RTX - Global Military Robots Market Size is Estimated to Reach USD 38794.02 million by 2030 Growing at a CAGR of 8.20%: Straits Research | Benzinga
New York, United States, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Military robots are autonomous, mobile robots with remote controls for military operations, including transport, search and rescue, and attack. Most of the time, the dangerous and challenging duties that military robots perform are tiresome. They aid in reducing human exhaustion from relatively easy activities and assist fighters in sense-make more effectively, moving more rapidly, and surviving longer. Military robots have been regularly employed and sent to Afghanistan and Iraq for essential operations, including the remote execution of terrorists.
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Technological Advancements Drive the Global Market
Autonomous systems have a force multiplier effect when used in conjunction with soldiers on the battlefield. By substituting robots for human warriors in risky operations, casualties are also reduced. These advantages have increased the focus on incorporating AI and ML into robotic systems, which is expected to encourage innovation in the military robot market. Military agencies and business stakeholders focus on developing completely autonomous military robot systems.
The need to increase military personnel safety and security has created a demand for the creation of automated systems that can operate at levels comparable to those of a human. Many countries are focusing on developing very advanced robots that utilize these technologies. In October 2020, the UK's Ministry of Defense (MoD) disclosed that it had developed a drone prototype for inside missions outfitted with a twin-barrel stabilized shotgun. These factors are anticipated to drive market growth during the forecast period.
Rising Investments in Unmanned Technologies Creates Tremendous Opportunities
A significant movement has emerged in recent years to increase funding for research and development of the next generation of robots, which will have both military and non-combat applications. To benefit from what military robots can offer, many governments have spent a lot of money on autonomous military systems. Although unmanned aircraft vehicles had previously gotten most of the ...