Friday, April 8th, 2016 - WiseGuyReports adds“Military Robots Global Market Analysis to 2016 & Forecast to 2020”reports to its database. We can offer you discount on this report.

This market research study presents a detailed segmentation of the global military robots market by platform (airborne, naval, and land-based) and by geography (the Americas, APAC, and EMEA). The leading vendors in this market are Boston Dynamics, General Dynamics, Lockheed Martin, Northrop Grumman, and Thales Group.

Outlook of the global military robots market 
Technavio’s market research analyst predicts that the global military robots market will grow at a steady CAGR of just over 9% during the forecast period. Many countries are spending a part of their aerospace and defense budgets to develop and deploy military robots to perform hazardous tasks. Of the several types of military robots in use, the demand for drones has grown exponentially. Equipped with navigation systems, sensors, and GPS, these drones are used to disarm bombs, provide situation reports to troops, aid in combat, and help in search and rescue operations. This growing demand for drones by the armed forces for use in naval and land-based applications will result in the growth of the military robots market over the forecast period.

Rapid advances in technology have made it possible for vendors to develop and install sense-and-avoid capabilities in UAVs so that they avoid collisions with aircraft and other airborne vehicles. For instance, the US Air Force has installed different sensors on UAVs like the traffic collision avoidance system and electro-optical cameras. These UAVs are also able to send uninterrupted data streams to ground stations during their mission. Newer technologies are being developed, and these will pave the way for shared airspace so that drones can carry out assigned tasks. These types of advances in military robot technology are expected to drive the growth of the market during the forecast period.


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Segmentation by platform and analysis of the military robots market 
- Airborne 
- Naval 
- Land-based

The airborne segment will dominate the global military robots market and will retain just over 40% of the market share by the end of the forecast period. Many of these robots are deployed to carry out intelligence, surveillance, and reconnaissance functions. UAVs are far better for aerial surveillance in remote areas and also maritime surveillance.

Geographical segmentation and analysis of the military robots market 
- Americas 

The Americas currently dominate the military robots market and will generate revenues of close to USD 9 billion by the end of the forecast period. During 2014, the US contributed nearly 34% towards the global military spending. In 2015, the US House of Representatives passed a defense budget of $585 billion, through the National Defense Authorization Act (NDAA), which is likely to account for 54% of the total federal discretionary spending. It allocates the US Navy with a budget of $158.8 billion, followed by the Air Force with $152.4 billion, and the US Army with $147.6 billion. Such high military spending is likely to drive the market in the Americas during the forecast period.

Competitive landscape and key vendors 
The global military robots market is very competitive due to the presence of some key vendors. Vendors compete for market shares based on factors like cost, quality, reliability, and after sales service. To be able to survive and thrive in such a competitive environment, vendors have to provide cost- effective products made from the latest materials and equipped with the newest technologies.


For more information or any query mail at [email protected]

Key vendors in the market are -

- Boston Dynamics 
- General Dynamics 
- Lockheed Martin 
- Northrop Grumman 
- Thales Group

Other prominent vendors in the market are BAE Systems, Elbit Systems, Israel Aerospace Industries, Saab, and Turkish Aerospace Industries.

Key questions answered in the report include 
What will the market size and the growth rate be in 2020? 
What are the key factors driving the global military robots market? 
What are the key market trends impacting the growth of the global military robots market? 
What are the challenges to market growth? 
Who are the key vendors in the global military robots market? 
What are the market opportunities and threats faced by the vendors in the military robots market? 
Trending factors influencing the market shares of the Americas, APAC, and EMEA. 
What are the key outcomes of the five forces analysis of the global military robots market?


For more information or any query mail at [email protected]


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