in ,

ReportsnReports: Unmanned Ground Vehicle Market to Hit $8B by 2020

ReportsnReports: Unmanned Ground Vehicle Market to Hit $8B by 2020 - top government contractors - best government contracting event

Military vehicleReportsnReports has projected the global unmanned ground vehicle market to be worth $8.26 billion by 2020, a 32.72 percent increase from the firm’s 2014 figure.

The market research firm's new report analyzes emerging trends and major countries from North America, Europe, Asia-Pacific, the Middle East, Latin America and Africa regions, MarketsnMarkets said Thursday.

ReportsnReports also examines UGV applications in aeronautics and space, transportation, energy, industrial operations, safety surveillance and defense applications.

The product analysis comprises the types of UGVs based on locomotion, energy source, weapons and size.

The report also analyzes market restraints and opportunities for growth between 2014 and 2020, as well as identifies key market players.

ReportsnReports lists Northrop Grumman, Qinetiq Group, Cobham, Lockheed Martin, General Dynamics, BAE Systems and Oshkosh as among the major players in the market.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

Surrey Subsidiary to Research Landsat Sensor Alternatives; Doug Gerull Comments - top government contractors - best government contracting event

Surrey Subsidiary to Research Landsat Sensor Alternatives; Doug Gerull Comments

INSA White Paper Details Industry's Intell Community IT Views; Joseph DeTrani Comments - top government contractors - best government contracting event

INSA White Paper Details Industry’s Intell Community IT Views; Joseph DeTrani Comments