Military Robotic and Autonomous (RAS) Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Robotics and autonomous systems (RAS) is a framework to describe systems with a robotic or autonomous element, or more commonly, both. The nexus of RAS and artificial intelligence (AI) has the potential to change the nature of warfare. RAS offers the possibility of a wide range of platforms, not just weapons systems, potentially reducing the risks to soldiers resulting in a generation of less-expensive ground systems.

MARKET SCOPE

The "Global Military Robotics and Autonomous (RAS) Systems Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military robotics and autonomous (RAS) systems market with detailed market segmentation by platform, application and geography. The report provides key statistics on the market status of the leading military robotics and autonomous (RAS) systems market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on platform, the global military robotics and autonomous (RAS) systems market is segmented into unmanned aircraft vehicle, unmanned ground vehicle, unmanned naval vehicles
  
•   On the basis of application, the market is segmented intelligence surveillance and reconnaissance (ISR), combat operation, target acquisition, logistics, mine clearance eod and cbrn, infantry support, others
  

MARKET DYNAMICS

Drivers:

•   Growing Use of Unmanned Systems for Crucial Military Operations.
  
•   Rising Defense Budgets
  
•   Increasing Military Modernization Programs
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military robotics and autonomous (RAS) systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the military robotics and autonomous (RAS) systems market in these regions.

IMPACT OF COVID-19 ON MILITARY ROBOTICS AND AUTONOMOUS (RAS) SYSTEMS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the military robotics and autonomous (RAS) systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from military robotics and autonomous (RAS) systems market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military robotics and autonomous (RAS) systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BAE Systems
  
•   Boeing
  
•   Clearpath Robotics Inc.
  
•   ECA Group
  
•   Elbit Systems Ltd.
  
•   FLIR System
  
•   General Dynamics Corporation
  
•   Hanwha Defense
  
•   Israel Aerospace Industries Ltd.
  
•   L3Harris Technologies Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Military Robotic and Autonomous (RAS) Systems Report Scope