Global Military Robots Market Competitive landscape By Northrop Grumman Corporation, Lockheed Martin Corporation, QinetiQ,ENDEAVOR ROBOTICS,Cobham plc & Others

Global military robots market is driven by the use of robots for a new range of military applications and military modernization programs, global military robots market registering a healthy CAGR of 13.40% in the forecast period of 2019-2026.

This military robots market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. Market definition covered in this military robots report studies the market drivers and market restraints with which businesses can get idea of whether to increase or decrease the production of a particular product. The systematic study of this military robots market report helps in planning development strategies to increase deals and assemble brand picture in the market. This report has been designed in such a way that it provides very evident understanding of the business environment and semiconductors&electronics industry.

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Major Market Competitors/Players:

Few of the major competitors currently working in the global military robots market are Northrop Grumman Corporation, Lockheed Martin Corporation, QinetiQ, ENDEAVOR ROBOTICS, INC., Cobham plc, General Dynamics Corporation, Elbit Systems Ltd., UAV Factory, Rafael Advanced Defense Systems Ltd., AeroVironment, Inc., IMI Systems Ltd., BAE Systems., Saab AB., Boeing., and others.

Key Developments in the Market

In February 2019, FLIR Systems, Inc. announced that they have acquired Chelmsford so that they can meet the endeavor robots demand because they taking place of soldiers in dangerous situations .This will benefit FLIR to enter into attractive unmanned ground vehicles market for military and advance algorithms that use AI and machine learning and provide public safety.
In February 2016, iRobot a U.S. based well known consumer robotics vendor sells its defense and security division to Arlington Capital Partners as they want to focus on its domestic robots market, add on new product range in the market, continue their expansion in china and plans to further expand this niche market only.

Market Drivers:

Development of artificial intelligence and modern technology drives the market of military robots
Increasing terrorism activities worldwide is another factor driving the growth of the market
Increase in perfection due to replacement of soldiers with robots is also driving the market growth
These robots are designed to provide excellent service at situation like hazardous and extreme environments without any hassle, contributing in the industrial development

Market Restraints:

Decline in defence budget in developed economies across the globe acts as restraints for the industry
High cost of procurement and maintenance cost for the robots

Competitive Analysis: Global Military Robots Market

Global military robots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of military robots market for global, Europe, North America, Asia-Pacific and South America.

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Segmentation: Global Military Robots Market

By Platform

Land Robots
Wheeled
Tracked
Legged
Wearable
Marine Robots
Unmanned Surface Vehicles (USV)
Autonomous Underwater Vehicles (AUV)
Remotely Operated Vehicles (ROV)
Airborne Robots
Small UAV
Tactical UAV
Strategic UAV
Unmanned Combat Aerial Vehicle (UCAV)

By Payout

Sensor
Radar
Weapon
Others

By Application

Intelligence, Surveillance and Reconnaissance (ISR)
Search and Rescue
Combat Support
Transportation
Explosive Ordnance Disposal (EOD)
Mine Clearance
Firefighting
Warfield
Others

By End user

Military Market
Homeland Security Market

By Mode of Operation

Human Operated
Tethered
Untethered
Remotely Operated
Tele operated
Autonomous
Fully Autonomous
Semi-Autonomous

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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