Military Robots Market to grow by USD 8.19 Bn, Strengthening of border surveillance and patrolling to boost market growth – Technavio

NEW YORK, Sept. 30, 2022 /PRNewswire/ — The Military Robots Market report has been added to Technavio’s offering. The military robots market value is anticipated to grow by USD 8.19 billion, at a CAGR of 8.15% during the forecast period.

Market Driver

One of the major elements propelling the military robots market’s expansion is the improvement of border patrol and surveillance. Vendors including Elbit Systems, BAE Systems, and Saab provide border patrol and surveillance equipment. As an illustration, Elbit Systems supplies the Border Monitoring System (BSS), which delivers real-time regional surveillance, early warning, and the management of mission-critical border-patrol tasks. Therefore, during the projection period, such advancements and the strengthening of border monitoring and patrolling systems will propel market expansion. Request Free Sample Report.

Market Trend

Another major military robotics market trend driving the industry’s expansion is the development of multi-mission robots. More and more military robots are built to do numerous tasks. Robotics now have more operating flexibility thanks to technological developments and the shrinking of electronic components. Robots do not experience physical or mental weariness like humans do. They are built to withstand more, including the effects of bombs and weaponry.

As a result, modern robots are outfitted with ammunition and mission-specific modules to perform a range of tasks. Recent launches of new multi-mission robots in the military industry by a few of the key competitors in the market are under consideration. Therefore, during the projected time, the development of such robots will boost market expansion. Buy Sample Report.

Vendors Profiles

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, and growth in market share.

Some of the companies covered in this report are AeroVironment Inc., Applied Research Associates Inc., BAE Systems Plc, Bayonet Ocean Vehicles, Cobham Ltd., Ekso Bionics Holdings Inc., Elbit Systems Ltd., General Dynamics Corp., General Robotics Ltd., Israel Aerospace Industries Ltd, L3Harris Technologies Inc., Lockheed Martin Corp., Milanion Ltd, M-Tecks Robotics, Northrop Grumman Corp., Saab AB, Teledyne Technologies Inc., and Thales Group, etc. Download Free Sample Report.

Market Segmentation
  • By Product, the market is classified into airborne military robots, naval military robots, and land-based military robots. Airborne military robots contribute the largest share of the market.
  • By Geography, the market is classified as North America, APAC, Europe, South America, and the Middle East and Africa. APAC will have the largest share of the market.
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Military Robots Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.15%

Market growth 2022-2026

$8.19 billion

Market structure

Fragmented

YoY growth (%)

7.86

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 36%

Key consumer countries

US, China, India, Russia, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AeroVironment Inc., Applied Research Associates Inc., BAE Systems Plc, Bayonet Ocean Vehicles, Cobham Ltd., Ekso Bionics Holdings Inc., Elbit Systems Ltd., General Dynamics Corp., General Robotics Ltd., Israel Aerospace Industries Ltd, L3Harris Technologies Inc., Lockheed Martin Corp., Milanion Ltd, M-Tecks Robotics, Northrop Grumman Corp., QinetiQ Ltd., Robo-Team Defense Ltd., Saab AB, Teledyne Technologies Inc., and Thales Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market Overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments 
    • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product 
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Airborne military robots – Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Airborne military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Airborne military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Airborne military robots – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Airborne military robots – Year-over-year growth 2021-2026 (%)
  • 5.4 Naval military robots – Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Naval military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Naval military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Naval military robots – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Naval military robots – Year-over-year growth 2021-2026 (%)
  • 5.5 Land-based military robots – Market size and forecast 2021-2026 
    • Exhibit 36: Chart on Land-based military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Land-based military robots – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Land-based military robots – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Land-based military robots – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Product 
    • Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.5 Europe – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Russia – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Russia – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Russia – Year-over-year growth 2021-2026 (%)
  • 7.11 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.12 Germany – Market size and forecast 2021-2026
    • Exhibit 82: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 AeroVironment Inc. 
    • Exhibit 93: AeroVironment Inc. – Overview
    • Exhibit 94: AeroVironment Inc. – Business segments
    • Exhibit 95: AeroVironment Inc. – Key news
    • Exhibit 96: AeroVironment Inc. – Key offerings
    • Exhibit 97: AeroVironment Inc. – Segment focus
  • 10.4 Applied Research Associates Inc. 
    • Exhibit 98: Applied Research Associates Inc. – Overview
    • Exhibit 99: Applied Research Associates Inc. – Product / Service
    • Exhibit 100: Applied Research Associates Inc. – Key offerings
  • 10.5 BAE Systems Plc 
    • Exhibit 101: BAE Systems Plc – Overview
    • Exhibit 102: BAE Systems Plc – Business segments
    • Exhibit 103: BAE Systems Plc – Key offerings
    • Exhibit 104: BAE Systems Plc – Segment focus
  • 10.6 Ekso Bionics Holdings Inc. 
    • Exhibit 105: Ekso Bionics Holdings Inc. – Overview
    • Exhibit 106: Ekso Bionics Holdings Inc. – Business segments
    • Exhibit 107: Ekso Bionics Holdings Inc. – Key offerings
    • Exhibit 108: Ekso Bionics Holdings Inc. – Segment focus
  • 10.7 Elbit Systems Ltd. 
    • Exhibit 109: Elbit Systems Ltd. – Overview
    • Exhibit 110: Elbit Systems Ltd. – Product / Service
    • Exhibit 111: Elbit Systems Ltd. – Key offerings
  • 10.8 General Robotics Ltd. 
    • Exhibit 112: General Robotics Ltd. – Overview
    • Exhibit 113: General Robotics Ltd. – Product / Service
    • Exhibit 114: General Robotics Ltd. – Key offerings
  • 10.9 Israel Aerospace Industries Ltd 
    • Exhibit 115: Israel Aerospace Industries Ltd – Overview
    • Exhibit 116: Israel Aerospace Industries Ltd – Product / Service
    • Exhibit 117: Israel Aerospace Industries Ltd – Key news
    • Exhibit 118: Israel Aerospace Industries Ltd – Key offerings
  • 10.10 L3Harris Technologies Inc. 
    • Exhibit 119: L3Harris Technologies Inc. – Overview
    • Exhibit 120: L3Harris Technologies Inc. – Business segments
    • Exhibit 121: L3Harris Technologies Inc. – Key news
    • Exhibit 122: L3Harris Technologies Inc. – Key offerings
    • Exhibit 123: L3Harris Technologies Inc. – Segment focus
  • 10.11 Lockheed Martin Corp. 
    • Exhibit 124: Lockheed Martin Corp. – Overview
    • Exhibit 125: Lockheed Martin Corp. – Business segments
    • Exhibit 126: Lockheed Martin Corp. – Key news
    • Exhibit 127: Lockheed Martin Corp. – Key offerings
    • Exhibit 128: Lockheed Martin Corp. – Segment focus
  • 10.12 Teledyne Technologies Inc. 
    • Exhibit 129: Teledyne Technologies Inc. – Overview
    • Exhibit 130: Teledyne Technologies Inc. – Business segments
    • Exhibit 131: Teledyne Technologies Inc. – Key news
    • Exhibit 132: Teledyne Technologies Inc. – Key offerings
    • Exhibit 133: Teledyne Technologies Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 140: List of abbreviations
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