Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global tracked unmanned ground vehicle (UGV) market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2024-2034. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the tracked unmanned ground vehicle (UGV) market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global tracked unmanned ground vehicle (UGV) industry.
Market Coverage & Overview
The report is based on studies for 2022-2024 and provides a forecast from 2024 till 2034 with 2024 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global tracked unmanned ground vehicle (UGV) market is expected to reach $3.25 billion by 2034, growing by 9.1% annually over the coming years. In terms of sales volume, the market is expected to grow at a high single-digit over the forecast years.
Segmentation Analysis
Highlighted with 103 tables and 86 figures, this 189-page report represents a 360-degree view on the global market with extensively detailed Propulsion, Component, Vehicle Size, Industry Vertical, and Region/Country as shown below. Annual revenue ($ mn) and sales volume (units) 2024-2034 is included in the report.
By Propulsion
• Diesel-Electric UGV
• Battery-Electric UGV
• Integrated UGV
By Component
• Payloads
• Navigation System
• Control System
• Power System
• Other Components
By Vehicle Size
• Very Large (>1000 lbs)
• Large (500-1000 lbs)
• Medium (200-500 lbs)
• Small (10-200 lbs)
• Micro (<10 lbs)
By Industry Vertical
• Defense and Security
o Transportation
o Intelligence, Surveillance, and Reconnaissance (ISR)
o Explosive Ordnance Disposal (EOD)
o Combat Support
o Fire Fighting
o Other Applications
• Commercial Venues
o Physical Security
o Oil & Gas
o Fire Fighting
o Chemical, Biological, Radiological and Nuclear (CBRN)
o Agriculture
o Autonomous Delivery
o Other Industries
• Other Verticals
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Israel, and Rest of MEA)
The breakdown of the regional market(s) by country and the breakdown of each national market by Propulsion, Vehicle Size, and Industry Vertical over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• BAE Systems
• Clearpath Robotics Inc.
• Dok-Ing
• ECA Group
• Endeavor (Now a part of FLIR system)
• General Dynamics
• Harris Corporation
• Howe and Howe Technologies
• Icor Technology
• Israel Aerospace Industries Ltd.
• John Bean Technologies Corporation
• Lockheed Martin Corporation
• Milrem Robotics
• Northrop Grumman Corporation
• Oshkosh Corporation
• QinetiQ Group
• Reconrobotics
• RedSquared (RE2) Robotics
• Seegrid Corporation
• Thales Groups
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict 30
2.1.4 Impact of Israel-Palestine War 32
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Propulsion 46
3.1 Market Overview by Propulsion 46
3.2 Diesel-Electric UGV 51
3.3 Battery-Electric UGV 52
3.4 Integrated UGV 53
4 Segmentation of Global Market by Component 54
4.1 Market Overview by Component 54
4.2 Payloads 57
4.3 Navigation System 58
4.4 Control System 59
4.5 Power System 60
4.6 Other Components 61
5 Segmentation of Global Market by Vehicle Size 62
5.1 Market Overview by Vehicle Size 62
5.2 Very Large (>1000 lbs) 67
5.3 Large (500-1000 lbs) 68
5.4 Medium (200-500 lbs) 69
5.5 Small (10-200 lbs) 70
5.6 Micro (<10 lbs) 71
6 Segmentation of Global Market by Industry Vertical 72
6.1 Market Overview by Industry Vertical 72
6.2 Defense and Security 77
6.3 Commercial Venues 78
6.4 Other Verticals 79
7 Segmentation of Global Market by Region 80
7.1 Geographic Market Overview 2024-2034 80
7.2 North America Market 2024-2034 by Country 87
7.2.1 Overview of North America Market 87
7.2.2 U.S. 91
7.2.3 Canada 94
7.2.4 Mexico 96
7.3 European Market 2024-2034 by Country 98
7.3.1 Overview of European Market 98
7.3.2 Germany 102
7.3.3 U.K. 104
7.3.4 France 106
7.3.5 Spain 108
7.3.6 Italy 110
7.3.7 Russia 112
7.3.8 Rest of European Market 114
7.4 Asia-Pacific Market 2024-2034 by Country 116
7.4.1 Overview of Asia-Pacific Market 116
7.4.2 Japan 120
7.4.3 China 123
7.4.4 Australia 125
7.4.5 India 127
7.4.6 South Korea 129
7.4.7 Rest of APAC Region 131
7.5 South America Market 2024-2034 by Country 133
7.5.1 Argentina 137
7.5.2 Brazil 139
7.5.3 Chile 141
7.5.4 Rest of South America Market 143
7.6 MEA Market 2024-2034 by Country 144
7.6.1 UAE 148
7.6.2 Saudi Arabia 150
7.6.3 Israel 152
7.6.4 Other National Markets 154
8 Competitive Landscape 155
8.1 Overview of Key Vendors 155
8.2 New Product Launch, Partnership, Investment, and M&A 158
8.3 Company Profiles 159
