USD 19.08 billion
Report ID:
SQMIG45I2159 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
311
|Figures:
81
Global Military Robots Market size was valued at USD 18.03 Billion in 2022 and is poised to grow from USD 19.89 Billion in 2023 to USD 43.58 Billion by 2031, growing at a CAGR of 10.3 % in the forecast period (2024-2031).
The military utilizes advanced programmable robots for various purposes to improve their normal capabilities and performs dangerous tasks efficiently. These robots are utilized in areas where it is extremely risky or not possible for the military people to reach. The various applications for militaries consist of patrols, delivery of materials, and surveillance. Most of these machines can be remotely controlled remotely and away from the operations areas. These robots are also utilized for surveillance, reconnaissance, and visual imaging. The demand for military robots is increasing mainly owing to the conflicts among nations. This is encouraging them to actively modernize their military systems and embrace new automated warfare processes. The popularity for unmanned systems is increasing in military as they want to improve human abilities, reduce operational risks, and adapt to asymmetric threats in modern world warfare situations. These military robots provide various benefits like improved endurance, persistence, and maneuverability in comparison with manned platforms. These features make them ideal for surveillance and target acquisitions missions during hostile situations. These features of military robots are positively influencing the growth of the market. Moreover, innovations in robotics technology, AI, and sensor payloads are also allowing military robots to function in a vast range of tasks. It includes perimeter security, explosive ordnance disposal, and search and rescue operations, resulting in the expansion of the military robot's market.
Global Market Size
USD 19.08 billion
Largest Segment
Land
Fastest Growth
Land
Growth Rate
8.2% CAGR
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Global military robots market is segmented based on type, platform, end user, propulsion, and region. By type, market is segmented into land, marine, and airborne. Based on platform, the market is segmented into land robots, marine robots, autonomous underwater vehicles, remotely operated vehicles, airborne robots. Based on end use, the market is segmented into Defense and Homeland Security. Based on propulsion, the market is segmented into electric, mechanical, hybrid. Based on region, the market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.
Analysis by Platform
Based on platform, the market is segmented into land robots, marine robots, autonomous underwater vehicles, remotely operated vehicles, airborne robots. The airborne robot segment is dominating the military robot's market. Drones are primarily used in modern warfare situations due to their superior vision and capability to perform pre-emptive strikes. These robots also can monitor areas. Several nations are investing massively in the modernization of their airborne defense and defensive units by upgrading the potential of their present UCAV fleets and getting advanced models. Such innovative technologies will support them in conducting successful military operations. Asymmetrical warfare where the combatant forces can accomplish operational efficiency by correlating with their adversaries', international armed forces are focusing on deployment of laser-powered unmanned aerial vehicles.
Marine robots are witnessing the fastest growth in the military robots market. This is primarily because the naval forces utilize an amalgamation of traditional crewed ships and unmanned autonomous to have better impact. Furthermore, the growing emphasis of armed forces on using novel robot technologies to gain better strategic and tactical superiority in any hostile situations. Marine robots are also used in detection, anti-submarine warfare, mine countermeasures, undersea surveillance, security, and inspection. These features of marine robots are increasing its popularity in the military robots' market. However, many research and developments are still going on related to the use of marine robots and how they can benefit in the military sector. For instance, the Defense Advanced Research Projects Agency (DARPA), is heavily investing in robotic submarine systems. These robots can be used smartly for several applications, like engaging in anti-submarine operations, identifying underwater mines, and securing ships in harbors. These initiatives are contributing to the growth of the market.
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North America is dominating the military robots market with maximum share. This is mainly due to their growing focus on improving security measures in different industries like government, defense, commercial, and critical infrastructure, boosting the adoption of robots. The increasing adoption of automation and robotics technology throughout industries is also boosting the demand for security robots. With market leaders like Boeing and Lockhead leading the market, the region is investing more in advanced research, development, and manufacturing in the military robots sector. North American military robot market companies are playing a vital role in shaping the future of aerospace and defense technology with military aircraft to space exploration.
