Military Robots Market Analysis | 2022-2028

Market Insights

The military robots market was estimated at USD 15.6 billion in 2021 and is likely to grow at a CAGR of 10.5% during 2022-2028 to reach USD 26.5 billion in 2028.

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Market Dynamics

Introduction

Military robots include airborne, land and marine robots majorly deployed for the defense field of combat support, explosive ordnance disposal (EOD), firefighting, intelligence, surveillance and reconnaissance (ISR), mine clearance, search and rescue, transportation, and others. Military robots are very useful for reducing human death risk to an extent.

In adverse cases of war, there are numerous human casualties, such as suicidal missions. Robots have capabilities of advanced detection and sensors, as well as capabilities of autonomous decision making. The capability of developing and programming the robot for a specific task. Military robots can be equipped with heavy weapons and can control these weapons much more efficiently than human soldiers.

Market Drivers

The military robots market is driven by a host of factors, some of which are noted below:

• Increasing military budgets across the globe have significantly contributed to the growth of military robots in the market.
• They are increasing military expenditure in developing and developed countries, including the US, Europe, Germany, China, and Japan.
• An increase in military and defense spending is expected to result in an overall increase in adopting advanced technologies in the military sector.
• Rising concern for strengthening the defense and military sector is expected to facilitate the deployment of robots in the security surveillance and the army sector.
• Advanced detection capabilities and sensors help robots in autonomous decision-making; this increases operation efficiency.
• Military robots can be equipped with heavy weapons and can control them much more efficiently than human soldiers making it a choice for defense personnel for deployment in times of crisis.
• Assisting combat operations and a decline in causalities due to replacing soldiers with robots.

However, Stringent Technology-Sharing Regulations and Rising Skepticism Regarding the Use of Automated Weaponized Robots are growth-restricting factors present in the market.

Government investments and funding to uplift military and defense capabilities are responsible for adopting advanced military and defense equipment that utilizes embedded systems. This contributes to the growth of the global military embedded system market during the forecast period.

According to the government of the United States, the United States Department of Defense (DOD) invests heavily in streamlining Foreign Military Sales (FMS). Tactical Autonomous Combatant, ACER, Excalibur unmanned aerial vehicle, PETMAN, and Syrano are some of the military robots currently used in the military and defense sector.

The investment is majorly aimed at manufacturing and developing advanced and innovative products and weapons at reasonable prices for the military and defense sectors of the United States. According to the United States Department of Defense (DOD), the government of the United States spends more than 50% of its total budget annually on the military and defense sectors.

Key Players

The following are the key players in the military robots market (arranged alphabetically)

• Cobham PLC
• Endeavor Robotics (Irobot)
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Qinetiq

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Application Type

"Intelligence, surveillance, and reconnaissance (ISR) account for the largest market share in 2021."

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.

AUVs, UGVs, USVs, UAVs, and ROVs are widely utilized in ISR applications. Moreover, increasing UAV adoption by the military globally is increasing the demand for military robots is expected to intensify.

By Platform Type

"Land robots account for the largest market share in 2021."

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.

At the same time, marine robots are expected to experience the highest growth during the forecast period. The high growth is mainly attributed to the rising use of marine robots in detection, anti-submarine warfare, mine countermeasures, undersea surveillance, security, and inspection.

Regional Analysis

"North America will likely maintain its supremacy in the market throughout the forecast period."

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. Concurrently, Europe is expected to witness the fastest growth in the market during the forecast period. The key factors responsible for the swift growth are the continuous up-gradation in the European military and defense sector by upgrading warfare platform technologies. Major countries, including the U.K., Germany, and France, are investing a huge amount in the up-gradation and advancement of the military sector by introducing robotics and related platforms in defense.

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Recent Developments

Several investments in the defense industry have been directed at military robots in recent years, which would boost the overall market. Some of them are:

As per Stockholm International Peace Research Institute, in April 2022, global military expenditure rose from 0.7% in 2021, which is expected to reach $2,113 billion. The 5 largest defense spenders in 2021 were the United States, the United Kingdom, India, China, and Russia, accounting for around 62% of total expenditure.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), from April 2020 – June 2021, the Foreign Direct Investment (FDI) equity flow in the Indian Defense sector was valued at $10.15 million. 

In August 2021, Milanion Group signed an MOU (memorandum of understanding) with the Ukrainian Armor, granting the distribution rights for an unmanned ground vehicle named Agema.

In May 2021, The US armed forces planned to acquire 600 Centaur unmanned ground vehicles (UGV) valued at around $70 million from FLIR Systems.

In July 2021, L3Harris Technologies delivered 122; T7 explosive ordnance disposal machines under project STARTER to the UK Ministry of Defence (MOD).

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s military robots market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

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Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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