Registering a CAGR of 7.6% over the forecast period of 2022-2027, the global Military Autonomous Robot market is anticipated to reach the market value of US$ 34,618.14 million from US$ 17,556.51 million in the year 2021.
Military Autonomous robots are autonomous or remote-controlled machines planned specifically for military applications such as surveillance, search and rescue, as well as transportation. Robot deployments in current battles are maintained by the changing nature of warfare and the high costs and soldier casualties. High soldier fatalities in the past wars have high concerns and resulted in various governments capitalizing on new robotic systems to maintain a fleet of UUVs, UAVs, and UGVs for critical mission operations.
The nexus of RAS and artificial intelligence (AI) has likely to changed the nature of warfare. RAS offers the possibility of a wide range of platforms, not just weapons organizations, potentially reducing the risks to soldiers resulting in a generation of less-expensive ground systems. The application and sales of military autonomous systems are likely to grow exponentially in the future as armies continue to develop and invest in the technology. Some military experts trust that not only will combat robots be a reality soon, but robots will outnumber actual service personnel in the US Army by 2025.
Integration of technologies such as artificial intelligence, real-time data monitoring, and the Internet of Things (IoT) in military Autonomous robots has drastically changed modern warfare dynamics. Soldiers' uncertain threat could be easily identified and monitored through AI-integrated robots on air, ground, and sea platforms. These robots are used to track, record, and perform required counter-attacks on the targets located far away from the soldiers. This is also known as intelligence, surveillance, and reconnaissance (ISR) activity through robots.
The Military Autonomous Robot Market is rising at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for numerous end users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Lockheed Martin Corporation (NYSE:LMT), Northrop Grumman Corporation (NYSE:NOC), BAE Systems plc (BA.L), SAAB, Boston Dynamics, Thales Group, General Dynamics, FLIR, QinetiQ Group, Roboteam, Milrem Robotics, General Robotics, Israel Aerospace Industries, Turkish Aerospace Industries, Rostec, Samsung Techwin, SIASUN, HCD GROUP
Recent Developments
In December 2021, General Atomics exposed a new drone called the Mojave that can carry 16 Hellfire missiles and take off from a dirt road or even an aircraft carrier.
In September 2021, the Israeli state-owned company Israel Aerospace Industries presented the REX MKI robot. The remote-controlled armed four-wheel-drive robot can patrol battle zones, track infiltrators and open fire. It is operated by an electronic tablet and can be equipped with two machine guns, cameras, and sensors.
By Type, it is segmented into
By Applications it is segmented into
Asia Pacific is anticipated to grow exponentially in the coming years. This is mainly due to China’s investment in military programs for air, land, and sea defense. China and India emphasize investing in emerging technologies such as artificial intelligence and nanotechnology that will fundamentally change military robots' capabilities. North America is expected to grow significantly during the forecast period due to a considerable number of suppliers and electronic component providers and government interest to invest in research & development activities deliberately.
The Military Autonomous Robot Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Military Autonomous Robot Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.6% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Lockheed Martin Corporation (NYSE:LMT), Northrop Grumman Corporation (NYSE:NOC), BAE Systems plc (BA.L), SAAB, Boston Dynamics, Thales Group, General Dynamics, FLIR, QinetiQ Group, Roboteam, Milrem Robotics, General Robotics, Israel Aerospace Industries, Turkish Aerospace Industries, Rostec, Samsung Techwin, SIASUN, HCD GROUP |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Military Autonomous Robot Market is studied from 2017 - 2027.
What is the growth rate of Military Autonomous Robot Market?
The Military Autonomous Robot Market is growing at a CAGR of 7.6% over the next 5 years.
Who are the leading key players in Military Autonomous Robot Market?
Lockheed Martin Corporation (NYSE:LMT), Northrop Grumman Corporation (NYSE:NOC), BAE Systems plc (BA.L), SAAB, Boston Dynamics, Thales Group, General Dynamics, FLIR, QinetiQ Group, Roboteam, Milrem Robotics, General Robotics, Israel Aerospace Industries, Turkish Aerospace Industries, Rostec, Samsung Techwin, SIASUN, HCD GROUP
What regions regions does this Military Autonomous Robot Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Military Autonomous Robot Market?
Land Military Robotics, Airborne Military Robotics, Naval Military Robotics
What are the significant Applications of Military Autonomous Robot Market?
Reconnaissance Mission, Assault Mission, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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