Global Micro Tactical Ground Robot Industry

Global Micro Tactical Ground Robot Industry

  • April 2021 •
  • 153 pages •
  • Report ID: 5900647 •
  • Format: PDF
Abstract:
- Global Micro Tactical Ground Robot Market to Reach $8.1 Billion by 2027
- Amid the COVID-19 crisis, the global market for Micro Tactical Ground Robot estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$8.1 Billion by 2027, growing at a CAGR of 16.9% over the analysis period 2020-2027. Intelligence, Surveillance, and Reconnaissance, one of the segments analyzed in the report, is projected to record a 15.5% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Law Enforcement segment is readjusted to a revised 16.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $808.8 Million, While China is Forecast to Grow at 16.3% CAGR
- The Micro Tactical Ground Robot market in the U.S. is estimated at US$808.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 16.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.6% and 14.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.
- Explosive Ordinance Disposal Segment to Record 17.7% CAGR
- In the global Explosive Ordinance Disposal segment, USA, Canada, Japan, China and Europe will drive the 17.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$800.1 Million in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$989.6 Million by the year 2027.

- Select Competitors (Total 47 Featured) -
  • Boeing Company
  • Clearpath Robotics, Inc.
  • iRobot Corporation
  • Northrop Grumman Corporation
  • Perrone Robotics
  • QinetiQ Group PLC
  • ReconRobotics, Inc.
  • Roboteam
  • Robotnik Automation S.L.L.
  • Thales Group