Military Robots Market Forecast to 2025


Posted March 22, 2021 by sandycool

Military Robot Market is anticipated to grow from $ 15.6 billion in 2020 to $ 25.3 billion by 2025, progressing with a CAGR of 12.8% from 2020 to 2025.
 
Military Robot Market is anticipated to grow from $ 15.6 billion in 2020 to $ 25.3 billion by 2025, progressing with a CAGR of 12.8% from 2020 to 2025.

Military robots are designed for military applications including search and rescue, transport, mine clearance, and targeting. Combat robots are expected to become an integral part of the military, replacing humans in difficult tasks involving dirty, dangerous and repetitive work. Various dangerous tasks, such as crossing enemy obstacles, are carried out with remote control vehicles as this eliminates the risk of death for the soldier. Other dangerous applications performed by military robots are the recognition and detection of chemical weapons. Major military powers, like the United States and Russia, modernized their armed forces and deployed weapons using robotics. Growing popularity of artificial intelligence and robotics in military applications is anticipated to drive the market during the forecast period. However, there are some shortcomings in the operational performance of military robots, such as the difficulty in achieving interoperability between so many different systems and technologies.

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Recent Developments:

In May 2018, the US military turned to robot soldiers. At this time, they were used for reconnaissance and explosives. Soon they will be on the battlefield alongside the troops. Then comes the hard part.

The British armed forces could recruit robots by 2030. Robot soldiers could play a variety of roles and work alongside army personnel in future conflicts. The robots could increase the ranks of the British military within a few years, a senior military official said.

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Military Robot Market Segmentation:

By Platform
Airborne
Land-Based
Naval
Among these, the airborne segment dominated the market with a share of 46.7% in 2019 and is supposed to grow significantly during the envisioned period. Furthermore, the ground segment accounted for the second-largest market share in 2019 and is anticipated to grow with the highest CAGR of 12% between 2020 and 2025.

By Payload:

Sensor
Radar
Camera
Video Screens
Weapons
Others
The sensors segment generated the highest revenue in 2019 and is expected to have the highest share by the end of 2025 and furthermore, it is expected to reach an annual growth rate of 12.5% ​​by 2025. After the sensor segment, the weapons, radar and cameras segment is expected to experience significant growth over the next 7-8 years.

By Application:

Intelligence, Surveillance and Reconnaissance (ISR)
Pick n Place
Firefighting
Rescue and Search
Explosive Ordnance Disposal
Others
Intelligence, surveillance and reconnaissance segment accounted for the largest market size of approximately $ 587.6 million in 2019 and is supposed to dominate the overall military robot market, surpassing $ 1.210 million by 2025. These military ISR robots are designed primarily for reconnaissance missions, they are able to identify objects from a great distance, locate designated targets, cross an enclosure or simply observe from a position.

Regional Analysis:

North America currently holds the highest share in the global military robot market, due to the development and acquisition of UAVs, UGVs and USVs by the US Defense Forces. Currently, the U.S. military and law enforcement uses military robots for a variety of applications including border security, search and rescue, surveillance and crowd control, and surveillance. In addition, the country is investing in UUVs to strengthen its naval capabilities, which is driving the growth of the market.

Europe is trusted to dominate the military robot market, as manufacturers here are endowed with knowledge of robotics and human interface robot manufacturing. Europe has created different research organizations that provide training in robotics. Advances in robotics innovation have also boosted the development of the European market during the forecast period.

The increased defense spending of developing countries in the Asia-Pacific region is one of the main considerations on which to rely to boost the development of the Asia-Pacific robot market in defense services. The geopolitical elements of the place also have an important role to play in the measures taken by developing economies, such as India and China, to improve armed capabilities. Therefore, these nations focus more on creating unmanned structures, which can help military applications.

Key Players:

The key players in the global military robots market are Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), General Dynamics Corporation (US), BAE Systems (UK), AeroVironment, Inc. (US), IRobot (US), Boston Dynamics (US), Thales Group (France), Elbit Systems Ltd (Israel), Turkish Aerospace Industries Inc. (Turkey), QinetiQ (UK), Cobham PLC (UK), and Saab AB (Sweden), FLIR Systems (US).
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Last Updated March 22, 2021