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(2023-2028) Unmanned Ground Vehicles (UGVs) Market Share, Historical Analysis, Top Companies, Growth Rate, Demand and Forecast Report

04-20-2023 02:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Unmanned Ground Vehicles (UGVs) Market

Unmanned Ground Vehicles (UGVs) Market

According to the latest report by IMARC Group, titled "Unmanned Ground Vehicles (UGVs) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global unmanned ground vehicles market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.

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Unmanned Ground Vehicles (UGVs) Market Overview:

Unmanned ground vehicles (UGVs) are robotic vehicles that operate on land without human intervention or control. They come in various shapes and sizes, from small drones to large tanks, and are designed to perform a wide range of tasks, including surveillance, reconnaissance, logistics, and combat. They are equipped with advanced sensors, cameras, and navigation systems that allow them to navigate complex environments, detect obstacles, and avoid collisions. They are also integrated with autonomous capabilities that enable them to perform tasks without human intervention. They are becoming increasingly important in military operations as they can perform dangerous missions that would otherwise require human intervention, such as detecting and clearing mines and IEDs, patrolling dangerous areas, and conducting reconnaissance missions. In addition to military applications, they are also being used in civilian settings, such as agriculture, mining, and search and rescue operations.

Global Unmanned Ground Vehicles (UGVs) Market Demand Analysis:

The escalating need to combat criminal and terrorist activities majorly drives the global market. This can be supported by the widespread adoption of unmanned ground vehicles (UGVs) to manage combat operations and counterinsurgencies, handle security threats, and territorial disputes, and modernize armed forces. Along with this, the growing demand to enhance operational efficiency and minimize human involvement in military operations is positively impacting the market. In addition, the rising deployment of UGVs to tackle threats arising from biological, radiological, nuclear, chemical, and explosive sources is significantly supporting the demand. Moreover, UGVs have applications in on-road collision warning and avoidance, automated guideway and highway transit, bus rapid transit systems, firefighting, and disaster management operations, creating a positive market outlook. Some of the other factors driving the market include increasing investments in the defense sector and continual technological advancements.

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Key Market Segmentation:

Top Unmanned Ground Vehicles (UGVs) Manufacturers Worldwide:

• ASELSAN A.S
• Boston Dynamics
• Cobham Plc (Eaton Corporation PLC)
• DOK-ING Ltd.
• Teledyne FLIR LLC
• General Dynamics Corporation
• L3Harris Technologies Inc.
• ICOR Technology Inc.
• Lockheed Martin Corporation
• Nexter Systems
• Northrop Grumman Corporation
• Oshkosh Corporation
• QinetiQ Group Plc
• RE2 Inc (Sarcos Technology
• Robotics Corporation)
• Robo-Team Ltd

Breakup by Mobility:

• Wheeled
• Tracked
• Legged
• Hybrid

Breakup by Size:

• Small (10-200 lbs)
• Medium (200 - 500 lbs)
• Large (500 - 1,000 lbs)
• Very Large (1,000 - 2,000 lbs)
• Extremely Large (>2,000 lbs)

Breakup by Mode of Operation:

• Tethered
• Teleoperated
• Autonomous

Breakup by System:

• Payloads
• Control System
• Navigation System
• Power System
• Others

Breakup by Application:

• Military
• Law Enforcement
• Federal Law Enforcement
• Commercial

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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