Military Robots Market Overview & Analysis By 2027 |Northrop Grumman Corporation, BAE Systems, FLIR Systems, Inc., Raytheon Technologies, IAI, Leonardo

Military robots market in Asia Pacific is estimated to register substantial gains over the coming years owing to increasing defense expenditure in the region. In this regard, India and China are the two major economies wherein the defense budget has increased significantly due to increasing cross border conflicts. Besides, various government are also working in partnership with market players which is positively influencing the business space. Citing an instance, in 2019, the U.S. government collaborated with the Government of India for developing and incorporating small air-launch UAVs for defense applications.

The recent COVID-19 crisis has slowed down the industrial operations and reduced the development opportunities. in the field of robotics. As a result, various economies across the world have reduced the funding towards the defense industry and have increased investment in healthcare services. In 2021, various government organizations are expected to concentrate on manufacturing and deploying indigenously developed unmanned aerial, naval and ground systems for reducing dependencies on foreign companies

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As the economies around the world are focusing on bolstering their defense and military operations on account of rising cross border conflicts and geo-political tensions, demand for top-notch military solutions is enormously increasing. This has instigated the adoption of military robotic systems owing to their ability to provide advanced combat services for defense and homeland security. Considering the significance of these robots for defense applications, military robots market is estimated to witness a meritorious growth over the ensuing years.

Based on the mode of operation bifurcation, automated military robots segment is expected to observe an appreciable growth over the upcoming years. The growth can be credited to extensive application of these robots across several homeland security departments and defense agencies. In addition, these robots play a significant role in providing precise location and are useful in surveillance in applications such as combat, search & rescue, Explosive Ordnance Disposal (EOD) as well as mine clearance.

Land-based military robots had held a substantial share in the overall market during 2020 and is expected to grow exponentially over the upcoming years. This can be credited to emerging technological competencies in military and defense forces. For example, the Unmanned Ground Vehicles (UGVs) that are a combination of advanced computer technology, processors and AI are majorly used for performing military operations in place of human soldiers in chemical, biological and hazardous environments.

Besides, key players operating in the military robots market such as Lockheed Martin Corporation, BAE Systems, Leonardo S.p.A., FLIR Systems, Inc., Northrop Grumman Corporation, IAI, Boeing, Kratos Defense & Security Solutions, Inc., etc. are also focusing on strategic mergers, collaborations and new product development to gain strong foothold in the market. For instance, in 2021, FLIR Systems, Inc. received another USD 30.1 million contract from the United States Army for continuing sustainment support for Man Transportable Robotic System Increment II as well as Common Robotic System-Heavy ground robot programs.

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Partial Chapter of the Table of Content
Chapter 4 Competitive Landscape
4.1 Introduction
4.2 Company market share analysis
4.3 Key player analysis
4.4 Competitive analysis of major market players
Chapter 5 Military Robots Market, By Platform (Revenue & Shipment)
5.1 Key trends by platform
5.2 Aerial
5.2.1 Market estimates and forecast, 2016 – 2027
5.3 Naval
5.3.1 Market estimates and forecast, 2016 – 2027
5.4 Land-based
5.4.1 Military Robots Market estimates and forecast, 2016 – 2027
Chapter 6 Military Robots Market, By Mode of Operation (Revenue & Shipment)
6.1 Key trends by mode of operation
6.2 Automated
6.2.1 Market estimates and forecast, 2016 – 2027
6.3 Human-operated
6.3.1 Military Robots Market estimates and forecast, 2016 – 2027

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