The research study conducted by Report Ocean on the “ Military Robots Market ” spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global Military Robots Market is valued approximately at USD 21.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.92% over the forecast period 2020-2027. Military robots act as an alternative to human soldiers and are capable of managing a broader range of military combat operations, such as search & rescue, mine clearance, transportation, targeting and others. For example, breaching enemy obstacles can be carried out by remote-controlled vehicles, which is a risk to soldier’s life. Military robots are deployed in dangerous areas to analyze the situation in real-time accident scene.
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These robots are available in different sizes and shapes, depending on the requirement and application. The growing demand of advanced monitoring, targeting, and intelligence gathering mechanisms in military drives the market growth. The government investment in military and defense will further increase the demand of military robots market. For instance as per statista, the United States spend around USD 466.76 billions on its millitary in 2000 and the figure is increased by USD 718.69 billion millitary spending in 2019. Also, countries like the US and Russia which have strong military power, have modernized their armed forces and deployed weapons using robotics, which in result increase the demand for military robots. According to Artificial Intelligence and National Security, in 2008 Russian defense modernization agenda aims at robotizing 30% of its military equipment by 2025. As per Congressional Research Service, in 2018, Russia developed Uran-9 a smaller robotic tank with a 30mm Shipunov 2A72 automatic cannon, four Igla-V surface-to-air missiles, four ready-to-launch 9M120-1 Ataka (Spiral-2) ATGMs, and a 7.62mm Kalashnikov PKT/PKTM machine gun. Thus, rising deployment of robots and decline in casualties due to replacement of soldiers with robots will accelerate the demand of market. Whereas, high cost of the robots and stringent technology-sharing regulations are the major factor restraining the growth of global Military Robots market during the forecast period.
The regional analysis of global Military Robots market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world owing to the increasing demands of military robot by military due to rapid advancements and adoption of military technologies in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Northrop Grumman Corporation
Lockheed Martin Corporation
Qinetiq
Endeavor Robotics (iRobot)
Cobham PLC
General Dynamics Corporation
Elbit Systems LTD.
Israel Aerospace Industries LTD.
Aerovironment, Inc.
Thales Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
by Platform:
Land Robots
Marine Robots
Airborne Robots
by Application:
Intelligence, Surveillance, and Reconnaissance (ISR)
Search and Rescue
Combat Support
Transportation
EOD
Mine clearance
Firefighting
Others
By Mode of Operation:
Human operated
Autonomous
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
- Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
- Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
- Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
- Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
- Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
- Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
- Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
- Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
- Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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