The new report by Expert Market Research titled, Global Unmanned Ground Vehicles Market Report and Forecast 2021-2026, gives an in-depth analysis of the globalunmanned ground vehicles market, assessing the market based on its mobility, mode of operation, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porters Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
The growth in the global unmanned ground vehicles market is induced by reduction in human life risks, and remarkablevehiclecombat performance. Factors including the rise in use of robots in affected areas by radiological, biological, chemical, and nuclear (CBRN) attacks, the increasing need for autonomous systems in the defence and commercial sectors, the growing acceptance of unmanned ground vehicles for counter-insurgency operations, the evolution ofsmartrobots to carry out combat operations, and the improvement of surveillance,intelligence, reconnaissance, and target acquisition capabilities of the defence sector are anticipated to boost the unmanned ground vehicles market.
Industry Definition and Major Segments
Unmanned Ground Vehicles refer to the mechanical machines which travel on the grounds surface in order to carry or transport something; they do nottransportpeople. They provide a flexibleroboticplatform along with multifunctionalmobilitysupport.
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Based on mobility, the market is divided into:
Based on mode of operation, the industry is segmented into:
Based on application, the market can be categorised as:
On the basis of regional markets, the industry is divided into:
1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 Others
Market Trends
Technological advances in UGV abilities and miniaturisation of these vehicles are anticipated to contribute to the growth of UGVs in the military over the forecasted period. The development of completely autonomous unmanned ground vehicles, as well as increased defence budgets for unmanned systems in various countries, will further enhance valuable opportunity for the expansion of the unmanned ground vehicle market. UGVs are also in high demand for commercial uses such as the oil and gas industry, agriculture, and firefighting. The systems are used in search and rescue operations in the event of a disaster. Furthermore, the need for perimeter and border defence has expanded the demand from civilian applications, resulting in increased industry growth.
Key Market Players
The major players in the market are FLIR Systems, Inc., Oshkosh Defense LLC, Northrop Grumman Corporation, BAE Systems, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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