Unmanned Ground Vehicles (UGVs) Market Size, Share, Outlook, And Global Opportun
Posted by Nita on January 17th, 2022
Global Unmanned Ground Vehicles (UGVs) Market is projected to be valued at USD 8,040 Million by 2026, registering a CAGR of 14.79% during the forecast period, 2020–2026.
Factors such as increasing demand for autonomous systems in defense and commercial sectors and the advancements in UGVs systems are expected to drive the growth of the market. Additionally, increasing product launches by companies such as BAE Systems is also expected to drive the growth of the market. For example, in 2017, BAE Systems launched a single and double-tracked UGV named Ironclad that assists in performing combat, reconnaissance, and casualty evacuation roles. Moreover, the growing adoption of UGVs for commercial applications such as physical security, oil & industry, and agriculture industry is also expected to drive the growth of the segment.
However, issues related to the absence of advanced visual capabilities and the need for continuous and uninterrupted power supply in UGVs might hamper the growth of this Unmanned Ground Vehicles (UGVs) Market.
Other Prominent Players
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/unmanned-ground-vehicles-market-10120
About the AuthorNita
Joined: November 14th, 2019
Articles Posted: 620
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