Unmanned Ground Vehicle Market

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MarketsandMarkets Presents
Unmanned Ground Vehicle Market (Technology,
Application, Type) worth 8.26 Billion by 2020

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manned-ground-vehicles-market-72041795.html
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According to the new market research report
"Unmanned Ground Vehicle Market by Application
(Commercial, Defense, Homeland Security),
Technology (Tethered, Tele-operated,
Semi-autonomous, Fully-autonomous), Payload
(Fixed, Role Specific), Type (Locomotion, Size,
Weapons, Energy Source) by Geography (North
America, Europe, Asia-Pacific, the Middle East,
Latin America, Africa) - Forecasts Analysis
(20142020)", the unmanned ground vehicle market
is estimated to be 1.51 billion in 2014 and is
anticipated to reach 8.26 billion by 2020 at a
CAGR of 32.72, which includes an in-depth
analysis of application and geography.
http//www.marketsandmarkets.com/Market-Reports/
unmanned-ground-vehicles-market-72041795.html Bro
wse 115 Market Data Tables 69 Figures 185
Pages Early buyers will receive 10 customization
on this report.
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manned-ground-vehicles-market-72041795.html
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The major challenges include incorporating new
technology before it matures and verifying the
operational safety of the UGV. Survivability and
adaptability to extreme environmental conditions
is expected to restrain the market. North
America holds a share of almost 50 of the global
UGV market. Asia-Pacific is expected to indicate
stringent growth with increasing investments in
defense and commercial applications in emerging
countries such as China and India. Technological
advancements in UGVs, its success in combat
performances, and the rising demand for
non-defense applications is expected to drive the
unmanned ground vehicle  market in future. A
reduction in risks to human life through UGV
applications in hazardous and periculous
circumstances is expected to trigger the UGV
market, globally. Limited battery endurance to
accomplish longer mission hours and defense
budget cuts in the established North American and
European regions restrict the UGV market growth.
The increasing demand for autonomy and better
operational efficiency will seek opportunities
for the UGV growth.
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The market is segmented based on categories-by
type, by technology, by payloads, by application,
by region, and by country. The competitive
analysis includes the market share of companies
in the unmanned ground vehicle market. The report
includes an analysis of the impact of drivers and
restraints country-wise and region-wise to
provide a better insight of the UGV market.
Technology and industry trends are also
highlighted, which will provide competitive
market intelligence to utilize the business
opportunities. iRobot, Northrop Grumman, and
Qinetiq are the key players for the UGVs globally
and account for more than 50 of the total market
share. Companies such as Lockheed Martin, Cobham
(U.S.), ST engineering (Singapore), G-Nius
(Russia), and DOK-ING (U.K) are other prominent
players in the Unmanned Ground Vehicle  market
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