Home > Aerospace & Defense > Defense and Safety > Military Robotics Autonomous Systems Market

Military Robotics Autonomous Systems Market Share

Report ID: GMI7952
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Military Robotics Autonomous Systems Market Share

Lockheed Martin Corporation and Northrop Grumman hold a significant market share of over 28% in the military robotics autonomous systems industry. These companies strategically expanded their share by implementing innovative technologies and forging collaborative partnerships. By aligning themselves with cutting-edge advancements, these companies developed autonomous systems equipped with enhanced capabilities, effectively meeting the dynamic needs of defense forces.

Collaborations with government agencies and defense contractors, they seamlessly integrated their solutions, solidifying their market positions and underscoring their commitment to providing state-of-the-art autonomous solutions for military applications.

Military Robotics Autonomous Systems Market Companies

Major players operating in the military robotics autonomous systems industry are:

BAE Systems
Elbit Systems Ltd.
General Dynamics Corporation
iRobot Corporation
L3Harris Technologies
Lockheed Martin Corporation
Northrop Grumman
QinetiQ
Teledyne FLIR LLC
Thales Group

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size for military robotics autonomous systems reached USD 9.8 billion in revenue in 2023 and is projected to expand at over 10% CAGR between 2024 and 2032 driven by the ongoing technological advancements, with a particular focus on AI solutions.

The UAVs (unmanned aerial vehicle) segment accounted for more than 36% share of the military robotics autonomous systems market in 2023 and is estimated to record high demand through 2032 owing to the growing demand in modern warfare.

North America accounted for more than 31% revenue share of the military robotics autonomous systems industry in 2023 and is expected to exhibit robust growth between 2024 and 2032 attributed to the robust technological infrastructure and strategic investments.

Some of the leading industry players are BAE Systems, Elbit Systems Ltd., General Dynamics Corporation, iRobot Corporation, L3Harris Technologies, Lockheed Martin Corporation, Northrop Grumman, QinetiQ, Teledyne FLIR LLC, and Thales Group.