Global Military Robots Market Overview
Military Robots Market Size Anticipated to grow at a USD 24.2 Billion at a CAGR 10.7% by 2024-2030
Military robots are self-driving or remote-controlled robots designed for military applications ranging from transportation to search and rescue to attack. Some of these systems are already in operation, and many more are in the works. The changing nature of combat, as well as the value placed on war losses, have supported the use of robots in recent wars. Because of the high number of casualties in previous wars, most governments have invested in new unmanned systems to maintain a fleet of UAVs, UUVs, and UGVs for important missions. Countries are partnering on advanced robotics technology to develop new vehicles capable of overcoming obstacles and assisting ground troops in future warfare. Furthermore, the industry's big players are supported by government agencies that make significant expenditures, allowing them to spend more on R&D, allowing the corporations to develop consistently and create more efficient and advanced technology. The growing tendency of combining people and robots on the battlefield is projected to expedite the development of unmanned military weapons.
Robots can accomplish duties more quickly and precisely, reducing the number of casualties during the fight. The incorporation of technology such as artificial intelligence, real-time data monitoring, and the Internet of Things (IoT) in military robots has significantly altered the dynamics of modern combat. The unpredictable threat posed by soldiers may be easily identified and tracked by AI-integrated robots on air, ground, and sea platforms.
COVID 19 Analysis
The outbreak of the COVID-19 pandemic has caused a multi-level impact on economies worldwide. The global manufacturing and production of components and systems of military robots and their assembly lines are experiencing a moderate impact since the supply of military robots is considered to be of prime importance for applications like explosive ordnance disposal and mine clearing.
Resuming the production, manufacturing, and delivery of military robots is dependent on the level of COVID-19 positive cases and exposure a country is facing, the level at which manufacturing and production operations are running followed by the import-export regulations, and others. Although the global market companies may still be taking in orders, delivery schedules for the same might not be fixed.
Market Dynamics
Drivers
Robots are proven to be the most helpful in uncertain and extreme environments. They can further, perform inspection and surveillance activities within a few minutes and are very effective in complex issues like nuclear, biological, and chemical warfare scenarios. For instance, the Fukushima Daiichi nuclear disaster that happened in 2011 resulted in the development of catastrophic consequences for Japan. This led to an elaborated use of robots for clearing debris caused by this disaster nuclear meltdown. Robots were further, used for controlling the spread of radiation, and also, shutting down the nuclear reactor.
Restraints
UAVs are understood to be highly susceptible to electronic jamming and electronic warfare. Also, due to the limited range offering in most UAVs, they are not considered to be suitable for long-range operations. Since they are also prone to malfunctioning due to weather conditions, they are not very reliable for conducting critical operations.
Value Chain Analysis
Fully autonomous UGVs that are known to be equipped with artificial intelligence and are further understood to be capable of carrying out operations with minimum human intervention are being on the stage of development worldwide. The use of these military robots by defense forces worldwide is expected to enhance their combat capabilities.
Market Segmentation
The military robots market value has gained an excellent boost during the ongoing forecast period that will be ending in 2028 owing to the record-breaking performance that has been registered for the market segments and their rising ability to meet the needs of the target audience. The global military robots market has been segmented based on the following:
Based on the sensor
The sensor segment accounted for the largest market share during the historic forecast period that had ended in 2019. Sensors support various functional systems such as cameras, communication devices, and assist in providing connectivity. Therefore, the segment is likely to grow over the forecast period.
Based on the mode of operation
The military robots market has been segmented based on the mode of operation and includes human-operated and autonomous. The autonomous segment dominated the market in the historic period of 2019 and is expected to grow at a higher CAGR during the forecast period ending in 2028. There has been a rise in funding for research and development, a considerable rise in modernization programs, followed by the procurement of new military equipment is driving the global segment growth.
Based on application
The market has been divided based on application and includes mine clearance; firefighting; search and rescue; transportation; Intelligence, Surveillance, and Reconnaissance (ISR); combat support; Explosive Ordnance Disposal (EOD); amongst others.
Regional Analysis
The global military robots market share has been on the verge of major expansion during the ongoing forecast period that will be ending in 2028. The global market operations are segmented based on the regions and are prominent in 5 regions namely - the North American region, the APAC countries, the European region, the Middle East, and Africa.
