Sweden Unmanned Ground Vehicle Market by Mode of Operation (Teleoperated and Autonomous), by Mode of Locomotion (Tracked, Wheeled, Legged, and Hybrid), by Size (Small, Medium, and Heavy), and by End-User Industry (Military & Defense, Agriculture, Mining, Law Enforcement, and Others) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Aerospace & Defense | Publish Date: 05-Aug-2024 | No of Pages: 129 | No. of Tables: 96 | No. of Figures: 61 | Format: PDF | Report Code : N/A
Sweden Unmanned Ground Vehicle Market Overview:
The Sweden Unmanned Ground Vehicle Market size was valued at USD 12.3 million in 2023, and is predicted to reach USD 22.2 million by 2030, with a CAGR of 8.8% from 2024 to 2030. In terms of volume, the market size was 122 units in 2023, and is projected to reach 330 units by 2030, with a CAGR of 15.3% from 2024 to 2030.
Unmanned ground vehicles (UGVs) are robotic platforms designed to operate independently on land without direct human involvement. They come in various sizes, from compact and agile to larger, rugged models capable of navigating challenging terrain. While some UGVs are tailored for specific tasks such as pipeline inspection or handling hazardous materials, others offer versatility for different applications. Equipped with sensors, cameras, and specialized equipment, these vehicles are capable of performing a wide array of tasks. UGVs are employed in inspection, surveillance, mapping, and search and rescue operations. They are deployed in hazardous, repetitive, or contaminated environments, encompassing urban, rural, and off-road settings.
UGvs have applications across military, search and rescue, agricultural, and transportation sectors. UGVs can operate autonomously, making decisions and navigating independently, or they can be remotely controlled by a human operator. A key advantage of UGVs is their ability to undertake missions in environments that are dangerous or inaccessible to humans, such as bomb disposal, hazardous material inspection, or search and rescue operations in collapsed buildings. They are also utilized for tasks that are repetitive or monotonous for humans, including surveillance and patrolling. Additionally, they play a role in agriculture and forestry, including crop monitoring, mapping, and inspection of irrigation systems.
The Growing Use of UGVs in Commercial and Industrial Applications is Driving the Market
The surge in employing Unmanned Ground Vehicles (UGVs) across commercial and industrial sectors act as a significant impetus for Sweden unmanned ground vehicle market expansion. Various industries, including agriculture, transportation, and logistics, are progressively integrating UGVs into their operations, a trend expected to persist as organizations pursue avenues for cost reduction and operational enhancement. Within agriculture, UGVs are utilized for tasks such as crop monitoring and pest management, enhancing productivity while reducing reliance on manual labor. Similarly, in transportation and logistics, they undertake roles such as package delivery, thereby decreasing the need for human drivers. Leveraging UGVs in commercial and industrial settings results in heightened productivity and cost-effectiveness, as these vehicles can operate continuously without breaks. Consequently, the proliferation of UGV adoption across these sectors is poised to propel further growth in the unmanned ground vehicle market.
Increasing Adoption of UGVs in Military and Defense Sector is Fueling the Sweden Unmanned Ground Vehicle Market
The growth of the unmanned ground vehicle (UGV) market is driven significantly by the increasing use of UGVs within military and defense sectors. This increased utilization in military operations is expected to continue in the future as armed forces worldwide seek to reduce the number of soldiers deployed in combat situations. UGVs fulfill various roles in the military and defense sector, including logistics, bomb disposal, and surveillance. They operate in hazardous environments and undertake tasks that are highly risky. UGVs offer a safer and more efficient alternative to human labor, reducing risks to personnel and enhancing efficiency in various operations. Additionally, UGVs used in military and defense operations offer greater adaptability and flexibility in changing environments, as they can be remotely controlled and perform tasks in hazardous conditions. Moreover, UGVs can operate continuously without breaks, leading to increased efficiency and productivity. As a result, there is a rise in the adoption of UGVs in military and defense applications, driving Sweden unmanned ground vehicle market growth.
High Cost and Lack of Standardization of UGVs Restrain the Sweden Unmanned Ground Vehicle Market Growth
The high costs involved in developing and deploying Unmanned Ground Vehicles (UGVs) pose a significant challenge to the market's growth. Typically, UGVs require substantial investments in both their development and production phases, dissuading certain companies or organizations from investing in them. These vehicles demand advanced technologies and specialized components, resulting in considerable expenses for production and maintenance. Moreover, the intricate and time-consuming process of integrating UGVs into existing systems and workflows further escalates their overall cost. Additionally, the absence of standardization within the UGV market presents another barrier to its growth. Various UGV types and sizes are available, often customized for specific tasks or environments, complicating the selection process for companies and the creation of products compatible with diverse systems and applications by manufacturers.
The Convergence of AI and the Advancement of Intelligent UGVs Generate Numerous Opportunities
The integration of artificial intelligence (AI) into Unmanned Ground Vehicles (UGVs) presents fresh prospects for the advancement of intelligent UGVs. Outfitted with cutting-edge technologies such as machine learning and natural language processing, these vehicles possess the capability to execute tasks autonomously and make decisions at an advanced level, thereby enhancing their precision and reliability and positioning them as valuable assets across diverse industries.
The advent of intelligent UGVs has the potential to transform multiple industries by augmenting efficiency, reducing reliance on human labor, and fortifying safety measures. Within the military and defense domain, intelligent UGVs fulfill roles in reconnaissance and surveillance, providing invaluable intelligence while mitigating risks to human personnel. Similarly, in agriculture, they contribute to activities such as precision farming, amplifying crop yields and minimizing resource consumption. Consequently, the progression of intelligent UGVs represents a significant market opportunity, poised to profoundly influence various sectors and foster fresh avenues for growth and innovation.
Competitive Landscape
Several market players operating in the Sweden unmanned ground vehicle industry include QinetiQ Group, Elbit System, Rheinmetall AG, General Dynamics Corporation, Teledyne FLIR LLC, L3Harris Technologies, Inc., Textron Systems (Howe & Howe Technologies), Boston Dynamics, Milrem Robotics, and Clearpath Robotics. These market players are adopting various strategies to maintain their dominance in the market.
Sweden Unmanned Ground Vehicle Market Key Segments
By Mode of Operation
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Teleoperated
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Autonomous
By Mode of Locomotion
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Tracked
-
Wheeled
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Legged
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Hybrid
By Size
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Small
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Medium
-
Heavy
By End-User Industry
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Military and Defense
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Agriculture
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Mining
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Law Enforcement
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Others
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 12.3 Million |
|
Revenue Forecast in 2030 |
USD 22.2 Million |
|
Value Growth Rate |
CAGR of 8.8% from 2024 to 2030 |
|
Market Volume in 2023 |
122 Units |
|
Unit Forecast in 2030 |
330 Units |
|
Volume Growth Rate |
CAGR of 15.3% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
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QinetiQ Group
-
Elbit System
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Rheinmetall AG
-
General Dynamics Corporation
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Teledyne FLIR LLC
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L3Harris Technologies, Inc.
-
Textron Systems (Howe & Howe Technologies)
-
Boston Dynamics
-
Milrem Robotics
-
Clearpath Robotics
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