Military Robots Market Research Report 2019: Industry Size, Share, Trends, Growth, Regional Analysis and Segmentation By Payload (Sensor, Radar, Weapon, & Others), Application (Warfield, Firefighting, Search & Rescue, Transportation, & Others), Mode of Operation (Human Operated, Autonomous) Platform and Region – Global Forecast to 2023.
— Global Military Robots Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
According to Market Research Future (MRFR)’s assessment, the global military robots market is expected to strike a CAGR of 9 % during the forecast period 2017 to 2023. Artificial Intelligence (AI) and robotics have paved their ways across the defense sector and are likely to attract massive investments in the years to come. Military robots are excessively used for performing different applications by army such as search & rescue, mine clearance, transportation, etc. It is expected to accelerate demand generation for these robots in the forthcoming years.
Governments are emphasizing on the replacement of humans with unmanned technologies for dangerous or repetitive works. Military robots are observed to be used for tasks such as breaching borders, detection of chemical weapons, etc. which previously used to risk human lives. In addition, the modernization of warfare techniques by leading military powers such as the U.S., Russia, and China are forecasted to boost the growth trajectory of the military robots market. Case to the point is, Russia is reported to be building an army of killer robots, self-driving tanks, and cat-sized bomber drones. However, the problems regarding the achievement of interoperability are anticipated to restrict market growth over the assessment period.
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The key players of the military robots market profiled in this report are-
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• Northrop Grumman System Corp. (U.S.)
• BAE Systems Inc. (U.K)
• iRobot (U.S.)
• AeroVironment Inc. (U.S.)
• Boston Dynamics (U.S.)
• Elbit Systems Ltd (Israel)
• Thales Group (France)
• Turkish Aerospace Industries Inc. (Turkey)
In February 2019, the U.S. Navy is reported to be investing in unmanned technologies for the deployment of robot ships which would include the largest surface combatant and the Navy’s next-generation frigate.
In February 2019, The U.S. Army has put to use nine robots that are developed by a nuclear weapons lab for dismantling the aging artillery rockets.
In February 2019, China has stated that it is working on the development of smart, large, and low-cost artificial intelligence submarines for a wide range of missions.
By mode of operation, the global military robots market has been segmented into human operated and autonomous. The autonomous segment is forecasted to scale the highest CAGR due to the escalation of investments in research & development in conjunction with shift observed towards modernization programs.
By payload, the military robots market has been segmented into sensor, radar, weapon, and others. The sensor segment is projected to dominate the growth pattern of the market in the upcoming years.
By platform, the global military robots market has been segmented into airborne, ground based, and naval. Among these, the airborne segment is anticipated to scale the highest CAGR owing to the rising adoption of drones in the defense sector globally.
By application, the military robots market has been segmented into Warfield, firefighting, search and rescue, transportation, and others. Among these, the Warfield segment is anticipated to exhibit substantial growth owing to increasing demand for border surveillance and battlefield operations.
By region, the global military robots market has been segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. Europe is prognosticated to dictate the growth pattern of the market over the next couple of years. The region is acquainted with skills and knowledge for bringing innovation and advancements to the military robots market. Furthermore, the region is likely to invest in research & development which is forecasted to drive the expansion of the military robots market across the review period. The U.K, Germany, and France are the most important country-level markets in the region presumed to contribute substantially to the growth of the regional market.
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Scope of Report
The report for Global Military Robots Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis
List of Tables
Table 1 Global Military Robots Market: by Region, 2017-2023
Table 2 North America Military Robots Market: by Country, 2017-2023
Table 3 Europe Military Robots Market: by Country, 2017-2023
Table 4 Asia Pacific Military Robots Market: by Country, 2017-2023
Table 6 Middle East & Africa Military Robots Market: by Country, 2017-2023
Table 7 South America Military Robots Market: by Country, 2017-2023
Table 8 Global Military Robots Market, by Payload, by Regions, 2017-2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 6 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
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Name: Abhishek Sawant
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Organization: Market Research Future
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Release ID: 505913