ResearchMoz added Latest Research Report titled " Global Unmanned Ground Vehicle (UGV) Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 12/09/2016 -- This report covers the present scenario and the growth prospects of the global market for Unmanned Ground Vehicle for the period 2015-2019. To calculate the market size, the report considers revenue generated globally in the market from the sale of UGVs.
In this report, the market is segmented based on the following:
- Technology (tele-operated, autonomous, and semi-autonomous)
- End-users (defense industry and commercial sector)
- Geography (the Americas, the EMEA region, and the APAC region)
- The Mobile Robotics Market is the premise for the geographical segmentation of this market based on the assumption that UGVs hold a significant share in the Mobile Robotics market.
The report covers the vendor landscape and a corresponding detailed analysis of the leading companies in the UGV market. The market shares of the leading vendors are calculated based on the revenues earned by these companies during the financial year 2013. In addition, it discusses the major drivers that influence the growth of the UGV market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in this market.
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Prominent Vendors of the UGV Market are as Follows:
- General Dynamics
- Lockheed Martin
- Northrop Grumman
- QinetiQ Group
The other vendors are AB Precision (Poole), Applied Geo Technologies, Aselsan A.S, BAE Systems, Dok-Ing, ECA Group, G-NIUS Unmanned Ground Systems, MacroUSA, Nexter Group, O.D.F Optronics, Oshkosh Defense, Oto Melara, RE2, ReconRobotics, Roboteam, RUAG Defense, Singapore Technologies Engineering.
What is Unmanned Ground Vehicle and its Application?
UGVs are vehicles that operate in contact with the ground with or without human intervention. The main application of UGVs is in the Defense sector. UGVs have sensors to observe the environment and the terrain in order to either navigate autonomously or as per the instructions of a human operator. UGVs are used to examine the ground, to supply ammunition to soldiers during combat, to carry out rescue operations during disasters, and to detect explosives and to detonate them.
The market is expected to grow at a CAGR of around 30 percent during the forecast period. The Americas is a major contributor to the growth of this market followed by the EMEA and APAC.
Market Drivers of UGV Market:
- Reduced Risk of Fatalities
UGVs are a reliable source of information and play a very vital role in critical military operations. They form an integral part of defense forces, protecting soldiers and offering various other advantages, such as spotting the enemy patrolling party, supplying ammunition during combat, etc.
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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?
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