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The Unmanned Ground Vehicle Market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed number of key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.
An unmanned ground vehicle is used in critical missions where it cannot be possible to have a human operator present as it is dangerous or impossible. These are similar in function to the underwater vehicles and UAVs.
This market is segmented based on the mobility, operation mode, and the application.
Segment Analysis
Based on the mobility, it is segmented as wheeled, tracked, hybrid, and legged. from among the various types of mobility, the legged type is the most used. It is because these UGVs are more suitable for any unpredictable, rough and rocky terrains. They are also more used for critical missions.
On the basis of the operation mode, it is divided as tethered, tele-operated, and autonomous. The autonomous mode is leading the market due to the increased use of automation. In every application, the autonomous mode UGV is being used. Also, there has been a heavy investment from various countries for making use of these for the military.
On the basis of the applications, it is divided as military, commercial and others. the military application segment is anticipated to grow at a fast pace in comparison to the other segments. As automation technology is being highly implemented in military applications such as combat support, transportation, and ISR, there is a high demand for the UGV.
Key Factors Impacting Market Growth:
• Need for increased operation efficiency
• Growth in terror threats worldwide
Key Developments:
• In March 2019, The US Army contracted QinetiQ (The US) for the CRS-I program worth 429 Million USD
• In November 2018, The US Army signed a contract with Oshkosh Corporation (The US) for manufacturing JLTV for 6.7Billion USD
• In July 2018, Dok-ing (Croatia ) and Israel Aerospace Industries collaborated to produce CBRNE UGV
Regional Outlook
North America, Western Europe, and Asia Pacific are estimated to dominate the unmanned ground vehicle market by regions during the forecast period. North America region includes US, Canada, and Mexico. This region is dominated by US with a substantial market share. Presence of key players operating in the market along with an established infrastructure, and government spending are expected to drive the demand in the region. Western Europe consists is another major region with countries such as Germany, UK, France, and Italy. Some of these countries are major exporters of aerospace & defense technologies to the World. In addition to this, there has been a strong government spending towards development and acquisition of new technologies in recent years. Asia Pacific consisting of China, Japan, India, and South Korea is estimated to register highest CAGR for unmanned ground vehicle market during the forecast period. Middle East and Eastern Europe regions have a strong potential for unmanned ground vehicle market during the forecast period.
Companies Covered: QinetiQ Group Plc, Northrop Grumman, Lockheed Martin, iRobot Corp, and Oshkosh Corporation...
Market Segmentation:
By Mobility:
• Wheeled
• Tracked
• Hybrid
• Legged
By Operation Mode:
• Tethered
• Tele-Operated
• Autonomous
By Application:
• Military
• Commercial
• Others
By Region:
• North America
◦ By Country (US, Canada, Mexico)
◦ By Mobility
◦ By Operation Mode
◦ By Application
• Western Europe
◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
◦ By Mobility
◦ By Operation Mode
◦ By Application
• Eastern Europe
◦ By Country (Russia, Turkey, Rest of Eastern Europe)
◦ By Mobility
◦ By Operation Mode
◦ By Application
• Asia Pacific
◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
◦ By Mobility
◦ By Operation Mode
◦ By Application
• Middle East
◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
◦ By Mobility
◦ By Operation Mode
◦ By Application
• Rest of the World
◦ By Region (South America, Africa)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Reasons To Buy This Report:
• Market size estimation of the global Unmanned Ground Vehicle Market on regional and global basis
• Unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
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