Increase in terror threats will drive the development of unmanned ground vehicle technology, says GlobalData

28 November 2019 (Last Updated November 28th, 2019 11:55)

Increase in terror threats will drive the development of unmanned ground vehicle technology, says GlobalData

Unmanned ground vehicles are a crucial instrument in military operations, and are deployed in a number of ways on the battlefield. Unmanned ground vehicles operate in contact with the ground, without the need for a human occupant. The concept of unmanned military vehicles has changed the dynamic of the military industry for the better, reducing the risk to human life in battle situations.

Global unmanned ground vehicle market to grow at a CAGR of 3.58% between 2019 and 2029

In the report The Global Military Unmanned Ground Vehicle Market 2019-2029, GlobalData breaks down key market information pertaining to the unmanned ground vehicle market. Using historical and forecast data, it assesses future demand and opportunities in the sector.

The main driver of the use of unmanned ground vehicles is growth in internal and external security threats, and the accompanying need to enhance safe standoff tactical capabilities. Unmanned ground vehicles have proven invaluable during both peace-keeping operations and the ongoing war against terror. It is also clear that investment in the unmanned ground vehicle market for intelligence, surveillance, and reconnaissance (ISR) missions and combat roles is critical.

Key highlights of this report include:

  •     Five categories in the sector are analyzed: combat, EDD/EOD, ISR, logistics, and mine-clearing and engineering.
  •     The US will dominate the unmanned ground vehicle market with a share of 46.1%, followed by Asia-Pacific and Europe. Combat unmanned ground vehicles are the key sales drivers, accounting for 47.6% of the market.
  •     Explore recent developments and challenges faced by industry participants, and gain insight into upcoming market trends.
  •     Assess regional highlights, exploring the key market segments and drivers of demand.

 

GlobalData’s report determines key areas of investment over the next 10 years. It analyses the competition and enables the design of counter-strategies to gain traction and compete with other market participants. It enables the development of effective marketing and sales plans to maximise profits and channel resources profitably.

 

To find out more about this or other reports, visit the GlobalData Report Store