The Rise of Robotic and Autonomous (RAS) Systems in Military Forces

In its recent research market study, BIS Research analysts predicted the global military robotic and autonomous systems market to reach the market size of $26.13 billion in 2025 from $8.76 billion in 2019, at a CAGR of 20.75% during the forecast period 2020-2025.

Read Report Overview: https://bisresearch.com/industry-report/military-robotic-autonomous-systems-market.html

Classified based on platform, operation mode, application, and region, the research study offers a wide perspective around the different types of unmanned platforms pertaining to the military robotic and autonomous market and providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews and secondary research, along with the analytical tools that have been used to build the forecast and the predictive models.

The global market for military robotic and autonomous systems is favored by several factors that include the impending need for modernization of defense forces with advanced unmanned systems and replacement of robotic platforms with humans to carry dull, dirty, and dangerous tasks.

Based on the type of platform, the unmanned aircraft systems sector is expected to dominate the global market during 2019-2025 due to numerous high budget programs such as Global Hawk, Triton System, NATO AGS program, and other ongoing programs related to unmanned aircraft system running across different countries.

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In terms of region, the North American region is estimated to dominate the global market with a share of 45.85% in 2019. The Asia-Pacific region, which includes China, India, Japan, and South Korea, is the second most prominent region due to the constant efforts by the governments for strengthening and modernizing their defense forces with advanced unmanned systems.

The prominent players in the market have adopted strategies of product launches, mergers and acquisitions, partnerships and collaborations, contracts, and other strategies to expand their business. Leading market players actively participating in the military robotic and autonomous systems market include BAE Systems, Lockheed Martin Corporation, Northrop Grumman Corporation, Israel Aerospace Industries ltd., and L3 Harris Technologies Inc., among others.

Key Questions Answered in the Report:

• What are the key trends in the military robotic and autonomous systems market across different regions?

• What are the major impacts of COVID-19 in the military robotic and autonomous systems market?

• What are the major driving forces that tend to increase the demand for military robotic and autonomous systems during the forecast period 2020-2025?

• What are the major challenges inhibiting the growth of the military robotic and autonomous systems market?

• What was the total revenue generated in the global military robotic and autonomous systems market by type in 2019?

• Which military robotics and autonomous systems (by platform type), such as unmanned aircraft systems, unmanned ground and robotic systems, unmanned maritime systems, is expected to dominate the market in the coming years?

• Which military robotic and autonomous systems (by application), such as intelligence, surveillance, and reconnaissance (ISR); combat operation; target acquisition; logistics; mine clearance, explosive ordinance disposal (EOD), chemical, biological, radiological and nuclear (CBRN), infantry support, and others is expected to dominate the market in the coming years?

• What was the total revenue generated by the global military robotic and autonomous systems market across different regions (North America, Europe, Asia-Pacific, and Rest-of-the-World in 2019, and what are the estimates for 2025?

• Who are the key players in the global military robotic and autonomous systems market, and what are the new strategies adopted by them to make a mark in the industry?

• What major opportunities do the defense companies foresee in the next five years related to military robotic and autonomous systems?

• What is the competitive strength of the key leading players in the military robotics and autonomous systems market?

Related Reports:

• Global Military Unmanned Aircraft Systems Market - https://bisresearch.com/industry-report/military-unmanned-aircraft-systems-market.html

• Global Ground Defense System Market - https://bisresearch.com/industry-report/ground-defense-system-market.html

• Global Unmanned Ground Vehicle Market - https://bisresearch.com/industry-report/unmanned-ground-vehicle-market.html

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About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

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This release was published on openPR.