The robotic vehicle market was valued at US$8,191.389 million at 2018 and is projected to grow at an impressive rate during the forecast period. Robotic Vehicles are classified as remotely operated or autonomous. In general, these vehicles move by themselves with the help of sensors and computational resources onboard to guide their motion. However, such robotic vehicles are usually integrated with some form of human oversight or supervision of the motion. The demand for these vehicles is spurring owing to various industries turning towards such vehicles to perform redundant tasks in order to minimize manual intervention. This is further substantiated by the growing number of robotic vehicle launches in the past two years. In September 2018, Volvo Group launched Vera, the commercial electric autonomous truck that is designed to do redundant assignments in logistics centres, factories, and ports.
Shortage of workforce is one of the major factors that are augmenting the demand for robotic vehicles such as trucks that can be utilized to perform redundant tasks at the warehouse. Also, they are steadily being utilized in areas where hazardous environmental condition prevails. In the Military, the burgeoning incorporation of autonomous and remotely operated technologies for air, sea, and ground vehicles is further unlocking growth opportunities for robotic vehicles to be utilized in this sector. Thus, the robotic vehicle market is anticipated to witness impressive growth during the forecast period on account of the increasing number of robotic vehicle roll-outs along with increased investment by key players in R&D so to incorporate advanced technologies to make these vehicles fully unmanned without any human supervision.
The Robotic Vehicle Market – Forecasts from 2019 to 2024 is an exhaustive study of this niche technology market that presents the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunities in regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by vehicle type, end-user industry, and geography.
The robotic vehicle technology market has been segmented by vehicle type, end-user industry, and geography. Based on vehicle type the market has been segmented into cars, trucks, and aircraft. By end-user industry, the market has been classified into military and defense, automotive, agriculture, and manufacturing.
Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2024. The global market has been broken down into the Americas, Europe Middle East, and Africa (EMEA), and the Asia Pacific.
Major players in the global robotic vehicles market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global robotic vehicle market.
By Vehicle Type
By End-User Industry
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ROBOTIC VEHICLE MARKET BY VEHICLE TYPE
6. ROBOTIC VEHICLE MARKET BY END-USER INDUSTRY
6.1. Military and Defense
7. ROBOTIC VEHICLE MARKET BY GEOGRAPHY
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.3. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Waymo LLC
9.3. Volvo Group
9.5. X DEVELOPMENT LLC
9.6. BYD Company
9.7. General Motors
*List is not exhaustive
LIST OF FIGURES
LIST OF TABLES
X DEVELOPMENT LLC
*List is not exhaustive
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