Market Research Report
Unmanned Ground Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||945194|
|Published||Content info||111 Pages
Delivery time: 2-3 business days
|Unmanned Ground Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: June 18, 2020||Content info: 111 Pages||
The global unmanned ground vehicles market is currently witnessing strong growth. An unmanned ground vehicle (UGV) is a land-based machine that functions without the onboard presence of a human operator. It is equipped with sensors to observe the environment and send the information to the operator or make an autonomous decision. It can also move independently to gather data and navigate itself around obstacles. UGVs are primarily used in the military sector for various purposes, such as obstacle deterrence, discovery, identification, warning, confinement and threat destruction, along with the commercial areas, such as agriculture, construction, transportation and mining.
The growing need to combat the rising number of criminal and terrorist activities across the globe is one of the key factors driving the growth of the market. UGVs are used to administer combat-operations and counterinsurgencies to overpower internal and external security threats and territorial disputes and undertake initiatives to modernize the armed forces. Furthermore, factors such as the escalating need to improve operational efficiency and to reduce human intervention in military operations are also providing a significant boost to the market. UGVs are deployed to address biological, radiological, nuclear, chemical and explosive threats, which usually cause a large number of casualties. Apart from this, they are also utilized for on-road collision warning and avoidance, automated guideway and highway transit as well as bus rapid transit systems. Moreover, UGVs also find extensive applications in firefighting and disaster management operations, which are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 12% during 2020-2025.