Report ID: SQMIG20A2257
Report ID:
SQMIG20A2257 |
Region:
Global |
Published Date: April, 2024
Pages:
203
|
Tables:
122 |
Figures:
74
Global Military Robots and Autonomous Systems Market size was valued at USD XX billion in 2022 and is poised to grow from USD XX billion in 2023 to USD XX billion by 2031, growing at a CAGR of X% in the forecast period (2024-2031).
Robots designed specifically for military applications and operations such as search and rescue, transportation, remote attacks, etc. Are known as military robots. The growing proliferation of robotics in the military and defense industry is the key factor driving military robots and autonomous systems market growth. Robust advancements in autonomous and robotics technologies are also contributing to the growing use of military robots and autonomous systems around the world. Efforts to reduce casualties in military operations and wars have led to a rise in popularity of unmanned warfare, which in turn is slated to boost sales of military robots and autonomous systems over the coming years. Growing geopolitical tensions around the world and increasing defense budgets of countries are also expected to boost military robots and autonomous systems demand in the future. North America is predicted to hold a dominant stance in the global military robots and autonomous systems market owing to the high defense spending in the United States. On the contrary, cybersecurity issues and ethical concerns are predicted to be key restraints for military robots and autonomous systems market growth in the long run.
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Report ID: SQMIG20A2257