Growing defense expenditure and formulation of government bodies to acquire unmanned aerial vehicles are expected to drive the demand for the global unmanned ground vehicles market in the forecast period, 2023-2027.
According to TechSci Research report, “Unmanned Ground Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global unmanned ground vehicles market is anticipated to witness steady growth in the forecast period, 2023-2027. Unmanned ground vehicles are machines that move along the ground to carry or transport things. They provide a flexible robotic platform along with multipurpose mobility support. It is generally used in situations with a risk to human lives. Unmanned ground vehicles can also be used for various civilian applications such as urban research and rescue operations, nuclear plant operations, crowd control, firefighting, and agriculture harvesting and spraying applications. The major factors driving the demand for global unmanned ground vehicles market across the globe are the rise in the autonomous system in the commercial and defense sector and growing utilization in the areas affected by the chemical, biological, radiological, and nuclear (CBRN) attacks.
However, mobility problems due to complexity associated with uneven terrains, cluttered and dynamic environments, and reduction in defense budgets in developing economies may restrain the global unmanned ground vehicles market growth in the forecast period.
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The global unmanned ground vehicles market is segmented into size, type, application, operation, regional distribution, and competitive landscape.
Based on the size, the market is divided into small, medium, and heavy. Small unmanned ground vehicles are expected to witness the highest growth in the forecast period. Increased adoption for search, rescue and intelligence, surveillance & reconnaissance (ISR) operations, and military operations drive the segment demand. The other applications of small unmanned ground vehicles are firefighting, toxic industrial chemicals, and toxic industrial materials, explosive ordnance disposal operations. They could be equipped with several payloads like chemical, biological, radioactive, and nuclear sensors, motion detectors, manipulator arms, and night-vision cameras.
Based on type, the market is divided into tracked, wheeled, and legged. The tracked segment is expected to capture the highest market share in the forecast period. Tracked vehicles are considered the most powerful unmanned ground vehicles, which is the major reason for their high demand across the globe.
Based on application, the market is bifurcated into teleoperated and autonomous. Autonomous unmanned ground vehicles dominate the market and are expected to witness the fastest incremental growth over the next five years. Autonomous unmanned ground vehicles can be integrated into different types of law enforcement, commercial, and military applications. They operate without a human controller and use sensors to perform daily tasks. Autonomous unmanned ground vehicles assist in safety and enhancing the efficiency of applications which ranges from transportation to warfare applications. A rise in awareness about the benefits of using autonomous unmanned ground vehicles in the defense sector is expected to fuel the market demand over the forecast period.
Based on operation, the market is divided into defense and commercial. Defense operations are expected to hold the largest market share over the forecast period. Changing warfare technologies and the increased demand for advanced robots to carry out critical military operations drive the demand for unmanned ground vehicles in the defense sector. Also, the rise in defense expenditure in the Asia-pacific region, especially from emerging economies like China, India, and Japan, is expected to influence the market demand positively.
Major market players operating in the global unmanned ground vehicles market are:
- Northrop Grumman Corporation
- Clearpath Robotics Inc.
- Armtrac Inc.
- General Dynamics Corporation
- Autonomous Solutions Inc. (ASI)
- DOK-ING Ltd.
- Horiba Mira Ltd.
- GESAR INC.
- ICOR Technology
- Teledyne FLIR LLC
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“North America is expected to hold the largest market share in the forecast period, 2023-2027. The presence of major market players such as Northrop Grumman Corporation and General Dynamics Corporation in the region and the use of advanced technologies and equipment are expected to drive the market demand. The highest defense expenditure in the United States and the development of next-generation unmanned ground vehicles are further expected to influence the market demand. Also, the high-end investments by the market players in research and development activities to develop smart robots to enhance the intelligence, surveillance, reconnaissance, and target acquisition capabilities are expected to propel the global unmanned ground vehicles market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Unmanned Ground Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Size (Small, Medium, Heavy), By Type (Tracked, Wheeled, Legged), By Application (Teleoperated, Autonomous), By Operation (Defense, Commercial), and By Region”, has evaluated the future growth potential of global unmanned ground vehicles market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global unmanned ground vehicles market.
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