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Author Topic: Military UGV market set to double in next decade  (Read 719 times)

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Offline rangerrebew

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Military UGV market set to double in next decade
« on: April 16, 2024, 12:58:22 pm »
Military UGV market set to double in next decade
The growth of the military UGV market in the coming years can be partly attributed to improved autonomy and the widespread impact that uncrewed systems have had in war in Ukraine and the Nagorno-Karabakh.

Richard Thomas
April 15, 2024
 

The Milrem THeMIS, a Dutch and German ground-based system combining an unmanned ground vehicle (UGV) participates in the 2024 Army Expeditionary Warrior Experiment at McKenna Range, Fort Moore in January 2024. Credit: US Army

The global military uncrewed ground vehicle (UGV) market is projected to glow at a compound annual growth rate of 5.9% over the next decade, from $668m at present to nearly $1.2bn by 2034, according to GlobalData’s latest analysis of the sector.

Combined from 2024-2034, the global UGV market will cumulatively value $9.7bn over the forecast period and will be dominated by the combat UGV segment, which accounts for 33.7% of the market, followed by the intelligence, surveillance and reconnaissance (ISR) UGV segment with a 26.7% share.

Among geographic segments, North America is projected to dominate the sector with a share of 41.6%, followed by Asia-Pacific and Europe with shares of 32.1% and 22.1%, respectively, GlobalData states.

https://www.army-technology.com/news/military-ugv-market-set-to-double-in-next-decade/
« Last Edit: April 16, 2024, 12:59:09 pm by rangerrebew »
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Offline rangerrebew

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Re: Military UGV market set to double in next decade
« Reply #1 on: April 16, 2024, 01:01:02 pm »
To me, this has all the potential of self-driving cars; cool in theory but trouble waiting to happen. :pondering:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address
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