Military Robots Market Opportunities 2031
The Military Robots Market size is projected to reach US$ 33.12 billion by 2031 from US$ 19.35 billion in 2023. The market is expected to register a CAGR of 6.9% in 2023–2031. The increasing proliferation of automation in the defense and military sector is anticipated to drive the demand for military robots globally. The major factors contributing to the growth of the market are technological advancement, capabilities of military robots in bomb defusing, surveillance and monitoring, target capturing, and lowering the life risk of human soldiers in combat.
Military Robots Market Analysis
Increasing requirements of modern warfare situations and rising demand for high-end combat technologies are acting as a major driver for the military robots market. Military robots are primarily remote-controlled or autonomous devices. It is designed particularly for defense and military applications such as surveillance, search, and rescue, along with transportation. Military robot applications in contemporary war fields are driven by changing scenarios of warfare situations and the growing number of soldier fatalities. The growing number of soldier fatalities has erected concerns, followed by a growing government focus on advanced robotic devices to manage modern mission operations. The growing adoption of land-based military robots and the increasing proliferation of multi-mission robots with improved flexibility and security are anticipated to drive the evolution of the military robots market over the forecast period.
Military Robots Market Overview
The growing occurrence of volatile geopolitical scenarios and the growing demand for modern warfare technologies propel the evolution of the military robots market. Increasing government spending on advancing modern warfare technologies is also acting as a major driver for the military robots market globally. The military robots market is segmented by mode of operation, platform, and application. In terms of mode of operation, the military robots market is categorized into automated and manually operated. On the basis of platform, the market is classified into land, air, and naval. In terms of application, the market is segmented into combat Systems, ISR, firefighting, bomb/mine detection, and others.
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Military Robots Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Military Robots Market: Strategic Insights
Naveen
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Military Robots Market Drivers and Opportunities
Growing Proliferation of Land Based Military Robots is Expected to be the Prime Driver for the Military Robots Market
The changing warfare scenario and growing complexities and number of casualties on the battlefield are anticipated to drive the demand for land based military robots globally. The land-based military robots are primarily equipped with hybrid wireless sensors that help in better target capturing, surveillance, search, and rescue operations. Additionally, land-based military robots leverage passive infrared sensors for detecting the human presence in border restricted areas. Increasing government budget allocation to integrating high end technologies in enhancing the border security forces is also acting as a major driver for the military robots market globally.
Growing Defense Spending in Various Nations
The changing advanced warfare scenario requires governments of various nations across the globe to invest substantial funds and offer financial aid toward respective defense and military forces. The defense budget allocation aids army and military forces in procuring advanced technologies, vehicles, and equipment from domestic or international developers. The growing governmental financial aid displays the government's focus on refining national defense forces with advanced devices like military robots. Thus, the growing budget allocation for military and defense forces, such as land-based, naval, and air forces., is anticipated to drive the military robots market globally.
Military Robots Market Report Segmentation Analysis
Key segments that contributed to the derivation of the military robots market analysis are mode of operation, platform, and application.
- Based on the mode of operation, the military robots market has been divided into automated and manually operated. The automated segment held a larger market share in 2023.
- In terms of platform, the market has been segmented into land, air, and naval. The land segment dominated the market in 2023.
- In terms of application, the market has been segmented into combat systems, ISR, firefighting, bomb/mine detection, and others. The ISR segments dominated the market in 2023.
Military Robots Market Share Analysis by Geography
The geographic scope of the Military Robots Market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America led the military robots market in 2023. The North America region includes the US, Canada, and Mexico. Strong security and defense forces and high investment in advanced automation technologies for strengthening the region's defense infrastructure are acting as major drivers for the military robots market in North America. The growing government effort to obtain advanced military devices like military robots for reducing human intervention for completing battlefield operations like intelligence, surveillance, search and rescue, target acquisition, combating, and reconnaissance activities is also having a positive impact on the military robots market in North America.
Military Robots Market Report Scope
Military Robots Market News and Recent Developments
The Military Robots Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Military Robots Market and strategies:
- On June 2022, BAE Systems’ Robotic Technology Demonstrator fired laser-driven rockets at multiple ground targets during the U.S. Army’s tactical scenario at the EDGE 22 exercise at Dugway Proving Ground. (Source: BAE Systems, Press Release/Company Website/Newsletter)
- On September 2023, BAE Systems associated with Cellula Robotics to demonstrate the competence of its Extra Large Autonomous Underwater Vehicle (XLAUV), named Herne, on a technology demonstrator in the water in the second half of 2024. (Source: BAE Systems, Press Release/Company Website/Newsletter)
Military Robots Market Report Coverage and Deliverables
The “Military Robots Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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