Micro Tactical Ground Robot Market Military Operations, Products, Competitors, Customers, Technology Insights, Financials And Forecast 2023-2032|The Boeing Company, Clearpath Robotics Inc., iRobot Corporation, Northrop Grumman Corporation, Perrone Robotics Inc.

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The Micro Tactical Ground Robot Global Market Report 2023 by The Business Research Company, provides micro tactical ground robot market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Micro Tactical Ground Robot Global Market Report 2023, the global micro tactical ground robot market size is expected to grow from $3.91 billion in 2022 to $4.46 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global micro tactical ground robot market size is expected to reach $7.37 billion in 2027 at a CAGR of 13.3%.

An increase in defense expenditure is expected to propel the growth of the micro tactical ground robot market going forward. The defense budget is the amount of the federal budget devoted to defense, which pays for personnel, training, and medical expenses, in addition to the maintenance and acquisition of weapons and equipment. The increased defense spending can lead to increased investment in military technology, such as micro tactical ground robots, which can lead to increased demand for such robots.

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The micro tactical ground robot market is segmented:

1) By Mode of Operation: Tethered, Tele-operated, Semi-autonomous, Autonomous

2) By Platform: Airborne, Land-Based, Naval

3) By Application: Intelligence, surveillance, and reconnaissance, Law enforcement, Explosive ordinance disposal, Chemical, biological, radiological, nuclear and explosives (CBRNE) and hazardous material (HAZMAT), Other Applications

Product innovations are a key trend for gaining popularity in the micro tactical ground robot market. Major companies operating in the micro tactical ground robot market are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2022, Elbit Systems Ltd., an Israel-based defense electronics firm involved in a wide range of defense, homeland security, and commercial programs, introduced COPAS-L, a new electro-optical (EO) payload for intelligence, surveillance, target acquisition, and reconnaissance (ISTAR). The new product has compact dimensions and weighs just 40 kg, and it enables light platforms with AFV-level ISTAR capabilities and cameras with infrared lasers, such as light tactical vehicles, UGVs, and surface boats. This device is unique by its artificial intelligence video analytics, which enable Automatic Target Recognition and Classification, Video Motion Detection, and better image processing.

The micro tactical ground robot market report table of contents includes: