Unmanned Ground Vehicle Market: A Deep Dive into the Industry's Key Applications and Technologies

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The Global Unmanned Ground Vehicle Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

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. The requirement for perimeter and border protection has raised the demand for civilian applications. In addition, autonomous UGVs are used to detect persons and analyze catastrophe damage during search and rescue operations. The environment can harm humans, such as exposure to hazardous compounds and radioactive radiation during natural disasters. Such dangerous circumstances are effectively dealt with the support of autonomous UGVs, which enable fast location of victims, rapid evaluation of losses, and prompt operations in the affected regions without risking human safety. Increasing advancement in UGVs is a key trend driving the growth of the market. The Department of Science and Technology (DST) has approved a budget of Rs. 135 crore for the establishment of India's first autonomous navigation system testbed (Terrestrial and Aerial).

However, defense budget reductions and challenge regarding bandwidth availability is the factor that is expected to hamper market revenue growth to some extent during the forecast period. Reduced defense budgets by several governments throughout the world and decreased investment in research and development hamper the market growth. Interruptions in the wireless solutions' bandwidth led the controller's reaction time to the real UGV to be delayed. Because of the sluggish reaction time, the bandwidth impacts other networked cars. In addition, the development of UGVs remains difficult and problematic.

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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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