Military Unmanned Ground Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Military Unmanned Ground Vehicle Manufacturers and the market is Segmented by Mobility (Wheeled and Tracked), Application (Combat, ISR, and Explosive Disposal), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The report offers the market size and forecasts by value (USD Million) for all the above segments.

Military Unmanned Ground Vehicle Market Size

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Military Unmanned Ground Vehicle Market Summary
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Study Period 2019 - 2029
Market Size (2024) USD 1.73 Billion
Market Size (2029) USD 2.68 Billion
CAGR (2024 - 2029) 9.07 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Military Unmanned Ground Vehicle Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Military Unmanned Ground Vehicle Market Analysis

The Military Unmanned Ground Vehicle Market size is estimated at USD 1.73 billion in 2024, and is expected to reach USD 2.68 billion by 2029, growing at a CAGR of 9.07% during the forecast period (2024-2029).

As per the Stockholm International Peace Research Institute (SIPRI), global military spending increased by 2.6% to reach USD 2.2 trillion in 2022. A significant portion of this defense expenditure was used for the procurement of unmanned systems to reduce the threat to the lives of human assets. 

There is a growing use of UGVs to carry out counter-insurgency and combat operations. It is primarily to reduce human casualties in such situations. UGVs are also being used in various missions to enhance military situational awareness in urban warfare in conjunction with UAVs. Technological advancements, in terms of payloads and electronics, are expected to augment the rapid growth of the market studied. The market studied is still in the early stages in several developing countries in terms of its mass adoption and usage.

Military Unmanned Ground Vehicle Market Trends

ISR Segment to Experience the Highest Growth During the Forecast Period

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 operation. The success of military missions largely depends on platforms for ISR missions. Defense companies are working closely with government agencies to develop UGVs that are likely to play a vital role in catering to this need. It is done by providing combatants with additional surveillance and reconnaissance support.

Also, the integration of advanced technology with UGVs for better data acquisition and target identification became another major investment area for the companies. In 2022, Milrem Robotics launched THeMIS Observe, an autonomous Intelligence, Surveillance and Reconnaissance (ISR) Unmanned Ground Vehicle (UGV) based on the company's THeMIS UGV. Such developments in UGVs to support ISR missions are propelling the growth of the segment during the forecast period.

Military Unmanned Ground Vehicle Market: Top Five Defense Spenders in the World (USD Billion), 2022

Asia-Pacific to Showcase Remarkable Growth During the Forecast Period

Asia-Pacific is projected to show the highest growth in the military unmanned ground vehicle market during the forecast period. The growth is attributed to the increasing demand for unmanned systems for combat operations and growing expenditure on the defense sector from China, India, South Korea, and Japan. According to the Stockholm International Peace Research Institute (SIPRI), in 2022, China and India were the second and fourth largest defense spenders in the world, with a defense budget of USD 292 billion and USD 81.4 billion, respectively.

Rising cross-border conflicts between India-China and China-Taiwan, political disputes among neighboring countries, and growing terrorism across the region lead to increasing military spending and procurement of advanced defense systems. Indian government started the 'Make in India' initiative to support local defense OEMs to develop and manufacture advanced defense products.

For instance, in August 2022, Edgeforce India, an Indian start-up, unveiled Astro, an unmanned ground vehicle. Autonomous Surveillance and Tracking Rover (Astro) is a wheeled UGV that works in both teleoperated and autonomous modes for performing surveillance operations. Thus, growing expenditure on the procurement of advanced UGVs and the rising use of robotics systems for military applications is driving market growth across the region.

Military Unmanned Ground Vehicle Market: Military Unmanned Ground Vehicles Market : Growth Rate by Region (2023-2028)

Military Unmanned Ground Vehicle Industry Overview

The military unmanned ground vehicle market is 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 L3Harris Technologies, Inc. 

Players across the world are working toward developing new UGVs with advanced control systems and technologies, while militaries across the globe 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 the local market. It will also gain access to technologies these firms developed and deployed across the world, along with their experience and expertise.

