Unmanned Ground Vehicles Market Latest Trends and Business Scenario 2030

September 30 15:34 2021
Unmanned Ground Vehicles Market Latest Trends and Business Scenario 2030
Geographically, North America was the largest contributor to the unmanned ground vehicles market (UGVs) in 2020.

A number of factors such as the surging use of robotics in areas affected by biological, radiological, chemical, and nuclear attacks and the burgeoning demand for autonomous systems in the commercial and defense sectors will facilitate the unmanned ground vehicles market growth during the forecast period (2021–2030). Moreover, the increasing government investments being made in the development of UGVs will also accelerate the market growth in the coming years. According to P&S Intelligence, the market generated a revenue of ~$3 billion in 2020.

One of the key growth drivers for the market is the booming demand for UGVs from the defense sector. The surging investments being made by governments in upgrading their defense fleets and the mounting military expenditure of several countries will fuel the adoption of UGVs in the defense industry. These vehicles are used for transportation, combat support, and search and rescue operations. For example, in March 2020, HORIBA MIRA secured a $3.25 million (GBP 2.3 million) contract to provide VIKING autonomous UGVs to the U.K. Defence Science and Technology Laboratory (Dstl).

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Currently, rapid advancements in autonomous UGV technology have become a major trend in the unmanned ground vehicles market. Autonomous UGVs are usually deployed in areas with harsh weather conditions, rugged terrain, and places that are inaccessible to humans. In these tough situations, the usage of such robots decreases the possibility of harm to security personnel. Nowadays, UGVs are being integrated with machine learning (ML) and artificial intelligence (AI) technologies so that they can easily adapt to their surroundings without requiring human assistance.

Nowadays, companies operating in the unmanned ground vehicles market are engaging in collaborations and partnerships to develop better UGVs. For instance, in June 2020, Lockheed Martin awarded a contract to BAE Systems to offer key autonomy and artificial intelligence (AI) capabilities to improve the effectiveness of tactical robotic land and air vehicles. With the provision of these capabilities, the former aims at forming a true partnership between ground warfighters and machines at the small-unit level.

Categories under the mode of operation segment of the unmanned ground vehicles market are tethered, autonomous, and teleoperated. Among these, the autonomous category is expected to demonstrate the fastest growth during the forecast period. The autonomous UGVs carry out operations and tasks without requiring any manual interference. Additionally, automated target detection, data compression, autonomous path following and obstacle avoidance, and safe communication and control capabilities of autonomous UGVs assist militaries in reconnaissance, surveillance, and target acquisition (RSTA) missions.

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Globally, North America will account for the largest share in the unmanned ground vehicles market during the forecast period, with the U.S. contributing the highest revenue to the regional market. The presence of the world’s leading manufacturers, users, and exporters of unmanned military systems in the U.S. contribute to the growth of the market in the region. Both North American countries are awarding major contracts to the leading unmanned ground vehicle manufacturers for procuring combat-capable UGVs. For instance, the U.S. has deployed numerous unmanned systems along the Mexico border to ensure that civilians don’t get hurt in gang-related disputes and violence.

Thus, the surging use of UGVs in the defense sector and rising advancements in autonomous UGV technology will support the market growth in the coming years.

Market Size Breakdown by Segments

By Mobility

  • Wheeled
  • Legged
  • Tracked
  • Hybrid

By Mode of Operation

  • Autonomous
  • Tele operated
  • Tethered

By Application

  • Commercial
  • Military
  • Law Enforcement
  • Federal Law of Enforcement

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific (APAC)
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America (LATAM)
    • Brazil
    • Mexico
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • South Africa

Market Segment Analysis of Countries

  • Further breakdown of 16 listed countries will be provided as per below segmentation:
    • By mobility
    • By mode of operation
    • By application

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