Market Size of Unmanned Ground Vehicle Industry Valued at $2.12 Billion in 2020, Expected to Reach $6.04 Billion by 2030, with a CAGR of 11.4% (2021-2030)

According to a recent report published by Allied Market Research, titled, "Unmanned Ground Vehicle Market by Application, Size, Mode of Locomotion, and Operation: Global Opportunity Analysis and Industry Forecast, 2021-2030," 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐮𝐧𝐦𝐚𝐧𝐧𝐞𝐝 𝐠𝐫𝐨𝐮𝐧𝐝 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟐.𝟏𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟔.𝟎𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟏.𝟒%.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-sample/2465

North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. The U.S. dominated the global Unmanned Ground Vehicle (UGV) market share in North America in 2020, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making reliable, precise, and efficient UGVs. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in procurement and development of UGVs across several Asian nations, for instance, China, India, Japan, and South Korea.

By application, the UGV market is bifurcated into defense and commercial. The defense segment was the highest revenue contributor in 2020, owing to high demand for UGVs, which are used for different operations in the defense sector.

Depending on size, the UGV market is segregated into small, medium, and heavy. The small segment accounted for the highest revenue in 2020, owing to high demand for rotary small-sized UGVs that are deployed for numerous applications across the globe.

According to mode of locomotion, the UGV market is classified into tracked, wheeled, and legged. The tracked segment accounted for the highest revenue in 2020, owing to high demand for tracked-type UGVs, which can move in difficult terrains.

On the basis of operation, the market is divided into teleoperated and automated. The teleoperated segment garnered the highest revenue in 2020, owing to high demand for teleoperated UGVs that can be controlled by the operating teams to accomplish various tasks in the commercial and defense applications across the globe.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/unmanned-ground-vehicle-UGV-market/purchase-options

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 :

The COVID-19 impact on the unmanned ground vehicle market is unpredictable, and is expected to remain in force for a few years.

The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export of raw material items for most of 2020 & few months in 2021. This led to sudden fall in the availability of important components for manufacturing UGV components.

Moreover, nationwide lockdown forced UGV manufacturing facilities to partially or completely shut their operations.

Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of advanced UGVs across the globe.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲 :

According to application, the commercial segment is anticipated to exhibit significant growth in future.

By size, the heavy segment is expected to register a significant growth during the forecast period.

Depending on mode of locomotion, the legged segment is expected to register a significant growth during the forecast period.

On the basis of operation, the autonomous segment is anticipated to exhibit significant growth in future.

Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/2465

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Armtrac Inc.,
Autonomous Solutions Inc. (ASI),
Clearpath Robotics Inc.,
DOK-ING Ltd.,
General Dynamics Corporation,
GESAR INC.,
Horiba Mira Ltd.,
ICOR Technology,
Northrop Grumman Corporation,Teledyne FLIR LLC.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

𝐀𝐢𝐫 𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.globenewswire.com/en/news-release/2022/09/26/2522720/0/en/Air-Powered-Vehicle-Market-to-Garner-8-69-Billion-by-2035-Allied-Market-Research.html

𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.prnewswire.com/news-releases/autonomous-vehicle-market-to-reach-2-161-78-billion-globally-by-2030-at-cagr-of-40-1-allied-market-research-301498885.html

𝐄𝐭𝐡𝐚𝐧𝐨𝐥 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.globenewswire.com/news-release/2023/01/27/2597004/0/en/Ethanol-Vehicle-Market-to-Generate-1-317-63-Billion-by-2031-Allied-Market-Research.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 :

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𝐀𝐛𝐨𝐮𝐭 𝐮𝐬 :

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