Military Robots Market Size and Forecast 2020-2030 | Industry Overview, Latest Trends and Growth Analysis | Covid 19 Growth And Change

The Business Research Company offers "Military Robots Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global military robots market is expected to decline from $19.19 billion in 2019 and to $18.68 billion in 2020 at a compound annual growth rate (CAGR) of -2.66%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $25.28 billion in 2023 at CAGR of 10.61%.

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The global military robots market consists of sales of robots designed for military applications. The market consists of revenue generated by the establishments by the sales of remotely controlled military robots that are designed for tasks such as transport, search, rescue, gunfire/attack, airborne and for underwater surveillance, image capturing, bomb disposal, carry wounded military personnel, and detect mines.

The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security. The primary objective of the border patrol robots is to save the lives of security personnel deployed for border surveillance. Border patrol systems that utilizes the PIR sensor for human detection and a metal detector for explosive detection, can accurately detect the border intrusion with minimum human involvements. The system also uses a wireless camera to continuously monitor the border. Based on the facts that autonomous military systems can cut down cost, improve effectiveness, enable more broad military operations, and importantly help keep security personnel out of harm, various countries are adopting military robots for border security. The increasing adoption of military robots by various countries, therefore, is expected drive the military robot market growth.

Military Robots Market Segmentation: -
By Platform
Land
Marine
Airborne

By Application
ISR
Search and Rescue
Combat Support
Transportation
EOD
Mine Clearance
Firefighting

By Payload
Sensors
Cameras
LCD Screens
Weapons
Radar
Others

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Few Points From Table Of Content
1. Executive Summary
2. Military Robots Market Characteristics
3. Military Robots Market Size And Growth
4. Military Robots Market Segmentation
5. Military Robots Market Regional And Country Analysis
......
25. Military Robots Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Military Robots Market
27. Military Robots Market Trends And Strategies
28. Military Robots Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Military Robots Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Military Robots Market are Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment, Inc, Irobot, Boston Dynamics, Thales Group, Elbit Systems Ltd, Turkish Aerospace Industries Inc.

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