Market Size of Military Robots Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 24.37 Billion |
Market Size (2029) | USD 34.12 Billion |
CAGR (2024 - 2029) | 6.97 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Military Robots Market Analysis
The Military Robots Market size is estimated at USD 24.37 billion in 2024, and is expected to reach USD 34.12 billion by 2029, growing at a CAGR of 6.97% during the forecast period (2024-2029).
- Since the demand for military robots is a direct proponent of the ongoing procurement and upgrade of the fielded armada of aerial, terrestrial, and naval platforms, it is significantly affected by the sanctioned annual defense budget of the nations. The COVID-19 pandemic had a moderate impact on the market in focus due to disruption in the defense supply chains and production outputs in 2020. However, the market has improved since then due to the streamlining of the supply chain activities, helping the growth of the military robots market.
- The changing texture of warfare and the price placed on war casualties have favored robot deployments in modern wars. Casualties in past wars have raised concern and resulted in most governments investing in new unmanned systems to maintain a fleet of UAVs, UUVs, and UGVs for critical missions.
- Countries are collaborating on advanced technologies in robotics to develop new vehicles that can overcome challenges and support ground troops for future warfare. Additionally, the major players in the industry are supported by government bodies that make substantial investments, which enables them to spend more on R&D, allowing the companies to innovate continuously and introduce more efficient and advanced technologies.
Military Robots Industry Segmentation
Military robots are autonomous or remote-controlled systems designed for various military applications. The military robots contribute to the defensive superiority of the forces. They can augment human capabilities, protect soldiers from danger, or eliminate the necessity to deploy soldiers completely while also safely responding to threats of all kinds, including natural disasters.
The market is segmented into platform, mode of operation, and geography. By platform, the market is segmented into land, marine, and airborne. By mode of operation, the market is segmented into human-operated and autonomous. The report also covers the market sizes and forecasts for the military robots market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
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Military Robots Market Size Summary
The military robots market is poised for significant growth, driven by the increasing demand for unmanned systems across aerial, terrestrial, and naval platforms. This demand is closely linked to national defense budgets and the evolving nature of warfare, which has underscored the need for reducing human casualties. The market experienced moderate disruptions due to the COVID-19 pandemic, but has since rebounded as supply chain activities were streamlined. Countries are investing heavily in advanced robotics technologies to develop vehicles that can support ground troops and enhance combat capabilities. This investment is further bolstered by government support for major industry players, enabling continuous innovation and the introduction of advanced military robotics technologies.
The land segment of the military robots market is expected to witness the highest growth rate, fueled by increased military expenditure globally. Countries are actively testing and deploying sophisticated military robots for dangerous missions, such as mine clearance and firefighting, to protect personnel. Notable advancements include the development of the Modular Advanced Armed Robotic System and the acquisition of unmanned ground vehicles by the US Army. In the Asia-Pacific region, countries like China, India, and South Korea are rapidly expanding their defense capabilities with unmanned systems, driven by regional tensions. The market is characterized by a mix of established military OEMs and local players, with both contributing to the development and maturation of robotics technology.
Military Robots Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Platform
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2.1.1 Land
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2.1.2 Marine
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2.1.3 Airborne
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2.2 Mode of Operation
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2.2.1 Human Operated
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2.2.2 Autonomous
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 France
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2.3.2.3 Germany
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2.3.2.4 Russia
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2.3.2.5 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 South Korea
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.2 Rest of Latin America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 United Arab Emirates
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2.3.5.3 Israel
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2.3.5.4 Turkey
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2.3.5.5 Rest of Middle-East and Africa
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Military Robots Market Size FAQs
How big is the Military Robots Market?
The Military Robots Market size is expected to reach USD 24.37 billion in 2024 and grow at a CAGR of 6.97% to reach USD 34.12 billion by 2029.
What is the current Military Robots Market size?
In 2024, the Military Robots Market size is expected to reach USD 24.37 billion.