Lewes, DE -- (SBWire) -- 01/30/2019 --Global Unmanned Ground Vehicle Market is accounted for $1.59 billion in 2017 and is expected to reach $5.23 billion by 2026 growing at a CAGR of 14.1%. Some of the key factors influencing the market growth include growing demand for reduced human intervention, growing demand for UGVs in the commercial, defense sectors and unreliable warfare tactics and rising operational efficiency. However, unpredictable external conditions and continuous power supply for UGVS are restricting the market growth.
Unmanned Ground Vehicles work on a set of sensors which are used for tracking the background as well as sometimes are used in autonomous decision making process. Moreover, UGVs also gains information about the climatic conditions and operates according to it using GPS coordinates while learning about the obstacle recognition and how to avoid them by planning a new path using the magnetic compass in order to measure the angles. It also parallely adapts to the unreliable surroundings for accomplishing the new and dangerous tasks.
By Mode of Operation, autonomous segment has significant market share during the forecast period owing to their capability of operating without any human intervention and autonomous UGVs is the future trend &many countries are investing in the development of autonomous troops for the army. By Geography, Asia-Pacific market is probable to grow at the highest rate during the forecast period. Countries in this region, such as India and China, have augmented their defense budgets and are investing in the expansion and procurement of advanced systems for military operations.
Some of the key players in the global Unmanned Ground Vehicle market include BAE Systems, Inc., Horiba Mira, Nexter Group, ICOR Technology Inc., Dok-Ing D.O.O., General Dynamics Corporation, Cobham PLC, Irobot, Lockheed Martin Corporation, Mechatroniq Systems, Autonomous Solutions Inc., RE2 Inc., Oshkosh Corporation, Robosoft, Qinetiq Group PLC., Aselsan A.S., Northrop Grumman Corporation, Armtrac Ltd, Clearpath Robotics Inc. and G-Nius.
Types Covered:
- Articulated Arm & GPS
- Lasers
- Sensors
- Camera
- Radar
- Service
- Solution
Mode of Operations Covered:
- Autonomous
- Tele- Operated
- Semi-Autonomous
- Tethered
- Automated
Mobilities Covered:
- Tracked
- Wheeled
- Legged
- Other Mobilities
Sizes Covered:
- Large
- Medium
- Small
- Micro
Components Covered:
- Software
- Hardware
Applications Covered:
- Defense
- Commercial
Security Types Covered:
- Wireless Security
- Endpoint Security
- Cloud Security
- Application Security
- Network Security
- Content Security
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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 9 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
Spanning over 144 pages "Unmanned Ground Vehicle - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Unmanned Ground Vehicle Market, By Type, Global Unmanned Ground Vehicle Market, By Mode of Operation, Global Unmanned Ground Vehicle Market, By Mobility, Global Unmanned Ground Vehicle Market, By Size, Global Unmanned Ground Vehicle Market, By Component, Global Unmanned Ground Vehicle Market, By Application, Global Unmanned Ground Vehicle Market, By Security Type, Global Unmanned Ground Vehicle Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - BAE Systems, Inc., Horiba Mira, Nexter Group, ICOR Technology Inc., Dok-Ing D.O.O., General Dynamics Corporation, Cobham PLC, Irobot, Lockheed Martin Corporation, Mechatroniq Systems.
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