Unmanned Ground Vehicle (UGV) Market is expected to reach at $4,458 million by 2025 with a CAGR of +13%.
The Unmanned Ground Vehicle (UGV) is a mechanical machine that moves along the surface of the ground whose task is to carry or transport something, it does not carry a human being. The UGV industry provides a flexible robotic platform along with providing multipurpose mobility support. The major applications of the vehicles are in the defense sector; it includes providing surveillance information, carry supplies, assists in explosive activation. Moreover, the vehicles are used in emergency services that include police and ambulance.
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Top Key Players Covered in Unmanned Ground Vehicle (UGV) Market:
Lockheed Martin, Northrop Grumman, BAE Systems, General Dynamics, Horiba MIRA, Oshkosh Defense, Irobot, Qinetiq Group, Cobham, Nexter Group, Dok-Ing, Aselsan, RE2, Autonomous Solutions, ICOR Technology, Mechatroniq Systems, and Robosoft
Moreover, on the basis of geography, the Unmanned Ground Vehicle (UGV) market has been segmented by North America, Europe, South America, Asia-pacific as well as Middle East & Africa. It compiles exhaustive information which has been sourced by using data exploratory techniques such as primary and secondary research. Due to the usage of scientific investigation methods, it offers an accurate analysis of business perspectives.
Unmanned Ground Vehicle (UGV) Market Segmentation:
By types, the market can be split into
By Application, the market can be split into
- Micro UGV
- Small UGV
- Medium UGV
- Large UGV
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Furthermore, the vehicles can also be used for various applications as well as those locations where the presence of human operators may be inconvenient or impossible. Additionally, advanced technological innovations in the field of unmanned robotics shall lead to an increase in the demand for unmanned ground vehicles. Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global Unmanned Ground Vehicle (UGV) market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots.
Key findings of this research report:
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- Detailed elaboration on market dynamics such as drivers, restraints, and opportunities
- It offers extensive research on business profiles of leading industry key players
- It defines, describes and presents projections of the global Unmanned Ground Vehicle (UGV) market
- It gives different strategic planning methodologies
- Holistic snapshot of the competitive landscape
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