Small UGVs have Increasing Demand Due to Small Size and Manoeuvrability | Unmanned Ground Vehicles Market

Market NEWS: Unmanned Ground Vehicles, Underwater Vehicles, Surface Vehicle  Market is growing with high CAGR rate

According to the new market research report on " Unmanned Ground Vehicles Market by Application (Military (ISR, EOD, Combat Support, Transportation), Commercial (Firefighting, CBRN, Physical Security, Oil & Gas)), Mobility, Size, System, Mode of Operation, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Unmanned Ground Vehicles Market is projected to grow from USD 2.7 billion in 2018 to USD 7.0 billion by 2025, at a CAGR of 14.81% from 2018 to 2025.

The increasing demand for UGVs in the commercial and defense sectors and technological innovations that have created a demand for UGVs to perform complex operations with minimal human intervention and better safety are the major factors driving the market.

"By application, the commercial segment expected to lead the UGVs market, during the forecast period" 
Based on application, the UGVs market has been segmented into military, law enforcement, federal law enforcement and commercial. The military segment of the UGV market is projected to grow at the highest CAGR from 2018 to 2025. This growth can be attributed to the increasing demand for military UGVs to conduct operations in hostile environment. These types of UGVs are mainly used for carrying out ISR, EOD, and provide combat support.

"By size, the small segment to grow the highest during the forecast period" 

Based on size, the UGVs market has been segmented into small, medium, large, very large, and extremely large. The small segment is projected to grow at the highest CAGR during the forecast period. The demand for small UGVs from both the commercial and defense sectors for their capabilities is expected to drive this segment. Small land robots can be fitted with various payloads, such as night-vision cameras, Chemical, Biological, Radioactive, and Nuclear (CBRN) sensors, motion detectors, manipulator arms, and grippers.

Browse in-depth TOC on "UGV Market"

134 - Tables  
107 - Figures  
261 - Pages  

"Asia Pacific is projected to lead the UGVs market during the forecast period" 

The UGVs market in Asia Pacific is projected to grow at the highest growth rate during the forecast period. The growth of this market can be attributed to the increasing investments to develop UGVs for defense as well as commercial applications. Investments are mainly driven by new product developments in ChinaIndiaJapan, and South Korea, which are among the fastest-emerging economies in the world. The Asia Pacific region is one of the growing regions for unmanned ground vehicles systems as the countries such as ChinaIndiaJapanAustralia, and South Korea, among others are very active to strengthen their land based military systems by increasing their defense budget spending on UGVs. Another reason for the increased growth is due to the in
crease in the number of manufacturing bases for commercial UGVs.


Major players operating in this market include QinetiQ Group Plc. (UK), iRobot (US), Northrop Grumman (US), Oshkosh Corporation (US), and Lockheed Martin (US), among others.

Industry Trends 
  • Autonomous Navigation
             Communication
             Power
             Vision
             Architecture
             Soldier Machine Interface
             Manipulation
             Terrain Mobility
             Payloads
  • Unmanned Ground Vehicle Market, By Size
  • Introduction 
  • Small (10-200 lbs) 
  • Medium (200 - 500 lbs) 
  • Large (500 - 1000 lbs) 
  • Very Large (1000 – 2000 lbs) 
  • Extremely Large (>2000 lbs)
The report segments and analyzes the UGVs market on the basis of mode of operation (tethered, teleoperated, and autonomous), mobility (wheeled, tracked, legged, and hybrid), size (small, medium, large, very large and extremely large), systems (payloads, control units, actuators, and others), and application (military, law enforcement, federal law enforcement and commercial) and maps these segments and subsegments across the major regions of the world, namely, North AmericaEuropeAsia Pacific, the Middle East, and Rest of the World. Brief information on the research methodology for the report can be found in the report description provided on website.
Browse Related Report 

Unmanned Underwater Vehicles Market | UUV Market | by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, Payload, and Region - Global Forecasts to 2022

Unmanned Surface Vehicle Market | USV Market | by Application (ISR, MCM, Oceanography, Hydrography), System (Propulsion, Communication, Payload, Chassis), Type (Surface, Sub-surface), Mode of Operation, Size, Hull, Endurance and Region - Global Forecast to 2023


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