|Study Period:||2018 - 2026|
|Fastest Growing Market:||North America|
|Largest Market:||North America|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The unmanned ground vehicle (UGV) market is estimated to register a CAGR of over 12.8% during the forecast period (2021 - 2026).
Though the global military spending increased by 2.6% to reach USD 1981 billion in 2020, according to the Stockholm International Peace Research Institute (SIPRI), the ongoing global economic slowdown is anticipated to result in a subsequent decline in defense spending on a short-term basis during the forecast period, which may ultimately impact the flow of investments in the emerging UGV industry.
There is a growing use of UGVs to carry out counter-insurgency and combat operations. This 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. The demand for UGVs is also increasing for civil and commercial applications, such as in the oil and gas sector, airports, law enforcement, firefighting, and agriculture, among others.
Several countries are significantly spending on the R&D of unmanned ground systems to overcome the challenges associated with manned systems. Standardization, reliability of the systems, and the requirement for reduced size, weight, and power (SWaP) are some of the prominent challenges for the manufacturers of UGVs.
Scope of the Report
Unmanned ground vehicles or UGVs are robotic systems that operate on land without a human operator onboard. They are used for a wide variety of civilian and 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 unmanned ground vehicle (UGV) market is segmented by mobility into wheeled, tracked, and legged. It has also been segmented by application into military and civil and commercial. The report also offers the market sizes and forecasts for the UGV market across the major regions in the world. For each segment, the market sizes and forecasts are represented by value (USD billion).
|Civil and Commercial|
Key Market Trends
The Military Segment Held the Largest Market Share in 2020
In recent times, several countries have begun to invest heavily in autonomous military systems. Though the focus had been largely on unmanned aerial vehicles, the investments in the development of UGVs have also grown in recent times. In February 2021, the Russian military announced that it had completed the development of a functioning prototype of the latest Udar Unmanned Combat Ground Vehicle, which can operate on different terrains. The Udar robotic vehicle is a multi-purpose robotic platform that can be customized with an array of weapons and equipment based on its tactical objective. Russia’s Military Industry Committee aims to deploy 30% of Russia’s kinetic weapons on remote-control platforms by 2025. The growing advantages of the UGVs are propelling the armed forces of several countries to procure and deploy them for various missions. In May 2021, Rheinmetall announced that it had received an order for four more MISSION MASTER UGVs equipped with a fire support module under the second phase (Spiral 2) of the Robotic Platoon Vehicle (RPV) program of the United Kingdom. UGVs have been successfully deployed for missions related to clearing mines and IEDs. Also, the role of UGVs is shifting toward addressing chemical, biological, radiological, nuclear, and explosive (CBRNE) threats. Advancements in UGV capabilities and miniaturization of these vehicles are expected to support the growth of UGVs in the military segment in the coming years. At the current state of development, the UGVs are primarily acting as complementary entities to manned systems. However, UGVs are expected to perform mainstream roles in future military warfare, primarily due to the growing reliability and effectiveness of these vehicles, which is expected to drive the growth of the segment in the future.
To understand key trends, Download Sample Report
North America is Expected to Dominate the Market During the Forecast Period
North America held the largest market share in 2020, and the region is also expected to exhibit the highest growth rate during the forecast period. The United States is currently the largest market for UGVs in the world. The US military is actively procuring a large number of UGVs for its forces. In May 2021, FLIR Systems Inc. announced that it had received more than USD 70 million in new orders for its Centaur robots from the US Armed Services. The US Army, Navy, Air Force, and Marine Corps placed orders for nearly 600 FLIR Centaur robots, including additional spares, antennas, and payload mounting kits. UGVs are being developed for several end users in the country. In March 2021, the US Air Force successfully integrated quad-legged unmanned ground vehicles, known popularly as robot dogs, for patrolling at the Tyndall Air Base. Such technologies are expected to be adopted in civilian airports to secure facilities and protect travelers in the future. Unmanned ground vehicles are also deployed to transport suspicious packages from the airport cargo and checked baggage area to a designated disposal area away from flight operations and the passenger terminal at Kelowna International Airport in British Columbia, Canada. Canadian Armed Forces are also procuring new-generation UGVs. In September 2019, ECA GROUP announced that it had received a contract to supply the Canadian Department of National Defense and the Canadian Armed Forces with nine CAMELEON LG unmanned ground vehicles (UGVs) and four as an option. Such developments are expected to bolster the prospects of the market in North America during the forecast period.
