Research Methodology on Unmanned Ground Vehicles Market
Introduction
The research methodology employed for the study, “Global Unmanned Ground Vehicles Market Research Report-Forecast till 2030” by Market Research Future (MRFR), was designed to provide an exhaustive analysis of the unmanned ground vehicles (UGV) market from multiple perspectives. Hence, reliable information about the market size and dynamics over the forecast period 2023–2030 was determined. Qualitative information gathered from interviews and surveys of industry leaders and other experts in the field has been used in this market study.
Scope of the Study
The scope of the study for the global unmanned ground vehicles market, as framed by MRFR, does include an extensive analysis of the market structure, current developments, and the market aspects of key global market participants. Extensive analysis of the market structure is conducted in the form of a top-down and bottom-up approach, which helps to understand the key countries and global participants dominating the UGV market.
Research Methodology
The research methodology employed by MRFR, used to analyze the global UGV market, generally included primary and secondary research. The primary research was mainly conducted through interviews and surveys with industry leaders and other UGV industry experts, while secondary research was conducted through interaction with company databases, extensive market studies, and annual reports related to the UGV market. Various industry professionals and market personnel from the market size estimation process also contributed to primary and secondary research inputs.
Data Collection and Validation
Data collection and validation processes are extensively used to gather and analyze data related to the global UGV market. The size of the data set was gathered mainly from industry experts, industry associations, and company databases. The company databases were regularly updated to ensure the accuracy of the provided data. Other sources used included Annual Reports and SEC Filings, Interviews with Key Opinion Leaders, Paid Databases, and Industry Journals.
Market Estimation and Forecasting
MRFR business analysts utilized proprietary models backed by sound statistical methods to estimate and forecast the market size of UGVs. The model uses inputs derived from secondary sources and primary research interviews conducted with industry experts for validating the market size. The top-down approach was used to break down the overall market size, while the bottom-up approach was used for the sub-segments of the market. Sensitivity and scenario analysis was carried out to determine the overall market dynamics linked with the market during the forecast period 2023 to 2030.
Data Triangulation
Data triangulation was used to ensure the accuracy of the market size determination and verify the comprehensive analysis of the global UGV market. The triangulation process includes the addition of various sources such as interviews and surveys, public and private sources, supplier and buyer side, and related market players. Through this extensive data triangulation process, MRFR improved the robustness of the data available.
Research Assumptions
The research assumptions made for the Global UGV Market Report 2023-2030 by MRFR include the market definition and structure of the data collection that was made available by the key industry vendors, along with the MRFR model, and its use in deriving the market estimates of the global UGV market over the forecast period. The actual data collection involves analysis of the market components and a detailed understanding of the individual market and its respective segments.
Conclusion
Through the aforementioned primary, secondary, and tertiary research process, a comprehensive understanding of the UGV and its prevalent market dynamics were obtained, along with in-depth market assessments and other qualitative and quantitative analyses, which were then combined to form a holistic view of the global UGV market. Finally, the assimilated information was then used to obtain an accurate estimated growth figure of the Global UGV Market throughout the forecast period 2023 to 2030.
