Unmanned Ground Vehicles Market Size Report, Shares, Growth, Demand Analysis to 2026

The global unmanned ground vehicles market size is projected to reach USD 7,452.2 million by the end of 2026. Applications in the defense sector have caught the eye of several investors from across the world. According to a report published by Fortune Business Insights, titled “Unmanned Ground Vehicles Market Size, Share and Global Trend by Mobility (Wheeled, Tracked, Hybrid, and Legged) By Size (Small, Medium, Large, Very Large, and Extremely Large) By Mode of Operation (Tethered, Tele-operated, and Autonomous), By System (Payload, Controller System, Navigation System, Power System, and Others) By Application (Military, Commercial, Law Enforcement, and Federal Law Enforcement), and Regional Forecast, 2019-2026,” the market was worth USD 2,570.2 million and will exhibit a CAGR of 14.95% during the forecast period, 2019-2026.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

FLIR Systems Received a $152 Million Contract from the US Army Manufacturing of 350 UGVs

The report encompasses several factors that have contributed to the growth of the market in recent years. Owing to the increasing applications of UGVs in diverse industry verticals, governments of several countries across the world are looking to approach UGV manufacturers with custom requirements. In March 2019, FLIR Systems announced that it has bagged a contract from the US Army. The contract was worth USD 152 million and is aimed at the development of 350 unmanned grounded vehicles. FLIR’s latest collaboration with the US Army will not just benefit the company but will have a direct impact on the growth of the market in the coming years.

Information source: https://www.fortunebusinessinsights.com/unmanned-ground-vehicles-market-102525

Share
LEAVE A REPLY
Related Post
COMMENTS
  1. author
    27 Aug 2019
    Tomas Mandy

    Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius

    1. author
      27 Aug 2019
      Britney Millner

      Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius

  2. author
    27 Aug 2019
    Simon Downey

    Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius