Global Micro Tactical Ground Robot Market - Predicted to Expand at a CAGR of 17.30% during Forecast 2018 - 2025 || Industry Key Players - Roboteam, iRobot Corp., QinetiQ, Boeing Co., Thales S.A., & Robotnik Automation

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Micro Tactical Ground Robot Market - Predicted to Expand at a CAGR of 17.30% during Forecast 2018 - 2025”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Micro Tactical Ground Robot. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

The global market for micro tactical ground robots is experiencing a significant rise in its valuation, thanks to the increasing usage of micro tactical ground robots in the defense and military sector. The rising trend of automation is also fueling the demand for micro tactical ground robots across the world. 

The worldwide market for micro tactical ground robots is expected to witness a significant rise over the period from 2018 to 2025, growing at a CAGR of 17.30%. The opportunity in this market is likely to increase from a US$1.57 bn in 2016 to US$6.36 bn by the end of 2025. 

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It further encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth. The market has been forecast based on constant currency rates. Prices of micro tactical ground robot vary in each region and are a result of the demand-supply scenario in the region. Individual pricing of micro tactical ground robot for each application has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down the market into segments in each region. 

Market estimates for this study have been based on revenue being derived through regional pricing trends. The price for commonly utilized grades of micro tactical ground robot in each application has been considered, and customized product pricing has not been included. Demand for micro tactical ground robot has been derived by analyzing the global and regional demand for micro tactical ground robot in each application. The global micro tactical ground robot market has been analyzed based on expected demand. 

Market data for each segment is based on corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers’ feedback. Forecasts have been based on the expected demand from micro tactical ground robots. We have used the top-down approach to estimate the global micro tactical ground robot market, split into regions. 

The application split of the market has been derived using a top-down approach for each regional market separately, with the global application segment split being an integration of regional estimates. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. In the absence of specific data related to the sales of micro tactical ground robot of several privately held companies, calculated assumptions have been made in view of the company’s product portfolio and regional presence along with the demand for products in its portfolio. 

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The study presents a decisive view of the micro tactical ground robot market by segmenting it based on application, mode of operation and regional demand. Application segments have been analyzed based on current trends and future potential. The market has been estimated from 2018 to 2025 in terms of revenue (US$ Mn). Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. These have been further sub-segmented into countries and regions with relevance to the market. The segmentation also includes demand for individual applications in all regions. 

It also provides the size of the micro tactical ground robot market in 2018 and the forecast for the next nine years up to 2025. The size of the global micro tactical ground robot market is provided in terms of revenue. Market revenue for regions is in US$ Mn. The market size and forecast for each product segment is provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different applications. 

The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report include Roboteam (Israel), iRobot Corporation (U.S.), QinetiQ (U.K.), Boeing Company (U.S.) and others.

The global micro tactical ground robot market has been segmented into: 

By Application

Intelligence, surveillance, and reconnaissance

Law enforcement

Explosive ordinance disposal

Chemical, biological, radiological, nuclear and explosives (CBRNE) and hazardous material (HAZMAT)

Others 

By Mode of Operation

Tethered

Tele-operated

Semi-autonomous

Autonomous 

By Geography

North America

U.S.

Rest of North America

Europe

UK

Russia

France

Germany

Italy

Rest of Europe

Asia Pacific (APAC)

China

India

Japan

Rest of APAC

Middle East & Africa

U.A.E

Rest of Middle East and Africa (MEA)

Latin America

Brazil

Rest of Latin America

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