According to Fortune Business Insights™, the global unmanned ground vehicles market size was valued at USD 3.07 billion in 2023 and is projected to grow from USD 3.29 billion in 2024 to USD 6.35 billion by 2032, registering a compound annual growth rate (CAGR) of 8.6% during the forecast period. This robust growth is attributed to the increasing adoption of UGVs for defense logistics, explosive ordnance disposal (EOD), and surveillance operations.

The research report, titled “Unmanned Ground Vehicles Market Size, Share and Forecast 2024–2032,” emphasizes how rising geopolitical tensions, rapid advancements in robotics, and a growing focus on autonomous systems are reshaping modern battlefield strategies.

Competitive Landscape

Leading companies are adopting strategies such as defense contracts, R&D investments, and collaborative projects to strengthen their market positions. Some notable industry players include:

• BAE Systems (U.K.)
• Aselsan A.S. (Turkey)
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• Rheinmetall AG (Germany)
• Teledyne FLIR LLC. (U.S.)
• L3 Harris Technologies, Inc. (U.S.)
• Northrop Grumman Corporation (U.S.)
• QinetiQ (U.K.)
• Oshkosh Defense LLC (U.S.)

Source:

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

Key Market Drivers

1. Rising Military and Defense Applications