Military Robots Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46607
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The military robots market size has the potential to grow by USD 6.55 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.06%. 

This report provides a detailed analysis of the market by product (airborne military robots, naval military robots, and land-based military robots), geography (North America, APAC, Europe, MEA, and South America), and key vendors. 

Market Overview

Military-Robots-Market-Size

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • BAE Systems Plc
  • Boston Dynamics Inc.
  • Elbit Systems Ltd.
  • General Dynamics Corp.
  • Israel Aerospace Industries Ltd.
  • Lockheed Martin Corp.
  • Northrop Grumman Corp.
  • Saab AB
  • Thales Group
  • Turkish Aerospace Industries Inc.

 

The military robots market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the advances in the naval warfare domain to achieve growth opportunities. However, factors such as increased skepticism toward automated weapons systems will challenge the growth of the market participants. To make the most of the opportunities and recover from 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.

Download a free sample of the military robots market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This military robots market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Military Robots Market: Key Drivers and Trends

  • Advancements in the naval warfare domain is one of the key drivers that will stimulate growth in the military robots market during the estimated period.
  • The increasing rate of militant intrusions or attacks has compelled many countries to take measures to protect the surrounding territorial waters and maritime borders.
  • Manufacturers are encouraged to increase their investments towards the enhancement of the offensive and defensive capabilities of their naval fleets. 
  • This results in the development and deployment of military robots.
  • The development of multi-mission robots is one of the key trends that will gain traction in the global military robots market in the forthcoming years.
  • Military robots can now carry out multiple missions due to technological advancements and the miniaturization of electronic components.
  • They offer greater endurance from the impact of bombs and weapons. These robots can perform a wide range of missions like ISR, explosive ordinance disposal (EOD), and special weapons and tactics (SWAT).

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Military Robots Market: Segmentation by Geography

Military-Robots-Market-Market-Share-by-Region-2020-2025

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44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for military robots in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growing demand for technologically advanced systems in military operations is one of the prime factors that will facilitate the military robots market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Military Robots Market: Segmentation by Product

Military-Robots-Market-Market-Share-by-Product-2020-2025

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The airborne military robots segment comprises unmanned aerial vehicles that can function without a human on board. Defense agencies are increasingly focusing on the enhancement of their intelligence, surveillance, and reconnaissance (ISR) capabilities due to the ongoing territorial disputes between countries. This encourages them to tighten their security and surveillance capabilities by investing in the development and procurement of next-generation UAV platforms. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the military robots market size. Fetch actionable market insights on post COVID19 impact on each segment.   

 

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Military Robots Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • 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, MEA, and South America
  • 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

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The military robots market growth will increase by $6549.46 million during 2020-2025.
The military robots market is expected to grow at a CAGR of 7.06% during 2020-2025.
Technavio has segmented the military robots market by product (Airborne military robots, Naval military robots, and Land-based military robots) and geographic (North America, APAC, Europe, MEA, and South America).
BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Saab AB, Thales Group, Turkish Aerospace Industries Inc. are a few of the key vendors in the military robots market.
APAC will register the highest growth rate of 44.22% among the other regions. Therefore, the military robots market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Russian Federation
  • India
  • Germany
The key factors driving the military robots market growth are:
  • Strengthening of border surveillance and patrolling
The military robots market vendors should focus on grabbing business opportunities from the airborne military robots segment as it accounted for the largest market share in the base year.
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