Reportlinker on examining the global defense market has released a research report, “Unmanned Ground Vehicles (UGV) Market 2010-2020”.
The key features under analysis include the major drivers and restraints leveraging sales growth of UGVs, the current trend of UGV market and its future scenario based on market forecasts for 2010 to 2020, the commercial viability of companies that supply military products as well as the research institutions involved in robotics research.
The primary resource which helped in the release of this analytical report is a huge combination of press releases, governmental announcements, experts’ opinions, and policy documents. Strengths, weaknesses, opportunities and threat (SWOT) analysis was done in deployment of military robots for Explosive Ordnance Disposal (EOD) & Counter- Improvised Explosive Device (IED) operations and their technological, and commercial trends were also analyzed.
Thousands of robots were involved with military forces in bomb-disposal operations in Iraq and Afghanistan and its global market is in a growing phase. It was reported that in 2010, the amount spent globally on UGVs will touch $418 million.