Product ID: SQMIG45I2159
Report ID:
SQMIG45I2159 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
311 |
Figures:
81
Military Robots Market size was valued at USD 19.08 billion in 2019 and is poised to grow from USD 20.63 billion in 2023 to USD 38.79 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).
Military robots are self-driving or remotely controlled robots that are used for military purposes ranging from transportation to search and rescue to attack. Some of these systems are already in use, and many more are being developed. The evolving nature of combat, as well as the monetary value placed on war losses, have bolstered the use of robots in recent wars. Because of the high number of casualties in previous wars, most governments have invested in new unmanned systems to keep a fleet of UAVs, UUVs, and UGVs on hand for critical missions. Countries are collaborating to develop new vehicles capable of overcoming obstacles and assisting ground troops in future warfare using advanced robotics technology.
Furthermore, the industry's major players are supported by government agencies that make significant investments, allowing them to spend more on R&D, allowing corporations to consistently develop and create more efficient and advanced technology. The growing trend of combining humans and robots on the battlefield is expected to hasten the development of unmanned military weapons. Robots can perform tasks more quickly and precisely, reducing the number of casualties during combat. The incorporation of technology in military robots such as artificial intelligence, real-time data monitoring, and the Internet of Things (IoT) has significantly changed the dynamics of modern combat. Soldiers' unpredictable threat can be easily identified and tracked by AI-integrated robots on air, ground, and sea platforms.
US Military Robots Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONMilitary Robots Market size was valued at USD 19.08 billion in 2019 and is poised to grow from USD 20.63 billion in 2023 to USD 38.79 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).
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Product ID: SQMIG45I2159