Press release
Military Robots Market Worldwide Analysis on Revenue, Segmentation and Key Players
The report "Military Robots Market by Type (Land, Marine, Airborne), Application, System, Deployment Method, Range, End User (Defense, Homeland Security), Mode of Operation, Propulsion and region - Global Forecast to 2025", size is projected to grow from USD 14.5 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. Drivers for this market include the increasing use of robots for mine countermeasures and the increasing use of UAVs in life-threatening missions.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245516013
Based on the application, the intelligence, surveillance, and reconnaissance subsegment of the land military robots market is expected to account for the largest share during the forecast period.
Based on application, the intelligence, surveillance, and reconnaissance (ISR) subsegment of the land military robots market is expected to account for the largest share during the forecast period. ISR is one of the major applications of military robots. UAVs, UGVs, USVs, ROVs, and AUVs are extensively used in ISR applications. Small UGVs are mainly used in the military sector to provide battlefield intelligence. Currently, armed forces worldwide no longer rely on human scouts instead use small robots, which can remain almost invisible to the enemy
The Autonomous Underwater Vehicles (AUV) subsegment of the marine military robots market is projected to grow at the highest CAGR from 2020 to 2025.
By platform, the AUV market subsegment is expected to register the highest CAGR during the forecast period due to its use for applications such as undersea surveillance, mine countermeasures, anti-submarine warfare, security, detection, and inspection. Presently, the operational capabilities of ROVs have increased. They are widely used for mine countermeasures, wherein tethered ROVs are indispensable for ships or deep-sea divers. Data is collected in ROVs by sensors, cameras, sonar, and echo sonar systems. In addition, various programs have been undertaken to develop a recovery technology for untethered vehicles used to undertake search and rescue operations underwater.
“The Europe military robots market is projected to grow at the highest CAGR during the forecast period.”
The Europe military robots market is projected to grow at the highest CAGR from 2020 to 2025. The growth of the market in this region can be attributed to the increasing deployment of UAVs for surveillance, robots for coastal patrol and mine detection & clearing activities, the use of unmanned ground vehicles to assist soldiers among others. Russia, the UK, France, and Germany are key countries using military robots to a large extent.
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Key players profiled in the military robots market include FLIR Systems, Inc. (US), BAE Systems (UK), Saab AB (Sweden), QinetiQ (UK) Lockheed Martin Corporation (US), General Dynamics Corporation (US) among others.
This report segments and analyzes the military robots market during the forecast period. The market has been classified based on Type (Land, Marine, Airborne), Platform, Application, System, Deployment Method, Range, End User (Defense, Homeland Security), Mode of Operation (Human Operated, Autonomous), Propulsion (Electric, Mechanical, Hybrid), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America)
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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