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. 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).
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Objectives of the Report:
Industrial structure analysis of the Unmanned Ground Vehicle market by identification of various sub-segmentsExtensive analysis of key market players along with their SWOT analysisCompetitive landscape benchmarkingAnalysis of Unmanned Ground Vehicle market based on growth trends, futuristic outlook, and contribution to the total growth of the marketAnalysis of drivers, constraints, opportunities, challenges, and risks in the global Unmanned Ground Vehicle marketMarket Scope: The report explains the scope of various commercial possibilities in the global Unmanned Ground Vehicle market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
The leading market contenders listed in the report are:
Northrop Grumman Corporation, L3 Harris Technologies Inc., Autonomous Solutions, ICOR Technology, Lockheed Martin Corporation, Cobham PLC, RE2 Inc., QinetiQ, BAE Systems, Nexter System
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Segmentations of the Unmanned Ground Vehicle Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Unmanned Ground Vehicle market on the basis of product, application, and region:
Segments Covered in this report are:
Operation Mode Outlook (Revenue, USD Billion; 2017-2027)
AutonomousRemotely OperatedTetheredMobility Outlook (Revenue, USD Billion; 2017-2027)
WheeledTrackedLeggedHybridSystem Outlook (Revenue, USD Billion; 2017-2027)
PayloadsNavigation SystemController SystemPower SystemOthersBrowse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/unmanned-ground-vehicle-market
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.
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each regionEstimated increase in the consumption rateProposed growth of the market share of each regionGeographical contribution to market revenueExpected growth rate of the regional marketsThe report addresses the following key points:
The report provides a forecast of market drivers, restraints, and future opportunities for the Unmanned Ground Vehicle marketThe report further analyses the changing market dynamicsRegional analysis and segmentation of the Unmanned Ground Vehicle market with analysis of the regions and segments expected to dominate the market growthExtensive competitive landscape mapping with profiles of the key competitorsIn-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companiesRevenue forecast, country scope, application insights, and product insightsTable of Contents
Executive SummaryResearch MethodologyMarket OverviewRegional LandscapeGlobal Market Analysis and Forecast by TypesGlobal Market Analysis and Forecast by ApplicationsGlobal Market Analysis and Forecast by RegionsNorth America Market Analysis and ForecastEurope Market Analysis and ForecastAsia Pacific Market Analysis and ForecastLatin America Market Analysis and ForecastMiddle East & Africa Market Analysis and ForecastCompetitive LandscapeIn conclusion, the Unmanned Ground Vehicle Market report is an exhaustive database that will help readers formulate lucrative strategies. The Unmanned Ground Vehicle Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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