Press release
Global Micro Tactical Ground Robot Market Comprehensive Study: Forecasted Market Size And Growth Rate | The Boeing Company, Clearpath Robotics Inc., iRobot Corporation, Northrop Grumman Corporation, Perrone Robotics Inc
Micro Tactical Ground Robot Market Characteristics
The Business Research Company offers in-depth market insights through Micro Tactical Ground Robot Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The micro tactical ground robot market size has grown rapidly in recent years. It will grow from $4.46 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to military modernization, counter-terrorism operation, urban warfare needs, increase in law enforcement applications, budget allocations..
The micro tactical ground robot market size is expected to see rapid growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to humanitarian and disaster response, investment in r&d, rise in law enforcement applications, security and surveillance needs, urbanization challenges.. Major trends in the forecast period include miniaturization and portability, increased autonomy, multi-mission capabilities, enhanced sensor technology, interoperability and connectivity..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=9354&type=smp
Market Segmentation:
The micro tactical ground robot market covered in this report is segmented -
1) By Mode of Operation: Tethered, Tele-operated, Semi-autonomous, Autonomous
2) By Platform: Airborne, Land-Based, Naval
3) By Application: Intelligence, surveillance, and reconnaissance, Law enforcement, Explosive ordinance disposal, Chemical, biological, radiological, nuclear and explosives (CBRNE) and hazardous material (HAZMAT), Other Applications
Major Driver - Rising Defense Expenditure Drives The Micro Tactical Ground Robot Market
An increase in defense expenditure is expected to propel the growth of the micro tactical ground robot market going forward. The defense budget is the amount of the federal budget devoted to defense, which pays for personnel, training, and medical expenses, in addition to the maintenance and acquisition of weapons and equipment. The increased defense spending can lead to increased investment in military technology, such as micro tactical ground robots, which can lead to increased demand for such robots. For instance, in April 2022, according to a report published by the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute, global military spending surpasses $2 trillion. Total global military spending increased by 0.7% in real terms in 2021, reaching $2113 billion. In 2021, spending will rise for the seventh consecutive year. Russia upped its military budget by 2.9% to $65.9 billion in 2021 as it strengthened its forces along the Ukrainian border. China is expected to spend $293 billion on its military forces in 2021, a 4.7% increase over the previous year. Therefore, an increase in defense expenditure is driving the growth of the micro tactical ground robot market.
Competitive Landscape:
Major companies operating in the micro tactical ground robot market report are The Boeing Company, Clearpath Robotics Inc., iRobot Corporation, Northrop Grumman Corporation, Perrone Robotics Inc., QinetiQ Group plc, ReconRobotics Inc., Robo-Team Ltd., Robotnik Automation S.L.L., Thales SA, BAE Systems plc, Elbit Systems Ltd., Cobham Ltd., Endeavor Robotics Inc., General Dynamics Corporation, Lockheed Martin Corporation, Telerob GmbH, ECA Group, MacroUSA Corporation, SuperDroid Robots Inc., Autonomous Solutions Inc., Robotic Research LLC, Milrem Robotics, Nexter Robotics, Rheinmetall AG, Safran Electronics & Defense, FLIR Systems Inc., L3Harris Technologies Inc., Textron Systems Corporation, Oshkosh Corporation .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/micro-tactical-ground-robot-global-market-report
Top Trend - Product Innovations Propelling Growth In The Micro Tactical Ground Robot Market
Product innovations are a key trend for gaining popularity in the micro tactical ground robot market. Major companies operating in the micro tactical ground robot market are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2022, Elbit Systems Ltd., an Israel-based defense electronics firm involved in a wide range of defense, homeland security, and commercial programs, introduced COPAS-L, a new electro-optical (EO) payload for intelligence, surveillance, target acquisition, and reconnaissance (ISTAR). The new product has compact dimensions and weighs just 40 kg, and it enables light platforms with AFV-level ISTAR capabilities and cameras with infrared lasers, such as light tactical vehicles, UGVs, and surface boats. This device is unique by its artificial intelligence video analytics, which enable Automatic Target Recognition and Classification, Video Motion Detection, and better image processing.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Micro Tactical Ground Robot Market Characteristics
3. Micro Tactical Ground Robot Market Trends And Strategies
4. Micro Tactical Ground Robot Market - Macro Economic Scenario
5. Micro Tactical Ground Robot Market Size And Growth
…..
27. Micro Tactical Ground Robot Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Global Micro Tactical Ground Robot Market Comprehensive Study: Forecasted Market Size And Growth Rate | The Boeing Company, Clearpath Robotics Inc., iRobot Corporation, Northrop Grumman Corporation, Perrone Robotics Inc here
News-ID: 3426603 • Views: …
More Releases from The Business research company
Market Trend Analysis: The Impact of Recent Innovations on the Medical Device Br …
The medical device brazing service market is on track for substantial growth in the coming years, driven by advancing technologies and evolving healthcare needs. As the demand for reliable and efficient medical devices rises, the brazing services that enable precision joining of components are becoming increasingly vital. Let's explore the market size projections, key players, segmentation details, and emerging trends shaping this industry.
Medical Device Brazing Service Market Size and Growth…
Segmentation, Major Trends, and Competitive Overview of the Lifestyle-Related Di …
The lifestyle-related disease supplements market is rapidly evolving as consumers become more health-conscious and proactive about managing chronic conditions linked to lifestyle choices. With an aging global population and increasing disposable incomes, this sector is set for impressive growth. Let's explore the market size, key players, trends, and segmentation that are shaping its future trajectory.
Projected Market Size and Growth Rate for Lifestyle-Related Disease Supplements
The lifestyle-related disease supplements market is on…
Competitive Landscape: Key Market Leaders and Emerging Competitors in the Interl …
The interleukin (IL)-4 antibody market is on the brink of significant expansion, driven by advances in biotechnology and rising healthcare demands. This sector is attracting considerable attention due to its potential in treating chronic inflammatory and autoimmune conditions, making it an exciting area for pharmaceutical innovation and investment. Here, we explore the market's projected growth, key players, emerging trends, and the main segments shaping its development.
Forecasted Market Size and Growth…
Future Perspectives: Key Trends Shaping the Industrial Carbon Dioxide Market Up …
The industrial carbon dioxide market is positioned for substantial expansion over the coming years, driven by diverse industrial needs and environmental considerations. As the demand for CO2 spans multiple sectors, the market is evolving with advancements in technology and shifting regulatory landscapes. Below is an in-depth look at the market size, key players, emerging trends, and segment analysis shaping this industry.
Growth Trajectory and Market Size of the Industrial Carbon Dioxide…
More Releases for Robot
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once…
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
