Press Release

Military Robots Market earned USD 16.8 billion in 2021 and expected to reach USD 35.2 billion in 2029, exhibiting at a CAGR of 9.7% | Size & Forecast

Military Robots Market size was reached USD 16.8 billion in 2021 and is slated to register a double digit CAGR of 9.7% over the period 2022-2029 and is projected to reach USD 35.2 billion in 2029.

Military Robots Trends and Drivers

Major factors driving Military Robots market includes the growing need for assistance by military robots in combat tasks along with the rising adoption of UAVs and USVs in the ISR. In addition, growing demand for military robots among defense forces driven by the benefits offered by these robots such as aid to soldiers on the battleground, help in search and rescue operations, disarm bombs will further propel the market growth. Rising government investment on strengthening the existing security infrastructure across the globe and rapid advancement in robotic technologies is expected to boost the military robots market. The leading players are investing on various R & D activities to innovate with the advanced technologies will create more growth opportunities for military robots. However, high cost of Military robots and strict regulations regarding technology sharing is hindering the Military Robots market growth.

Based on Platform, Land robots segment growing at the fastest rate during the forecast period.

Land robots segment is driven by the rising penetration for border security and battlefield engagement with the increasing terror attacks especially in US. For instance, Russian Defense Ministry introduced an separate unit of military robots comprises of 5 Uran-9 robotic systems in 2021.

Based on Mode of Operation, Autonomous segment is expected to increase in near future.

Rapid adoption of advance aerial robots along with the increasing demand among various application such as security, inspection, undersea surveillance, detection and anti-submarine warfare. Moreover, increasing adoption of technologies such as fiber optics tether, 3D imaging, among others. These factors are paving way for the Autonomous segment in the Military Robots market.

Based on Application, Mine Clearance segment is expected to grow at a higher CAGR.

Increasing threats from IED along with the rising adoption of military robots in mine clearance to reduce the risk of unexploded ordnance and other dangerous objects. However, ISR is also gaining traction over the forecast period due to the increasing ISR activities across the North America and Asia regions.

Based on Region, Europe region is projected to grow at fastest rate in the Military Robots market.

Europe Military Robots market is driven by the increasing demand of military robots because of the advancement in the military technologies along with the rising adoption of military robots across European countries such as Germany, UK, France, among others. In addition, with the increasing investment and development of advanced ground robots among various applications like surveillance, combat and transportation applications, is expected to boost the growth of the Europe region.

Top Market Players

Some of the major companies operating in the Military Robots market are Northrop Grumman Corporation, Lockheed Martin Corporation, Endeavor Robotics, Qinetiq, Cobham plc, Elbit Systems Ltd., Aerovironment, Inc., General Dynamics Corporation, Israel Aerospace Industries LTD., Thales Group, Aerovironment, Inc., Bae Systems among others.

Key Developments:
• In 2021, General Atomics introduced a new drone i.e., Mojave, which can carry 16 Hellfire missiles that can take from dirt road. Mojave can take off from shorter runway because of the change in the wings and landing gears.
• In 2021, Israel Aerospace Industries introduced the REX MKI robot, a remote-controlled armed four-wheel-drive which can track infiltrators and open fire. This robot managed by an electronic tablet which can be armed with the 2 machine guns, sensors and camera.

Market Segmentation

Segmentation by Platform

Land robots
    o Wheeled
    o Tracked
    o Legged
    o Wearable

Marine Robots
    o Unmanned Surface Vehicle (USV)
    o Autonomous Underwater Vehicle
    o Remotely Operated vehicle

Airborne Robots
    o Small UAV
    o Tactical UAV
    o Strategic UAV
    o Unmanned Combat Aerial Vehicle (UCAV)

Segmentation by Application
    o Intelligence, Surveillance and Reconnaissance (ISR)
    o Search and Rescue
    o Combat Support
    o Transportation
    o Explosive Ordnance Disposal (EOD)
    o Mine Clearance
    o Firefighting
    o Others

Segmentation by Mode of Operation

Human Operator
    o Tethered
    o Untethered

Autonomous
    o Fully Autonomous
    o Semi-Autonomous

Segmentation by Region

Asia Pacific
o China
o Japan
o India
o Rest of APAC

North America
o United States of America
o Canada

Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE

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Armored Vehicles Market

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Airborne Surveillance Market

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and businesss decisions.

 

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