Military Robots Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033

The new report published by The Business Research Company, titled Military Robots Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the military robots market size has grown strongly in recent years. It will grow from $20.39 billion in 2023 to $22.11 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The military robots market size is expected to see strong growth in the next few years. It will grow to $30.84 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.

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Rising Adoption Of Land-Based Military Robots For Border Security Boosts Market Growth
The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security. The primary objective of the border patrol robots is to save the lives of security personnel deployed for border surveillance. Border patrol systems that utilize the PIR sensor for human detection and a metal detector for explosive detection can accurately detect border intrusions with minimum human involvement. The system also uses a wireless camera to continuously monitor the border. Based on the fact that autonomous military systems can cut down costs, improve effectiveness, enable more broad military operations, and most importantly, help keep security personnel out of harm, various countries are adopting military robots for border security. The increasing adoption of military robots by various countries, therefore, is expected to drive the military robot market growth.

Multi-Mission Robots Enhance Military Operations With Enhanced Flexibility And Security
Multi-mission robots are designed to carry out multi-domain operations in the military. Unlike humans, robots do not suffer from physical and mental exhaustion. With continuous advances in electronic component technology and miniaturization, the operational flexibility of robots has increased tremendously. They exhibit greater resistance to the impact of bombs and weapons, ensuring greater security. Today's robots are equipped with mission-specific tasks and individual munitions. The payloads that these robots carry may be integrated in line with the mission requirements. For instance, the 710 Kobra is a heavy-duty, multi-mission robot designed by American robot maker iRobot Defense & Security (now Endeavor Robotics Holdings) to provide increased safety and mission effectiveness for soldiers, first responders, and security personnel.

The military robots market covered in this report is segmented -

1) By Platform: Land, Marine, Airborne
2) By Payload: Sensors, Cameras, LCD Screens, Weapons, Radar, Others
3) By Application: ISR, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, Firefighting
4) By End User: Armed Forces, Homeland Securities

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Major companies operating in the military robots market include Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment Inc, Irobot, Boston Dynamics, Thales Group, Turkish Aerospace Industries Inc., QinetiQ, Cobham PLC, Saab AB, Endeavor Robotics, Clearpath Robotics, Boeing, Energid Technologies, Recon Robotics, FLIR Systems Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd., Baykar, Textron Inc., ECA Group, IAI, Milrem Robotics, Nexter Robotics, Oshkosh Corporation, Rheinmetall AG, Roboteam, RUAG Group, Sarcos Robotics, Shark Robotics, ST Engineering, Telerob, Turkish Aerospace Industries

Contents of the report:
1. Executive Summary
2. Military Robots Market Report Structure
3. Military Robots Market Trends And Strategies
4. Military Robots Market - Macro Economic Scenario
5. Military Robots Market Size And Growth
…..
27. Military Robots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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