The Unmanned Ground Vehicles (UGV) Market research reports 2023-2030. A detailed study accumulated to offer the Latest insights about acute features of the Global Unmanned Ground Vehicles (UGV) market. This report provides a detailed overview of key factors in the Unmanned Ground Vehicles (UGV) Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. This report elaborates the market size, revenue, and growth of the Unmanned Ground Vehicles (UGV) industry, and breaks it down according to the type, application, and consumption area of Unmanned Ground Vehicles (UGV). The report also conducted a PESTEL analysis of the industry to study the industry’s main influencing factors and entry barriers.
The Global Unmanned Ground Vehicle Market Is Expected To Reach USD 2.7 Billion By 2022 And Is Expected To Reach USD 3.6 Billion By 2030, Growing At A CAGR Of 5.7% From 2023 To 2030.
Some of the key players profiled in the study are:
Lockheed Martin, Northrop Grumman, BAE Systems, General Dynamics, Irobot, Qinetiq, Cobham, Nexter Group, Dok-Ing, Oshkosh
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Market Overview
Unmanned ground vehicles offer adaptable robotic applications and mobility support for multiple applications. The primary implementations of these vehicles are in the defense industry, delivering supplies, monitoring, and aiding in the activation of explosives. In civilian applications, it reduces the risk to human life and accomplishes impressive vehicle combat performance. These are the primary market influencers in this industry. In addition, unmanned ground vehicles are utilized in civilian applications such as the operation of nuclear power plants, urban research and rescue, agricultural harvesting and spraying, firefighting, and population control.
Market Segmentation
Unmanned Ground Vehicles (UGV) Market by Types:
- Sensors
- Radar, Lasers
- Camera
- Articulated ARM & GPS
Unmanned Ground Vehicles (UGV) Market by Applications:
- Agriculture
- Chemical
- Oil & Gas
- Defense
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Regional Insights
North America was the biggest market in the world in 2021, with a value of USD 1.02 billion, and it is projected to stay the biggest market for the rest of the forecast period. The area is ruled by the country with the biggest defense budget and the most money spent on buying next-generation military robots that can be used in many ways. For example, FLIR Systems was given a $31.6 million order by the U.S. Army in April 2021 to build the Man Transportable Robot System Increment II. (MTRS Inc II). It finds, names, confirms, and gets rid of explosives that are hidden.
During the forecast period, the market is projected to grow the most in Asia-Pacific. The area is ruled by the country with the biggest defense budget and the most money spent on buying next-generation military robots that can be used in many ways. This is because India and China are spending more on defense. Also, there is a growing need for UGVs because the military is growing quickly, there are more political fights between nearby countries, and terrorism is on the rise. Europe’s growth rate is also quite high over the next few years.
Country-Level Break-Up:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Influence of the Unmanned Ground Vehicles (UGV) market report:
-Comprehensive assessment of all opportunities and risks in the Unmanned Ground Vehicles (UGV) market.
-Unmanned Ground Vehicles (UGV) market recent innovations and major events.
-Detailed study of business strategies for growth of the Unmanned Ground Vehicles (UGV) market-leading players.
-Conclusive study about the growth plot of the Unmanned Ground Vehicles (UGV) market for forthcoming years.
-In-depth understanding of Unmanned Ground Vehicles (UGV) market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Unmanned Ground Vehicles (UGV) market.
Reasons for Buying this Report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow.
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