Market Share of Military Unmanned Ground Vehicle Industry
The military unmanned ground vehicle market is fragmented, with many companies taking a minor share of the market. The key players in the market are QinetiQ Group PLC, Israel Aerospace Industries Ltd, General Dynamics Corporation, Rheinmetall AG, and L3Harris Technologies, Inc.
Players across the world are working toward developing new UGVs with advanced control systems and technologies, while militaries across the globe are getting their hands on the latest technology in autonomous armored vehicle systems. Major companies are also concentrating on research on UGVs, and soon, these big firms will partner with smaller firms or acquire them to gain access to the local market. It will also gain access to technologies these firms developed and deployed across the world, along with their experience and expertise.
Military Unmanned Ground Vehicle Market Leaders
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QinetiQ Group plc
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Israel Aerospace Industries Ltd
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General Dynamics Corporation
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Rheinmetall AG
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L3Harris Technologies, Inc.
*Disclaimer: Major Players sorted in no particular order
