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Military Robots Market Size

  • Report ID: GMI2110
  • Published Date: Oct 2023
  • Report Format: PDF

Military Robots Market Size

Military Robots Market size was valued at USD 13.4 billion in 2022 and is anticipated to grow at a CAGR of over 8.5% between 2023 and 2032. The increasing need for automation and autonomy in modern warfare is driving the market. Military robots can perform a wide range of tasks, from reconnaissance and surveillance to bomb disposal and combat, reducing the risks to human soldiers and improving mission success rates. The growing emphasis on minimizing casualties and the need for advanced technology to gain a strategic advantage on the battlefield are boosting the demand for these robots.

 

The military robots market refers to the global industry involved in the development, production, and deployment of autonomous or remotely controlled robotic systems designed for military & defense applications. These robots play a crucial role in enhancing the effectiveness and safety of military operations.

 

Ethical and legal concerns represent a significant restraint in the military robots industry. Debates and regulations about the responsible use of autonomous weapons, adherence to international laws and norms, and accountability for robot actions have slowed down the wide deployment of military robots.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for military robots was valued at USD 13.4 billion in 2022 and is anticipated to grow at a CAGR of over 8.5% between 2023 and 2032, favored by the increasing need for automation and autonomy in modern warfare.

The Intelligence, Surveillance, and Reconnaissance (ISR) segment is growing owing to advancements in sensor technology, enabling military robots to collect, process, and transmit critical information in real time.

Europe market for military robots will record strong CAGR through 2032 as European countries are actively investing in the development and deployment of advanced military robots, which are equipped with cutting-edge technologies, such as AI, ML, sensor systems, and autonomous navigation.

BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman Corporation, and Thales Group among others.

Military Robots Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 530
  • Countries covered: 17
  • Pages: 200
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