+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Unmanned Ground Vehicles (UGV) - Global Market Trajectory & Analytics

  • ID: 1882090
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Aselsan A.S.
  • Clearpath Robotics, Inc.
  • ECA Group
  • Leonardo DRS
  • Oshkosh Corporation
  • Rheinmetall AG
Global Unmanned Ground Vehicles (UGV) Market to Reach $7.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Unmanned Ground Vehicles (UGV) estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2027, growing at a CAGR of 13.6% over the analysis period 2020-2027. Wheeled, one of the segments analyzed in the report, is projected to record a 14.1% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tracked segment is readjusted to a revised 13% CAGR for the next 7-year period.





The U.S. Market is Estimated at $831 Million, While China is Forecast to Grow at 17.8% CAGR

The Unmanned Ground Vehicles (UGV) market in the U.S. is estimated at US$831 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 17.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.6% and 11.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Hybrid Segment to Record 12.5% CAGR

In the global Hybrid segment, USA, Canada, Japan, China and Europe will drive the 11.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$366.8 Million in the year 2020 will reach a projected size of US$801.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2027, while Latin America will expand at a 13.8% CAGR through the analysis period.

Select Competitors (Total 96 Featured):
  • Aselsan A.S.
  • Autonomous Solutions, Inc.
  • BAE Systems PLC
  • Boston Dynamics
  • Clearpath Robotics, Inc.
  • Cobham PLC
  • Dok-Ing D.O.O.
  • ECA Group
  • Endeavor Robotics
  • General Dynamics Corporation
  • Howe & Howe Technologies, Inc.
  • ICOR Technology
  • L3Harris Technologies, Inc.
  • Leonardo DRS
  • Lockheed Martin Corporation
  • Magforce International
  • Nexter Group
  • Northrop Grumman Corporation
  • Oshkosh Corporation
  • QinetiQ North America, Inc.
  • RE2, Inc.
  • ReconRobotics, Inc.
  • Rheinmetall AG
  • Roboteam
  • SuperDroid Robots Inc.
Frequently Asked Questions about the Global Market for Unmanned Ground Vehicles (UGV)

What is the estimated value of the Global Market for Unmanned Ground Vehicles (UGV)?

The Global Market for Unmanned Ground Vehicles (UGV) was estimated to be valued at $3.1 Billion in 2020.

What is the growth rate of the Global Market for Unmanned Ground Vehicles (UGV)?

The growth rate of the Global Market for Unmanned Ground Vehicles (UGV) is 13.5%, with an estimated value of $7.5 Billion by 2027.

What is the forecasted size of the Global Market for Unmanned Ground Vehicles (UGV)?

The Global Market for Unmanned Ground Vehicles (UGV) is estimated to be worth $7.5 Billion by 2027.

Who are the key companies in the Global Market for Unmanned Ground Vehicles (UGV)?

Key companies in the Global Market for Unmanned Ground Vehicles (UGV) include Aselsan A.S., Autonomous Solutions, Inc., BAE Systems PLC, Boston Dynamics, Clearpath Robotics, Inc., Cobham PLC, Dok, Ing D.O.O. and Endeavor Robotics.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aselsan A.S.
  • Clearpath Robotics, Inc.
  • ECA Group
  • Leonardo DRS
  • Oshkosh Corporation
  • Rheinmetall AG

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 96
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Aselsan A.S.
  • Autonomous Solutions, Inc.
  • BAE Systems PLC
  • Boston Dynamics
  • Clearpath Robotics, Inc.
  • Cobham PLC
  • Dok-Ing D.O.O.
  • ECA Group
  • Endeavor Robotics
  • General Dynamics Corporation
  • Howe & Howe Technologies, Inc.
  • ICOR Technology
  • L3Harris Technologies, Inc.
  • Leonardo DRS
  • Lockheed Martin Corporation
  • Magforce International
  • Nexter Group
  • Northrop Grumman Corporation
  • Oshkosh Corporation
  • QinetiQ North America, Inc.
  • RE2, Inc.
  • ReconRobotics, Inc.
  • Rheinmetall AG
  • Roboteam
  • SuperDroid Robots Inc.
Note: Product cover images may vary from those shown