Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

Defence robotics market driven by the imminent benefits provided on the warfront

Industry Sector

Defence

Published

23 October 2012

Author

Mike King

Type of News

Market

The defence robotics market has been forecast to increase from a valuation of $5.8 billion in 2010, to hit a market value of $7.5 billion by the year 2018.

Key factors influencing growth within the defence robotics market include rapid technological developments, imminent benefits on the warfront, increased Government spending, technological maturity, and enhanced cost-benefit ratio.

Robots are playing a major role in automating the modern battleground, reducing human deployment and thereby lowering casualties.

Advanced sensor technologies enable robots to spot threats more easily than humans, enhancing the capabilities of combatants and surveillance operatives in land, aerial and marine environments.

Between 50 and 80 countries either already utilise defence robotic systems, or are in the process of building or acquiring the technology to incorporate them into their military programs. These robots may take the form of unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and even unmanned underwater vehicles (UUVs), but they all have in common the purpose of taking the place of, or supplementing, humans in battlefield situations.Defence Robotics

The US is the pioneer, and the most technologically advanced region within the defence robotics sector. The region represents the unchallenged market leader, capturing the largest slice of the world market. The Asia-Pacific market, buoyed by strong appetite for the technology from Japan, South Korea, China, and India, represents a strong contender and is anticipated to expand at a robust compound annual growth rate (CAGR) of over 8% through 2018.

For more information on the defence robotics market, see the latest research: Defence Robotics Market

Follow us on Twitter @CandMResearch

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Change Currency

GBP
USD

Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

eBrandPromote: Get your brands ranked highly online

eBrandPromote: Let us promote your brand online through article writing, press release distribution, social media and search engine marketing services. Click here to download our eBrandPromote brochure.

Accessibility
Close

Contrast settings

Text size settings