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Robotic Warfare Market Trends

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

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Robotic Warfare Market Trends

The incorporation of cutting-edge technologies in product development is driving the robotic warfare industry growth. Innovations in unmanned systems, artificial intelligence, and sensor capabilities enhance the efficiency & effectiveness of military operations. For instance, in February 2023, EDGE revealed 11 innovative unmanned and autonomous solutions with advanced capabilities applicable across air, land & maritime domains. These groundbreaking products and systems span various missions, encompassing tactical ISR, logistics support, and intricate combat operations.

Increasing global security concerns are propelling the global market as nations prioritize advanced technologies to address evolving threats. Robotic systems offer strategic advantages in surveillance, reconnaissance, and combat, meeting the demands of modern security challenges. The need for efficient and technologically advanced defense solutions is driving investments in unmanned and autonomous technologies, contributing to the global business expansion.

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.