Global All-terrain Service Robots Market 2018-2022

Below are some of the key findings from our all-terrain service robots market forecast report

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Global All-Terrain Service Robots Industry Outlook

Technavio’s market research analysts predict that the all-terrain service robots market share will grow at a CAGR close to 20% during the forecast period. The increase in demand for these types of robots by the defense and military sectors will be one of the major factors contributing to the high growth rate of the market. Countries around the world are increasing their defense budgets to strengthen their defensive capabilities. There is a growing demand for cost-effective solutions for the early detection of threats, especially in situations and areas where human lives could be at risk. All-terrain service robots neither need a large support staff and infrastructure nor need human intervention for maintenance and charging, thus making these robots cost-efficient. Unmanned ground vehicles (UGVs) also have high deployment time and lower cost of ownership and operation than other defense equipment such as satellites, aircraft, and underwater vessels. Some of the major all-terrain service robot’s applications in defense activities include explosive ordnance disposal (EOD), mine detection and countermeasure operations, designation and inspection of targets, and enhancement of intelligence, surveillance, and reconnaissance.

Companies covered

The all-terrain service robots market appears to be fairly concentrated. The market is expected to become more competitive in the coming years with vendors enhancing their service portfolios in areas of remote monitoring, virtual commissioning, and self-paced virtual training. To improve customer relationship and business performance, vendors need to opt for customization of service agreements and packages. To help clients improve their revenue share in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this all-terrain service robots market analysis report also suggests strategies companies can follow and recommends key areas they should focus on, which will help clients make the most from upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• Boston Dynamics
• Clearpath Robotics
• Endeavor Robotics
• QinetiQ
• Roboteam

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All-terrain service robots market segmentation based on end user

• Defense and military
• Mining
• Agriculture

The defense and military segment dominates the all-terrain service robots market. Factors such as the increasing emphasis on improvement of speed safety and efficiency in operations that involve surveillance, rescue, reconnaissance, and tactical logistics will help this segment to remain the majority shareholder of the market during the next five years.

All-terrain service robots market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The EMEA region occupies the maximum share of the all-terrain service robots market. The Americas and the EMEA region will be the major revenue contributors to this market due to increasing adoption of these service robots for security, rescue, fire-fighting, bomb-disposal and surveillance operations in Western European and North American countries.

Key highlights of the global all-terrain service robots market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the all-terrain service robots market during the next five years
• Precise estimation of the global all-terrain service robots market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the all-terrain service robot industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of all-terrain service robot companies

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