Military Robots Market Top Manufacturers Analysis, Size Report and Growth

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Military Robots Market Top Manufacturers Analysis, Size Report and Growth
2 Min Read

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 amalgamation of technologies such as artificial intelligence, real-time data monitoring, and the Internet of Things (IoT) has accelerated the demand for military robots in modern warfare, thus aiding the market. These robots can track, record, and perform required counter-attacks on the targets located far away from the soldiers, hence easily identifying enemies on the ground sea, or air. The increasing utilization of robots for intelligence, surveillance, and reconnaissance (ISR) activities will bolster the healthy growth of the market. Furthermore, the growing focus of companies towards designing and developing small robots capable of transmitting images and videos to the ground-based station for assisting soldiers to make real-time decisions on battlefields will subsequently augur well for the global market during the forecast period.

To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit:

https://www.fortunebusinessinsights.com/military-robots-market-104663