7newswire The global unmanned ground vehicle market is projected to be worth USD 3,951.1 Million by 2027, according to a current analysis by Emergen Research. The unmanned ground vehicle market is observing high demand owing to its surging demand in commercial applications. Unmanned ground vehicles are deployed in several civilian applications comprising firefighting, crowd control, urban search & rescue, nuclear plant operations, and agricultural spraying & harvesting.
The worldwide population is witnessing a rise of about 240,000 individuals per day and is anticipated to reach nearly 9.6 billion by the year 2050. Therefore, sufficient crop production is required to cater to the increasing food demand by the rising population. Unmanned ground vehicles play a vital role in efficiently carrying out agricultural operations and hence increased harvest. For instance, a fertilization-dispersion task may be carried out autonomously by a fueled autonomous tractor, an unmanned ground vehicle, and a similar concept can be applied to plating, as well.
The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the Unmanned Ground Vehicle market proves a boon for companies trying to identify next leg for growth.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Northrop Grumman Corporation, L3 Harris Technologies Inc., Autonomous Solutions, ICOR Technology, Lockheed Martin Corporation, Cobham PLC, RE2 Inc., QinetiQ, BAE Systems, and Nexter System, among others.
Market Dynamics:
The report offers insightful information about the market dynamics of the Unmanned Ground Vehicle market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Unmanned Ground Vehicle market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Unmanned Ground Vehicle market.
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Emergen Research has segmented the global unmanned ground vehicle market on the basis of operation mode, mobility, system, size, application, and region:
Researcher’s visibility engagement approach when evaluating data such as key driving forces, threats, challenges, opportunities empowers product owners to meet their strategic goals through accelerated returns. The intelligent market survey that blends in both new and old study techniques brings to light more information pertaining to various product types, applications, end-use and important industry definition. The research on the Unmanned Ground Vehicle market further validates other prime factors including investment feasibility, production capability, product pricing, production volume, demand and supply, import and export status to help business evangelists make the multi-dimensional marketing strategy more robust. Comprehensive data on the current and future business environment is showcased through self-explanatory infographics, charts, and tables and can be integrated with any business presentation.
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlights of the Unmanned Ground Vehicle Market Report:
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