Press release
Autonomous Weapons Market Size, Trends, Analysis by Top Key Players and Forecast
Autonomous Weapons Market
According to the report, the global autonomous weapons industry generated $11.56 billion in 2020, and is estimated to reach $30.16 billion in 2030, witnessing a CAGR of 10.4% from 2021 to 2030.
Rise in number of autonomous defense vehicles, drones, and robots and increase in investments in R&D activities drive the growth of the global autonomous weapons market. However, issues related to accountability and misuse of such technology by unauthorized people hinder the market growth. On the other hand, adoption of autonomous technologies to lower down operational costs and increase efficiency creates new opportunities in the coming years.
Download Report (291 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/A13132
Segment Overview:
By Product
Missiles
Munitions
Guided Rockets
Guided Projectiles
Hypersonic weapon
Others
By Platform
Land
Airborne
Naval
By Type
Semi-autonomous
Autonomous
Increase in number of autonomous defense vehicles, drones, and robots and increase in investments to develop autonomous weapons throughout the globe are expected to drive the autonomous weapons market during the forecast period. However, serious issues with the fully autonomous weapons are anticipated to hamper growth of the market. Moreover, rise in usage of autonomous weapons globally and rise in defense spending globally are expected to offer lucrative opportunities for the market in future.
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Leading Market Players
BAE Systems plc
Israel Aerospace Industries Ltd.
Kongsberg Gruppen ASA
Lockheed Martin Corporation
MBDA
Northrop Grumman Corporation
Rafael Advanced Defense Systems Ltd.
Raytheon Technologies Corporation
Rheinmetall AG
Thales Group
Key Findings Of The Study
By product, the missiles segment is expected to register a significant growth during the forecast period.
By type, the autonomous segment is anticipated to exhibit significant growth in future.
By platform, the airborne segment is projected to lead the global autonomous weapons market, owing to higher CAGR as compared to defense forces segment.
By region, North America is anticipated to register the highest CAGR during the forecast period.
Access Full Summary: https://www.alliedmarketresearch.com/autonomous-weapons-market-A13132
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