Military Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global military robots market size reached US$ 17.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.0 Billion by 2028, exhibiting a growth rate (CAGR) of 11.35% during 2023-2028.
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.
Military Robots Market Trends:
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.
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 at the global, regional and country level from 2023-2028. Our report has categorized the market based on platform, application and mode of operation.
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
1. What was the size of the global military robots market in 2022?
2. What is the expected growth rate of the global military robots market during 2023-2028?
3. What are the key factors driving the global military robots market?
4. What has been the impact of COVID-19 on the global military robots market?
5. What is the breakup of the global military robots market based on the platform?
6. What is the breakup of the global military robots market based on the application?
7. What is the breakup of the global military robots market based on mode of operation?
8. What are the key regions in the global military robots market?
9. Who are the key players/companies in the global military robots market?
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