Military Unmanned Ground Vehicles Market 4.76% CAGR Forecast by 2026 July 2016 | Page 2
The Global Military Unmanned Ground Vehicles Market 2016-2026
The Global Military UGV Market 2016-2026 report offers a detailed analysis of the industry, with
market size forecasts covering the next ten years. This report will also analyze factors that influence
demand for military UGVs, key market trends, and challenges faced by industry participants.
Key Findings
The global military UGV market values US$444.8 million in 2016, and is expected to grow at a CAGR
of 4.76%, to value US$707.8 million by 2026
North America is projected to dominate the market with a share of 52.1% over the forecast period,
followed Europe at 24.3%, and Asia Pacific at 15.8%.The Middle Eastern market for UGVs is expected
to account for a share of 6.8%
Over the forecast period, the Explosive Ordnance Disposal segment is expected to account for 51.3%
of the market, while Intelligence, Surveillance and Reconnaissance (ISR) and the Others segments
are expected to account for shares of 40.9% and 7.8% respectively
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