Stratview Research delivers key insights on the global Unmanned Ground Vehicles Market. According to Stratview Research, the market is segmented by Mobility (Wheeled, Tracked, Hybrid and Legged), by Size (Small, Medium, Large, Very Large and Extremely large), by Mode of Operation (Tethered, Teleoperated and Autonomous), and Rest of the World [Brazil, Argentina, and Others]).

Market Insights

The report suggests that the overall Unmanned Ground Vehicles Market was valued at US$ 2.5 Billion in 2021 and is expected to grow at a CAGR of 5.6% during 2022-2028 to reach US$ 3.7 Billion by 2028. 

Market Segments' Analysis

Mobility Trends

The market is segmented into tracked, wheeled, hybrid and legged. The tracked segment held the largest share in 2021 owing to the high-power output as compared to all other vehicle types. 

Mode of operation Trends

The market is segmented into autonomous, teleoperated and tethered. The autonomous segment is projected to grow with fastest CAGR by 2028 due to capability and potential to be integrated with different military and commercial applications.

Regional Analysis

North America held the highest demand share in 2021 and will continue to lead the market in the foreseeable future.

Key Players

The following are some of the key players in the unmanned ground vehicles market:

• HEXAGON AB
• ISRAEL AEROSPACE INDUSTRIES
• ST ENGINEERING
• ELBIT SYSTEMS
• ECA GROUP
• MISTUBISHI ELECTRIC
• LIG NEX 1
• OSHKOSH CORP.

FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

-          What is the global demand for unmanned ground vehicles market in terms of revenue?

-          Which are the prominent players in the market?

-          At what CAGR is the market projected to grow within the forecast period?

-          What are the driving factors fuelling the growth of the market?

-          Which region accounted for the largest share in the market?

-          How did the Covid19 impacted the market?

-          How long will it take to recover from the Covid impact?

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