Military Robots Market

FLIR Systems, Inc. and AeroVironment, Inc. are Leading Players in the Military Robots Market

The military robots market size is projected to grow from USD 14.5 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. Drivers for this market include the increasing use of robots in areas affected by chemical, biological, radiological and nuclear (CBRN) attacks, the increased use of robots for mine countermeasures and the increasing use of UAVs in life-threatening missions.

Contracts are among the key strategies adopted by the leading market players to strengthen and sustain their position in the military robots market.

To know about the assumptions considered for the study download the pdf brochure

In June 2020, FLIR Systems, Inc. announced that the US Army and Navy had ordered more than 160 of the company’s Centaur UGVs, as well as related spares and accessories. In April 2020, FLIR Systems, Inc. announced that the US Marine Corps had ordered more than 140 of the company’s Centaur UGVs, as well as spares.

 Key players in the military robots market include FLIR Systems, Inc. (US), BAE Systems (UK), Saab AB (Sweden), QinetiQ (UK), Lockheed Martin Corporation (US), General Dynamics Corporation are some of the winners in the market. These players have a high market share and offer technologically advanced military robots.

FLIR Systems, Inc. is a key supplier of land and airborne military robots to the US Department of Defense. In March 2019, the company completed the acquisition of 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 and increased its product portfolio. In December 2019, FLIR Systems secured a contract worth USD 109 million from the US Army for the supply of 350 Kobra unmanned ground vehicles for Explosive Ordnance Disposal and other such hazardous applications.

AeroVironment, Inc. develops a series of lightweight battery-powered and solar-powered vehicles. It offers innovative UAS and tactical missile system solutions for Intelligence, Surveillance and Reconnaissance (ISR), and communications. The company provides small UAVs, namely, Raven, Wasp AE, Puma, and Shrike, for ISR and communications, including time tactical reconnaissance, tracking, combat assessment, and geographic data. In April 2020, AeroVironment secured a contract worth USD 11 million from the US Navy and US Marine Corps for the supply of Puma 3AE small unmanned aircraft systems for persistent situational awareness and force protection.

Related Reports:

Military Robots Market by Type (Land, Marine, Airborne), Application, System, Deployment Method, Range, End User (Defense, Homeland Security), Mode of Operation, Propulsion and region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AS 3952
RI Published ON
10/21/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Military Robots Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved