Press release
Global Autonomous Military Vehicle Market Analysis By 2022-BAE Systems, Elbit Systems, Lockheed Martin, Northrop Grumman, Polaris Industries, RUAG Group.
An autonomous military vehicle is one that can drive itself from one point to another using various in-vehicle technologies and sensors, including adaptive cruise control, active, anti-lock braking systems, advanced navigation technology, lasers, and radar.
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Technavios analysts forecast the global autonomous military vehicle market to grow at a CAGR of 15.85% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global autonomous military vehicle market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Autonomous Military Vehicle Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
• BAE Systems
• Elbit Systems
• Lockheed Martin
• Northrop Grumman
• Polaris Industries
• RUAG Group
Market driver
Increasing concerns over IED blasts incentivizing government funded development
Market challenge
System reliability and uncertainty in user acceptance of autonomous features
Market trend
Emerging truck platooning
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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