Press release
Military Robots Market Growing at 7.4 % CAGR, to Hit USD 34.61 Billion by 2030 | Growth, Share Analysis, Company Profiles
According to a recent report published by Allied Market Research, titled, "Military robots Market by Application, Mode of Operation, and Platform: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global military robots market was valued at $17.55 billion in 2020, and is projected to reach $34.61 billion by 2030, registering a CAGR of 7.4%.Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. The U.S. dominated the global military robots market share in North America region in 2020, owing to increase in R&D activities, technological developments by big players, rapid adoption of innovative technologies in making reliable, precise, and efficient autonomous systems. North America is expected to grow at a significant rate during the forecast period, owing to rise in adoption of military robots, along with its huge defense spending and the presence of major defense equipment manufacturers such as BAE Systems plc, Northrop Grumman Corporation, Raytheon Technologies Corporation, and others.
๐ ๐๐จ๐ง'๐ญ ๐ฆ๐ข๐ฌ๐ฌ ๐จ๐ฎ๐ญ ๐จ๐ง ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/A13130
By application, the market is categorized into combat support, intelligence, surveillance and reconnaissance (ISR), mine clearance, explosive ordnance disposal (EOD), and others. The combat support segment accounted for the highest revenue in 2020, owing to high demand for a military robot by defense forces to assist in combat operations throughout the globe.
By mode of operation, the military robots market is bifurcated into human operated and autonomous. The human operated segment accounted for the highest revenue in 2020, owing to the high demand for human operated robots as it involves the unmanned feature and human intelligence capabilities.
By platform, the military robots market is bifurcated into airborne robots, land robots, and marine robots. The land robots segment accounted for the highest revenue in 2020, as they offer high efficiency, lethality and reliability in a combat situation.
An increase in investments to develop autonomous systems throughout the world and a rise in demand for underwater drones for defense and security applications are expected to drive the military robots market during the forecast period. However, the high cost of military drones and communication problems associated with autonomous underwater vehicles (AUVs) are anticipated to hamper the growth of the market. Moreover, increasing investment for robotics technologies in unmanned ground vehicles and a rise in defense spending globally are expected to offer lucrative opportunities for the market in the future.
Key Findings Of The Study
By application, the combat support segment is expected to register a significant growth during the forecast period.
By mode of operation, the autonomous segment is anticipated to exhibit significant growth in future.
By platform, the land robots segment is projected to lead the global military robots market, owing to higher CAGR as compared to airborne and marine robots segment.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ https://www.alliedmarketresearch.com/purchase-enquiry/A13130
Key players operating in the global military robots market include
BAE Systems plc
Elbit Systems Ltd.
General Dynamics Corporation
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Northrop Grumman Corporation
Rafael Advanced Defense Systems Ltd.
Rheinmetall AG
SAAB AB
Thales Group
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/military-robots-market-A13130
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
๐๐ฎ๐ฅ๐ญ๐ข๐ซ๐จ๐ญ๐จ๐ซ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/multirotor-drone-market-A09185
๐๐ข๐๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/lidar-drone-market-A10534
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
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