Unmanned Ground Vehicle Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022

February 14 03:42 2017

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ccording to Stratistics MRC, the Global Unmanned Ground Vehicle market is estimated at $1.95 billion in 2015 and is expected to reach $14.55 billion by 2022 growing at a CAGR of 33.3% from 2015 to 2022. The robust growth of the unmanned ground vehicle (UGV) market is because of the technological advancements and other added advantages from the UGV’s. Unmanned Ground Vehicles (UGV’s) works in contact with the ground, with or without human involvement.

The factors that are influencing the growth of the market are escalating demand from non-defense applications such as homeland security & commercial purposes, optimal performance of the unmanned ground vehicles and reduced risk of human lives. The constraints for the market are low battery life which impacts on the vehicles durability and the strength of frequency modulations which can be altered. UGVs encounter payload problems pooled with limited space, thus distressing the power supply of the batteries which affects their operational range by hindering the supply of onboard accessible energy.

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Commercial segment in Application segment holds the largest share and is expected to grow at highest CAGR during forecast period owing to its usage in logistics, agriculture and more. Europe region is anticipated to show lucrative growth in unmanned ground vehicle market.

Some of the key players in the market include Northrop Grumman Corporation, Cobham PLC, General Dynamics Corporation, Oshkosh Corporation, Aselsan A.S, Dok-Ing Ltd, Nexter Group, G-NIUS Unmanned Ground Systems Ltd, Qinetiq Group PLC, Irobot Corporation, Lockheed Martin Corporation, BAE Systems, PLC, Boston Dynamics and Robotics Engineering Excellence (RE2) Inc.

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Scope of the Report:

Applications Covered:
• Military & defense
• Homeland Security
• Commercial

Mobility’s Covered:
• Tracked UGV
• Wheeled UGV
• Legged UGV
• Other Mobility’s

Technologies Covered:
• Tethered
• Autonomous
• Semi-autonomous
• Tele-operated

Payloads Covered:
• Cameras
• Sensors
• Radars
• Lasers
• Other Payloads

Sizes Covered:
• Large UGV
• Medium UGV
• Small UGV
• Micro UGV
• Other Sizes

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain  
o Rest of Europe    
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific    
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC

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