Industry Background:
The autonomous robots or remote-controlled robots are designed purposefully for military applications like search operations, surveillance, rescue operations, and additionally to transportation area units referred to as military robots. Military robots are technologically advanced, and complicated robots and use numerous technologies like GPS, LIDAR, and fiber optics tether. The complicated nature of autonomous ground navigation in military robots needs advanced sensors and cameras to work the vehicle effectively in dangerous environments.This growth is primarily driven by Increasing Government Investments in Unmanned Systems and Emerging Demand for UGVs For Counter Insurgency Operations.
Globally, a noticeable market trend is evident Integration of Automation with Help of Internet of Things or Artificial Intelligence in Military Robotics. The Robotics & Automation sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Northrop Grumman Corporation (United States), Lockheed Martin Corporation (United States), Elbit Systems Ltd (Israel), BAE Systems plc (United Kingdom), FLIR Systems, Inc (United States), Raytheon Technologies (United States), IAI (Israel), Leonardo S.p.A. (Italy), Kratos Defense & Security Solutions, Inc. (United States), Boeing (United States) and SAAB Ab (Sweden) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2018, ECA Group launched a mid-size Automated Underwater Vehicle (AUV), A18-M, for underwater mine warfare. This AUV is specifically designed for mine counter missions.
Market Drivers
- Increasing Government Investments in Unmanned Systems
- Emerging Demand for UGVs For Counter Insurgency Operations
Market Trend
- Integration of Automation with Help of Internet of Things or Artificial Intelligence in Military Robotics
Restraints
- High Cost Associated with Advanced Technologies
Opportunities
Rising Employment of the 5G Infrastructure and Wireless Communication System and Rising Precautions from Military to Scan, Identify and Reinforce Security at Military Camps with Help of Robots
Challenges
Lack of Advanced Visual Capabilities in Unmanned Ground Vehicles
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Military Robotics Study Sheds Light on
The Military Robotics Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Military Robotics industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Military Robotics industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.