Unmanned Ground Vehicles Market Size, Share, Industry Growth, Opportunities & Trends by 2032

The global unmanned ground vehicles market size was valued at USD 2.66 billion in 2022. The market is anticipated to expand from USD 3.07 billion in 2023 to USD 5.26 billion by 2030, exhibiting a CAGR of 8.0% over the study period. The surge is on account of the growing product adoption in carrying supplies, assisting in explosive deactivation, and in the defense sector.
Fortune Business Insights™ provides this information in its research report, titled "Unmanned Ground Vehicles Market, 2023-2030".

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/unmanned-ground-vehicles-market-102525

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The report gives an analysis of the vital trends driving the global business scenario over the forecast period. It further provides an insight into the major drivers augmenting the market share over the coming years. In addition, the report gives an overview of the key strategies adopted by leading companies for establishing a strong market footing.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• BAE Systems (U.K.)
• Aselsan A.S. (Turkey)
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• L3 Harris 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.)

𝐑𝐮𝐬𝐬𝐢𝐚-𝐔𝐤𝐫𝐚𝐢𝐧𝐞 𝐖𝐚𝐫 𝐈𝐦𝐩𝐚𝐜𝐭:
𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐫𝐨𝐩𝐞𝐥𝐥𝐞𝐝 𝐛𝐲 𝐒𝐨𝐚𝐫𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐀𝐫𝐦𝐞𝐝 𝐅𝐨𝐫𝐜𝐞𝐬
The Russia-Ukraine war led various countries to strengthen their defense forces. Several countries in Europe enhanced their defense expenditure. The war also recorded an upsurge in the deliveries of next-generation remote control UGVs to Ukraine from NATO countries. These factors are expected to augur well for the market, propelling industry expansion over the forthcoming years.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬:
𝐄𝐎𝐃 𝐔𝐆𝐕𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐍𝐨𝐭𝐚𝐛𝐥𝐞 𝐔𝐩𝐬𝐮𝐫𝐠𝐞 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐑𝐢𝐬𝐢𝐧𝐠 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭

Based on type, the market is categorized into combat UGV, combat support UGV, reconnaissance UGV, ISR UGV, and Explosive Ordnance Disposal (EOD) UGV. The Explosive Ordnance Disposal (EOD) UGV segment is estimated to register a dominating share, exhibiting substantial expansion over the study period. The surge is impelled by the increasing explosive disposal demand across various regions.

𝐓𝐫𝐚𝐜𝐤𝐞𝐝 𝐔𝐆𝐕𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐑𝐞𝐜𝐨𝐫𝐝 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐛𝐥𝐞 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐏𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬

By mobility, the market for unmanned ground vehicles is fragmented into wheeled, legged, tracked, and hybrid. The tracked segment is poised to register appreciable expansion over the study period. The upsurge is credited to the soaring defense expenditure and procurement of next-generation tracked UGVs.

𝐒𝐦𝐚𝐥𝐥 (𝟏𝟎-𝟐𝟎𝟎 𝐥𝐛𝐬) 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐞𝐩𝐢𝐜𝐭 𝐒𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥 𝐒𝐮𝐫𝐠𝐞 𝐃𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐒𝐨𝐚𝐫𝐢𝐧𝐠 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐦𝐚𝐧𝐝

On the basis of size, the market is subdivided into small (10-200 lbs), medium (200 - 500 lbs), large (500 - 1000 lbs), very large (1000- 2000 lbs), and extremely large (>2000 lbs). The small (10-200 lbs) segment is estimated to register considerable expansion over the projected period. The surge is driven by the escalating demand for small and lightweight robots for commercial and military applications.

Based on geography, the market for unmanned ground vehicles is segmented into Europe, Asia Pacific, North America, and the rest of the world.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/unmanned-ground-vehicles-market-102525

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐒𝐨𝐚𝐫𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐚𝐧𝐝 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬

One of the major factors boosting the unmanned ground vehicles market growth is the soaring product demand from the commercial and defense sectors. Autonomous vehicles are deployed in the agriculture sector for irrigation management, mechanical weeding, soil sampling, precision spraying, and crop harvesting.

However, reliability and bandwidth related issues and reduction in the defense budgets of some countries could hamper market growth to a considerable extent.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐀𝐜𝐞 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐞𝐥𝐥𝐞𝐝 𝐛𝐲 𝐑𝐢𝐬𝐢𝐧𝐠 𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠

North America accounted for a dominating share in the market. The region has recorded the highest defense budget, owing to which the North America unmanned ground vehicles market share is expected to exhibit lucrative expansion over the projected period.

The Asia Pacific market is poised to grow at a commendable rate over the study period. The upsurge is due to an escalation in the defense budgets of China and India.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
𝐌𝐚𝐣𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐅𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐞 𝐍𝐞𝐰 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐒𝐭𝐫𝐨𝐧𝐠 𝐅𝐨𝐨𝐭𝐢𝐧𝐠

Eminent market participants are devising new strategies for establishing a strong foothold in the industry. Some of the adopted initiatives comprise merger agreements, collaborations, and the formation of alliances. Besides, companies are also keen to invest in research and development activities for securing a competitive edge in the market.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:

𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟐 - QinetiQ signed a five-year sales agreement with Velodyne Lidar, Inc. for its sensors. QinetiQ selected Velodyne's sensors to provide perception and mapping capabilities across its Unmanned Ground Vehicle (UGV) portfolio. QinetiQ will use Velodyne Lidar's next-generation sensors as part of its open architecture approach to unmanned systems.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/unmanned-ground-vehicles-market-102525

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐁𝐨𝐫𝐝𝐞𝐫 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/border-security-system-market-105208

𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐕𝐞𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/military-vetronics-market-104062

𝐀𝐫𝐦𝐨𝐫𝐞𝐝 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/industry-reports/armored-vehicle-market-101817

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This release was published on openPR.