Unmanned Ground Vehicle Market Size, Share, Growth Analysis, By Mobility(Wheeled, Tracked, Hybrid, Legged), By Size(Small (10 - 200 lbs), Medium (200 - 500 lbs), Large (500 - 1000 lbs), Very Large (1000 – 2000 lbs)), By Mode of Operation(Tethered, Teleoperated, Autonomous), By System(UAV Payloads, UAV Airframe, UAV Avionics, UAV Software), By Application(Military, Commercial, Law Enforcement, Federal Law Enforcement.), By Point of Sale(Aftermarket, OEM), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20A2165 | Region: Global | Published Date: April, 2024
Pages: 157 |Tables: 176 |Figures: 79

Unmanned Ground Vehicle Market Insights

Global unmanned ground vehicle market size was valued at USD 2.92 billion in 2023 and is poised to grow from USD 3.18 billion in 2024 to USD 5.73 billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031). 

Unmanned ground vehicle functions without the presence of a human on board and are utilised for a variety of purposes that would be inconvenient, dangerous, or impossible for human operators. Unmanned robots, also known as unmanned ground vehicles, are important in military and civilian operations to execute a variety of mission-critical tasks. These vehicles can be used for reconnaissance, search and rescue missions, construction and infrastructure monitoring, border surveillance, cargo transfer, explosive ordnance disposal, and mine clearing. For remote operation and to convey video footage or other sensor data, these require wireless communications capabilities. It is often outfitted with a variety of payloads and sensors, including chemical and explosives sensors, manipulator arms, thermal cameras, and weapons systems. 

Unmanned ground vehicle have seen increased demand in recent years from municipal applications like crowd control, urban search and rescue, nuclear plant operations, firefighting, and agricultural spraying and harvesting. These vehicles are also widely used in the defence industry for equipment transport, manned-unmanned teaming, mobile weapons platforms, and advance reconnaissance. These vehicles can be used for reconnaissance, search and rescue missions, construction and infrastructure monitoring, border surveillance, cargo transfer, explosive ordnance disposal, and mine clearing. 

ADASI, a producer of autonomous systems, introduced two new Unmanned ground vehicle and an Armed Robotic Vehicle in February 2021. (ARV). The company released the SCORPIO-M and SCORPIO-S, which can climb slopes and stairs at 40-45 degrees and connect with an autonomous control centre at a distance of up to 3 kilometres. Furthermore, semi-autonomous robot dogs will join duty at Tyndall Air Force Base (AFB) in Florida in March 2021. 

US Unmanned Ground Vehicle Market is poised to grow at a sustainable CAGR for the next forecast year.

 

Market Snapshot - 2024-2031

Global Market Size

USD 2.92 billion

Largest Segment

Teleoperated

Fastest Growth

Growth Rate

8.8% CAGR

Global Unmanned Ground Vehicle Market, 2024-2031 ($ Bn)
Country Share for North America Region- 2024 (%)

To get more reports on the above market click here to Buy The Report

Unmanned Ground Vehicle Market Segmental Analysis

Global unmanned ground vehicle market is segmented based on mobility, size, mode of operation, system, application, point of sale, and region. Based on mobility, the market is segmented wheeled, tracked, hybrid, and legged. Based on size, the market is segmented into small (10 - 200 lbs), medium (200 - 500 lbs), large (500 - 1000 lbs), very large (1000 – 2000 lbs), and extremely large (>2000 lbs). Based on mode of operation, the market is categorized into tethered, teleoperated, and autonomous. Based on system, the market is segmented into UAV Payloads, UAV Airframe, UAV Avionics, UAV Software, and UAV Propulsion. Based on application, the market is segmented into military, commercial, law enforcement, and federal law enforcement. By point of sale, the market is segmented into Aftermarket, OEM. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and MEA. 

Unmanned Ground Vehicle Market Analysis by Mode of Operation 

The global market is divided into teleoperated, autonomous, and tethered segments according on the operating segment. The autonomous category is anticipated to grow at a significant rate of 8.3% over the course of the projected year. This is explained by their ability to make decisions on their own, including shooting a target, without the need for human assistance. 

Because teleoperated systems are widely used in many different operations, such as search and rescue, surveillance, and other applications, it is anticipated that this sector will hold the greatest market share over the forecast period. The digital video feed, reduced latency, head-aimed remote viewer, improved situational awareness, and other benefits are also benefits of the teleoperated sector. 