Military Unmanned Ground Vehicle Market Leaders

  1. QinetiQ Group plc

  2. Israel Aerospace Industries Ltd

  3. General Dynamics Corporation

  4. Rheinmetall AG

  5. L3Harris Technologies, Inc.

*Disclaimer: Major Players sorted in no particular order

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Military Unmanned Ground Vehicle Market News

  • March 2023: Philadelphia-based Ghost Robotics plans to deliver at least six units of its Vision 60 (V60) quadrupedal unmanned ground vehicles (UGVs) to the Japanese Self-Defense Forces (JSDF) in 2024. Ghost Robotics intends to supply three units of the V60 UGV to the Japan Ground Self-Defense Force (JGSDF) and three units to the Japan Air Self-Defense Force (JASDF).
  • July 2022: Teledyne FLIR Defense received an order worth USD 62.1 million from the United States Armed Services. Nearly all orders for 500 Centaur Unmanned Ground Systems, including additional spares, antennas, and payload mounting kits, were placed by the United States Army, Navy, and other command centers.

Military Unmanned Ground Vehicle Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Combat

      2. 5.1.2 ISR

      3. 5.1.3 Explosive Disposal

    2. 5.2 Mobility

      1. 5.2.1 Wheeled

      2. 5.2.2 Tracked

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 France

        3. 5.3.2.3 Germany

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Latin America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Rest of Latin America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 United Arab Emirates

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 South Africa

        4. 5.3.5.4 Israel

        5. 5.3.5.5 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 General Dynamics Corporation

      2. 6.2.2 Rheinmetall AG

      3. 6.2.3 NEXTER Group KNDS

      4. 6.2.4 Oshkosh Corporation

      5. 6.2.5 L3Harris Technologies Inc.

      6. 6.2.6 ASELSAN AS

      7. 6.2.7 QinetiQ Group plc

      8. 6.2.8 Cobham Limited

      9. 6.2.9 Milrem AS

      10. 6.2.10 Roboteam

      11. 6.2.11 Teledyne FLIR LLC

      12. 6.2.12 Israel Aerospace Industries Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Military Unmanned Ground Vehicle Industry Segmentation

Military unmanned ground vehicles are robotic systems that operate on land without a human operator onboard. These vehicles are used for various military applications, particularly in environments that are hazardous or unpleasant to humans and for tasks that are difficult or pose unacceptable risks. They can be autonomous or remotely operated.

The military unmanned ground vehicle market is segmented by application, mobility, and geography. By application, the market is segmented into combat, intelligence, surveillance, and reconnaissance (ISR), and explosive disposal. By mobility, the market is segmented into wheeled and tracked. The report also covers the market sizes and forecasts for the military unmanned ground vehicles market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

Application
Combat
ISR
Explosive Disposal
Mobility
Wheeled
Tracked
Geography
North America
United States
Canada
Europe
United Kingdom
France
Germany
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle-East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Israel
Rest of Middle-East and Africa
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Military Unmanned Ground Vehicle Market Research FAQs

The Military Unmanned Ground Vehicle Market size is expected to reach USD 1.73 billion in 2024 and grow at a CAGR of 9.07% to reach USD 2.68 billion by 2029.

In 2024, the Military Unmanned Ground Vehicle Market size is expected to reach USD 1.73 billion.

QinetiQ Group plc, Israel Aerospace Industries Ltd, General Dynamics Corporation, Rheinmetall AG and L3Harris Technologies, Inc. are the major companies operating in the Military Unmanned Ground Vehicle Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Military Unmanned Ground Vehicle Market.

In 2023, the Military Unmanned Ground Vehicle Market size was estimated at USD 1.57 billion. The report covers the Military Unmanned Ground Vehicle Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Military Unmanned Ground Vehicle Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Military UGV Industry Report

Statistics for the 2024 Military UGV market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Military UGV analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Military Unmanned Ground Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)