Global Military Robots Market Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Major players in the military robots’ market are Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment, Inc, Irobot, Boston Dynamics, Thales Group, Elbit Systems Ltd, and Turkish Aerospace Industries Inc. The global military robots the market is expected to decline from USD 19.19 billion in 2019 and to USD 18.68 billion in 2020 at a compound annual growth rate (CAGR) of -2.66%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 25.28 billion in 2023 at a CAGR of 10.61%. The global military robots market consists of sales of robots designed for military applications. The market consists of revenue generated by the establishments by the sales of remotely controlled military robots that are designed for tasks such as transport, search, rescue, gunfire/attack, airborne and for underwater surveillance, image capturing, bomb disposal, carry wounded military personnel and detect mines. North America was the largest region in the military robot market in 2019. Europe is expected to be the fastest-growing region in the forecast period, followed by the Asia Pacific. Multi-mission robots are designed to carry out multi-domain operations in the military. Unlike humans, robots do not suffer from physical and mental exhaustion. With continuous advances in electronic component technology and miniaturization, the operational flexibility of robots increased tremendously. They exhibit greater endurance from the impact of bombs and weapons ensuring greater security. Today’s robots are equipped with mission-specific tasks and individual munitions. The payloads that these robots carry may be integrated into line with the mission requirements. For instance, 710 Kobra is a heavy-duty, multi-mission robot designed by American robot maker iRobot Defense & Security (now Endeavor Robotics Holdings) to provide increased safety and mission effectiveness for soldiers, first responders, and security personnel. The military robots market covered in this report is segmented by the platform into the land; marine; airborne. It is also segmented by application into ISR; search and rescue; combat support; transportation; EOD; mine clearance; firefighting, by payload into sensors; cameras; LCD screens; weapons; radar; others and by end-user into armed forces; homeland securities. The decline in the defense budget in developed economies across the globe acts as restraints for the industry. World military expenditure is an estimated USD 1822 billion in 2018. The global military expenditure as a share of GDP fell to 2.1 percent in 2018. According to International Monetary Funds (IMF) report, there has been a significant drop in global military spending as a percent of GDP from 3.6% during the Cold War era (1970-90) to 1.9% in the current decade (2010-18). Military spending decreased in Eastern Europe, North Africa, Oceania, South East Asia, sub-Saharan Africa, and the Middle East. For instance, military expenditure in Africa fell by 8.4 percent in 2018, by 6.5 percent in Saudi Arabia, by 1.4 percent in France, and in Russia by 3.5 percent in 2018. The decline in the defense budget in some developed economies across the globe is expected to hamper the military robot market. In February 2019, FLIR Systems is a world-leading maker of sensor systems acquired Endeavor Robotics for USD 385M amount. With the addition of Endeavor, FLIR becomes a leading provider of unmanned aerial and ground solutions to support the needs of warfighters, and public safety and critical infrastructure professionals. Endeavor Robotics is a robotics company focused on the defense, public safety, and industrial markets. The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security. The primary objective of the border patrol robots is to save the lives of security personnel deployed for border surveillance. Border patrol systems that utilize the PIR sensor for human detection and a metal detector for explosive detection, can accurately detect the border intrusion with minimum human involvements. The system also uses a wireless camera to continuously monitor the border. Based on the fact that autonomous military systems can cut down cost, improve effectiveness, enable more broad military operations, and importantly help keep security personnel out of harm, various countries are adopting military robots for border security. The increasing adoption of military robots by various countries, therefore, is expected to drive the military robot market growth. For More Information on the Research Report, refer to below links: – Global Military Robots Market Outlook Related Report: – Global Military Robots and Unmanned Vehicles Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Aerovironment Military Robots Market Sales Growth, Armed Forces Military Robots Market, Asia-Pacific Military Robots Market, BAE Systems Military Robots Market Revenue, Combat Support Military Robots Market, EOD Military Robots Market, Firefighting Military Robots Market, Global Airborne Military Robots Market, Global Land Military Robots Market, Global Marine Military Robots Market, Global Military Robots Industry Research Report, Global Military Robots Market Analysis, Global Military Robots Market Forecast, Global Military Robots Market Future Outlook, Global Military Robots Market Growth Rate, Global Military Robots Market Major Players, Global Military Robots Market Research Report, Global Military Robots Market Revenue, Global Military Robots Market Share, Global Military Robots Market Size, Homeland Securities Military Robots Market, ISR Military Robots Market, Lockheed Marin Military Robots Market SHare, Middle East Military Robots Market, Mine Clearance Military Robots Market, Northrup Grumman Military Robots Market Size, Search and Rescue Military Robots Market, South America Military Robots Market, Transportation Military Robots Market, UK Military Robots Market Overview, Western Europe Military Robots Market