The military robots market is projected to grow by USD 8.19 billion with a CAGR of 8.15% during the forecast period 2021 to 2026.
This military robots market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers military robots market segmentation by product (airborne military robots, naval military robots, and land-based military robots) and geography (North America, APAC, Europe, South America, and the Middle East and Africa). The military robots market report also offers information on several market vendors, including 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 among others.
What will the Military Robots Market Size be During the Forecast Period?
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Military Robots Market: Key Drivers, Trends, and Challenges
Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the military robots market. During the COVID-19 pandemic, the military robots market demand has been impacted greatly. A holistic analysis of drivers will help in predicting exact demands and refining marketing strategies to gain a competitive advantage.
Key Military Robots Market Driver
The strengthening of border surveillance and patrolling is one of the key factors driving the military robots market growth. Vendors such as Elbit Systems, BAE Systems, and Saab offer border surveillance and patrolling products. For instance, Elbit Systems offers Border Surveillance System (BSS), which provides real-time regional surveillance, early warning, and targeting and border-patrol mission management. These vendors continued to develop new products in 2020, despite the challenges encountered due to the outbreak of the COVID-19 pandemic globally. Therefore, such developments and the strengthening of border surveillance and patrolling systems will drive the growth of the market during the forecast period.
Key Military Robots Market Trend
The development of multi-mission robots is one of the key military robots market trends fueling the market growth. Military robots are increasingly designed to carry out multiple missions. Advances in technology and the miniaturization of electronic components have facilitated the operational flexibility of robots. Unlike humans, robots do not suffer physical and mental exhaustion. They are designed for greater endurance, including from the impact of bombs and weapons. Present-day robots are thus equipped with mission-specific modules and munitions to carry out a variety of tasks. A few of the major players in the market in focus have recently launched new multi-mission robots in the defense sector. For instance, in October 2020, General Dynamics launched Tracked Robot 10-Ton, or TRX, a new medium-class robotic combat vehicle. Therefore, the development of such robots will enhance the growth of the market during the forecast period.
Key Military Robots Market Challenge
Increased skepticism toward automated weapons systems is one of the key factors challenging the military robots market growth. All modern-day robots are not fully autonomous and require a considerable degree of human intervention to carry out their tasks. Advances in AI and related domains are enabling robots to mimic human actions, and manufacturers have been seeking ways to empower robots with decision-making skills. However, this has raised concerns about safety and accountability. If armed robots are developed to be fully autonomous, the risks of malfunction pose a serious threat to people. The concept of machine learning also raises questions about the decision-making abilities of robots, as they may not be foolproof. Thus, deploying fully autonomous armed military robots is a challenge and has become a much-debated topic.
This military robots market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global military robots market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the military robots market during the forecast period.
Who are the Major Military Robots Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 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.
- Thales Group
This statistical study of the military robots market encompasses successful business strategies deployed by the key vendors. The military robots market is fragmented, and the vendors are deploying growth strategies such as contract acquisitions, product and aftermarket service quality, reliability, and cost to compete in the market.
Product Insights and News
- teledyne.com - The company offers military robots such as FLIR UGS, a combat-proven robot.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this report provides a detailed analysis of several leading Companies.
Military Robots Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the military robots market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Military Robots Market?
For more insights on the market share of various regions Request PDF Sample now!
36% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for military robots market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Covert intelligence gathering will facilitate the military robots market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
The outbreak of COVID-19 had a positive impact on the regional market. Moreover, in the first half of 2021, lockdowns were removed due to the initiation of vaccination programs in North America, which resulted in the resumption of production activities and the restoration of supply chains for military robots. Hence, the regional demand for military robots is expected to grow during the forecast period.
What are the Revenue-generating Product Segments in the Military Robots Market?
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The military robots market share growth in the airborne military robots segment will be significant during the forecast period. For instance, the Bug is a lightweight and heavy-duty drone that can operate in uncompromising weather conditions and can be used as a datahub and listening device on a battlefield. In October 2020, Thales Group announced the launch of AirMaster C, the latest airborne surveillance radar, which has a 30% lower size, weight, and power than the other radars in its class. Such new product launches will drive market growth in the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the military robots market size and actionable market insights on the post-COVID-19 impact on each segment.
