Rise in Technological Advancement to Drive Military Robots Market: Ken Research
The Military robots consist of robots designed for the various military applications, associated to transportation, attack, search & rescue work. These robots acts as an alternative to human soldiers and are capable of managing over a broader range of combat operations, such as picking off snipers, and carrying out the targeted acquisitions with much greater efficiency and accuracy. The military robots may also deploy in dangerous areas for analyzing situation in real-time accident scenario where troops can be killed.
According to study, “Global Military Robots Market by Platform, Application, Operation, Payload and Region 2014-2025: Growth Opportunity and Business Strategy” the key companies operating in the global military robots market are AeroVironment, Inc., Aviation Industry Corporation of China (AVIC), Aeryon Labs, Boston Engineering, Atlas Elektronik GMBH, Boston Dynamics, BAE Systems plc., China Aerospace Science and Technology Corporation (CASC), Boeing, CybAero AB, Challis Heliplane UAV Inc., Elbit Systems Ltd., Clearpath Robotics, Inc., Energid Technologies Corporation, Denel Dynamics, General Atomics Aeronautical Systems, ECA Group, International Submarine Engineering (ISE) Ltd., FT SISTEMAS S.A., Kongsberg Gruppen ASA, General Dynamics Corporation, L-3 Communications Holdings Inc., Israel Aerospace Industries, Lockheed Martin, Kratos Defense & Security Solutions, Inc., Northrop Grumman Corporation, Leonardo-Finmeccanica, Oceanserver Technology, Inc., MMist Inc., Proxy Technologies Inc., Prox Dynamics AS, SAAB SEAEYE LTD., ReconRobotics, Inc., Schilling Robotics, LLC, Safran S.A., Teledyne Technologies Inc., Schiebel, Thales S.A., Teledyne Gavia EHF., Turkish Aerospace Industries Inc., Textron Inc.
Based on platform, military robots market is segmented into land robots, airborne robots and marine robots. Land robots are further sub-segmented into wheeled robots, legged robots, tracked robots and wearable robots. Airborne robots are further sub-segmented into HALE Military Drones, MALE Military Drones and tactical Drones. Additionally, marine robots are further sub-segmented into Autonomous Underwater Vehicles (AUV), Unmanned Surface Vehicles (USV) and Remotely Operated Vehicles (ROV). Based on operation mode, market is segmented into autonomous operation mode and human operated operation mode. Autonomous operation mode is further sub-segmented into semi-autonomous operation mode. Human operated operation mode is further sub-segmented into tethered and untethered. Based on payload, market is segmented into sensor, radar & GPS, laser, weapons, camera, video screens and others. In addition, based on application, market is segmented into Intelligence, Surveillance and Reconnaissance (ISR), mine clearance, transportation, search & rescue, combat support, firefighting, Explosive Ordnance Disposal (EOD) and others. The military robots market is driven by improvement in intelligence, surveillance, reconnaissance, and target acquisition through utilization of robots with remote operations and control in the risky areas are expected to support the demand of military robots over the forecast period.
Based on geography Europe market is further projected to grow at a significantly higher CAGR over the forecast period owing to large scale growth in demand for the military robots coupled with rise in advancement in military technologies and increase adoption advanced technologies by militaries/forces of European countries such as Germany, France, and U.K. among others. Furthermore, the Asia-Pacific and North-American regions are estimated to register higher growth rate owing to substantial rise in investment and development of the much advanced ground robots for the various application such as transportation, surveillance, and combat applications in the upcoming years.
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Ankur Gupta, Head Marketing & Communications