Unmanned Ground Vehicles Market Trends, Business Overview, Industry Growth and Forecast to 2031

The global unmanned ground vehicles market is expected to grow at a significant CAGR during the forecast period (2024-2031). There is a growing use of UGVs to carry out counter-insurgency and combat operations. This is primarily to reduce human casualties in such situations. UGVs are also being used in various missions to enhance military situational awareness in urban warfare in conjunction with UAVs. The demand for UGVs is also increasing for civil and commercial applications, such as in the oil and gas sector, airports, law enforcement, firefighting, and agriculture, among others, which is a factor that is expected to boost the market growth.

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Unmanned ground vehicles or UGVs are robotic systems that operate on land without a human operator on board. 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 Global Unmanned ground vehicles market analysis includes some of the key market players such as Teledyne FLIR LLC., General Dynamics Corporation, Rheinmetall AG, Oshkosh Corp., ECA GROUP, and HORIBA MIRA Ltd., among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.

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Recent Development:

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 Coverage

Segment Covered
Regions Covered- Globally
Competitive Landscape: Teledyne FLIR LLC., General Dynamics Corporation, Rheinmetall AG, Oshkosh Corp., ECA GROUP, and HORIBA MIRA Ltd., among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Unmanned Ground Vehicles Market by Segment

By Application

Military
Civil
Commercial

By Mobility

Wheeled
Tracked
Legged
Hybrid

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