UNMANNED GROUND VEHICLE MARKET ANALYSIS

Unmanned Ground Vehicle Market, By Mobility Type (Wheeled, Tracked, Hybrid, and Legged), By Mode of Operation (Tele-Operated, and Autonomous), By Size (Small (10-200 LBS), Medium (200-500 LBS), Large (500-1000 LBS), and Very Large (Above 1000 LBS)), By System (Payloads, Navigation and Control System, Power System, Others), By End User (Defense and Security, Commercial), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Apr 2023
Code : CMI5681
Pages :164
Formats :
Excel and PDF
Industry : Smart Technologies

Unmanned Ground Vehicle MarketSize and Trends

The global unmanned ground vehicle market size was valued at US$ 1,667.8 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 12.77% from 2023 to 2030. Increasing government spending on military modernization programs, the rising usage of UGVs in defense sectors, and the technological advancements in the UGVs are some of the key factors driving this market. The increasing utilization of UGVs in defense & civil sectors, the emergence of advanced technologies in the UGVs, and the need for reduced size, weight, and power (SWaP) in UGVs is also driving growth of this market.

Figure 1. Global Unmanned Ground Vehicle Market, Revenue Share (%), By Region, 2022