Advancing Defense Technology : Comprehensive Study Of The Military Robots Market Forecast, 2021-2030

(MENAFN- EIN Presswire) PORTLAND, OREGAON, UNITED STATES, July 10, 2024 /EINPresswire / -- According to a recent report published by Allied market Research, titled, Military Robots Market Size, Share, Competitive Landscape and Trend Analysis Report by Application (Combat Support, Intelligence, Surveillance and Reconnaissance (ISR), Mine Clearance, Explosive Ordnance Disposal (EOD), and Others), Mode of Operation (Human Operated and Autonomous), and platform (Airborne Robots, Land Robots, and Marine Robots): Global Opportunity Analysis and industry Forecast, 2021-2030. The global military robots market was valued at $17,556.51 million in 2020 and is projected to reach $34,618.14 million in 2030, registering a CAGR of 7.4%.

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Key Findings Of The Study :

By application, the combat support segment is expected to register a significant growth during the forecast period.

By mode of operation, the autonomous segment is anticipated to exhibit significant growth in future.

By platform, the land robots segment is projected to lead the global military robots market, owing to higher CAGR as compared to airborne and marine robots segment.

By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Leading Market Players :

BAE Systems plc,
Elbit Systems Ltd.,
General Dynamics Corporation,
Israel Aerospace Industries Ltd.,
Lockheed Martin Corporation,
Northrop Grumman Corporation,
Rafael Advanced Defense Systems Ltd.,
Rheinmetall AG,
Thales Group

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Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. The U.S. dominated the global military robots market share in North America region in 2020, owing to increase in R&D activities, technological developments by big players, rapid adoption of innovative technologies in making reliable, precise, and efficient autonomous systems. North America is expected to grow at a significant rate during the forecast period, owing to rise in adoption of military robots, along with its huge defense spending and the presence of major defense equipment manufacturers such as BAE Systems plc, Northrop Grumman Corporation, Raytheon Technologies Corporation, and others.

By application, the market is categorized into combat support, intelligence, surveillance and reconnaissance (ISR), mine clearance, explosive ordnance disposal (EOD), and others. The combat support segment accounted for the highest revenue in 2020, owing to high demand for a military robot by defense forces to assist in combat operations throughout the globe.

By mode of operation, the military robots market is bifurcated into human operated and autonomous. The human operated segment accounted for the highest revenue in 2020, owing to the high demand for human operated robots as it involves the unmanned feature and human intelligence capabilities.

By platform, the military robots market is bifurcated into airborne robots, land robots, and marine robots. The land robots segment accounted for the highest revenue in 2020, as they offer high efficiency, lethality and reliability in a combat situation.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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