The Global Military Robots Market Report by The Business Research Company covers military robots market drivers and restraints, military robots market size, major players, and the impact of COVID-19 on the military robots market.
The global military robots market consists of sales of robots designed for military applications. The market consists of revenue generated by the establishments by the sales of remotely controlled military robots that are designed for tasks such as transport, search, rescue, gunfire/attack, airborne and underwater surveillance, image capturing, bomb disposal, carry wounded military personnel, and detect mines.
The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security.
The global military robots market is expected grow from $20.13 billion in 2020 to $22.35 billion in 2021 at a compound annual growth rate (CAGR) of 11%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $36.57 billion in 2025 at a CAGR of 13%.
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Some military robots market trends include multi-mission robots, which are designed to carry out multi-domain operations in the military. Unlike humans, robots do not suffer from physical and mental exhaustion. With continuous advances in electronic component technology and miniaturization in the operational flexibility of robots increased tremendously. They exhibit greater endurance from the impact of bombs and weapons ensuring greater security. Today’s robots are equipped with mission-specific tasks and individual munitions. The payloads that these robots carry may be integrated into line with the mission requirements.
Global military robots market segments include:
1) By Platform: Land, Marine, Airborne.
2) By Application: ISR, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, Firefighting.
3) By Payload: Sensors, Cameras, LCD Screens, Weapons, Radar, Others
4) By End User: Armed Forces, Homeland Securities.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Military Robots Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides military robots market overviews, analyzes and forecasts market size, share, military robots market players, military robots market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The military robots market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Military Robots Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment, Inc, Irobot, Boston Dynamics, Thales Group, Elbit Systems Ltd, Turkish Aerospace Industries Inc. , QinetiQ , Cobham PLC , Saab AB, Endeavor Robotics, Qinetiq, Clearpath Robotics, Boeing, Energid Technologies, Recon Robotics, FLIR Systems, Inc., Іѕrаеl Аеrоѕрасе Іnduѕtrіеѕ, Аеrоvіrоnmеnt.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Military Robots Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Military Robots Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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