Unmanned Ground Vehicles Market

Rising demand for faster means of transportation is a major factor driving flying taxi market revenue growth Market Size – USD 2.17 Billion in 2020, Market Growth – at a CAGR of 28.4%, Market Trends – Continuous advancements in technology The global  flying taxi market  size is expected to reach USD 16.05 Billion in 2028 and register a revenue CAGR of 28.4% over the forecast period, according to the latest report by Reports and Data. Rising need for more enhanced and faster mode of transportation in urban areas is driving flying taxi market revenue growth. Urban population is increasing globally leading to ever-increasing on-road traffic. Therefore, for distances of more than 20 kilometers, a flying taxi acts as an attractive solution to a conventional taxi, as it can bypass the congested roadway on the ground. Increasing investments in research & development activities by major players to develop better battery technologies in order to extend the distance that the flying taxi

Increasing deployment of Unmanned Ground Vehicles to perform ground surveillance, peacekeeping operations, urban street presence, checkpoint operations, and to improve military and police raids in urban areas are some key factors propelling market growth Market Size – USD 2500 Million in 2020, Market Growth - CAGR of 6.7%, Market Trends- Extensive civilian and military applications The global  Unmanned Ground Vehicles market  size was USD 2,500 Million in 2020 and is expected to reach USD 4215.8 Million by 2028, at a CAGR of 6.7%, according to the latest report by Reports and Data. Market revenue growth is majorly driven by surging demand for Unmanned Ground Vehicles for military and law enforcement, as well as increasing scope for a range of commercial applications. Unmanned Ground Vehicles are capable of carrying out various intense tasks, such as during firefighting operations, public safety, and logistics operations associated with medication delivery to patients in remote lo