BAE Systems 159
Clearpath Robotics Inc. 161
Dok-Ing 162
ECA Group 163
Endeavor (Now a part of FLIR system) 164
General Dynamics 165
Harris Corporation 166
Howe and Howe Technologies 167
Icor Technology 168
Israel Aerospace Industries Ltd. 169
John Bean Technologies Corporation 170
Lockheed Martin Corporation 171
Milrem Robotics 172
Northrop Grumman Corporation 173
Oshkosh Corporation 174
QinetiQ Group 175
Reconrobotics 176
RedSquared (RE2) Robotics 177
Seegrid Corporation 178
Thales Group 179
9 Investing in Tracked Unmanned Ground Vehicle Industry: Risk Assessment and Management 180
9.1 Risk Evaluation of Global Market 180
9.2 Critical Success Factors (CSFs) 186
RELATED REPORTS 189
List of Tables:
Table 1. Snapshot of Global Tracked Unmanned Ground Vehicle Market in Balanced Perspective, 2024-2034 20
Table 2. World Economic Outlook, 2025-2036 25
Table 3. World Economic Outlook, 2022-2025 27
Table 4. Scenarios for Economic Impact of Ukraine Crisis 31
Table 5. Scenarios for Economic Impact of Israel-Palestine War 32
Table 6. Main Product Trends and Market Opportunities in Global Tracked Unmanned Ground Vehicle Market 39
Table 7. Global Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 47
Table 8. Global Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, units 49
Table 9. Global Tracked Unmanned Ground Vehicle Market by Propulsion: Diesel-Electric UGV, 2024-2034, $ mn and units 51
Table 10. Global Tracked Unmanned Ground Vehicle Market by Propulsion: Battery-Electric UGV, 2024-2034, $ mn and units 52
Table 11. Global Tracked Unmanned Ground Vehicle Market by Propulsion: Integrated UGV, 2024-2034, $ mn and units 53
Table 12. Global Tracked Unmanned Ground Vehicle Market by Component, 2024-2034, $ mn 55
Table 13. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 63
Table 14. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, units 65
Table 15. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size: Very Large (>1000 lbs), 2024-2034, $ mn and units 67
Table 16. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size: Large (500-1000 lbs), 2024-2034, $ mn and units 68
Table 17. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size: Medium (200-500 lbs), 2024-2034, $ mn and units 69
Table 18. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size: Small (10-200 lbs), 2024-2034, $ mn and units 70
Table 19. Global Tracked Unmanned Ground Vehicle Market by Vehicle Size: Micro (<10 lbs), 2024-2034, $ mn and units 71
Table 20. Global Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 73
Table 21. Global Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, units 75
Table 22. Global Tracked Unmanned Ground Vehicle Market by Industry Vertical: Defense and Security, 2024-2034, $ mn and units 77
Table 23. Global Tracked Unmanned Ground Vehicle Market: Defense and Security by Application, 2024-2034, $ mn 77
Table 24. Global Tracked Unmanned Ground Vehicle Market by Industry Vertical: Commercial Venues, 2024-2034, $ mn and units 78
Table 25. Global Tracked Unmanned Ground Vehicle Market: Commercial Venues by Application, 2024-2034, $ mn 78
Table 26. Global Tracked Unmanned Ground Vehicle Market by Industry Vertical: Other Verticals, 2024-2034, $ mn and units 79
Table 27. Global Tracked Unmanned Ground Vehicle Market by Region, 2024-2034, $ mn 82
Table 28. Global Tracked Unmanned Ground Vehicle Market by Region, 2024-2034, units 84
Table 29. Leading National Tracked Unmanned Ground Vehicle Market, 2024 and 2034, $ mn 86
Table 30. North America Tracked Unmanned Ground Vehicle Market by Country, 2024-2034, $ mn 89
Table 31. U.S. Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 93
Table 32. U.S. Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 93
Table 33. U.S. Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 93
Table 34. Canada Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 95
Table 35. Canada Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 95
Table 36. Canada Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 95
Table 37. Mexico Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 97
Table 38. Mexico Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 97
Table 39. Mexico Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 97
Table 40. Europe Tracked Unmanned Ground Vehicle Market by Country, 2024-2034, $ mn 100
Table 41. Germany Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 103
Table 42. Germany Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 103
Table 43. Germany Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 103
