Monday, 7 August 2017

Unmanned Ground Vehicle (UGV) Market expected to be worth 2.63 Billion USD by 2021

The report "Unmanned Ground Vehicle (UGV) Market by Application (Defense (ISR, EOD, Crew Integration, Physical Security), Commercial (Field, Agriculture, Chemical, Oil & Gas)), Mobility, Size, Component, Modes of Operation, Payload & Region - Global Forecast to 2021", The unmanned ground vehicle (UGV) market is estimated to be valued at USD 1.49 Billion in 2016 and is projected to reach USD 2.63 Billion by 2021, at a CAGR of 12.14% during the forecast period.

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Objectives of the Study:

The objectives of this study are to analyze the unmanned ground vehicle (UGV) market, along with statistics from 2016 to 2021, as well as to define, describe, and forecast the unmanned ground vehicle (UGV) market on the basis of application (commercial and defense), mobility (wheeled and tracked), size (micro UGV, small UGV, medium UGV, large UGV), mode of operation (tethered, tele-operated, semi-autonomous, autonomous), component (hardware, software), and payload (sensors, radar, lasers, camera, motor encoder, and GPS antenna). These segments and subsegments are mapped across major regions, namely, Asia-Pacific, North America, Europe, the Middle East, and Rest of the World.
The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the unmanned ground vehicle (UGV) market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, prospects, and their contribution to the unmanned ground vehicle (UGV) market.

The report also covers competitive developments such as long-term contracts, joint ventures, mergers, new product launches and developments, and research & development activities in the unmanned ground vehicle (UGV) market, in addition to other business and corporate strategies adopted by the key market players.

The major players in this market have been identified to be QinetiQ Group Plc. (U.K.), iRobot (U.S.), Northrop Grumman (U.S.), Oshkosh Corporation (U.S.), and Lockheed Martin (U.S.), among others.

 
The report segments and analyzes the unmanned ground vehicle (UGV) market on the basis of mode of operations (tethered, tele-operated, semi-autonomous, and autonomous), mobility (wheeled and tracked), size (micro, small, medium, and large), payload (sensors, lasers, camera, radars, and others), application (defense and commercial), and component (hardware and software) and maps these segments and subsegments across the major regions of the world, namely, North America, Europe, Asia-Pacific, the Middle East, and Rest of the World (comprising Latin America and Africa). Brief information on the research methodology for the report can be found in the report description provided on website.

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