Global Military Robots Market 2024-2028

Global Military Robots Market 2024-2028

Global Military Robots Market 2024-2028

The military robots market is forecasted to grow by USD 8616.7 mn during 2023-2028, accelerating at a CAGR of 8.51% during the forecast period. The report on the military robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strengthening of border surveillance and patrolling, advances in naval warfare domain, and increasing robots use in locations of CBRN (chemical, biological, radiological, and nuclear) attacks.

Technavio's military robots market is segmented as below:

• By Product
• Airborne military robots
• Naval military robots
• Land-based military robots
• By Geographical Landscape
• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the development of multi-mission robots as one of the prime reasons driving the military robots market growth during the next few years. Also, integration of weapons systems into robots and development of humanoid robots will lead to sizable demand in the market.

The report on the military robots market covers the following areas:

• Military robots market sizing
• Military robots market forecast
• Military robots market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military robots market vendors that include AeroVironment Inc., Applied Research Associates Inc., BAE Systems PLC, Bayonet Ocean Vehicles, Cobham Ltd., Ekso Bionics Holdings Inc., Elbit Systems Ltd., General Dynamics Corp., General Robotics Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Milanion Ltd, M-Tecks Robotics, Northrop Grumman Corp., QinetiQ Ltd., Robo-Team Defense Ltd., Saab AB, Teledyne Technologies Inc., and Thales Group. Also, the military robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.