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Global UGV Market to Grow at a CAGR of 31.34% over the Period 2014-2019, Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Unmanned Ground Vehicle (UGV) Market 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 04/02/2015 -- Report forecast the Global UGV market to grow at a CAGR of 31.34 percent over the period 2014-2019.

UGVs are majorly used in the Defense sector for examining the terrain, supplying ammunition to the soldiers during a combat situation, carrying out rescue operations during disasters, and for detecting explosives. They are used in the areas and situations that are hazardous and dangerous to humans. They have sensors to observe the environment and terrain and provide data and images of the area. They navigate either autonomously or as per the instructions of the human operator. The growing usage of UGVs in the Commercial sector has led to an increase demand for them.

The Global UGV market can be segmented into three divisions: Tele-operated, Autonomous, and Semi-autonomous.

According to the report, the usefulness of UGV in critical situations has boosted their demand for non-defense applications as well. As a result of the growing demand and popularity of UGV in the Commercial sector, manufacturers are enhancing the capabilities and technologies of the vehicles.

Further, the report states that one of the major challenges that UGV face is energy limits, in terms of both supply (power to systems such as radars or communication links) and durability of batteries. Functions of UGV are constrained by low power provided by conventional batteries, which reduce their operational time, thus hindering their operations.

Global UGV Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global UGV market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in the Global UGV Market: Cobham plc, General Dynamics Corp., iRobot Corp., Lockheed Martin Corp., Northrop Grumman Corp. and QinetiQ Group plc

Other Prominent Vendors in the market are: AB Precision (Poole), Applied Geo Technologies, Aselsan, BAE Systems, Dok-Ing, ECA Group, G-NIUS Unmanned Ground Systems, MacroUSA, Nexter Group, O.D.F Optronics Ltd., Oshkosh Defense, Oto Melara, RE2 Inc., ReconRobotics, Roboteam, RUAG Defense and Singapore Technologies Engineering

Key Regions
- Americas

Key Market Driver
- Reduced Risk of Fatalities
- For a full, detailed list, view our report

Key Market Challenge
- Battery Durability
- For a full, detailed list, view our report

Key Market Trend
- Increased Usage of Uncooled LWIR Cameras
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 92 pages "Global Unmanned Ground Vehicle (UGV) Market 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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