Global Unmanned Ground Vehicles Market Report and Forecast 2024-2032

Global Unmanned Ground Vehicles Market Outlook

The global unmanned ground vehicles market attained USD 2.98 billion in 2023. It is further projected to grow at a CAGR of 6% between 2024 and 2032.

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Reduction in Risk of Human Life to Boost the Market in the Forecast Period

The usage of unmanned ground vehicles reduces the risk of damage to human life, along with offering impressive vehicle-fighting efficiency. Furthermore, the unmanned ground vehicle industry is being driven by increased demand for civilian applications such as homeland security and commercial purposes. The demand for unmanned ground vehicles is constrained by developed countries' defense budget cuts and vehicle battery life restrictions. However, the demand for autonomous control systems and an increase in operating performance are two lucrative growth opportunities for the UGV market. Home use and rescue operations are among the civilian operations for the UGVs. Cleaning floors, harvesting vegetables, and other household chores are examples of home use. In the event of a disaster, the devices are used in rescue operations. In addition, the need for perimeter and border defense has increased the demand from civilian applications, consequently boosting the market growth of unmanned ground vehicles.

Unmanned Ground Vehicles: Market Segmentation

Unmanned ground vehicles are mechanical machines that travel along the ground's surface with the purpose of carrying or transporting something; they do not carry people. The UGV offers a versatile robotic platform as well as multipurpose mobility support.

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On the basis of mobility, the market is divided into:

• Wheeled
• Tracked
• Legged
• Hybrid

Based on mode of operation, the market is segmented into:

• Tethered
• Tele-operated
• Autonomous
• Others

By application, the market is divided into:

• Military
• Commercial
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Demand of UGVs from the Military Segment to Boost Unmanned Ground Vehicles Industry

Since their emergence in the 1960s, unmanned ground vehicles have undergone a major transformation. Several countries' armed forces are currently using unmanned ground vehicles for a variety of missions. For example, the Russian military unveiled its combat-tested Uran-9 robot tank in Syria in May 2018. In addition, Russia's Military Industry Committee declared in 2015 that by 2025, 30% of Russia's kinetic arms would be deployed on remote-control platforms. Unmanned ground vehicles have previously been used to clear mines and IEDs with great success. In addition, the role of unmanned ground vehicles is evolving to resolve chemical, biological, radiological, nuclear, and explosive (CBRNE) threats. In the coming years, advancements in UGV capabilities and miniaturisation of these vehicles are expected to help the growth of UGVs in the military.

Key Industry Players in the Global Unmanned Ground Vehicles Market

The report gives a detailed analysis of the following key players in the global unmanned ground vehicles market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• FLIR Systems, Inc.
• Oshkosh Defense LLC
• Northrop Grumman Corporation
• BAE Systems
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report