Press release
Unmanned Ground Vehicle Market 2020 Precise Outlook with Key Players - QinetiQ Group Plc, Northrop Grumman, Lockheed Martin, iRobot Corp, and Oshkosh Corporation
The global unmanned ground vehicle market is anticipated to register a significant CAGR during the forecast period. In the report, the global market outlook section majorly comprises major dynamics of the target market which comprise major market drivers, opportunities, restraints, and challenges faced by the market. Also, market drivers and restraining factors are intrinsic factors where market opportunities and challenges are extrinsic factors of the global unmanned ground vehicle market. Global market expenditure has been on a major upturn over the present years urged by the return of the excessive power race amongst the major worldwide powers. Likewise, the focus has been on equipment modernization, augmented R&D outlays, and capabilities revitalization towards expansion of game changer and inventive technologies with the conventional and the revisionist powers seeking for a potential over match.Click Here to Get Sample of the Premium Report @
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Scope of the Global Unmanned Ground vehicle Market
QMI Research narrows down the presented data with the help of various primary sources to authenticate the information and implement it in collecting a full-fledged market research analysis. The market report embraces a qualitative and quantitative estimation of market components which interests the consumer. The “Global Unmanned Ground Vehicle Market” is majorly divided into sub-segments which can offer a categorized data about newest trends in the market.
Growing demand in various civilian applications that includes commercial purposes and homeland security are the major market drivers for the global unmanned ground vehicle market. In addition, the cuts in defense funds by the emerged regions and the limited battery life of the vehicles are the restraints growth of the unmanned ground vehicle market. On the other hand, increase in demand to raise operational efficiency and increasing demand for autonomous control systems are the major lucrative market opportunities for the global unmanned ground vehicle market.
Segment Analysis of the Global Unmanned Ground Vehicle Market
The global unmanned ground vehicle market is basically segmented into application, mobility, size, application, mode of operation, and geographical regions.
• Based on application, the global UGVs market has been sub-segmented into military, military, commercial, law enforcement and federal law enforcement.
• Based on mobility, the global unmanned ground vehicle market has been segregated into tracked, legged, wheeled, and hybrid.
• Based on size, the global market is fragmented into small, medium, large, very large, and extremely large.
• On the basis of application, the market is segregated into prototyping, tooling, and functional part manufacturing.
• Based on mode of operation, the global unmanned ground vehicles market is segmented into tele operated, tethered, and autonomous.
Geographical Analysis of Global Unmanned Ground Vehicles Market
The global unmanned ground vehicles market geographically segregated into North America, Europe, Asia Pacific, and the Middle East and Africa. Among these, the Asia Pacific UGVs market is expected to grow at the highest rate over the forecast period. Countries in this region, such as India and China have increased their defense funds and are investing in the expansion and procurement of advanced systems for military operations.
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Recent Strategic Developments of Major Unmanned Ground Vehicles Market Players
• Harris Corporation has combined with L3 to become L3 Harris Technologies which is currently America’s 6thlargest defenseorganization. The shared company is valued at USD 33.5 billion.
• Oshkosh Corporation signed an agreementis valued at USD 6.7 billion with the United States Army to manufacture JLTV (Joint Light Tactical Vehicle).
Competitive Landscape of the Global Unmanned Ground Vehicles Market
The “Global Unmanned Ground Vehicles Market” market report will delivers a valuable insight with the rising focus on global market comprising some of the major players such as: DOK-ING, Cobham plc. Armtrac Limited, Northrop Grumman Corporation, General Dynamics Corporation, RE2, Inc, HORIBA MIRA Ltd., ICOR Technology, Clearpath Robotics Inc., ENDEAVOR ROBOTICS, and others.Quince Market Insights analysis also offers a section which is specifically dedicated for these major players wherein major analysts offer the suitable insight to the key financial statements of all the major players.
Companies Covered: QinetiQ Group Plc, Northrop Grumman, Lockheed Martin, iRobot Corp, and Oshkosh Corporation...
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Market Segmentation:
By Mobility:
• Wheeled
• Tracked
• Hybrid
• Legged
By Operation Mode:
• Tethered
• Tele-Operated
• Autonomous
By Application:
• Military
• Commercial
• Others
By Region:
North America
◦ By Country (US, Canada, Mexico)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Western Europe
◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Eastern Europe
◦ By Country (Russia, Turkey, Rest of Eastern Europe)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Asia Pacific
◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Middle East
◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Rest of the World
◦ By Region (South America, Africa)
◦ By Mobility
◦ By Operation Mode
◦ By Application
Reasons To Buy This Report:
• Market size estimation of the global Unmanned Ground Vehicle Market on regional and global basis
• Unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 144 439 0986 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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