Unmanned Ground Vehicle Market by Application (Commercial, Defense, & Homeland Security), Technology (Tethered, Tele-operated, Semi-autonomous, Fully-autonomous), Payload (Fixed, Role Specific), Type & by Geography - Forecasts & Analysis (2014-2020)

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Dec 22, 2014, 08:08 ET

LONDON, Dec. 22, 2014 /PRNewswire/ -- The report provides a market analysis for the Unmanned Ground Vehicle (UGV) market, which includes a study of UGVs in commercial applications that include aeronautics and space, transportation, energy, industrial operations, safety, & surveillance, along with defense applications that include the CBRNE detection, mine & bomb disposal, IED disposals, ISR operations, tactical activities, & homeland security. The report comprises various UGV types that are based on locomotion, energy sources, weapons, and size over the next six years (2014-2020). The report includes an analysis of the drivers, restraints, challenges that influence the Unmanned Ground Vehicle market, and opportunities for growth during the forecast period. It also discusses the industry, market, technological trends that currently prevail in the market, and technological advancements expected to impact the UGV demand, globally.

The industry value chain analysis and supply chain analysis study is incorporated to determine the role of various stakeholders and key influencers of the UGV market growth. Porter's five forces model aims to understand the implications of the competitors, new entrants, substitute products, along with an influence of suppliers and buyers on the Unmanned Ground Vehicle market. The report also highlights the industry trends and strategic bench marking.

The report provides a brief analysis of the application sectors of the market, emerging trends, and a detailed analysis of major countries from each region. The geography-wise analysis includes an application-level breakdown across regions such as North America, Europe, Asia-Pacific (APAC), the Middle East, Latin America, and Africa. The main market players in these sectors are identified for competitive analysis. The product analysis includes the types of UGVs based on locomotion (wheeled, tracked, legged, articulated, wheeled/tracked), based on energy source (battery, diesel, gasoline, hybrid), weapons (weaponized, non-weaponized), and based on size (mole, micro, small, medium, large). The country-wise breakdown provides an application-level analysis, procurement & integration analysis, along with a technology-level analysis of countries in the Unmanned Ground Vehicle market.

The report provides a competitive landscape with respect to the identification of key players and their market share in this industry. Strategic profiling of key players of the UGV market, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment has been identified. The company profiles include the financial details, developments with respect to the UGV market, and their geographic trends. The MNM views included in the company profile provides a SWOT analysis of these companies. Key players profiled in the report are iRobot, Northrop Grumman, QinetiQ, Cobham, Lockheed Martin, General Dynamics, Oshkosh Corporation, DOK-ING Ltd, and others.

Report forecasts show the market size of the UGV market to be $1.51 billion in 2014 that is expected to register a CAGR of 32.72% to reach $8.26 billion by 2020. The North American market contributes largely in terms of procurement and manufacture, among the analyzed regions. The emerging economies in the Asia-Pacific regions, Latin America, and Africa are expected to be the prospective markets during the forecast period.

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