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Military Robots Market Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2021
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Forecast period
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2022-2026
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Growth momentum & CAGR
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Accelerate at a CAGR of 8.15%
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Market growth 2022-2026
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$8.19 billion
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Market structure
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Fragmented
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YoY growth (%)
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7.86
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Regional analysis
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North America, APAC, Europe, South America, and the Middle East and Africa
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Performing market contribution
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APAC at 36%
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Key consumer countries
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US, China, India, Russia, and Germany
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Competitive landscape
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Leading companies, Competitive Strategies, Consumer engagement scope
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Key companies profiled
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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
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Market dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Customization purview
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If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Request PDF sample
What are the Key Data Covered in this Military Robots Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive military robots market growth during the next five years
- Precise estimation of the military robots market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the military robots industry across North America, APAC, Europe, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of military robots market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Airborne military robots - Market size and forecast 2021-2026
- Exhibit 28: Chart on Airborne military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Airborne military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Airborne military robots - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Airborne military robots - Year-over-year growth 2021-2026 (%)
- 5.4 Naval military robots - Market size and forecast 2021-2026
- Exhibit 32: Chart on Naval military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Naval military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Naval military robots - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Naval military robots - Year-over-year growth 2021-2026 (%)
- 5.5 Land-based military robots - Market size and forecast 2021-2026
- Exhibit 36: Chart on Land-based military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Land-based military robots - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Land-based military robots - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Land-based military robots - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Product
- Exhibit 40: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Russia - Market size and forecast 2021-2026
- Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.11 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 AeroVironment Inc.
- Exhibit 93: AeroVironment Inc. - Overview
- Exhibit 94: AeroVironment Inc. - Business segments
- Exhibit 95: AeroVironment Inc. - Key news
- Exhibit 96: AeroVironment Inc. - Key offerings
- Exhibit 97: AeroVironment Inc. - Segment focus
- 10.4 Applied Research Associates Inc.
- Exhibit 98: Applied Research Associates Inc. - Overview
- Exhibit 99: Applied Research Associates Inc. - Product / Service
- Exhibit 100: Applied Research Associates Inc. - Key offerings
- 10.5 BAE Systems Plc
- Exhibit 101: BAE Systems Plc - Overview
- Exhibit 102: BAE Systems Plc - Business segments
- Exhibit 103: BAE Systems Plc - Key offerings
- Exhibit 104: BAE Systems Plc - Segment focus
- 10.6 Ekso Bionics Holdings Inc.
- Exhibit 105: Ekso Bionics Holdings Inc. - Overview
- Exhibit 106: Ekso Bionics Holdings Inc. - Business segments
- Exhibit 107: Ekso Bionics Holdings Inc. - Key offerings
- Exhibit 108: Ekso Bionics Holdings Inc. - Segment focus
- 10.7 Elbit Systems Ltd.
- Exhibit 109: Elbit Systems Ltd. - Overview
- Exhibit 110: Elbit Systems Ltd. - Product / Service
- Exhibit 111: Elbit Systems Ltd. - Key offerings
- 10.8 General Robotics Ltd.
- Exhibit 112: General Robotics Ltd. - Overview
- Exhibit 113: General Robotics Ltd. - Product / Service
- Exhibit 114: General Robotics Ltd. - Key offerings
- 10.9 Israel Aerospace Industries Ltd
- Exhibit 115: Israel Aerospace Industries Ltd - Overview
- Exhibit 116: Israel Aerospace Industries Ltd - Product / Service
- Exhibit 117: Israel Aerospace Industries Ltd - Key news
- Exhibit 118: Israel Aerospace Industries Ltd - Key offerings
- 10.10 L3Harris Technologies Inc.
- Exhibit 119: L3Harris Technologies Inc. - Overview
- Exhibit 120: L3Harris Technologies Inc. - Business segments
- Exhibit 121: L3Harris Technologies Inc. - Key news
- Exhibit 122: L3Harris Technologies Inc. - Key offerings
- Exhibit 123: L3Harris Technologies Inc. - Segment focus
- 10.11 Lockheed Martin Corp.
- Exhibit 124: Lockheed Martin Corp. - Overview
- Exhibit 125: Lockheed Martin Corp. - Business segments
- Exhibit 126: Lockheed Martin Corp. - Key news
- Exhibit 127: Lockheed Martin Corp. - Key offerings
- Exhibit 128: Lockheed Martin Corp. - Segment focus
- 10.12 Teledyne Technologies Inc.
- Exhibit 129: Teledyne Technologies Inc. - Overview
- Exhibit 130: Teledyne Technologies Inc. - Business segments
- Exhibit 131: Teledyne Technologies Inc. - Key news
- Exhibit 132: Teledyne Technologies Inc. - Key offerings
- Exhibit 133: Teledyne Technologies Inc. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources
- 11.5 List of abbreviations
- Exhibit 140: List of abbreviations
- in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.
- slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.
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