Military Unmanned Ground Vehicle (UGV) Market Size and Trend Analysis including Segments (Combat UGV, Intelligence, Surveillance and Reconnaissance (ISR) UGV, Logistics UGV, Explosives and Mine Disposal UGV), Key Programs, Competitive Landscape and Forecast, 2022-2032

Military UGV Market Overview

The global military UGV market is valued at $476 million in 2022 and is expected to achieve a CAGR of more than 4% during 2022-2032. Demand for military UGVs is anticipated to be witnessed in the North American and European regions, especially in countries such as the US, Russia, France, Germany, and the UK.

To gain more information on the military UGV market forecast, download a free report sample

The military UGV market research report covers industry analysis, including the key market drivers, trends, emerging technologies, and major challenges faced by industry participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for the military UGV market over the forecast period.

Military UGV Market Drivers

Increasing adoption of UGVs in combat and non-combat operations to propel global demand is a major military UGV market driver. Advancements in modern technology have resulted in the evolution of artificial intelligence, machine learning, and advanced navigation systems that help the development of smart robots capable of undertaking various military operations. The increasing use of UGVs in tactical operations such as explosive ordnance disposal (EOD), ISR, and chemical, biological, radiological, nuclear, and explosive (CBRNE) reconnaissance is driving countries to procure an increasing number of UGVs.

The rise in instances of regional conflicts in Asia, Europe, and the Middle East has also resulted in opportunities for the use of autonomous UGVs in military warfare. Due to the evolution of urban warfare, recent technological advancements have enabled militaries to utilize different-sized UGVs to support a variety of missions. The development of complex algorithms has helped the present generation of UGVs assist military operators to execute the mission parameters in order to maximize the outcome of potential future engagements

Military UGV Market Segments

The key segments in the military UGV market are Combat UGV, Logistics UGV, Explosives and Mine Disposal UGV, and Intelligence, Surveillance, and Reconnaissance (ISR) UGV. Combat UGV will lead the military UGV market in the coming years.

Combat UGV: The market for combat UGVs is primarily driven by the need for a vehicle capable of operating in high-risk environments such as terrain and hilly areas, as well as hiding in proximity during combat to provide direct combat support in low-mobility areas.

Explosives and Mine Disposal UGV: Asia-Pacific countries such as India, South Korea, New Zealand, and Australia are procuring various types of explosives and mine disposal UGVs for their armed forces. India is currently planning to procure the mobile autonomous robotic system (MARS) and a future explosive and mine disposal UGV program from local vendors.

Military UGV Market Analysis by Segments

For more segment insights into the military UGV market, download a free report sample

Military UGV Market Segmentation by Regions

The key regions in the military UGV market are North America, Asia-Pacific, Europe, Middle East, and Latin America. The military UGV market is expected to be led by North America. US armed forces are procuring UGVs in large quantities across all segments of the market. The Multi-Utility Tactical Transport program is the largest program that is anticipated to deliver logistics UGVs to the US Army by 2034.

Military UGV Market Analysis by Regions

For more regional insights into the military UGV market, download a free report sample

Competitive Landscape

Some of the key companies in the military UGV market are General Dynamics, Pratt Miller, Rostec Corp, QinetiQ, Teledyne Technologies, Torus Robotics Pvt. Ltd., Robotic Research, Ghost Robotics, BAE Systems, Safran SA, Hanwha Corp, and L3Harris Technologies Inc.

Military UGV Market Report Overview

Scope 

In particular, the report provides an in-depth analysis of the following –

• Market size and drivers: Detailed analysis during 2022-2032, including the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
• Recent developments and industry challenges: Insights into technological developments and a detailed analysis of the existing military UGV projects being executed and planned worldwide. It also provides procurement trends and the challenges faced by industry participants.
• Regional highlights: Study of the key regional markets, providing a demand analysis of multiple military UGV segments.
• Major programs: Details of the key programs in each segment, which are expected to be executed during 2022-2032.
• Competitive landscape and strategic insights: analysis of the competitive landscape of the global military UGV market. It provides an overview of key players, their strategic initiatives, and financial analysis.

Reasons to Buy

• Determine prospective investment areas based on a detailed trend analysis of the military UGV over the next ten years.
• Gain an in-depth understanding of the underlying factors driving demand for different military UGV segments in the top spending countries across the world and identify the opportunities offered by each of them.
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major countries that are driving the military UGV market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the military UGV market.
• Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top military UGV providers around the world. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available.