Unmanned Ground Vehicles (UGV) Market Size by Product Type (Small UGVs, Medium UGVs, Large UGVs), Mobility (Wheeled, Tracked, Legged, Hybrid), Operation Mode (Tele-operated, Autonomous), Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), End-User (Defense, Agriculture, Mining, Oil & Gas), Distribution Channel (Direct Sales, Distributors, Online Retailers) & Region for 2024-2031
Report ID: 21766|No. of Pages: 202
Unmanned Ground Vehicles (UGV) Market Size by Product Type (Small UGVs, Medium UGVs, Large UGVs), Mobility (Wheeled, Tracked, Legged, Hybrid), Operation Mode (Tele-operated, Autonomous), Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), End-User (Defense, Agriculture, Mining, Oil & Gas), Distribution Channel (Direct Sales, Distributors, Online Retailers) & Region for 2024-2031
Unmanned Ground Vehicles (UGV) Market- 2024-2031
The Unmanned Ground Vehicles (UGV) Market is expanding due to the increasing demand for autonomous systems in military and commercial applications. Technological advancements in artificial intelligence and robotics are driving demand, with organizations increasingly adopting these vehicles for various operations including surveillance, logistics and hazardous environment exploration. This is likely to enable the market size to surpass USD 5.64 Billion valued in 2024 to reach a valuation of around USD 14.88 Billion by 2031.
Additionally, the market is seeing growth from the rising focus on reducing human casualties in high-risk operations, which is driving the need for unmanned solutions. Moreover, increasing awareness about UGVs as efficient and cost-effective alternatives to manned vehicles is contributing to their popularity among both military and commercial users. The rising demand for UGVs is enabling the market to grow at a CAGR of 14.22% from 2024 to 2031.
Unmanned Ground Vehicles (UGV) Market: Definition/Overview
Unmanned Ground Vehicles (UGVs) are robotic systems designed to operate on the ground without an onboard human presence. They are primarily used for tasks that are dull, dirty, or dangerous, enhancing operational efficiency and safety in various sectors.
Their use is focused on reducing human exposure to hazardous environments, particularly in military operations, disaster response and industrial applications. This unmanned option is increasingly popular for tasks ranging from bomb disposal to agricultural automation, driving adoption.
Future scope includes increasing advancements in autonomous navigation and AI integration, driving better performance and versatility. The growing need for unmanned systems in both defense and commercial sectors is contributing to the expanding market potential for UGVs.
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How Is the Increasing Demand for Autonomous Systems in Driving The Growth Of The Unmanned Ground Vehicles UGV Market?
The increasing demand for autonomous systems in military and commercial applications significantly drives the growth of the UGV market by creating a higher need for efficient and safe unmanned solutions. As more organizations seek to enhance operational capabilities while reducing human risk, they increasingly adopt UGV technologies. These versatile and autonomous options offer viable alternatives to manned vehicles in various scenarios, appealing to users looking for effective yet safer approaches. Consequently, this trend supports the expansion of the market overall.
How Does the High Initial Cost of Unmanned Ground Vehicles UGV Systems Challenge the Growth Of The Market?
The high initial cost of UGV systems poses a significant challenge to market growth by limiting accessibility for many potential users, especially smaller organizations or developing nations. Budget constraints in both public and private sectors further exacerbate this issue, as not all entities can afford the investment in advanced UGV technologies. Consequently, some potential users may opt for traditional manned vehicles or less advanced unmanned systems, reducing demand for high-end UGVs. This financial barrier can hinder widespread adoption among various industries, ultimately impacting the overall expansion and potential of the UGV market.
Category-wise Acumens
How Will the Increasing Effectiveness of AI And Machine Learning in Autonomous Navigation Drive the Growth of The Autonomous UGV Segment?
The increasing effectiveness of AI and machine learning in autonomous navigation will drive the growth of the autonomous UGV segment in the UGV Market. Its ability to improve decision-making and operational efficiency, particularly in complex environments, makes it a preferred option for many applications. As more organizations recognize its benefits in offering enhanced performance without constant human intervention, demand for autonomous UGVs will continue to expand, supporting this segment’s growth.
How Will the Growing Preference for Versatile and Adaptable Platforms Drive the Growth of The Medium UGVs Segment?
