Stratview Research delivers key insights on the global Military Robots Market. According to Stratview Research, the market is segmented by Application (combat support, explosive ordnance disposal (EOD), firefighting, intelligence, surveillance and reconnaissance (ISR), mine clearance, search and rescue, transportation, and others), by Platform (airborne robots, land robots, and marine robots), By Mode
of Operation (autonomous and human-operated), and Rest of the World [Brazil, Argentina, and Others]). Insights
The report suggests that the overall Military Robots Market was estimated at US$ 15.6 Billion in 2021 and is expected to grow at a CAGR of 10.5% during 2022-2028 to reach US$ 26.5 Billion in 2028. Market Segments' Analysis
Application
Type
The market is bifurcated into combat support, explosive ordnance disposal (EOD), firefighting, intelligence, surveillance and reconnaissance (ISR), mine clearance, search and rescue, transportation, and others.Intelligence, surveillance, and reconnaissance (ISR) account for the largest market share in 2021 and will remain the biggest market for military robots in the forecast period.
Platform Type
The market is segmented into airborne, land, and marine robots. Land robots account for the largest market share in 2021, increasing the demand for military robots in warfare. Due to the rising demand for land robots in counter-IED operations, warfare platforms are replaced by unmanned systems.
Regional Analysis
• North America will likely maintain its supremacy in the market throughout the forecast period.
• The high military investment by the United States government is expected to facilitate the adoption of military robots in the defense sector of the US, which in turn is expected to contribute. to the growth of the market in the North American region over the forecast period.
Key Players
The following are some of the key players in the military robots market:
• Cobham PLC
• Lockheed Martin Corporation
• Endeavor Robotics (iRobot)
• Northrop Grumman Corporation
• QinetiQ
Research Method
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions… -
What is the global demand for military robots market in terms of revenue?
- Which are the prominent players in the market?
- At - What
are the driving factors fueling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long Will it take to recover from the Covid impact?
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