Military Unmanned Ground Vehicle Market Growth Factors Details for Business Development 2021 to 2027: General Dynamics, NEXTER, Oshkosh Corporation, Harris, TSKGV, QinetiQ, Cobham

Military Unmanned Ground Vehicle Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

The unmanned ground vehicle (UGV) market is estimated to register a CAGR of over 12.8% during the forecast period (2021 - 2026).

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Top Companies in the Global Military Unmanned Ground Vehicle Market: General Dynamics, Rheinmetall AG, NEXTER, Oshkosh Corporation, Harris, TSKGV, QinetiQ, Cobham, Milrem Robotics, Roboteam, FLIR Systems, Israel Aerospace Industries and others.

Industry News:

In January 2021, FLIR Systems announced that it had won an additional USD 30.1 million contract from the US Army for sustainment efforts connected to the service’s Man Transportable Robotic System Increment II (MTRS Inc. II) and Common Robotic System-Heavy (CRS-H) unmanned ground vehicle (UGV) programs.

In August 2020, Australia announced a significant investment of AUD 12.2 million (USD 8.7 million) in industry contracts for autonomous vehicles and emerging technologies. The money will go on experimentation, prototyping, and exploration of UGVs for the Australian Army.

In March 2020, HORIBA MIRA announced that it had secured a major GBP 2.3 million (USD 3.25 million) contract to supply VIKING autonomous unmanned ground vehicles (UGV) to the UK Defence Science and Technology Laboratory (Dstl).

Market Overview:

Unmanned ground vehicles or UGVs are robotic systems that operate on land without a human operator onboard. They are used for a wide variety of civilian and military applications, particularly in environments that are hazardous or unpleasant to humans and for tasks that are difficult or pose unacceptable risks. They can be autonomous or remotely operated. The unmanned ground vehicle (UGV) market is segmented by mobility into wheeled, tracked, and legged. It has also been segmented by application into military and civil and commercial.

Market Growth:

In recent times, several countries have begun to invest heavily in autonomous military systems. Though the focus had been largely on unmanned aerial vehicles, the investments in the development of UGVs have also grown in recent times. In February 2021, the Russian military announced that it had completed the development of a functioning prototype of the latest Udar Unmanned Combat Ground Vehicle, which can operate on different terrains. The Udar robotic vehicle is a multi-purpose robotic platform that can be customized with an array of weapons and equipment based on its tactical objective. Russia’s Military Industry Committee aims to deploy 30% of Russia’s kinetic weapons on remote-control platforms by 2025. 

Regional Analysis:

North America held the largest market share in 2020, and the region is also expected to exhibit the highest growth rate during the forecast period. The United States is currently the largest market for UGVs in the world. The US military is actively procuring a large number of UGVs for its forces. In May 2021, FLIR Systems Inc. announced that it had received more than USD 70 million in new orders for its Centaur robots from the US Armed Services. The US Army, Navy, Air Force, and Marine Corps placed orders for nearly 600 FLIR Centaur robots, including additional spares, antennas, and payload mounting kits. UGVs are being developed for several end users in the country. 

Market Segmented by Types:

Wheeled Type

Crawler Type

Market Segmented by Applications:

For Combat

For Investigation

For Explosive Disposal

Others

Regional Analysis:

– North America (United States, Canada, Mexico)

–Europe (Germany, UK, France, Italy, Spain, Russia)

–Asia-Pacific (China, Japan, South Korea, Australia, India)

–South America (Brazil, Argentina, Columbia)

–The Middle East and Africa (UAE, Egypt, South Africa)

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-In-depth understanding of Military Unmanned Ground Vehicle market-particular drivers, constraints and major micro markets.

-Favorable impression inside vital technological and market latest trends striking the Military Unmanned Ground Vehicle market.

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

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