Market Share of Military Robots Industry
The market for military robots is fragmented due to the presence of multiple established military OEMs and technology firms. Some prominent players in the military robots market include Lockheed Martin Corporation, Northrop Grumman Corporation, THALES, Elbit Systems Ltd, and BAE Systems PLC. There are many local players in the market, such as Defence Research and Development Organisation (DRDO), Baykar, and Milrem AS, among others.
The small players funded by the government are expected to play a key role in developing and maturing the robotics technology over the next decade, while the military forces test and experience the technology's challenges, risks, and benefits and settle on key expectations and technological necessities for their equipment. Next-generation military equipment and platforms being developed by players are being observed keenly on their progress and technology development. They are expected to gain popularity and customer interest in the years to come.
Military Robots Market Leaders
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Elbit Systems Ltd
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BAE Systems plc
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Northrop Grumman Corporation
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Lockheed Martin Corporation
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THALES
*Disclaimer: Major Players sorted in no particular order
