Global Unmanned Ground Vehicle Market Study Analysis: Creating intelligent robots to carry out combat missions

The fast-food market size was valued at $ billion in 2020 and is estimated to reach $ billion by 2028, growing at a CAGR of 6.57% during the forecast period. The unmanned ground vehicle moves along the ground surface which does not require human intervention to drive or assist them. These vehicles are mechanical machines that transport or carry goods and provides mobility support. The unmanned ground vehicles are equipped with advanced driver assistance systems which enhances the safety of the vehicles. These vehicles are used in defense as well as commercial purposes including logistics, entertainment, oil and gas sector, firefighting, and agriculture. In defense unmanned ground vehicles provide their applications in providing surveillance information, carrying supplies, assisting in explosive activation among others. As there is no involvement of humans these vehicles reduce the risk of loss of life. In industries, unmanned ground vehicles are gaining popularity due to the costs benefits provided by the vehicles, as no human is required it lowers the industry’s operating costs resulting in increased profitability. Several companies are investing in developing advanced and innovative technologies to enhance the potential of the unmanned ground vehicle which is expected to further boost the unmanned ground vehicle market growth
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Global Unmanned Ground Vehicle Drivers And Restrain:
The major factors that have impacted the growth of the Unmanned Ground Vehicle market are advancements of in-flight connectivity technologies which have catered to the demand for advanced Unmanned Ground Vehicle and rising investments in cabin interior and aviation products by airlines which has increased sales of Unmanned Ground Vehicle solutions, among others.

Reduction in risk of human life:
The rising demand for unmanned ground vehicles in the defense sector is expected to fuel the UGV global market. Defense ministries across the world are investing in UGVs to reduce the loss of human life at risk. It is a less costly alternative to manned ground vehicles resulting in increasing demand for unmanned ground vehicles in the military sector. They are used to detect the explosives and discharge them, thus reducing the chances of human casualties and increase mission performance. These vehicles are sent ahead of the army squad to examine the terrain to spot the enemy targets and thus counteract them.

Increasing demand for civilian applications:
The demand for unmanned ground vehicles is increasing in civilian operations including home usage and rescue operations. These remotely controlled unmanned vehicles are used for cleaning floors, harvesting crops, and so on. In case of any natural disaster, unmanned ground vehicles are used in rescue operations. There is a growing use of UGVs to carry counter-insurgency and combat operations. The outskirts and border security needs have increased the demand for unmanned ground vehicles. Furthermore, the increase in terrorist activities across the globe is rising the demand for combat vehicle performance of UGV. These vehicles are also used to assist counter Improvised Explosive Devices (IED). All these applications of UGV are expected to fuel the growth of the UGV market size.
The market is hampered by a lack of superior visual skills in UGVs and the need to build sophisticated and highly reliable UGVs.

Impact Of COVID-19 on the Unmanned Ground Vehicle Market:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window
Global Unmanned Ground Vehicle Market Segments:
The global Unmanned Ground Vehicle market is further segmented into a mode of operation, size, application, mobility, and geography.
By Mode of Operation: Tethered, Teleoperated, and Autonomous
By Size: Small, Medium, and Heavy
By Application: Commercial and Defense
By Mobility: Tracked, Wheeled, Legged, and Hybrid

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

Asia Pacific is projected to dominate the unmanned ground vehicle market due to the increasing investments in defense activities by countries including India, China, and Pakistan. The countries are investing in the development and procurement of advanced systems for military operations coupled with advancements in manufacturing capabilities of the emerging economies of this region is expected to drive the unmanned ground vehicle market. Moreover, the abundance of oil reservoirs and natural resources is increasing the adoption of the vehicles in oil and gas market. North America is expected to show lucrative growth in the market owing to the utilization of a large number of unmanned vehicles for surveillance and warfare purposes in this region.

Key Players of Global Unmanned Ground Vehicle Market:
• Armtrac Limited
• Oshkosh Defense LLC
• Northrop Grumman Corporation
• QinetiQ Group Plc
• Roboteam
• Flir Systems
• Lockheed Martin Corporation
• HORIBA MIRA Ltd.
• ICOR Technology
• General Dynamics Corporation

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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Unmanned Ground Vehicle Market
• Value Chain Analysis of Global Unmanned Ground Vehicle Market
• What is the CAGR of the global Unmanned Ground Vehicle Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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