Table 44. U.K. Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 105
Table 45. U.K. Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 105
Table 46. U.K. Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 105
Table 47. France Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 107
Table 48. France Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 107
Table 49. France Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 107
Table 50. Spain Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 109
Table 51. Spain Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 109
Table 52. Spain Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 109
Table 53. Italy Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 111
Table 54. Italy Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 111
Table 55. Italy Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 111
Table 56. Russia Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 113
Table 57. Russia Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 113
Table 58. Russia Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 113
Table 59. Tracked Unmanned Ground Vehicle Market in Rest of Europe by Country, 2024-2034, $ mn 115
Table 60. APAC Tracked Unmanned Ground Vehicle Market by Country, 2024-2034, $ mn 118
Table 61. Japan Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 122
Table 62. Japan Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 122
Table 63. Japan Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 122
Table 64. China Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 124
Table 65. China Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 124
Table 66. China Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 124
Table 67. Australia Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 126
Table 68. Australia Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 126
Table 69. Australia Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 126
Table 70. India Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 128
Table 71. India Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 128
Table 72. India Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 128
Table 73. South Korea Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 130
Table 74. South Korea Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 130
Table 75. South Korea Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 130
Table 76. Tracked Unmanned Ground Vehicle Market in Rest of APAC by Country/Region, 2024-2034, $ mn 132
Table 77. South America Tracked Unmanned Ground Vehicle Market by Country, 2024-2034, $ mn 135
Table 78. Argentina Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 138
Table 79. Argentina Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 138
Table 80. Argentina Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 138
Table 81. Brazil Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 140
Table 82. Brazil Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 140
Table 83. Brazil Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 140
Table 84. Chile Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 142
Table 85. Chile Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 142
Table 86. Chile Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 142
Table 87. MEA Tracked Unmanned Ground Vehicle Market by Country, 2024-2034, $ mn 146
Table 88. UAE Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 149
Table 89. UAE Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 149
Table 90. UAE Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 149
Table 91. Saudi Arabia Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 151
Table 92. Saudi Arabia Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 151
Table 93. Saudi Arabia Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 151
Table 94. Israel Tracked Unmanned Ground Vehicle Market by Propulsion, 2024-2034, $ mn 153
Table 95. Israel Tracked Unmanned Ground Vehicle Market by Vehicle Size, 2024-2034, $ mn 153
Table 96. Israel Tracked Unmanned Ground Vehicle Market by Industry Vertical, 2024-2034, $ mn 153
Table 97. BAE Systems: Company Snapshot 159
Table 98. BAE Systems: Business Segmentation 160
Table 99. BAE Systems: Product Portfolio 160
Table 100. List of Risk Factors and Weight Percentages/Theoretical Maximum 181
Table 101. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 182
Table 102. Risk Evaluation for Investing in Global Market, 2024-2034 183
Table 103. Critical Success Factors and Key Takeaways 187
