According to IMARC Group’s latest report, titled “Military Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global military robots market size reached US$ 15.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.7 Billion by 2027, exhibiting a growth rate (CAGR) of 11.47% during 2022-2027.
Robots are automatic, multifunctional, and re-programmable industrial machines that can be embedded with a variety of high-tech devices, such as tactile, visual, and audio sensors. Military robots are autonomous or remote-controlled devices specifically designed for military uses, such as transportation, surveillance, search, and rescue. They are programmed using the principles of computer science and electrical and mechanical engineering to perform several tasks automatically with intelligence, speed, and accuracy. Military robots reduce the need for combatants, prevent human casualties, and enable military expansion into previously inaccessible areas. As a result, they are witnessing a significant demand across the globe.
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Market Trends and Drivers:
Increasing cross-border tensions and a rising number of soldier deaths are some of the key factors bolstering the military robots market growth. Additionally, governments of various nations are investing heavily in new robotic systems to maintain a fleet of unmanned underwater vehicles (UUVs), unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs), which, in turn, is creating a positive outlook for the market. In line with this, key market players are introducing new and innovative product variants integrated with underwater robotics, machine learning (ML), human-robot interaction, legged mobility, and self-driving vehicle to expand their product portfolio, which is accelerating the market growth. Other factors, such as burgeoning investments in research and development (R&D) activities and rising cybersecurity threats, are positively contributing to the market growth.
Military Robots Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the military robots market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Bae Systems
- Boston Dynamics
- Cobham Plc
- Elbit Systems Ltd.
- Endeavor Robotics (iRobot)
- General Dynamics Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Saab AB
Key Market Segmentation:
The report has segmented the global military robots market based on platform, application, mode of operation and region.
Breakup by Platform:
- Land Robots
- Marine Robots
- Unmanned Surface Vehicles (USVs)
- Autonomous Underwater Vehicles (AUVs)
- Remotely Operated Underwater Vehicles (ROVs)
- Airborne Robots
- Small UAV
- Strategic UAV
- Tactical UAV
- Unmanned Combat Aerial Vehicle (UCAV)
Breakup by Application:
- Intelligence, Surveillance and Reconnaissance (ISR)
- Search and Rescue
- Combat Support
- Mine clearance
Breakup by Mode of Operation:
- Human Operated
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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