Unmanned Ground Vehicle Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2030

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Market Size – USD 3.10 Billion in 2021, Market Growth – at a CAGR of 7.1%, Market Trends – Advancements in the development of smart robots for warfare operations

Global Unmanned Ground Vehicle Market Forecast to 2030

The Global Unmanned Ground Vehicle Market research report is a comprehensive document that outlines the most recent advancements and developments in the Unmanned Ground Vehicle industry, with 2019 as the base year and 2022-2030 as the forecast period. The report provides useful insights into market size, market share, sales channel and distribution network, market segmentation, demands and trends, and growth prospects. The report also examines market growth on a global and regional scale. The report investigates the COVID-19 pandemic's impact on the Unmanned Ground Vehicle Market and its key segments.

According to the most recent analysis by Emergen Research, the Unmanned Ground Vehicle (UGV) market size reached USD 3.10 billion in 2021 and is projected to grow at a revenue CAGR of 7.1% over the forecast period. One of the main reasons influencing the growth of the market's revenue is the rising demand for UGVs in civil applications. Rescue operations and home use are examples of civil services. Examples of home use include harvesting crops and cleaning floors. In the event of a disaster, unmanned ground vehicles (UGVs) are used for rescue missions. Demand for civilian applications has increased due to the need for perimeter and border protection. Also, during search and rescue efforts, autonomous UGVs are utilised to identify people and assess disaster damage.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Northrop Grumman Corporation, L3 Harris Technologies Inc., Autonomous Solutions, ICOR Technology, Lockheed Martin Corporation, Cobham PLC, RE2 Inc., QinetiQ, BAE Systems, Nexter System

Market Dynamics:

The report offers insightful information about the market dynamics of the Unmanned Ground Vehicle market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Unmanned Ground Vehicle market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Unmanned Ground Vehicle market.

Radical Highlights of the Unmanned Ground Vehicle Market Report:

  • Comprehensive overview of the Unmanned Ground Vehicle market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Unmanned Ground Vehicle market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Some Key Highlights From the Report

  • The wheeled segment revenue is expected to increase at a steady rate throughout the forecast period, owing to the increase in demand for wheeled mobile robots for activities where the surface is expected to be relatively even and with fewer impediments
  • Autonomous segment accounted for significant revenue share in 2021. The autonomous mode provides self-sufficiency, allowing them to conduct activities and carry out operations without the need for human interaction, and thus it is expected to drive revenue growth of the segment.
  • The small UGVs segment revenue is expected to register a steady growth rate during the forecast period. Small UGVs can be outfitted with a variety of payloads, including night-vision cameras, Chemical, Biological, Radioactive, and Nuclear (CBRN) sensors, motion detectors, manipulator arms, and grippers.
  • The market in the Asia Pacific is expected to register a considerably rapid growth rate in the global Unmanned Ground Vehicle (UGV) market over the forecast period as a result of the regions’ increased technological progress and deployment.

Unmanned Ground Vehicle Market Segmentation:

Market Overview:

The report bifurcates the Unmanned Ground Vehicle market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Operation Mode Outlook (Revenue, USD Billion; 2017-2027)
    • Autonomous
    • Remotely Operated
    • Tethered
  • Mobility Outlook (Revenue, USD Billion; 2017-2027)
    • Wheeled
    • Tracked
    • Legged
    • Hybrid
  • System Outlook (Revenue, USD Billion; 2017-2027)
    • Payloads
    • Navigation System
    • Controller System
    • Power System
    • Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Unmanned Ground Vehicle Market report is an exhaustive database that will help readers formulate lucrative strategies. The Unmanned Ground Vehicle Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Unmanned Ground Vehicle market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Unmanned Ground Vehicle with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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