Report Overview

The global military robots market attained a value of nearly USD 20,804.93 million in 2023. The market is further expected to grow at a CAGR of 8.1% during the forecast period of 2024-2032 to reach a value of USD 41,938.31 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Land Segment of the Military Robots Industry to Grow Significantly during the Forecast Period

Based on the platform, the market is divided into land, marine, and airborne, among others. The land segment is predicted to grow significantly in the forecast period owing to the rising adoption of land robots across various countries due to border security concerns and the increasing investment in research and development activities to upgrade ground robots.

Moreover, the land forces are deploying sophisticated military robots in areas that are deemed too dangerous and pose a high risk of casualties or lead to capability restriction of the deployed troops, thus, aiding the segment growth. Meanwhile, the airborne segment is expected to witness a considerable growth during the forecast period owing to a surge in adoption of drones for surveillance purposes and rapid technological advancements.

 

The Asia Pacific Military Robots Industry to Witness a Healthy Growth during the Forecast Period

Geographically, the Asia Pacific is predicted to grow significantly during the forecast period. The market growth in the region can be attributed to the high investments in military robots capable of performing defence tasks autonomously to provide land, marine, and aerial services. Further, the escalating border tensions among various neighbouring nations are expected to accelerate the demand for military robots during the forecast period.

 

Military Robots Market Report Snapshots

Military Robots Market Size

Military Robots Market Growth

Military Robots Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 20,804.93 million.

The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.

The surging terrorism activities, the increasing geopolitical tensions, and the implementation of various military modernisation programmes are the major market drivers.

The growing integration of AI in military robots, the increasing focus on developing unmanned military systems, and surging defence investments by governments are the key trends propelling the market growth.

The major regions in the military robots market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various platforms of military robots considered in the market report are land, marine, and airborne, among others.

Human operated and automated are the major segments based on modes of operation of the product included in the market report.

The major players in the market are Northrop Grumman, Lockheed Martin Corporation, AeroVironment Inc., FLIR Systems Inc., and Cobham Ltd., among others.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 41,938.31 million by 2032.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

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