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The ability to perform dangerous tasks with precision are expected to drive innovation in autonomous military weapons manufacturing, thus driving the market during the forecast period.

The global autonomous military weapons market is expected to grow from $13.3 billion in 2022 to $14.68 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The global autonomous military weapons market size is expected to grow to $21.81 billion in 2027 at a CAGR of 10.4%.

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Global Autonomous Military Weapons Market Segments Include:

• By Type: Autonomous, Semi-autonomous
• By Product: Missiles, Rockets, Guided Bombs, Target Pods, Others
• By Platform: Land, Airborne, Naval
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global autonomous military weapons market in 2021.

Major Market Players in the autonomous military weapons market include Lockheed Martin, Boeing, Raytheon, AVIC, CASC, Rostec, Israel Aerospace Industries, Elbit Systems, Rafael, and STM.

IMI Systems, a state-owned weapons maker in Israel, was sold to Elbit for $522 million. IMI systems are the manufacturers of the Uzi sub-machine gun and the Galil assault rifle. It manufactures armored vehicles and also trains security agents. The deal will create a company with a heavy emphasis on research and development and whose product range will extend from IMI’s shoulder-launched missiles, precision-guided mortar munitions, and rocket-propulsion systems to Elbit’s portfolio of avionic systems, drones, and intelligence and cybertechnology. Elbit would also relocate the IMI facilities from central Israel to the southern Negev area.

The Autonomous Military Weapons Global Market Report 2023  provides a autonomous military weapons market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The autonomous military weapons market forecast analyzes autonomous military weapons market size, autonomous military weapons market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Autonomous military weapons refer to automated military weapons that, when activated, search, detect, evaluate the threat, track, and attack enemy targets based on sophisticated algorithms without further intervention by a human operator. It requires the integration of several core elements, like a mobile combat platform such as a drone aircraft, ship, or ground vehicle; various types of sensors to scrutinize the surroundings; processing systems to classify objects discovered by the sensors; and algorithms directing the platform to initiate an attack when an allowable target is detected.

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