Press release
Military Robots Market Driven by Platform, Premium Types, End Users & Application, 2023
Military robots are machines that are controlled by remotes designed for military purposes. They have a number of advantages such as the capability to perform dangerous tasks. Military robots have become more reliable and efficient because of the advancements and upgrades in technology. They are also designed so as to carry out operations such as search & rescue and even for attacking the enemy. There has been an increase in the investment in military robots so as to strengthen their development and procurement.
Military robots market is expected to witness growth due to factors such as rising growth in efficient border investigation and common ISR functions. The rise in border investigation is aimed at making the military aware about any conflict. The global military robots market is expected to account for USD 13.6 billion by 2023 with 9.5 % CAGR.
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Military Robots Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
The key players in global military robots market are Lockheed Martin Corporation (U.S.), Northrop Grumman System Corp. (U.S.), General Dynamics Corporation (U.S.), BAE Systems, Inc. (U.K.), AeroVironment Inc. (U.S.), and iRobot (U.S.), Boston Dynamics (U.S.), Thales Group (France), Elbit Systems Ltd (Israel), and Turkish Aerospace Industries, Inc. (Turkey).
Regional Analysis of Global Military Robots Market:
Europe is expected to witness the highest growth in military robots market during the forecast period as the manufacturers here have the knowledge of developing robots with built in speech and human machine interface. It has various innovation driven research institutes, offering education in robotics. Due to the innovation in technology of robotics, the market in Europe is expected to grow during the forecast period. North America is expected to be the second largest region in military robots market during the forecast period due to higher government spending in defense sector.
Intended Audience:
• military robots market manufacturers
• Distributer &Supplier companies
• End Users
• consultants and Investment bankers
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Major Topics Covered in Table of Content
1... Executive Summary
2 Research Methodology
3... Market Dynamics
4... Global Military Robots Market, By Platform
5... Global Military Robots Market, By Application
6... Global Military Robots Market, By Payload
7 Regional Market Analysis
8... Competitive Analysis
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