TMCnet News

Global Unmanned Ground Vehicles (UGV) Market to 2025: Market is Projected to Grow by US$4.3 Billion
[November 04, 2019]

Global Unmanned Ground Vehicles (UGV) Market to 2025: Market is Projected to Grow by US$4.3 Billion


DUBLIN, Nov. 4, 2019 /PRNewswire/ -- The "Unmanned Ground Vehicles (UGV) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The Unmanned Ground Vehicles (UGV) market worldwide is projected to grow by US$4.3 Billion, driven by a compounded growth of 14.7%

Wheeled, one of the segments analyzed and sized in this study, displays the potential to grow at over 15.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.1 Billion by the year 2025, Wheeled will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 13% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$167.8 Million to the region's size and clout in the next 5 to 6 years. Over US$139.9 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Wheeled will reach a market size of US$85 Million by the close of the analysis period.




As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 18.8% over the next couple of years and add approximately US$1.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.


Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered:
 
1. Market Overview

2. Focus On Select Players

3. Market Trends & Drivers

4. Global Market Perspective

Competitors identified in this market include:

  • 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.

For more information about this report visit https://www.researchandmarkets.com/r/f84icm

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/global-unmanned-ground-vehicles-ugv-market-to-2025-market-is-projected-to-grow-by-us4-3-billion-300950753.html

SOURCE Research and Markets


[ Back To TMCnet.com's Homepage ]