Description
The
objective of this report is to define, describe, and forecast the market on the
basis of type, application, medical condition, and region. It provides detailed
information regarding the major factors influencing the growth of the market.
This report also tracks and analyzes competitive developments of the key
players in terms of market developments, product portfolios, and financials
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The
global military Unmanned Ground Vehicles (UGV) market will be driven by
internal and external security threats, territorial disputes, and modernization
initiatives undertaken by armed forces across the world. Significant UGV
customers include countries in the North American, European and Asia Pacific
region, and the global UGV market will be dominated by the US throughout the
forecast period. North America's share of the global UGV market is projected to
increase further, driven by a vision to operate a future army with fewer
soldiers and more number of autonomous robots and remote controlled unmanned
ground vehicles
Key Findings
-
The global military UGV market values US$444.8 million in 2016, and is expected
to grow at a CAGR of 4.76%, to value US$707.8 million by 2026
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North America is projected to dominate the market with a share of 52.1% over
the forecast period, followed Europe at 24.3%, and Asia Pacific at 15.8%.The
Middle Eastern market for UGVs is expected to account for a share of 6.8%
-
Over the forecast period, the Explosive Ordnance Disposal segment is expected
to account for 51.3% of the market, while Intelligence, Surveillance and
Reconnaissance (ISR) and the Others segments
are expected to account for shares of 40.9% and 7.8% respectively
Synopsis
The
Global Military UGV Market 2016-2026 report offers a detailed analysis of the
industry, with market size forecasts covering the next ten years. This report
will also analyze factors that influence demand for military UGVs, key market
trends, and challenges faced by industry participants.
In
particular, it provides an in-depth analysis of the following:
-
Market size and drivers: detailed analysis during 2016-2026, including
highlights of the demand drivers and growth stimulators. It also provides a
snapshot of the spending and modernization patterns of different regions around
the world.
-
Recent developments and industry challenges: insights into technological
developments and a detailed analysis of the changing preferences of military
UGV segments around the world. It also provides trends of the changing industry
structure and the challenges faced by industry participants.
-
Regional highlights: study of the key markets in each region, providing an
analysis of the key segments of the market that are expected to be in demand.
-
Major programs: details of the key programs in each segment, which are expected
to be executed during 2016-2026.
-
Competitive landscape and strategic insights: analysis of the competitive
landscape of the global market. It provides an overview of key players,
together with information regarding key alliances, strategic initiatives, and
financial analysis.
Reasons To Buy
-
Determine prospective investment areas based on a detailed trend analysis of
the global military UGV market over the next ten years.
-
Gain in-depth understanding about the underlying factors driving demand for
different UGV segments in the top spending countries across the world and
identify the opportunities offered by each of them.
-
Strengthen your understanding of the market in terms of demand drivers,
industry trends, and the latest technological developments, among others.
-
Identify the major channels that are driving the global military UGV market,
providing a clear picture about future opportunities that can be tapped,
resulting in revenue expansion.
-
Channelize resources by focusing on the ongoing programs that are being
undertaken by the internal ministries of different countries within the
military UGV market.
-
Make correct business decisions based on thorough analysis of the total
competitive landscape of the sector with detailed profiles of the top military
UGV providers around the world which include information about their products,
alliances, recent contract wins and financial analysis wherever available
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This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis
About Us
Radiant
Insights is a market research and consulting company offering syndicated
research studies, customized reports, and consulting services. Our market
research studies are designed to facilitate strategic decision making, on the
basis of extensive and in-depth quantitative information, supported by
extensive analysis and industry insights. Using a patented and robust research
methodology, we publish exhaustive research reports covering a host of
industries such as Technology, Chemicals, Materials, and Energy. Radiant
Insights has a strong base of analysts, consultants and domain experts, with
global experience helping us deliver excellence in all research projects we
undertake
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