Military robots Market Size: Future Growth, Share, New Investments, In-Depth Survey, Industry Demand

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The rising deployment of military robots in a harsh and hazardous environment is one of the significant factors influencing the market growth.

VANCOUVER, BC, CANADA, February 28, 2022 /EINPresswire.com/ -- The rising deployment of military robots in a harsh and hazardous environment is one of the significant factors influencing the market growth.

The global military robots market is projected to be worth USD 52.16 Million by 2027, according to a current analysis by Emergen Research. The military robots market observes rapid growth attributed to its increasing demand in intelligence, surveillance, and reconnaissance (ISR) in the military & defense sector. The number of war field casualties’ may be considerably reduced by deploying surveillance and reconnaissance robots to fetch the area layout and associated hostile elements. Robots possess the ability to endure harsh terrain, triangulate enemy sites, sense toxic atmospheres, remotely detonate & defuse bombs, and accomplish numerous other missions that may be perilous to humans. After 9/11, the ISR operations active in Iraq and Afghanistan emphasized counter-terrorism and counter-insurgency, and the military had the freedom to operate drones unregulated in these nations.

The researchers have considered all the factors influencing the growth of the military robots market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the military robots market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the military robots market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.

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Key Highlights From The Report

In February 2019, Endeavor Robotics was bought by FLIR Systems for worth USD 385.0 million. The deal is intended to strengthen the growing unmanned systems business of FLIR to cater to the US military’s robot deployment plan.

Land robots are likely to grow at the fastest rate in the forecast period. It assists soldiers in locating the patrolling or ambushing enemies, thereby saving lives. UAVs enable troops to explore suspected bombs. These robots find widespread deployment by armed services for usages such as battles, EOD, and firefighting.

Military robots deployed for transportation improve logistics efficiency and similarly aid movement of soldiers. Military robots assist soldiers in conveying battlefield materials alike assist in picking up causalities.

Emergen Research has segmented the global military robots market on the basis of platform, operation mode, application, and region:
Platform Outlook (Revenue, USD Billion; 2017-2027)
Land
Wheeled
Legged
Tracked
Wearable
Airborne
Unmanned Aerial Vehicle (UAV)
Unmanned Combat Aerial Vehicle (UCAV)
Naval
Unmanned Surface Vehicles (USVs)
Autonomous Underwater Vehicles (AUVs)
Remotely Operated Underwater Vehicles (ROVs)

Operation Mode Outlook (Revenue, USD Billion; 2017-2027)
Human-Controlled
Autonomous
Application Outlook (Revenue, USD Billion; 2017-2027)
Intelligence, Surveillance, and Reconnaissance (ISR)
Combat Support
Search and Rescue
Transportation
Explosive Ordnance Disposal (EOD)
Mine Clearance
Firefighting
Others

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Regional Analysis:
The report sheds light on the region expected to dominate the military robots market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the military robots market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Report Highlights:

Besides offering a vivid depiction of the global military robots business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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