Ongoing Global Conflicts Facilitating Growth in Global Military Robot Market
• Major vendors like China's Chengdu Aircraft Corp. are expanding their UAV to produce new unmanned combat vehicles.
Military robots are remote-controlled devices designed for use in the Defense sector, specifically for areas where climatic conditions are extreme or where the front line is unpredictable and hostile. They are used in gathering information, surveillance, and patrolling.
The Syrian civil war, the conflict in Lebanon, the India-Pakistan stalemate over Kashmir, the ongoing Israel-Palestine conflict, and the conflict between Russia and Ukraine over Crimea are all areas where tension across borders has led to an increase in the demand for military robots.
According to Faisal Ghaus, Vice President of TechNavio, these conflicts will have a significant impact on market growth over the forecast period.
“Internationally, the increased threat of terrorism, the emergence of countries with nuclear capabilities, and the conventional military threats have led to an increase in the demand for defense products and homeland security solutions,” says Ghaus.
As UAVs are used as force multipliers, to perform surveillance, gather intelligence, carry out reconnaissance missions, for target recognition and damage assessment, and to engage in electronic warfare, ongoing conflicts will necessitate the need for technology advancement in this area, which will in turn spur market growth.
In fact, the increase in demand for unmanned aerial vehicles (UAVs) has resulted in high pressure on manufacturers to update their technology or manufacture new UAVs. For instance, China's Chengdu Aircraft Corp. has expanded its UAV production line to manufacture new unmanned combat aerial vehicles and new vertical takeoff UAVs. In October 2013, the company introduced its new twin-engine flying UAV, the VD200, which takes off vertically and lands on its vertical stabilizers.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Military Robot Market please send an e-mail to media@TechNavio.com.
TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.
We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.
Follow us on Twitter @TechNavio
Like us on Facebook
Follow us on LinkedIn
Connect with us on Google+
Media and Marketing Executive
+1 416 642 4944; +44 208 123 1770
8 Wimpole Street
W1G 9SP London
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ongoing Global Conflicts Facilitating Growth in Global Military Robot Market here
News-ID: 286678 • Views: 3813
More Releases from Technavio
Technavio: Global Automotive Start-stop System Market
June 15, 2017 - Technavio’s latest report on the global automotive start-stop system market provides an analysis of the most important trends, drivers, and challenges expected to impact the market outlook from 2017-2021. This market research report includes up to date analysis, share breakdown, and projections for various application, end-user, product, distribution, and geographical segments. The report also provides an in-depth vendor landscape, covering various large and small stakeholders in
On Premise Models Taking a Backseat in the Global SaaS-based Enterprise Resource …
TechNavio, the independent tech-focused global research firm, shows the Global SaaS-based Enterprise Resource Management (ERP) Market is projecting healthy growth, with a CAGR of 13.80 percent from 2013-2018. Convenience and a need for energy conservation are the main factors driving this growth. On-premise ERP requires at least 12-36 months for installation, whereas SaaS-based ERP requires an average of just two to three weeks for installation. And since all support is outsourced,
Location-Based Search and Advertising Market in the US is Booming: TechNavio Res …
A recently released report from TechNavio, the independent tech-focused global research firm, shows the popularity of mobile devices and media is spurring major growth in the Location-Based Search and Advertising Market in the US, which is projecting a healthy CAGR of 43.01 percent from 2013-2018. Location-based services (LBS) use location, determined by a user's mobile device, to search for and promote products and services near the user. Location-based advertising is based
TechNavio Publishes New Research Report on the Cloud Computing Market in Latin A …
TechNavio, the independent tech-focused global research firm, has published a new market research report on the Cloud Computing Market in Latin America, which is projecting a CAGR of 26.1 percent from 2013-2018. The report covers key factors driving uptake of cloud computing services in Argentina, Mexico and Brazil. According to TecNavio, factors like adoption of virtualization are influencing uptake of SaaS, IaaS and PaaS-based cloud services. “Virtualization is essential for increasing IT
More Releases for UAV
Global Unmanned Aerial Vehicle Market (UAV)
Global Unmanned Aerial Vehicle Market (UAV) – Industry Analysis and Forecast (2018-2026) – By UAV Type, Application, Class, System, MTOW, Mode of Operation, Range, Point of Sale and Region. Global Unmanned Aerial Vehicle Market (UAV) was valued at US$ 20.68 Bn in 2017 and is expected to reach US$ 59.82 Bn by 2026, at a CAGR of 14.20 % during a forecast period. Global Unmanned Aerial Vehicle Market (UAV) The objective of the
Nano UAV Global Information 2019
Press Release – 29 Jan 2019 Research and Development News -- . . Latest Update "Global Nano UAV Market Research Report 2019" with Industries Survey | Global Current Growth and Future. ' ' The global Nano UAV market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Nano UAV volume and value at global level,
Global Multirotor UAV Market Report Till 2022
MarketStudyReport.com Add New World Multirotor UAV Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc) to its research database presenting an informative study covering the market with detailed analysis. The report will assist reader with better understanding. The report spread across 111 pages with table and figures in it. The Report Multirotor UAV Market research report provides the newest industry data and industry future trends,
UAV Drones Market Report 2018
Global UAV Drones market intervention conducted by the research team to access information through various techniques. The UAV Drones data gathered here are being authenticated until the research is at the final point. Through this, the superiority and quality of the content provided in the UAV Drones report are being labeled as well data and UAV Drones statistics are made available are up to the mark and accurate. The
The Global Military UAV Market 2017-2027
"The Report The Global Military UAV Market 2017-2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Military UAV Market The global military UAV market will be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world.Significant UAV customers include countries in the North American and Asia Pacific region, and the
Unmanned Aerial Vehicles (UAV) are aircrafts or drones that are remotely piloted from over a certain distance. Solar-powered UAV makes use of solar energy that is transformed into electrical energy with the help of photovoltaic cells. The electrical energy is then converted into kinetic energy which facilitates the movement of UAV. Solar-powered UAV are used in civil as well as military applications. Civil applications of solar-powered UAV are professional aerial