Europe is witnessing the fastest growth in the global military robots market. The region has one of the richest histories in aviation and defense. Europe can boast about their diversified line of companies who are massively contributing to the market. For instance, Airbus is investing in commercial aviation and BAE Systems is taking care of defense. The European organizations are focusing on collaborations and innovations to maintain their presence in the competitive global market. The region’s aerospace industry profits from cross-border collaboration and investments, maintaining a dynamic setting for research, development, and production. These factors are positively influencing the development and expansion of the military robots market in the region.
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Drivers
Increasing Investments in Unmanned Technologies
Increasing Adoption of Advanced Technology
Restraints
Ethical Concerns Related to the Use of Robots in Military
Complexity of Designs and Threat of Cyber Attacks
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The key players in the global military robots market is emphasizing on introducing advanced autonomous vehicles that provide superior features and can be used without much complexity. The market leaders are also engaging in partnerships, collaborations, and mergers & acquisitions. With this they are not only expanding their presence in the global market but also advancing the development of military robots. Furthermore, many players and startups are collaborating with government facilities to invest in various research and development related to the design and production of military robots and how they can be fully utilized in various challenging situations.
Top Players in the Global Military Robots Market
Military Robots Market Recent Developments
Increasing Research Activities
Rising Innovations in Technologies
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global military robots market is characterized by immense competition, technological advancements, and changing geopolitical dynamics. The market leaders are constantly navigating regulatory difficulties, geopolitical threats, and market unpredictability while capturing the opportunities for development. Furthermore, these organizations are also driving innovation and accomplishing long-term success by constantly investing in research and development. These initiatives are improving the current robots used in the military and helping build more advanced robotic systems. Companies are analyzing the regional dynamics and adopting corporate governance best practices to expand and advance the military robots market.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 18.03 Billion |
Market size value in 2031 | USD 43.58 Billion |
Growth Rate | 10.3% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Military Robots Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Military Robots Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Military Robots Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Military Robots Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Military Robots Market size was valued at USD 18.03 billion in 2022 and is poised to grow from USD 19.89 billion in 2023 to USD 43.58 billion by 2031, growing at a CAGR of 10.3% in the forecast period (2024-2031).
The global Military robots market is fragmented, with a prominent market player acquiring a sizable portion. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective. 'Northrop Grumman Corporation (US) ', 'Thales Group (France) ', 'Clearpath Robotics Inc. (Canada) ', 'QinetiQ (UK) AeroVironment, Inc. (US) ', 'Elbit Systems Ltd. (Israel) ', 'Raytheon Technologies (US) ', 'BAE Systems (UK) ', 'Saab AB (Sweden) ', 'Lockheed Martin Corporation (US) ', 'General Dynamics Corporation (US) ', 'Milrem Robotics (Estonia) ', 'Leonardo (Italy) ', 'Textron Inc. (US) ', 'Kongsberg Gruppen (Norway) ', 'Israel Aerospace Industries (IAI) (Israel) ', 'Rheinmetall AG (Germany) ', 'ECA Group (France) ', 'Rafael Advanced Defense Systems Ltd. (Israel) ', 'Roboteam (Israel) ', 'STM (Turkey) '
The convergence of technologies such as artificial intelligence, real-time data monitoring, and the Internet of Things (IoT) has increased demand for military robots in modern warfare, thereby assisting the market.
The growing trend of combining humans and robots on the battlefield is expected to accelerate the development of unmanned military systems. Robots can perform tasks more quickly and precisely, reducing the number of casualties during the war. Furthermore, the development of multi-mission robots may have an impact on the military robot’s market share. These robots are linked to the miniaturization of electronic components, as well as other explosive elements and weapons. The use of robots in conjunction with advanced electronic components allows military personnel to make tactical decisions during combat.
North America currently dominates the military robots market. This dominance can be attributed to several factors, including early and substantial investments in robotics research and development, a robust defense budget, and a strong focus on technological innovation. Additionally, the region's well-established defense industry ecosystem and the presence of key market players have contributed to its leadership position. While other regions like Asia-Pacific and Europe are experiencing rapid growth, North America continues to be the frontrunner in military robotics.
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Report ID: SQMIG45I2159
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