To understand geography trends, Download Sample Report
The market is highly fragmented, with several regional and global players accounting for fragments of market shares. Some of the prominent players in the market are Teledyne FLIR LLC, General Dynamics Corporation, Rheinmetall AG, QinetiQ, and Milrem AS. Most of the UGV procurements and developments involve local players in developing countries. To gain technological expertise, some smaller local companies are also entering partnerships with global players. In a relatively new market like the UGV market, the number of start-ups and smaller companies with unique technological capabilities is high. In this regard, mergers and acquisitions are also expected to help players develop their capabilities. In 2019, FLIR completed the acquisition of Endeavor Robotics for USD 385 million. Later, in May 2021, Teledyne Technologies announced the successful completion of the acquisition of FLIR Systems. Such acquisitions will help the companies develop their product portfolios and improve their shares in the market. In addition to this, product innovation will also play a vital role in the success of the players, as the capabilities and applications of UGVs are constantly increasing.
In January 2021, FLIR Systems announced that it had won an additional USD 30.1 million contract from the US Army for sustainment efforts connected to the service’s Man Transportable Robotic System Increment II (MTRS Inc. II) and Common Robotic System-Heavy (CRS-H) unmanned ground vehicle (UGV) programs.
In August 2020, Australia announced a significant investment of AUD 12.2 million (USD 8.7 million) in industry contracts for autonomous vehicles and emerging technologies. The money will go on experimentation, prototyping, and exploration of UGVs for the Australian Army.
In March 2020, HORIBA MIRA announced that it had secured a major GBP 2.3 million (USD 3.25 million) contract to supply VIKING autonomous unmanned ground vehicles (UGV) to the UK Defence Science and Technology Laboratory (Dstl).
Table of Contents
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD billion)
5.1.2 Civil and Commercial
5.3.1 North America
18.104.22.168 United States
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
188.8.131.52 South Korea
184.108.40.206 Rest of Asia-Pacific
5.3.4 Latin America
220.127.116.11 Rest of Latin America
5.3.5 Middle-East and Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Teledyne FLIR LLC
6.2.2 General Dynamics Corporation
6.2.3 Rheinmetall AG
6.2.4 Oshkosh Corp.
6.2.5 ECA GROUP
6.2.6 Aunav (everis Aeroespacial y Defensa SLU)
6.2.7 HORIBA MIRA Ltd
6.2.8 ASELSAN AS
6.2.10 Telerob Gesellschaft für Fernhantierungstechnik mbH
6.2.11 Milrem AS
6.2.13 Israel Aerospace Industries Ltd
6.2.14 Textron Systems
6.2.15 Leonardo SpA
6.2.16 Peraton Remotec
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The Unmanned Ground Vehicle Market market is studied from 2018 - 2026.
What is the growth rate of Unmanned Ground Vehicle Market?
The Unmanned Ground Vehicle Market is growing at a CAGR of >12.8% over the next 5 years.
Which region has highest growth rate in Unmanned Ground Vehicle Market?
North America is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Unmanned Ground Vehicle Market?
North America holds highest share in 2020.
Who are the key players in Unmanned Ground Vehicle Market?
Teledyne FLIR LLC, General Dynamics Corporation, QinetiQ, Rheinmetall AG, Milrem AS are the major companies operating in Unmanned Ground Vehicle Market.