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Military Robots Market worth $26.49 billion by 2029 - Exclusive Report by MarketsandMarkets(TM)
Wednesday, January 22, 2025

DELRAY BEACH, Fla., Jan. 14, 2025 /PRNewswire/ -- The Military robots market is projected to reach USD 26.49 billion by 2029, from USD 18.20 billion in 2024, at a CAGR of 7.8% according to a new report by MarketsandMarkets(TM). The growth of the military robots market is driven by several factors, including the growing use of UAVs to counter-terrorism. These aerial robots are increasingly employed for targeted surveillance, precision strikes, and intelligence gathering in high-risk areas, minimizing the exposure of human soldiers.

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Browse in-depth TOC on "Military Robots Market"
624 - Tables
104 - Figures
504 - Pages

Military Robots Market Report Scope:


     Report Coverage           
     Details



     Market Revenue in 2024                                                                  
            $ 18.20 billion



     Estimated Value by 2029                                                                 
            $ 26.49 billion



     Growth Rate                                                                     Poised to grow at a CAGR of 7.8%



     Market Size Available for 
     2020-2029



     Forecast Period           
     2024-2029



     Forecast Units            
     Value (USD Million/Billion)



     Report Coverage           
     Revenue Forecast, Competitive Landscape, Growth Factors, and Trends



     Segments Covered            By Type, Application, Operational Technology, Propulsion, System, Deployment Method,
                                   Range, and End User



     Geographies Covered       
     North America, Europe, Asia Pacific, and Rest of World



     Key Market Challenge      
     Lack of Skilled and Trained Personnel to Operate UAVs



     Key Market Opportunities  
     Increased defense budgets of different countries



     Key Market Drivers        
     Growing Demand for Autonomous Systems in the Defense Sector

Similarly, Unmanned Ground Vehicles (UGVs) are witnessing increasing adoption for tasks like explosive ordnance disposal, and battlefield reconnaissance. In the marine domain, Unmanned Underwater Vehicles (UUVs) and Unmanned Surface Vehicles (USVs) are gaining traction for mine countermeasures, and maritime surveillance, with defense organizations investing significantly in enhancing their autonomous navigation and endurance. Collectively, the integration of these land, marine, and airborne robots reflects a growing trend toward reducing human risks and increasing operational efficiency in military operations.

Based on operational technology, the autonomous segment will grow at the highest CAGR in the military robots market during the forecast period.

The autonomous segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for advanced technologies that can enhance operational efficiency, reduce human risk, and provide tactical advantages on the battlefield. These systems can operate in dangerous environments, conduct reconnaissance, and execute precision strikes with minimal human oversight, making them invaluable for modern warfare. Additionally, as defense forces look to minimize personnel casualties and enhance mission capabilities, the shift toward autonomous systems is accelerating, driving substantial growth in this segment. The continuous evolution of autonomous technologies and their integration with other military systems will further fuel their expansion in the coming years.

Based on the propulsion, the electric segment will lead the market during the forecast period.

The electric propulsion segment is expected to lead the military robots market during the forecast period due to its significant advantages in terms of efficiency, reliability, and operational flexibility. Electric propulsion systems offer quieter and more efficient performance, which is critical in military applications where stealth and energy conservation are paramount. These systems also benefit from lower maintenance costs, enhanced maneuverability, and the ability to operate in a wide range of environments without relying on fuel-based systems. Additionally, with advancements in battery technology and energy management systems, electric propulsion is becoming more viable for longer missions, further boosting its adoption in military robotics.

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North America is expected to capture the largest share during the forecast period in 2024.

North America is leading the military robots industry primarily due to its significant defense budgets, advanced technological capabilities, and strong focus on modernizing military operations. The US, in particular, is the largest spender on defense globally, a portion of which is dedicated to research, development, and procurement of autonomous systems. North America has a robust infrastructure for developing and testing cutting-edge technologies, including artificial intelligence, robotics, and autonomous navigation systems, which are critical for military robots. The growing adoption of UAVs for surveillance and precision strikes, coupled with the use of UGVs and UUVs for reconnaissance, logistics, and maritime operations, underscores the region's leadership. Additionally, the presence of government programs like DARPA also plays a pivotal role in fostering innovation and maintaining North America's leadership in this sector.

The report profiles key players in military robots companies such as Northrop Grumman (US), Boeing (US), Lockheed Martin Corporation (US), Elbit Systems (Israel), Teledyne Technologies Incorporated (US), General Dynamics Corporation (US), BAE Systems (UK), Thales (France), L3harris Technologies Inc. (US), and Leonardo S.p.A (Italy).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Unmanned Systems Market by Type (Unmanned Aerial Vehicle, Unmanned Marine Vehicle, Unmanned Ground Vehicle), Application (Defense, Government & Law Enforcement, Commercial, Consumer, Other), Mode of Operation, and Region -Global Forecast to 2030

Military Radar Market by Platform, Product Type (Surveillance and Early Airborne Warning Radar, Tracking and Fire Control Radar, Multi Function Radar, Airborne Moving-Target Indication (MTI) Radar), Frequency Band, Dimension - Global Forecast to 2029

UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region - Global Forecast to 2029

Unmanned Underwater Vehicles Market by Type (Autonomous Underwater Vehicles (AUVs), Remotely Operated Vehicles (ROVs)), Product Type), Propulsion, Application, System, Speed, Shape, Depth and Region - Global Forecast to 2030

Military Drone Market by Platform (Small, Tactical, Strategic), Type (Fixed Wing, Rotary Wing, Hybrid), Application (UCAVs, ISR, Delivery), Propulsion (Fuel Powered & Battery Powered), MTOW, Operation Mode, Launching Mode, and Region - Global Forecast to 2028

About MarketsandMarkets(TM)

MarketsandMarkets(TM) has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets(TM) is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore(TM) (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets(TM).com or follow us on Twitter, LinkedIn and Facebook.

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SOURCE MarketsandMarkets



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