Industry: Aerospace & Defense | Publish Date: 18-Dec-2024 | No of Pages: 129 | No. of Tables: 96 | No. of Figures: 61 | Format: PDF | Report Code : AD2593
The Thailand Unmanned Ground Vehicle Market size was valued at USD 9.7 million in 2023, and is predicted to reach USD 26.6 million by 2030, with a CAGR of 14.0% from 2024 to 2030. In terms of volume, the market size was 99 units in 2023, and is projected to reach 326 units by 2030, with a CAGR of 18.6% from 2024 to 2030.
Unmanned ground vehicles (UGVs) are robotic systems engineered to operate autonomously on land without human intervention. They come in various sizes, ranging from small and agile units to larger, more robust models capable of navigating challenging terrain. While some UGVs are specialized for specific tasks such as pipeline inspection or hazardous material handling, others offer adaptability for various applications. Equipped with sensors, cameras, and specialized equipment, these vehicles are capable of performing a wide range of tasks. UGVs are utilized for inspection, surveillance, mapping, and search and rescue operations. They are deployed in hazardous, repetitive, or contaminated environments, including urban, rural, and off-road settings.
UGVs find applications across military, search and rescue, agricultural, and transportation sectors. UGVs can operate autonomously, relying on advanced navigation systems, or they can be remotely controlled by human operators. One of the key advantages of UGVs is their ability to navigate and perform tasks in environments deemed too hazardous or inaccessible for humans, such as bomb disposal, hazardous material inspection, or search and rescue missions in collapsed structures. Additionally, UGVs excel in tasks that are repetitive or monotonous for humans, including surveillance and patrolling. Furthermore, they play a crucial role in agriculture and forestry by aiding in tasks such as crop monitoring, mapping, and inspection of irrigation systems.
The proliferation of UGV usage in commercial and industrial sectors acts as another driving force behind market expansion. Diverse industries, including agriculture, transportation, and logistics, are increasingly embracing UGVs, a trend expected to continue as businesses pursue cost reductions and operational improvements. In agriculture, UGVs are utilized for tasks such as crop monitoring and pest control, enhancing efficiency and reducing reliance on manual labor. Similarly, in transportation and logistics, they streamline operations such as package delivery, reducing the need for human drivers. Employing UGVs in commercial and industrial applications boosts productivity and cost-effectiveness, as these vehicles can operate continuously without breaks. Therefore, the growing adoption of UGVs in these sectors is anticipated to further propel the unmanned ground vehicle market's growth.
The unmanned ground vehicle (UGV) market experiences significant growth primarily due to the increasing integration of UGVs within military and defense sectors. This rising usage in military operations is expected to persist as armed forces worldwide aim to reduce deployed personnel in combat situations. UGVs serve diverse functions within the military and defense domain, encompassing logistical support, bomb disposal, and surveillance roles. Operating in hazardous environments, they undertake tasks with substantial risk. UGVs offer a safer and more efficient alternative to human labor, reducing personnel risks and improving operational efficiency across various sectors. Additionally, UGVs used in military and defense operations provide enhanced adaptability and flexibility in dynamic environments, being remotely maneuverable and capable of functioning in hazardous conditions. Furthermore, their continuous operation without breaks leads to increased efficiency and productivity, contributing to the rise in adoption within military and defense applications, thus driving market growth.
The high costs associated with the development and deployment of Unmanned Ground Vehicles (UGVs) pose a significant challenge to market growth. Typically, UGVs require substantial investments in both their development and production phases, potentially dissuading some companies or organizations from investing in them. These vehicles rely on advanced technologies and specialized components, resulting in high production and maintenance costs. Additionally, integrating UGVs into existing systems and processes can be complex and time-consuming, further increasing expenses. Furthermore, the lack of standardization in the UGV market hampers growth. With various types and sizes of UGVs available, often tailored for specific tasks or environments, companies may find it challenging to select the appropriate UGV, while manufacturers face difficulties in producing products compatible with diverse systems and applications.
The integration of artificial intelligence (AI) into Unmanned Ground Vehicles (UGVs) introduces fresh pathways for advancing intelligent UGVs. Outfitted with cutting-edge technologies such as machine learning and natural language processing, these vehicles can autonomously perform tasks and make decisions at an elevated level, thereby enhancing their precision and reliability and positioning them as invaluable assets across diverse industries.
The emergence of intelligent UGVs has the potential to revolutionize various sectors by increasing efficiency, reducing reliance on human labor, and enhancing safety measures. Within the military and defense sector, intelligent UGVs fulfill roles in reconnaissance and surveillance, providing critical intelligence while minimizing risks to human personnel. Similarly, in agriculture, they contribute to tasks such as precision farming, boosting crop yields and minimizing resource usage. Consequently, the development of intelligent UGVs represents a significant market opportunity, poised to profoundly impact various industries and stimulate new avenues for growth and innovation.
Several market players operating in the Indonesia 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.
Teleoperated
Autonomous
Tracked
Wheeled
Legged
Hybrid
Small
Medium
Heavy
Military and Defense
Agriculture
Mining
Law Enforcement
Others
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 9.7 Million |
Revenue Forecast in 2030 |
USD 26.6 Million |
Value Growth Rate |
CAGR of 14.0% from 2024 to 2030 |
Market Volume in 2023 |
99 Units |
Unit Forecast in 2030 |
326 Units |
Volume Growth Rate |
CAGR of 18.6% 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. |
QinetiQ Group
Elbit System
Rheinmetall AG
General Dynamics Corporation
Teledyne FLIR LLC
L3Harris Technologies, Inc.
Textron Systems (Howe & Howe Technologies)
Boston Dynamics
Milrem Robotics
Clearpath Robotics