Unmanned Ground Vehicle Market Analysis by Application 

The market is divided into three areas based on application: commercial, military, and government & law enforcement. Throughout the projection period, the military segment is anticipated to maintain its dominant market share. Army mobility is increased, and logistics efficiency is improved by the use of unmanned ground vehicles in the military. These trucks assist the military in removing battlefield equipment and casualties from action.  

Over the course of the projection period, the commercial segment is expected to post the greatest CAGR of over 11.1%. This increase can be linked to the expanding use of commercial applications in industries including healthcare, automotive, transportation, and other fields. Artificial Intelligence (AI) and Machine Learning (ML) can also help these robots adapt to their surroundings.  

Unmanned Ground Vehicle Market Analysis by Size 

The global market has been divided into small, medium, big, and very large segments based on market size. In 2022, the small-size segment saw a notable increase in market share, reaching over 23%. The increased usage of UGVs for military tasks such combat operations, search and rescue missions, and intelligence, surveillance, and reconnaissance (ISR) missions is the cause of this expansion.  

Over the course of the forecast period, the large-size segment is anticipated to record the greatest CAGR. This is explained by their capacity to manoeuvre through challenging terrain and move larger objects. Both military and civilian security agencies utilise these ground vehicles to assess, identify, and neutralise explosive ordnance disposal (EOD) threats. 

Unmanned Ground Vehicle Market Analysis by System 

Payloads, navigation and control systems, power systems, and other components make up the system section. The navigation and control category is anticipated to grow at a significant rate of 8.0% over the course of the projection year. The system's straightforward image-based control methods make it easy to use and lessen operator strain. To maintain accuracy in the event of a signal breakdown (caused by obstacles such as tunnels, trees, buildings, and others), the navigation system makes use of a Global Navigation Satellite System (GNSS) receiver in addition to real-time roll, pitch, and heading data. It is anticipated that these factors would accelerate growth. 

Due to advances in control, sensor, and computing-enabled advanced technologies, which have increased vehicle performance, the payloads sector is anticipated to have a significant market share throughout the projection period. 

Unmanned Ground Vehicle Market Analysis by Mobility 

The market is segmented into wheels, tracks, legs, and hybrid based on the mobility segment. With a market size of more than USD 1.29 billion million in 2022, the tracks sector is predicted to become the largest over the projection period due to rising defence spending and the acquisition of next-generation tracked UGVs from several nations. For example, in May 2021, the US Armed Services placed over USD 70 million worth of new orders with FLIR Systems Inc. for their cutting-edge and inventive ground robots.  

The hybrid sector is anticipated to expand at the quickest rate of 10.4% CAGR throughout the course of the projection period because to its versatility in supporting a range of functions, including medical evacuation, target acquisition, observation, logistical support platform, and more. 

Global Unmanned Ground Vehicle Market By Mode of Operation, 2024 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Unmanned Ground Vehicle Market Regional Insights

North America held the largest market share of more than 40% in 2022 and is anticipated to continue to lead the rest of the forecast period. This can be linked to several things, such as the expanding defence budget and rising investments made by many of the region's nations—most notably the United States—in the purchase of next-generation military UGVs. For example, the US Air Force successfully deployed robot dogs, or four-legged unmanned ground vehicles, to patrol the Tyndall Air Base in March 2021.  

During the projection period, the Asia Pacific region is anticipated to see the quickest CAGR of 10.9%. The increased development of UGVs for the military in nations like China, Japan, and India is a primary driver of the rise in the region's strengthening by various countries. 

Global Unmanned Ground Vehicle Market By Region, 2024-2031
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Unmanned Ground Vehicle Market Dynamics

Unmanned Ground Vehicle Market Driver

  • Growing need for autonomous systems for commercial and defence applications drives market expansion, as the broad range of applications for autonomous Unmanned ground vehicle is driving up demand in the defence and commercial sectors. In the agricultural industry, autonomous vehicles are utilised for soil sampling, mechanical weeding, irrigation control, crop harvesting, and precision spraying. Furthermore, these vehicles are commonly used by defence forces for combat support, intelligence, surveillance, and reconnaissance (IS) operations, among other things. As a result, rising defence procurement of sophisticated robotics is propelling market expansion.

