openPR Logo
Press release

Unmanned Ground Vehicle Market Global Industry Analysis, Key Venders, Global Trends, Size, Share and Profits Forecast to 2025

07-29-2020 02:11 PM CET | Associations & Organizations

Press release from: Allied Market Research

unmanned ground vehicle market

unmanned ground vehicle market

Market Restraints and Opportunities:

• The cuts in defense budgets
• Restricted battery life of the vehicles
• Demand for autonomous control systems

Unmanned Ground Vehicle Market by size, by mode of locomotion, by operation, by application Type: Global Opportunity and Forecast, 2017-2023, the unmanned ground vehicle market was valued at $1,497 million in 2016, and is projected to reach at $3,358 million by 2023, growing at a CAGR of 11.1% from 2017 to 2023. This is attributed in reference to reduction in risk of human life, increased demand of UGVs in civilian application, and impressive vehicle combat performance.

The size segment includes small, lightweight, medium, and heavy. By mode of locomotion, the market is divided into tracked, wheeled, and legged. Operation segment is bifurcated into automated and teleoperated. Based on application, the market is categorized into defense and commercial.

Inquire for 25 % discount on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2465

Reduction in risk of human life and increased demand of unmanned ground vehicle in civilian applications consisting of homeland security and commercial purpose a fuel the growth of the market. However, the restricted battery life of vehicles limit the growth.

The small size UGV segment is projected to grow at the CAGR of around 12.4% during the forecast period. Increased demand of UGVs in civilian application and high operational efficiency favor market growth.

The wheeled type mode of locomotion of UGVs segment dominated the market in 2016, followed by tracked type. Furthermore, these segments collectively accounted for around 96.6% share of the overall unmanned ground vehicle market revenue in 2016. The agriculture sectors providing lucrative options for the wheeled unmanned ground vehicles. In addition, increased use of the unmanned vehicles in the mining industry favors unmanned ground vehicle market growth.

Download Sample PDF Brochure @ https://www.alliedmarketresearch.com/request-sample/2465

By application, the commercial segment is expected to grow at CAGR of around 18.6% followed by defense segment. These vehicles are used to move material at a mining site, assist in snow removal on road side in winter season, and patrolling thereby favoring market growth.

Key Findings of the Unmanned Ground Vehicle Market:
1 The small size UGV segment is expected to grow at the highest CAGR during the forecast period.
2 The wheeled type segment dominated the unmanned ground vehicle market growth in 2016.
3 North America was the highest contributor in the overall unmanned ground vehicle market size in 2016; however, in terms of growth, the market in Asia-Pacific is estimated to grow at the highest rate.
4 U.S. led in terms of expenditure on unmanned ground vehicle in 2016.

Driving factors for the market

• Reduction in risk of human life
• Increased demand in civilian applications
• Impressive vehicle combat performance

Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/2465

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Unmanned Ground Vehicle Market Global Industry Analysis, Key Venders, Global Trends, Size, Share and Profits Forecast to 2025 here

News-ID: 2098967 • Views: 177

More Releases from Allied Market Research

Cloud-based VDI Market Expected to Reach $ 10,154 million by 2023, Growing at a …
The Objective of the Cloud-based VDI Market report is to depict the trends and upcoming for Cloud-based VDI Industry over the forecast years. In Cloud-based VDI Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades
Railway Management System Market Is Booming Worldwide To Generate Huge Revenue B …
The Objective of the Railway Management System Market report is to depict the trends and upcoming for Railway Management System Industry over the forecast years. In Railway Management System Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased
Next Generation Storage Devices Market Has High Potential To Grow in a Coming Ye …
The Objective of the Next Generation Storage Devices Market report is to depict the trends and upcoming for Next Generation Storage Devices Industry over the forecast years. In Next Generation Storage Devices Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2015 to 2022 mulling over 2014 as the base year of the market study. Attentiveness for the
Supply Chain Management Software Market Will Show Admirable Growth in Coming Yea …
The Objective of the Supply Chain Management Software Market report is to depict the trends and upcoming for Supply Chain Management Software Industry over the forecast years. In Supply Chain Management Software Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the

All 5 Releases


More Releases for UGV

Escalating Incidences of Terror Strikes Steers Growth in Unmanned Ground Vehicle …
To evade life risks of civilians and military personnel in the light of wars and attacks, adoption of unmanned ground vehicle occupies substantial investment across nations, thereby lending impetus to the growth of unmanned ground vehicle market. Advances in robotics is expected to further leverage progress on the growth of unmanned ground vehicle market. In its recent report offering, Market Research Hub (MRH) sheds light on ongoing progresses and their implications
Military Unmanned Ground Vehicle (UGV) Market to Witness Huge Growth by 2025: Ke …
The Global Military Unmanned Ground Vehicle (UGV) Market 2018-2028 is latest pipeline review released by HTF MI to provides comprehensive information on the therapeutics under development for Global Military Unmanned Ground Vehicle (UGV), complete with analysis by stage of development, drug target, root cause analysis, mechanism of action (MoA), route of administration (RoA) and molecule type. Key Players included in the research study are BAE Systems, Israel Aerospace Industries(IAI), Safran
Unmanned Marine (UMV) and Ground Vehicles (UGV) Industry Research Report, Growth …
This study focuses on the production side and consumption side of Unmanned Marine (UMV) and Ground Vehicles (UGV), presents the global Unmanned Marine (UMV) and Ground Vehicles (UGV) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Unmanned Marine (UMV) and Ground Vehicles (UGV) capacity, production, value, ex-factory price, growth rate, market
The Global Military Unmanned Ground Vehicle (UGV) Market 2018-2028 - ResearchByM …
"The Global Military Unmanned Ground Vehicle(UGV) Market 2018-2028" Summary Over the last few decades, Asia has seen an escalation in insurgency-related attacks and terrorist activities, resulting in uncertainty and insecurity over the safety of critical national infrastructure, which results in modernization strategies and the fresh identification of vulnerable points in order to better safeguard against undesirable eventualities. The North American and European markets have also witnessed an increase in terror threats due to
Global Unmanned Ground Vehicle (UGV) Market - Industry Trends, Opportunities and …
The report provides a comprehensive analysis of the Unmanned Ground Vehicle (UGV) industry market by types, applications, players and regions. This report also displays the 2013-2023 production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Unmanned Ground Vehicle (UGV) industry in USA, EU, China, India, Japan and other regions Market Analysis by Players: This report includes following top vendors in terms of company basic
Global Unmanned Ground Vehicle (UGV) Market Is Expected to Boost the Growth
Qyresearchreports include new market research report Global Unmanned Ground Vehicle (UGV) Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Unmanned Ground Vehicle (UGV) in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. The report on the global Unmanned Ground Vehicle (UGV) market