5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Military Unmanned Ground Vehicle Market is segmented by Mobility (Wheeled, Tracked), Application (Combat, ISR, Explosive Disposal), and Geography.
Fastest Growing Market:
Middle East and Africa
The unmanned ground vehicle market is anticipated to record a CAGR of above 12% during the forecast period.
The market study of military UGVs is confined to the use of UGVs in the military sector only. The market is segmented based on application into combat, intelligence, surveillance, and reconnaissance, and explosive disposal. The explosive disposal segment includes mine clearance and bomb disposal applications of UGVS.
Report scope can be customized per your requirements. Click here.
The Intelligence, Surveillance, and Reconnaissance (ISR) segment of the market studied is expected to record the highest CAGR during the forecast period. Intelligence, Surveillance, and Reconnaissance form a vital part of every military complex operations. The success of military missions largely depends on platforms for ISR missions, and to cater to this need, defense companies are working closely with government agencies to develop UGVs that are likely to play a vital role by providing combatants with additional surveillance and reconnaissance support. Also, the integration of advanced in technology with UGVs for better data acquisition and target identification has become another major investment area for the companies. In 2018, Israel Aerospace Industries (IAI) developed a hybrid ground and air robotic system for border patrol, reconnaissance, and surveillance defense system, which combines land and aerial capabilities. The new system supports a variety of complex missions, including intelligence, reconnaissance, and surveillance, ambushes, target detection, and remote threat neutralization. Such developments in UGVs to support ISR missions are propelling the growth of the segment during the forecast period.
To understand key trends, Download Sample Report
The Middle-East and African region is anticipated to experience the highest growth rate during the forecast period. The Middle East & African countries are investing in modern defense, security, and infrastructure technologies. This has also led to various robotics companies to seize the opportunity for unmanned ground vehicles. Various companies in Israel, Qatar, Iran, Saudi Arabia, and the United Arab Emirates, among others, are partnering with the major ground vehicle manufacturers to develop autonomous UGVs that will provide explosive devices' removal assistance, help in reconnaissance missions and ammunition transportation, and carry weapons to support combat missions. For instance, in early 2017, International Golden Group (IGG), an Abu Dhabi-based company, signed a co-operation deal with Milrem Robotics for developing and arming unmanned ground vehicles (UGV). The increasing investments by the governments and companies of the region are acting as a major factor for the region’s growth during the forecast period.
To understand geography trends, Download Sample Report.
The military unmanned ground vehicle market is highly fragmented with many companies taking a minor share of the market. The key players in the market are QinetiQ Group PLC, Israel Aerospace Industries Ltd, General Dynamics Corporation, Rheinmetall AG, and Harris Corporation. Players across the world are working toward developing new UGVs with advanced control systems and technologies, while militaries world over are getting their hands on the latest technology in autonomous armored vehicle systems. Major companies are also concentrating on research on UGVs, and soon these big firms will partner with smaller firms or acquire them to gain access to local market and also gain access to technologies these firms have developed and deployed across the world along with their experience and expertise.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Buyers/Consumers
4.3.2 Bargaining Power of Suppliers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.2.3 Explosive Disposal
5.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.3.4 Latin America
22.214.171.124 Rest of Latin America
5.3.5 Middle-East and Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Saudi Arabia
184.108.40.206 South Africa
220.127.116.11 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Company Profiles
6.2.1 General Dynamics Corporation
6.2.2 Rheinmetall AG
6.2.3 NEXTER Group KNDS
6.2.4 Oshkosh Corp
6.2.5 Harris Corporation
6.2.6 ASELSAN AS
6.2.7 QinetiQ Group PLC
6.2.8 Cobham Limited
6.2.9 Milrem AS
6.2.11 Endeavour Robotics (FLIR Systems)
6.2.12 Israel Aerospace Industries Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability