International Armoured Vehicles Conference 2020

2020 marks the 20th anniversary of the International Armoured Vehicles (IAV) conference.

Since its first armoured vehicles event in 2001, we have seen the rapid evolution of land power doctrine and technology: 2001 was the start of an extended period of counter-insurgency and counter-terror fighting, leading to the rapid acquisition of armoured vehicles, innovation in counter-IED technology and the proliferation of unmanned aerial systems.

Now, we see the emergence of multi-domain concepts of operation, a reorientation towards high-end peer conflict and the aggressive pursuit of disruptive technologies in AI and Robotics, which are sure to revolutionise and re-energise debate within the land forces community - not least, the armoured vehicles market.

IAVs Conference has endured as the essential annual event for the armour community by consistently delivering world-class speakers from both the end-user community and industry partner communities, and by staying ahead of the curve with the technologies and concepts discussed over the four days: Over 650 armoured vehicles professionals - including over 250 industry experts and 400 military leaders will gather in January at the World's Largest Dedicated Armoured Vehicles Conference, to discuss the full range of emerging technologies and the changing Concept of Operations (CONOPS) impacting the sector, and how to prepare for challenges 2035 and beyond.

The UGVs (Unmanned Ground Vehicles) Conference taking place on 23 January- led and moderated by the Robotics Requirements Branch of U.S. Army Futures Command- offers a dedicated platform to compliment discussions taking place at International Armoured Vehicles, by deep diving into the world of autonomous land systems. The UGV conference comes highly recommended to any IAV attendee interested in exploring robotics and its disruptive impact on the future of armoured manoeuvre in more detail.

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UGV Market to Grow by US$4.3 Billion

The Unmanned Ground Vehicles (UGVs) market worldwide is projected to grow by US$4.3 Billion, driven by a compounded growth of 14.7%

Wheeled, one of the segments analyzed and sized in this study, displays the potential to grow at over 15.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.1 Billion by the year 2025, Wheeled will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 13% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$167.8 Million to the region's size and clout in the next 5 to 6 years. Over US$139.9 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Wheeled will reach a market size of US$85 Million by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 18.8% over the next couple of years and add approximately US$1.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Competitors identified in this market include:

Aselsan A.S.

Autonomous Solutions Inc.

BAE Systems PLC

Boston Dynamics

Clearpath Robotics Inc.

Cobham PLC

Dok-Ing D.O.O.

ECA Group

Endeavor Robotics

General Dynamics Corporation

Howe & Howe Technologies, Inc.

ICOR Technology

L3Harris Technologies, Inc.

Leonardo DRS

Lockheed Martin Corporation

Magforce International

Nexter Group

Northrop Grumman Corporation

Oshkosh Corporation

QinetiQ North America, Inc.

RE2, Inc.

ReconRobotics, Inc.

Rheinmetall AG

Roboteam

SuperDroid Robots Inc.

Read more:

https://www.benzinga.com/pressreleases/19/11/n14721856/global-unmanned-ground-vehicles-ugv-market-to-2025-market-is-projected-to-grow-by-us-4-3-billion