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(Transportation-News.com, March 21, 2017 ) According to Publisher, the Global Unmanned Ground Vehicle market is estimated at $1.95 billion in 2015 and is expected to reach $14.55 billion by 2022 growing at a CAGR of 33.3% from 2015 to 2022. The robust growth of the unmanned ground vehicle (UGV) market is because of the technological advancements and other added advantages from the UGV's. Unmanned Ground Vehicles (UGV's) works in contact with the ground, with or without human involvement. The factors that are influencing the growth of the market are escalating demand from non-defense applications such as homeland security & commercial purposes, optimal performance of the unmanned ground vehicles and reduced risk of human lives. The constraints for the market are low battery life which impacts on the vehicles durability and the strength of frequency modulations which can be altered. UGVs encounter payload problems pooled with limited space, thus distressing the power supply of the batteries which affects their operational range by hindering the supply of onboard accessible energy.
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Commercial segment in Application segment holds the largest share and is expected to grow at highest CAGR during forecast period owing to its usage in logistics, agriculture and more. Europe region is anticipated to show lucrative growth in unmanned ground vehicle market.
Some of the key players in the market include Northrop Grumman Corporation, Cobham PLC, General Dynamics Corporation, Oshkosh Corporation, Aselsan A.S, Dok-Ing Ltd, Nexter Group, G-NIUS Unmanned Ground Systems Ltd, Qinetiq Group PLC, Irobot Corporation, Lockheed Martin Corporation, BAE Systems, PLC, Boston Dynamics and Robotics Engineering Excellence (RE2) Inc.
Applications Covered:
- Military & defense
- Homeland Security
- Commercial
Mobility's Covered:
- Tracked UGV
- Wheeled UGV
- Legged UGV
- Other Mobility's
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Technologies Covered:
- Tethered
- Autonomous
- Semi-autonomous
- Tele-operated
Payloads Covered:
- Cameras
- Sensors
- Radars
- Lasers
- Other Payloads
Sizes Covered:
- Large UGV
- Medium UGV
- Small UGV
- Micro UGV
- Other Sizes
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Company Profiling
12.1 Northrop Grumman Corporation
12.2 Cobham PLC
12.3 General Dynamics Corporation
12.4 Oshkosh Corporation
12.5 Aselsan A.S
12.6 Dok-Ing Ltd
12.7 Nexter Group
12.8 G-NIUS Unmanned Ground Systems Ltd
12.9 Qinetiq Group PLC
12.10 Irobot Corporation
12.11 Lockheed Martin Corporation
12.12 BAE Systems, PLC
12.13 Boston Dynamics
12.14 Robotics Engineering Excellence (RE2) Inc.
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Priya Sisodia
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Source: EmailWire.Com 
Source: EmailWire.com
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