The global military robot market size is expected to reach USD 25.66 billion by 2027, exhibiting a CAGR of 12.2% during the forecast period. The growing adoption of advanced aerial robots in military operations, including attacking, rescue activities, surveillance, and others will have a tremendous impact on the global market, states Fortune Business Insights, in a report, titled “Military Robots Market Size, Share & Industry Analysis, By Platform (Airborne, Land, Naval), By Mode of Operation (Semi-Autonomous and Autonomous), By Mode of Propulsion (Manual, Electric, and Hybrid), By Application (Intelligence, Surveillance, and Reconnaissance, Search and Rescue, Combat Support, Transportation, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 13.87 billion.
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The Report Lists the Key Companies in the Military Robots Market:
Northrop Grumman Corporation (The U.S.), Thales Group (France), FLIR Systems, Inc. (The U.S.), Clearpath Robotics Inc. (Canada), Cobham Limited (The U.K.), QinetiQ (The U.K.), AeroVironment, Inc., BAE Systems. (The U.K.), Elbit Systems Ltd. (Israel), Raytheon Technologies (The U.S.)