Unmanned Ground Vehicle Market Restraint

  • Defense budget cuts, as well as reliability and bandwidth issues, are impeding market growth. Military budget cuts from many nations throughout the world, as well as lower R&D expenditures, are impeding market growth. Interruptions in bandwidth produced delayed reaction time for the controller to tactual unmanned ground vehicle with wireless solutions and even certain cable systems. Because of the sluggish reaction time, the bandwidth impacts other networked cars. Furthermore, these vehicles are incapable of detecting the whereabouts of hostile forces or developing a precise description of the enemy residence. 

Request Free Customization of this report to help us to meet your business objectives.

Unmanned Ground Vehicle Market Competitive Landscape

In order to maintain competitiveness, the global unmanned ground vehicle market participants are heavily active in mergers and acquisitions. Major market players are concentrating on company development through the introduction of upgraded Unmanned ground vehicle and long-term contracts with military forces. Hanwha Defense will update its multi-purpose Unmanned ground vehicle for export sales in March 2021. The vehicles boosted infantry units' fighting capability and viability. XAG will also deploy the R150 Unmanned Ground Vehicle in June 2021. It is designed specifically for agricultural uses and can carry up to 150 kg (330 lbs).

Unmanned Ground Vehicle Market Top Player's Company Profiles

  • General Dynamics Corporation
  • iRobot Corporation
  • Northrop Grumman Corporation
  • QinetiQ Group plc
  • Lockheed Martin Corporation
  • BAE Systems plc
  • Autonomous Solutions Inc.
  • Clearpath Robotics Inc.
  • ECA Group
  • Endeavor Robotics
  • Roboteam Ltd.
  • Nexter Group
  • SuperDroid Robots Inc.
  • Oshkosh Defense LLC
  • Cobham plc
  • Cobalt Robotics Inc.
  • Milrem Robotics
  • Rheinmetall AG
  • FLIR Systems Inc.
  • Knightscope Inc.

Unmanned Ground Vehicle Market Recent Developments

  • In May 2024, Russian forces may have seized first Estonian ground robot in Ukraine. 

  • In April 2024, Ukraine initiated a defense technology accelerator program designed for emerging startups aspiring to offer pioneering solutions tailored for military purposes. 

  • In January 2024, during the inauguration of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition (SimTEX) 2024, EDGE, a prominent global leader in advanced technology, particularly in unmanned and autonomous systems, introduced three groundbreaking remotely piloted vehicles. 

  • In September 2023, Arrobot, a startup based in Hyderabad, has successfully engineered an Unmanned Guided Vehicle (UGV) tailored for deployment by the armed forces. This innovative creation serves a variety of purposes including logistics, surveillance, and reconnaissance, particularly in challenging terrains and environments. Capable of carrying loads of up to 200 kg and towing up to 600 kg, it boasts a comprehensive 30-degree field of view. Arrobot also announced plans to enhance its functionality further by incorporating additional attachments, enabling it to perform a multitude of tasks beyond its primary functions. 

Unmanned Ground Vehicle Key Market Trends

  • In recent years, significant stakeholders have started to focus the development of next-generation vehicles for efficient and dependable operations. The use of slashing technology, such as artificial intelligence in unmanned aerial vehicles, enhances vehicle performance. Intelligent unmanned autonomous systems are developed by humans and are able to carry out operations or administration without the need for advanced technologies.
  • Robotics breakthroughs have enabled the construction of several roof Unmanned ground vehicle to assist various types of disaster roof and communication missions. These vehicles are now utilised in large numbers, with little coordination between them. However, certain applications are predicted to gain from the widespread use of maler or even miniatured UGs with twarming behaviour. Among the probable uses are urban operations, which are thought to be very difficult due to multi-story structures, new engagement situations, and the consideration of civilian-military interactions. 

Unmanned Ground Vehicle Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Unmanned Ground Vehicle Market analysis, in terms of type of mode of operation, autonomous segment dominate the market because of potential to be incorporated into a variety of military, commercial, and law enforcement applications. In terms of application, military segment exhibits fastest growth due as the devices assist military officials in determining dangerous zones for soldiers. Moreover, the growing need for autonomous systems for commercial and defence applications drives market expansion.  

