Autonomous Military Weapons Industry Expected to Reach $26.98 Billion by 2029 at 10.7% CAGR

Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.

Autonomous Military Weapons Market Value Projection: How Much Will the Market Size by 2025?
The market size for autonomous military weapons has seen robust growth lately. It will expand from a size of $16.36 billion in 2024 to reach $17.96 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.8%. This growth during the historic period is a result of previous conflicts and military strategies, investment in research and development over time, key regulatory milestones, earlier budget allocations, and lessons learned from successes and failures.

What Will Be the Market Growth Forecat for Autonomous Military Weapons in 2029?
The market size of autonomous military weapons is predicted to experience swift expansion in the coming years. By 2029, it's projected to expand to $26.98 billion, reflecting a compound annual growth rate (CAGR) of 10.7%. The surge in growth during the forecasted period is influenced by factors such as the engagement of non-state actors, changes in the supply chain, public advocacy and viewpoint, geopolitical shifts, and the competitiveness and innovation within the industry. Key trends during this forecast period involve the public's perception and agreement, strategic partnerships and alliances, geopolitical conflicts, ethical matters, and cost-effectiveness.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/autonomous-military-weapons-global-market-report

What Are the Core Competitive Drivers in the Autonomous Military Weapons Industry?
The autonomous military weapons market has seen rapid expansion, fueled by the capacity of these weapons to carry out high-risk operations precisely. The standalone nature of these weapons provides the potential to protect military personnel from hazardous tasks and immediate threats to life. Moreover, such weapons can enhance accuracy, thanks to their faster response times and their ability to maintain continuous target identification. They can process vast quantities of information, offer more accurate results, and can predict certain actions, thus relieving humans from mundane or repetitive tasks and granting access to areas out of reach for remote-control technology. Major nations including the USA, China, and Russia have been making substantial investments in artificial intelligence for weaponry, striving for dominance in this domain. In a report by the US Government Accountability Office (GAO) in March 2023, an incident was mentioned that occurred in Buffalo, New York in May 2022, where a racially motivated shooter took the lives of ten individuals. This led to a 357% increase in domestic terrorism investigations over the following decade. Anti-government or anti-authoritarian violent extremism was the second most common incident type during this period, resulting in 15 fatalities. Consequently, the ability of autonomous weapons to strike targets without human intervention while reducing risk to human life is a key factor driving growth in the autonomous military weapons market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3194&type=smp

Which Autonomous Military Weapons Market Segment Is Projected to See the Fastest Growth?
The autonomous military weapons market covered in this report is segmented -

1) By Type: Autonomous, Semi-Autonomous
2) By Product: Missiles, Rockets, Guided Bombs, Target Pods, Others
3) By Platform: Land, Airborne, Naval

Subsegments:
1) By Autonomous: Unmanned Aerial Vehicles (UAVs), Autonomous Ground Vehicles (AGVs), Naval Autonomous Systems, Lethal Autonomous Weapons Systems (LAWS)
2) By Semi-Autonomous: Remote-Controlled Weapons, Human-In-The-loop Systems, Targeting Systems With Autonomous Features

Which Trends Are Opening New Opportunities in the Autonomous Military Weapons Market?
Key players in the autonomous military weapons market, such as unmanned ground vehicles (UGV), are prioritizing the creation of innovative products to ensure dependable customer service. These UGVs operate autonomously without the need for human intervention. To cite an example, BAE Systems Australia, a defence and security service provider based out of Australia, launched the STRIX hybrid VTOL uncrewed air system in February 2023. This system is capable of carrying out air-to-ground attacks using munitions aimed at specific ground targets, thereby boosting combat effectiveness. The STRIX is also purposed for intelligence, surveillance, and reconnaissance (ISR) missions, offering real-time data gathering and enhanced situational perception. The system can serve as a "loyal wingman," complementing manned aircraft by offering additional support and firepower.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=3194&type=smp

Who Are the Leaders in the Autonomous Military Weapons Market?
Major companies operating in the autonomous military weapons market include China North Industries Group Corporation Limited, Aviation Industry Corporation of China, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus Group Inc., Kalashnikov Concern LLC, China Aerospace Science and Technology Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Mitsubishi Heavy Industries Ltd., Rostec State Corporation, BAE Systems plc, L3Harris Technologies Inc., Thales Group, Textron Inc., Kawasaki Heavy Industries Ltd., Rheinmetall AG, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Saab AB, Kongsberg Gruppen ASA, Rafael Advanced Defense Systems Ltd., Bharat Electronics Limited, Palantir Technologies Inc., Kratos Defense & Security Solutions Inc., Denel SOC Ltd., Anduril Industries Inc., Savunma Teknolojileri Mühendislik ve Ticaret A.S.

Which Regional Autonomous Military Weapons Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the autonomous military weapons market in 2024. Western Europe is expected to be the fastest-growing region in the autonomous military weapons market share during the forecast period. The regions covered in the autonomous military weapons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

#Reach Out to Us#

Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.