The growing preference for versatile and adaptable platforms will drive the growth of the medium UGVs segment in the UGV Market. Medium UGVs offer a balance between mobility and payload capacity, suitable for a wide range of applications in both military and commercial sectors. This versatility appeals to both defense forces and civilian organizations, enhancing its adoption. As the demand for flexible and multi-purpose unmanned systems increases, the medium UGVs segment is positioned for significant growth.
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Country/Region-wise Acumens
Will The High Military Expenditure Drive the Dominance of North America In The Unmanned Ground Vehicles UGV Market?
The high military expenditure and advanced technological infrastructure will drive the dominance of North America in the UGV Market. With significant investment in defense and homeland security, the demand for advanced unmanned systems is increasing. Moreover, the region’s robust technological ecosystem supports innovation and adoption of cutting-edge UGV solutions, allowing for better operational outcomes. The presence of leading manufacturers and strong research initiatives further enhances North America’s position as a key player in this market.
Will Rising Adoption of Automation in Various Industries Drive the Rapid Growth of The Asia-Pacific Region in The Unmanned Ground Vehicles UGV Market?
Increasing defense modernization efforts and rising adoption of automation in various industries will drive the rapid growth of the Asia-Pacific region in the UGV market. As more countries in the region focus on enhancing their military capabilities and industrial efficiency, demand for UGV technologies is expected to rise. Improved technological infrastructure facilitates access to advanced unmanned systems, making them more widely available. Additionally, the growing industrial sector in this region further contributes to the increasing need for UGV solutions, supporting market expansion.
Competitive Landscape
The Unmanned Ground Vehicles UGV market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the Unmanned Ground Vehicles UGV market include:
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- BAE Systems plc
- L3Harris Technologies, Inc.
- QinetiQ Group plc
- Oshkosh Defense, LLC
- FLIR Systems, Inc.
- Cobham Limited
- Rheinmetall AG
- Textron Inc.
Latest Developments
- In September 2024, Lockheed Martin Corporation announced a partnership with an AI startup to enhance autonomous navigation capabilities in their UGV platforms, showcasing its commitment to advancing unmanned technologies.
- In March 2023, Northrop Grumman Corporation unveiled a new modular UGV design aimed at improving adaptability across various military applications, enhancing its product portfolio in the UGV market.
- In April 2023, BAE Systems plc received a contract from the US Army for the development of next-generation UGVs with advanced AI-driven decision-making capabilities, reflecting their focus on pushing the boundaries of autonomous ground vehicles.
- In October 2023, L3Harris Technologies, Inc. reported successful field tests of their latest UGV platform designed for hazardous material handling in both military and civilian scenarios, reinforcing its position in the development of specialized unmanned ground systems.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~14.22% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems plc, L3Harris Technologies, Inc., QinetiQ Group plc, Oshkosh Defense, LLC, FLIR Systems, Inc., Cobham Limited, Rheinmetall AG, Textron Inc. |
| Customization | Report customization along with purchase available upon request |
Unmanned Ground Vehicles (UGV) Market, by Category
Product Type:
- Small UGVs
- Medium UGVs
- Large UGVs
Mobility:
- Wheeled
- Tracked
- Legged
- Hybrid
Operation Mode:
- Tele-operated
- Autonomous
Application:
- Military
- Commercial
- Law Enforcement
- Federal Law Enforcement
End-User:
- Defense
- Agriculture
- Mining
- Oil & Gas
Distribution Channel:
- Direct Sales
- Distributors
- Online Retailers
Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET, BY MOBILITY
5.1 Overview
5.2 Hybrid
5.3 Legged
5.4 Tracked
5.5 Wheeled
6 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET, BY APPLICATION
6.1 Overview
6.2 Commercial
6.3 Defense
7 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET, BY MODE OF OPERATION
7.1 Overview
7.2 Teleoperated
7.3 Tethered
7.4 Autonomous
7.4.1 Semi-Autonomous
7.4.2 Fully Autonomous
8 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL UNMANNED GROUND VEHICLES (UGV) MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 iRobot Corp
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Endeavor Robotics
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Cobham PLC
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Nexter Group
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Lockheed Martin Corporation
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Northrop Grumman
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 QinetiQ Group Plc
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Oshkosh Corporation
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 ICOR Technology
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Aselsan A.S.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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