Report

Terrain Robot Market By Type (Wheeled, Tracked, Legged, Hybrid); By Product (Hardware, Software, Services); By Application (Military & Defense, Mining & Construction, Agriculture, Others); By Region (North America, Europe, Asia Pacific, Middle East & Africa (Mea), South America) : Global Opportunity Analysis And Industry Forecast 2021-2030

  • Publish Date: Apr,2022
  • Report ID: QI040
  • Page : 200
  • Report Type : PDF (Email)
The global terrain robot market value was US$ 0.41 billion in 2020. The global terrain robot market value is forecast to reach US$ 1.41 billion by 2030, with a growing compound annual growth rate (CAGR) of 14% during the forecast period from 2021-2030.

Terrain robots are lightweight mobile robots designed to meet the strategic requirements of diverse industries. The terrain robot's goal is to explore an obscure climate on its own and recognize objects of interest. In addition to its primary applications in security and reconnaissance, it can also detect & refuse landmines, identify bombs and explosives, put out fires, regulate hazardous materials, and support post-disaster rescue missions. This robot uses a multi-agent system architecture that uses asynchronous data communication and an infrared rangefinder to detect obstacles. A robot can be controlled manually, as well as pre-programmed or controlled through an online control console.

Factors Influencing Market Growth

Terrain robots are always improving in order to assist the military in managing explosives in their patrols. Manufacturers are also leveraging new technologies such as Zigbee, Radiofrequency, and Digital Terrain Mapping (DTM) to develop highly advanced robots with sensors and guidance technology to make operations easier. Thus, a rise in economies and the development of automation globally are driving the growth of the global terrain robot market share.
The automation of the mining and construction industries is the primary reason for the growth of the terrain robot market during the forecast period.
Terrain robots are experiencing rapid growth due to an increase in military & defense applications. In addition, machine vision systems have the potential to grow the market.
The design challenges associated with robots may slow down the market growth.
Impact Analysis of COVID-19

The COVID-19 outbreak has significantly impacted the global terrain robot industry. A significant impact on the raw material market was the procurement of raw materials, wherein time and shipping costs were major concerns. Moreover, the mining and construction industries temporarily ceased operating due to a lack of workers. However, it created lucrative markets for terrain robots during the forecast period. Post pandemic, the terrain robot market is likely to expand rapidly.

Regional Insights

North America dominates the market for terrain robots as security threats grow internally and externally. During the forecast period, the emergence of key players in the terrain robot market will further boost the market's growth in the region.

The terrain robot market is forecast to grow strongly in Asia-Pacific due to the occurrence of major key players. Further, the growing acceptance of terrain robots is likely to boost growth in the coming years.

Leading Competitors

The leading prominent companies profiled in the global terrain robot market are:

Boston Dynamics
Dr Robot Inc.
Endeavor Robotics, Inc.
Evatech, Inc.
Inspector Bots
NIDES Ltd.
Roboteam
Stanley Innovation
SuperDroid Robots, Inc.
Telerob
Other Prominent Players
Scope of the Report

The global terrain robot market segmentation focuses on Type, Product, Application, and Region.

Segmentation based on Type

Wheeled
Tracked
Legged
Hybrid
Segmentation based on Product

Hardware
Software
Services
Segmentation based on Application

Military & Defense
Mining & Construction
Agriculture
Others
Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America