Military robots: Key market research findings
- Multi-role robots equipped with sensors
- Replacement of soldiers with humanoid robots
Technavio has released a new market research report on the global military robots market, which is expected to grow at a CAGR of around 9% between 2016 and 2020. Rise in extremist and encroachment activities have pushed several governments and defense authorities to procure and develop military robots to compensate for the military downsizing. Military robots can perform hazardous tasks, and are more reliable and efficient in the battlefield. EMEA is the fastest-growing region in the global military robots market, owing to rising disputes in the region. The region is expected to witness increased rate of development, procurement, and deployment of military robots for intelligence, surveillance, and reconnaissance (ISR) and combat operations during eth forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“In wake of the rising conflicts in the urban environment, military forces are equipping military robots with visual cameras and EO sensors. Changes in military security missions such as the shift to net-centric warfare (NCW), an increase in low-intensity conflicts (LIC), and the need for persistence, have necessitated the demand for remote sensors. Besides being used for tracking, targeting, and intelligence gathering, these sensors provide live video footage, day and night surveillance, and thermal imaging, and large area scans,” says Abhay Singh, Lead Analyst, Aerospace & Defense, Technavio Research
To counter the decreasing budget cuts, several governments are downsizing their military personnel. Technological advancements and evolution of drones have reduced the number of armed personnel, thereby encouraging the adoption of robots over the forecast period. The replacement of the armed troops with remote-controlled vehicles or robots in the infantry would result in reduced human workforce and an increase in unmanned strength. This will result in improved effectivity, efficiency, greater intelligence gathering ability, and combat capability of the infantry units. Moreover, it is likely that the cost of a robot would be approximately 10% to that of its human counterpart.
The leading vendors in the global military robots market include Lockheed Martin, Northrop Grumman, General Dynamics, Thales and Boston Dynamics. This market is highly competitive, where vendors compete based on cost, product quality, reliability, and aftermarket service. The global vendors in the market focus on the implementation of lightweight materials, electric technologies, and robust systems. To survive and succeed such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality military robots with latest technology and materials. The market is expected to witness rise in M&As along with increased collaboration with alliance partners across the globe, in the coming years.
A more detailed analysis is available in the Technavio report, Global Military Robots Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
