Military Robots Market Share, Size, Growth and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Military Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global military robots market grew at a CAGR of around 12% during 2014-2019 and is expading at a CAGR of more than 10% during 2020-2025. A military robot refers to a human-operated or automated mechanical device that is used for Intelligence, Surveillance and Reconnaissance (ISR) activities on land, water and air. The robots are specifically configured for military functions and are equipped with global positioning systems (GPS), Light Detection and Ranging (LIDAR) systems and fiber optics tethers to transform, receive and forward information to various endpoints. They are also used for operations involving search and rescue, combat support, transportation, mine clearance and firefighting. Some of the commonly used military robots, such as Unmanned Security Vehicles (USVs), are equipped with sensors, video and thermal cameras, microphones and two-way radios. They provide backup against heavy artillery and can also be used to rescue injured soldiers or troops from the battlefield.

Global Military Robots Market Trends and Drivers:

The market is primarily being driven by an alarming increase in terrorism across the globe. In line with this, the growing requirement for efficient military robots that can perform hazardous tasks and can be deployed in life-threatening situations to minimize the casualties of soldiers is further facilitating the demand for military robots. Significant advancements in robotics and automation technologies are acting as another major growth-inducing factor. For instance, the integration of artificial intelligence (AI) has enabled the production of military robots with advanced monitoring, targeting and information gathering systems.

Governments of both emerging and developed nations are investing significantly to improve their existing security infrastructure. Initiatives are continually being undertaken to equip air, marine and land forces with advanced security solutions, such as wheeled, tracked and legged robots, wearable robots, Remotely Operated Underwater Vehicles (ROVs) and Unmanned Combat Aerial Vehicle (UCAV). Other factors, including increasing investments in the defense sector and the implementation of various military modernization programs, are projected to drive the market in the coming years. Looking forward, IMARC Group expects the global military robots market to experience strong growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global military robots market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on platform, application, operation and region.

Breakup by Platform:

Land Robots
- Wheeled
- Tracked
- Legged
- Wearable
Marine Robots
- Unmanned Surface Vehicles (USVs)
- Autonomous Underwater Vehicles (AUVs)
- Remotely Operated Underwater Vehicles (ROVs)
Airborne Robots
- Small UAV
- Strategic UAV
- Tactical UAV
- Unmanned Combat Aerial Vehicle (UCAV)

Breakup by Application:

Intelligence, Surveillance and Reconnaissance (ISR)
Search and Rescue
Combat Support
Transportation
EOD
Mine clearance
Firefighting
Others

Breakup by Mode of Operation:

Human Operated
Autonomous

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Bae Systems, Boston Dynamics, Cobham Plc, Elbit Systems Ltd., Endeavor Robotics (iRobot), General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Qinetiq, Saab AB, etc.

Key Questions Answered in This Report:

How has the global military robots market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global military robots market?
What is the breakup of the market based on the platform?
What is the breakup of the market based on the application?
What is the breakup of the market based on the mode of operation?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global military robots market and who are the key players?
What is the degree of competition in the industry?