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Robotic Warfare Market Size

  • Report ID: GMI7679
  • Published Date: Dec 2023
  • Report Format: PDF

Robotic Warfare Market Size

Robotic Warfare Market was valued at USD 30.3 billion in 2023 and is estimated to register a CAGR of over 6% between 2024 & 2032. Increased investments in domestic drone manufacturing are propelling the robotic warfare industry growth by fostering technological advancements and expanding the capabilities of unmanned systems. For instance, in July 2023, Ukraine declared its intention to allocate USD 1 billion for the development of domestic drone manufacturing. The nation has removed customs barriers for the importation of drone spare parts and complete sets. Additionally, the profit share for manufacturers of Unmanned Aerial Vehicles (UAVs) has increased to 25%. Furthermore, a decision has been taken to streamline the mass production of drone ammunition.

 

The demand for exploration in hostile territories is driving the global industry growth. Robotic systems including unmanned aerial & ground vehicles offer the capability to conduct reconnaissance and surveillance in dangerous environments without putting human lives at risk. The need for real-time data and situational awareness in such areas has led to increased investments in autonomous technologies, propelling the development and deployment of robotic solutions in military operations.

Civilian safety is a critical concern in the development and deployment of robotic warfare. Autonomous systems, if not meticulously designed and controlled, may inadvertently harm non-combatants. Issues including the potential for errors in target identification, misinterpretation of civilian activities, or collateral damage in densely populated areas raise ethical dilemmas. Striking the right balance between military objectives and minimizing harm to innocent civilians is a complex challenge that requires careful consideration & adherence to international humanitarian laws and norms.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for robotic warfare reached USD 30.3 billion in 2023 and is projected to grow at over 6% CAGR from 2024 to 2032 attributed to the massive investments in domestic drone manufacturing and technological advancements for expanding the capabilities of unmanned systems.

Semi-autonomous robotic warfare industry accounted for more than 70% of revenue share in 2023and is estimated to depict notable growth through 2032 owing to growing benefits in human decision-making with the efficiency of automated processes to enhance the overall effectiveness of military operations.

North America held around 40% revenue share of the robotic warfare market in 2023 and is estimated to exhibit robust growth through 2032 owing to the technological leadership and ongoing military modernization initiatives across the major American countries.

Some of the top robotic warfare companies are AeroVironment, Inc., BAE Systems plc, Autonomous Solutions, Inc. (ASI), Boeing, Cobham plc, Dassault Group, Elbit Systems Ltd., Lockheed Martin Corporation, General Atomics, Northrop Grumman Corporation, Textron Inc., and Thales Group.

Robotic Warfare Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 352
  • Countries covered: 21
  • Pages: 300
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