Global Military Unmanned Ground Vehicle Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Military Unmanned Ground Vehicle Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Application (Combat, ISR, and Explosive Disposal), Mobility (Wheeled, and Tracked), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Military Unmanned Ground Vehicle Market was valued at USD 1,581.8 million in 2023 and is expected to reach USD 3,317.4 million by 2031 while growing at a CAGR of 9.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global Military Unmanned Ground Vehicle market growth. A Military Unmanned Ground Vehicle (MUGV) is a robotic vehicle tailored for military use, capable of operating on land without human intervention. As part of the broader unmanned ground vehicles (UGVs) category, MUGVs are equipped with advanced technologies for autonomous or semi-autonomous task execution. Their main role is to enhance military forces' capabilities in diverse operational scenarios.
Advancements in artificial intelligence (AI) and autonomy are boosting the Military Unmanned Ground Vehicle (MUGV) Market by enhancing situational awareness. Yet, the market faces potential obstacles due to high initial costs and the complexity of required technologies such as advanced sensors, AI, and communication systems.
Furthermore, the global Military Unmanned Ground Vehicle industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Application Analysis
The Global Military Unmanned Ground Vehicle Market is segmented among Combat, ISR, and Explosive Disposal, based on Application. In 2023, Explosive Disposal accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Mobility Analysis
The Global Military Unmanned Ground Vehicle Market is segmented among wheeled, and Tracked, based on Mobility. In 2023, Tracked accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Military Unmanned Ground Vehicle Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ABB Ltd., ADB Safegate, Astronics Corporation, ATG Airport Application, Avilite Systems, Avionics Ltd., Carmanah Technologies Corp., Eaton Corporation PLC, Honeywell International Inc., OCEM Energy Application, OSRAM Licht AG, TKH Airport Solutions, and Vosla Gmbh.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Military Unmanned Ground Vehicle Market Dynamics
Drivers
Restraints
Opportunity
4. Global Military Unmanned Ground Vehicle Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Military Unmanned Ground Vehicle Market Segmentation, By Application
Global Military Unmanned Ground Vehicle Market Share Analysis, By Application
Global Military Unmanned Ground Vehicle Market Growth Analysis, By Application
Global Military Unmanned Ground Vehicle Market Trends, By Application
o Combat
o ISR
o Explosive Disposal
6. Global Military Unmanned Ground Vehicle Market Segmentation, By Mobility
Global Military Unmanned Ground Vehicle Market Share Analysis, By Mobility
Global Military Unmanned Ground Vehicle Market Growth Analysis, By Mobility
Global Military Unmanned Ground Vehicle Market Trends, By Mobility
o Wheeled
o Tracked
7. Global Military Unmanned Ground Vehicle Market Segmentation, By Region
Global Military Unmanned Ground Vehicle Market Share Analysis, By Region
Global Military Unmanned Ground Vehicle Market Growth Analysis, By Region
Global Military Unmanned Ground Vehicle Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
General Dynamics Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Rheinmetall AG
NEXTER Group KNDS
Oshkosh Corporation
L3Harris Technologies Inc.
ASELSAN AS
QinetiQ Group plc
Cobham Limited
Milrem AS
Roboteam
*Similar analysis will be provided for each company listed above.