Global Military Robots Market: Key Highlights
Global Military Robots Market: Key Market Dynamics
Global Military Robots Market: Regional Overview
North America is expected to dominate the military robots market during the forecast period, this can be attributed to advancements in robotics and early adoption of AI, machine learning, and other military-related technologies. US market is expected to drive the military robot market in the North America region due to large investment in research and development of robotics and high national security budget. In October 2019, United States Army Research Laboratory (ARL) is upgrading its legged locomotion and movement adaptation (LLAMA) robot to boost its mobility and speed through system weight reduction. The presence of global players such as Lockheed Marin Corporation, Northrup Grumman Corporation, Aerovironment, Inc.(US), and Boston Dynamics is expected to increase the market during the upcoming years.
Europe is expected to grow at a faster rate during the forecast period due to the rapid advancements and adoption of military technologies in this region. The UK, France, Germany, and Russia are expected to drive the market in the European region due to the presence of global players such as Qinetiq, Cobham PLC, and Saab AB among others. An increasing need for border security between European countries and homeland security are expected to drive the market in the European region during the forecast period.
Global Military Robots Market: Key Players Overview
FLIR Systems develops, designs, manufactures and distributes various technologies that enhance awareness and perception. The company offers a diversified portfolio that serves a number of applications in industrial, and commercial applications, and government & defense. In 2019, FLIR Systems Inc. acquired Endeavor Robotic Holdings, Inc., a leading developer of battle-tested, tactical unmanned ground vehicles (UGVs) for the global military, public safety, and critical infrastructure markets. The company provides 7,000 robots to customers in over 55 countries. The company is partnered with the US and international defense forces, energy and industrial users, public safety, and law enforcement to design technologically advanced robots that support a wide range of missions.
BAE Systems engages in the provision of products and services for land, air, and naval forces, security, information technology solutions & support services, and advanced electronics. The company operates through five electronic systems, cyber and intelligence, platforms and services, air, and maritime. In October 2019, BAE Systems launched Robotic Technology Demonstrator (RTD) to represent leap-ahead advancements for unmanned combat vehicles. This technology includes sensors with true 360-degree situational awareness to include long-wave infrared imaging, signal processing, and video distribution.
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