The Unmanned Ground Vehicle (UGV) market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAG

Increased demand for UGVs in civilian applications is one of the key factors for driving market revenue growth

The panoramic view of the Unmanned Ground Vehicle market entails useful insights into the estimated Unmanned Ground Vehicle market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.

The Unmanned Ground Vehicle (UGV) market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 7.1% during the forecast period to the latest analysis by Emergen Research. Increased demand for UGVs in civilian applications is one of the key factors driving market revenue growth. Civilian services include home use and rescue missions. Cleaning floors and harvesting crops are examples of home utilization. Unmanned Ground Vehicles (UGVs) are employed in rescue missions, such as in the event of a disaster.

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Some Key Highlights from the Report

  • The wheeled segment revenue is expected to increase at a steady rate throughout the forecast period, owing to the increase in demand for wheeled mobile robots for activities where the surface is expected to be relatively even and with fewer impediments
  • Autonomous segment accounted for significant revenue share in 2021. The autonomous mode provides self-sufficiency, allowing them to conduct activities and carry out operations without the need for human interaction, and thus it is expected to drive revenue growth of the segment.
  • The small UGVs segment revenue is expected to register a steady growth rate during the forecast period. Small UGVs can be outfitted with a variety of payloads, including night-vision cameras, Chemical, Biological, Radioactive, and Nuclear (CBRN) sensors, motion detectors, manipulator arms, and grippers.

Some major companies in the market report include Northrop Grumman Corporation, Lockheed Martin Corporation, BAE Systems plc, QinetiQ Ltd., RE2 Robotics Inc., Cobham PLC., Nexter System, ASI Mining LLC., Autonomous Solutions, Inc., and L3 Harris Technologies Inc.

Market Taxonomy:

Chapter 1: Methodology & Scope

  • Definition and forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2:

Executive Summary

  • Business trends
  • Regional trends
  • Product trends
  • End-use trends

Chapter 3:

Industry Insights

  • Industry segmentation
  • Industry landscape
  • Vendor matrix
  • Technological and innovation landscape

Chapter 4:

Company Profile

  • Business Overview
  • Financial Data
  • Product Landscape

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Emergen Research has segmented the unmanned ground vehicle market on the basis of mobility, operation mode, system, size, application, and region:

  • Mobility Outlook (Revenue, USD Billion; 2019–2030)
    • Wheeled
    • Tracked
    • Legged
    • Hybrid
  • Operation Mode Outlook (Revenue, USD Billion; 2019–2030)
    • Autonomous
    • Tethered
    • Remotely-Operated
  • System Outlook (Revenue, USD Billion; 2019–2030)
    • Payloads
    • Navigation System
    • Controller System
    • Power System Others
  • Application Outlook (Revenue, USD Billion; 2019–2030)
    • Military
    • Commercial
    • Law Enforcement

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Geographical Segmentation:

The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Unmanned Ground Vehicle Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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