Report Metric Details
Market size value in 2023 USD 2.92 billion
Market size value in 2031 USD 5.73 billion
Growth Rate 8.8%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Mobility
    • Wheeled, Tracked, Hybrid, Legged
  • Size
    • Small (10 - 200 lbs), Medium (200 - 500 lbs), Large (500 - 1000 lbs), Very Large (1000 – 2000 lbs), Extremely Large (>2000 lbs
  • Mode of Operation
    • Tethered, Teleoperated, Autonomous
  • System
    • UAV Payloads, UAV Airframe, UAV Avionics, UAV Software, and UAV Propulsion
  • Application
    • Military, Commercial, Law Enforcement, Federal Law Enforcement.
  • Point of Sale
    • Aftermarket, OEM
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • General Dynamics Corporation
  • iRobot Corporation
  • Northrop Grumman Corporation
  • QinetiQ Group plc
  • Lockheed Martin Corporation
  • BAE Systems plc
  • Autonomous Solutions Inc.
  • Clearpath Robotics Inc.
  • ECA Group
  • Endeavor Robotics
  • Roboteam Ltd.
  • Nexter Group
  • SuperDroid Robots Inc.
  • Oshkosh Defense LLC
  • Cobham plc
  • Cobalt Robotics Inc.
  • Milrem Robotics
  • Rheinmetall AG
  • FLIR Systems Inc.
  • Knightscope Inc.
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Unmanned Ground Vehicle Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Unmanned Ground Vehicle Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Unmanned Ground Vehicle Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Unmanned Ground Vehicle Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Unmanned Ground Vehicle Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Unmanned Ground Vehicle Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global unmanned ground vehicle market size was valued at USD 2.92 billion in 2023 and is poised to grow from USD 3.18 billion in 2024 to USD 5.73 billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031). 

In order to maintain competitiveness, the global unmanned ground vehicle market participants are heavily active in mergers and acquisitions. Major market players are concentrating on company development through the introduction of upgraded Unmanned ground vehicle and long-term contracts with military forces. Hanwha Defense will update its multi-purpose Unmanned ground vehicle for export sales in March 2021. The vehicles boosted infantry units' fighting capability and viability. XAG will also deploy the R150 Unmanned Ground Vehicle in June 2021. It is designed specifically for agricultural uses and can carry up to 150 kg (330 lbs). 'General Dynamics Corporation', 'iRobot Corporation', 'Northrop Grumman Corporation', 'QinetiQ Group plc', 'Lockheed Martin Corporation', 'BAE Systems plc', 'Autonomous Solutions Inc.', 'Clearpath Robotics Inc.', 'ECA Group', 'Endeavor Robotics', 'Roboteam Ltd.', 'Nexter Group', 'SuperDroid Robots Inc.', 'Oshkosh Defense LLC', 'Cobham plc', 'Cobalt Robotics Inc.', 'Milrem Robotics', 'Rheinmetall AG', 'FLIR Systems Inc.', 'Knightscope Inc.'

Growing need for autonomous systems for commercial and defence applications drives market expansion, as the broad range of applications for autonomous Unmanned ground vehicle is driving up demand in the defence and commercial sectors. In the agricultural industry, autonomous vehicles are utilised for soil sampling, mechanical weeding, irrigation control, crop harvesting, and precision spraying. Furthermore, these vehicles are commonly used by defence forces for combat support, intelligence, surveillance, and reconnaissance (IS) operations, among other things. As a result, rising defence procurement of sophisticated robotics is propelling market expansion.

In recent years, significant stakeholders have started to focus the development of next-generation vehicles for efficient and dependable operations. The use of slashing technology, such as artificial intelligence in unmanned aerial vehicles, enhances vehicle performance. Intelligent unmanned autonomous systems are developed by humans and are able to carry out operations or administration without the need for advanced technologies.

North America held the largest market share of more than 40% in 2022 and is anticipated to continue to lead the rest of the forecast period. This can be linked to several things, such as the expanding defence budget and rising investments made by many of the region's nations—most notably the United States—in the purchase of next-generation military UGVs. For example, the US Air Force successfully deployed robot dogs, or four-legged unmanned ground vehicles, to patrol the Tyndall Air Base in March 2021.  

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Report ID: SQMIG20A2165

$5,300
BUY NOW GET FREE SAMPLE