Global Unmanned Ground Vehicle Market - Analysis and Forecast (2016-2023) (Focus on Major Locomotion Types, Mode of Operations & Applications)

LONDON, April 12, 2017 /PRNewswire/ -- Global Unmanned Ground Vehicle Market to grow exponentially by 2023

Description
Unmanned ground vehicles are an integral part of automation that includes industrial automation as well automation in defense and security applications. They come in different in shape, and varying payload capacity, providing logistics supports, negotiating tough terrain for surveillance mission in military operations to ferrying materials, and lifting goods and sorting within factory workplace. In commercial markets, both emerging and established businesses are getting heavily dependent on automation to maintain quality and quantity of their products and retain their share in the global market.

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On the other hand, adoption of automation in defense and security application, will help save precious human life and reduce overall risk of the mission. The demand for unmanned ground vehicles is relatively high across North American and European regions while the Asian countries are rapidly incorporating unmanned ground vehicles into their industries and armed forces to maintain their edge both in global market and in geopolitics.

The report titled "Global Unmanned Ground Vehicle Market" provides an in-depth analysis of the key development strategies and market trend dynamics which include drivers, restraints and opportunities prevailing in the unmanned ground vehicle market. Key industry standards have also been considered in the report because of the compliance requirements with industry regulations. Value chain analysis and product mapping analysis has been undertaken for a deeper understanding of the nature of competition prevailing in the market.

The following points reflects the extent of information covered in the existing study.
- The current report identifies the global unmanned ground vehicle market in different segments such as locomotion type, mode of operation, application and geography
- The market size of the sub segments of the above mentioned divisions is also included in the report
- The study includes the market analysis and forecast of global unmanned ground vehicle market from 2016 to 2023 in terms of value and volume. The report also highlights the year-on-year growth of the market
- It also presents a detailed examination of unmanned ground vehicle market along the lines of market drivers, restraints and growth opportunities.
- A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies followed by the key players in the market.
- Global unmanned ground vehicle market analysis and forecast with respect to different types of locomotion types includes wheeled, tracked and others.
- Global unmanned ground vehicle market analysis and forecast with respect to different types of mode of operation includes remotely controlled/semi-autonomous and autonomous UGVs.
- Global automated guided vehicle market analysis and forecast with respect to applications that includes defense and security and commercial applications
- Unmanned ground vehicle market has been analyzed for all geographies including North America, Europe, Asia- Pacific and Rest of world (Latin America, Middle East, and Africa) with further analysis with respect to several major countries
- The key market players are analyzed and profiled in detail in the report. This section covers the business financials, company snapshots, key products & services, major developments, and finally, the individual SWOT analysis.

Executive Summary
With the process of automation gradually becoming an everyday phenomenon, it is finding usage across wide range of industries such as logistics, pharmaceuticals, automotive, among others. Unmanned ground vehicles as part of the industrial automation are widely used in both commercial and defense applications, having activities ranging from picking and placing different materials, explosives handling, surveillance, among others. In a nutshell, the unmanned ground vehicles basically use the dexterity and precision of industrial robots as a complement to human's cognitive ability and enhance productivity across the production facilities.

In terms of growth, unmanned ground vehicle market is growing with leading players introducing latest products into the market. The major factor influencing the development is increase in operational efficiency and flexibility, reduced human intervention, among others. This will led to the growth of the global unmanned ground vehicle market which it is expected to reach $9.06 billion by 2023.

The global unmanned ground vehicle market is segmented based on different locomotion types, modes of operation, applications and demand across different geographies. Unmanned ground vehicles have their utility across both commercial and defense and security applications. In commercial application, it is used in manufacturing, mining, automotive, and agriculture, while in defense applications unmanned ground vehicles are used for complex missions like logistics, bomb handling and for intelligence gathering.

Unmanned ground vehicles based on navigation technologies viz. semi-autonomous and autonomous. In autonomous guidance, various payloads like sensors, cameras and onboard controllers are used for real time decision making and navigation whereas in semi-autonomous guidance various communication protocols such as WI-FI, Bluetooth and satellite links is used to remotely control the unmanned ground vehicle.

The demand for unmanned ground vehicles is gradually increasing across both in the developed and developing economies. The global automated vehicles market is segmented into North America, Europe, Asia-Pacific and Rest of the World (Latin America, Middle East and Africa.)

As of 2016, the North America was the largest market for unmanned ground vehicles followed by the Europe and Asia Pacific. However, the trend is expected to change over the forecast period as the market shifts towards Asian economies, driving towards a major demand for the UGVs in the coming future.

Countries Covered
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