The European military robots market has been anticipated to grow at the highest CAGR from 2020 to the end of the forecast period in 2028 as projected by the business chiefs. The European region countries such as Russia, Germany, the UK, Italy, France, and the Rest of Europe like Sweden, Norway, Denmark, etc. are being considered in this regional market analysis. the efforts that are being pooled by them for the international growth of the region are commendable. One of the strongest growth factors for the explicit military robots industry in Europe is the increased use of UAVs for surveillance.
Competitive Landscape
The prominent major key players that are giving rise to the propelling competition in the global military robots market are as follows:
- FLIR Systems, Inc. (US)
- General Dynamics Corporation (US)
- BAE Systems (UK)
- Lockheed Martin Corporation (US)
- Saab AB (Sweden)
These market players, as a part of the growing military robots market size during the ongoing forecast period of 2021-2028 are understood to be using various marketing strategies for attracting potential customers and hence, increasing their revenue and sales quantum that will help in enhancing the market chances to meet the set figures for the period by the business chiefs. Also, these market companies are on their way to utilizing the resources from society for ensuring proper growth in the global market during the period ending in 2028.
Recent Developments
January 2022: China leads the world in robots and military technology. The government has debuted its newest heavy-duty military robot to that end. The country has created the "world's largest quadruped bionic robot," a massive "mechanical yak" capable of carrying over 350 pounds and sprinting at up to 6 miles per hour. It will join supply delivery and reconnaissance tasks in challenging conditions such as distant border regions and high-risk war zones once deployed.
Report Overview
The military robots research report considers some market aspects like the impact of the pandemic on the market operations followed by the overview that helps in understanding the basic market functioning. The global report contains information related to the driving factors that boost the growth of the military robots market during the ongoing forecast period. This report also contains the opportunities available during the forecast period ending in 2028 along with the factors that hinder the growth of the military robots market size. the report helps understand the basis of the global market segmentation followed by the factors giving rise to competition and prominent recent developments by the competitive players in the global market premises. the report further, helps in understanding the potential of the market segments to meet The rising needs of the audience followed by witnessing and surveying their potential to meet the set targets for production, sales, growth, and much more.
Report Attribute/Metric |
Details |
ย ย Market Size |
ย ย USD 24.2 Billion By 2030 |
ย ย CAGR |
ย ย 10.7% |
ย ย Base Year |
ย ย 2023 |
ย ย Forecast Period |
ย ย 2024-2030 |
ย ย Historical Data |
ย ย 2020 |
ย ย Forecast Units |
ย ย USD (Billlion) |
ย ย Report Coverage |
ย ย Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
ย ย Segments Covered |
ย ย By Payload,Mode of Operation, By Application , By Platform |
ย ย Geographies Covered |
ย ย European |
ย ย Key Vendors |
ย ย FLIR Systems, Inc. (US),General Dynamics Corporation (US),BAE Systems (UK),Lockheed Martin Corporation (US),Saab AB (Sweden) |
ย ย Key Market Opportunities |
ย ย The growing tendency of combining people and robots on the battlefield is projected to expedite the development of unmanned military weapons. |
ย ย Key Market Drivers |
ย ย This led to an elaborated use of robots for clearing debris caused by this disaster nuclear meltdown. |
Military Robots Market Highlights:
Frequently Asked Questions (FAQ) :
The key applications of military robots include Mine Clearance; Firefighting; Search & Rescue; Transportation; Intelligence, Surveillance, and Reconnaissance (ISR); Combat Support; Explosive Ordnance Disposal (EOD) and more.
The top factors fostering the market growth are rising growth in border investigation, and common Intelligent Service Robot (ISR) functions. Other key drivers expected to contribute towards the growth of the military robots market is the rising focus on the development of unmanned military systems and the use of robots for a new range of military applications.
The global Military Robots Market is touted to secure a CAGR of close to 10.7% in the coming period.
APAC is bound to procure the fastest CAGR over the review period.
The factors that make APAC an attractive market for military robots include the surging defense expenditure in China and India, rising territorial conflicts, and the growth in terrorist activities that prompt the countries to spend considerably on advanced military equipment.