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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
Military Robots Market Size
The global military robots market stood at a value of around USD 20804.93 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.1% to reach USD 41938.31 million by 2032.
Military Robots Market Report Snapshots
*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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124