(Aviation-NewsWire.Com, February 13, 2018 ) Military Robotics are the being majorly used for military and homeland security purpose, it has been designed for armed tasks like gunfire, airborne, and for underwater surveillance. These robots help military capable of image capturing, bomb disposal, gunfire, carry wounded military personnel, and detect mines among others. The major driving factors for the military robotics market is the advancement of automation in the defense industry. Moreover, these robots can traverse through rough and hazardous environment, which is increasing the interest among the defense forces across the globe to incorporate robots in to their battalions.
The factor acting as an inhabitant to the growth of market for military robotics is the initial investments to procure rugged robots and moreover, these robots indulge in high maintenance cost due to multi-function programmability, which in turn incurs huge costs. However, the increasing development in artificial intelligence acts as an opportunities for the market of military robotics during the forecast period.
The “Global Military Robotics Market Analysis to 2025” is a specialized and in-depth study of the military robotics industry with a focus on the global market trend. The report aims to provide an overview of global military robotics market with detailed market segmentation by platform, application, end users, and geography. The global military robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global military robotics market based on platform, components, and end users. It also provides market size and forecast till 2025 for overall military robotics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter’s Five Forces analysis, projecting the bargaining power of buyers and suppliers, threats to substitute products and new entrants and rivalry among competitors in the industry.
Also, key military robotics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Boston Dynamics, Elbit Systems Ltd., Lockheed Martin Corporation, Israel Aerospace Industries, Rheinmetall AG, Turkish Aerospace Industries, SAAB AB, Endeavor Robotics, Aerovironment, Inc., and Qinetiq North America among others.
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