Overview and Scope
The military robots refer to robots specially designed for military applications. These are remotely controlled military robots for tasks such as transport, search, rescue, gunfire or attack, airborne and underwater surveillance, image capturing, bomb disposal, carrying wounded military personnel, and detecting mines.
Sizing and Forecast
The military robots market size has grown strongly in recent years. It will grow from <b>$20.39 billion in 2023 to $22.11 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. </b> The growth in the historic period can be attributed to military modernization, counter-terrorism and asymmetric warfare, safety of human troops, global conflicts.
The military robots market size is expected to see strong growth in the next few years. It will grow to <b>$30.84 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. </b> The growth in the forecast period can be attributed to autonomous system, swarm robotics, urban warfare, cross-domain integration. Major trends in the forecast period include artificial intelligence, human-robot collaboration, miniaturization and portability, counter-drone technology.
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Segmentation & Regional Insights
The military robots market covered in this report is segmented –
1) By Platform: Land, Marine, Airborne
2) By Payload: Sensors, Cameras, LCD Screens, Weapons, Radar, Others
3) By Application: ISR, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, Firefighting
4) By End User: Armed Forces, Homeland Securities
<b>North America</b> was the largest region in military robots market in 2023. <b>North America</b> is expected to be the fastest growing region in the global military robots market during the forecast period. The regions covered in the military robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security. The primary objective of the border patrol robots is to save the lives of security personnel deployed for border surveillance. Border patrol systems that utilize the PIR sensor for human detection and a metal detector for explosive detection can accurately detect border intrusions with minimum human involvement. The system also uses a wireless camera to continuously monitor the border. Based on the fact that autonomous military systems can cut down costs, improve effectiveness, enable more broad military operations, and most importantly, help keep security personnel out of harm, various countries are adopting military robots for border security. The increasing adoption of military robots by various countries, therefore, is expected to drive the military robot market growth.
Key Industry Players
Major companies operating in the military robots market include <b> Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment Inc, Irobot, Boston Dynamics, Thales Group, Turkish Aerospace Industries Inc., QinetiQ, Cobham PLC, Saab AB, Endeavor Robotics, Clearpath Robotics, Boeing, Energid Technologies, Recon Robotics, FLIR Systems Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd., Baykar, Textron Inc., ECA Group, IAI, Milrem Robotics, Nexter Robotics, Oshkosh Corporation, Rheinmetall AG, Roboteam, RUAG Group, Sarcos Robotics, Shark Robotics, ST Engineering, Telerob, Turkish Aerospace Industries </b>
The military robots market report table of contents includes:
1. Executive Summary
2.Military Robots Market Characteristics
3.Military Robots Market Trends And Strategies
4. Military Robots Market analysis
5.Military Robots Market Size And Growth
6. Military Robots Segmentation
7. Military Robots Regional And Country Analysis
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27.Military Robots Competitive Landscape And Company Profiles
28.Military Robots Key Mergers And Acquisitions
29.Military Robots Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Lockheed Marin Corporation
- Northrup Grumman Corporation
- General Dynamics Corporation
- BAE Systems
- Aerovironment Inc
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