Unmanned Ground Vehicles Market

Unmanned Ground Vehicles Market Size, Share, Growth Analysis, By Mobility(Wheeled, Tracked, Hybrid, Legged), By Size(Small (10-200 lbs), Medium (200 - 500 lbs), Large (500 - 1000 lbs), Very Large (1000- 2000 lbs)), By Mode of Operation(Tethered, Teleoperated, Autonomous), By System(Payload, Controller System, Navigation System, Power System), By Application(Military, Commercial, Law Enforcement, Federal Law Enforcement), By regions(North America, Europe, Asia Pacific) - Industry Forecast 2025-2032


Report ID: UCMIG20A2045 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Unmanned Ground Vehicles Market Insights

Market Overview:

The unmanned ground vehicle market had a value of USD 3.02 billion in 2021, and it is predicted to increase from USD 3.09 billion in 2022 to USD 4.55 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 5.67% throughout the forecast period. The global COVID-19 pandemic had a significant impact on the market, resulting in reduced demand for unmanned ground vehicles across all regions compared to pre-pandemic levels. Analysis indicates that the global market experienced a low growth of 2.7% in 2020 compared to 2019.

Unmanned Ground Vehicles Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Aerospace & Defense by segment aggregation, the contribution of the Aerospace & Defense in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Unmanned Ground Vehicles was estimated to be valued at US$ XX Mn in 2021.

The Unmanned Ground Vehicles Market is estimated to grow at a CAGR of XX% by 2028.

The Unmanned Ground Vehicles Market is segmented on the basis of Mobility, Size, Mode of Operation, System, Application, regions.

Based on region, the Unmanned Ground Vehicles Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Unmanned Ground Vehicles Market are BAE Systems (U.K.), Aselsan A.S. (Turkey), Lockheed Martin Corporation (U.S.), General Dynamics Corporation (U.S.), L3Harris Technology, Inc (U.S.), Oshkosh Defense, LLC An Oshkosh Corporation Company  (U.S.), Rheinmetall AG (Germany), Teledyne FLIR LLC. (U.S.), QinetiQ (U.K.), Northrop Grumman Corporation (U.S.).

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Unmanned Ground Vehicles Market

Report ID: UCMIG20A2045

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