Global Military Robots Market Drivers:
Growing investments in unmanned technologies to augment the market pace
In recent years the investments in research and development of next-generation robots that can be utilized in various combat and non-combat applications has increased significantly. Several governments are showing deep interest in leveraging the advantages that are offered by the robots in the military sector and they have started investing in autonomous military systems. Even with the strong focus on unmanned aerial vehicles, the investments in developing ground and sea-based robots have also increased in recent times. Thus, these factors are likely to fuel growth of the global military robots market over the forecast period.
Growing adoption of advanced technology to fuel the market growth
Machine-assisted and unmanned systems are being used for replacing people in various dangerous, mentally taxing, and physically grueling duties. Replacing humans with robots in military missions offers various advantages. Autonomous systems boost the force when used in tandem with the soldiers on the battlefield. These robots also help in reducing casualties as they remove human warfighters from dangerous missions. Due to such advantages, use of technologies such as Machine Learning and Artificial Intelligence is in robotic systems is increasing in military segment, and this factor is likely to drive growth of the global military robots market over the forecast period.
Global Military Robots Market Opportunities:
Increasing global conflicts among countries are likely to create several growth opportunities in the global military robots market over the forecast period. Due to significant changes in the international strategic landscape, the international security system configuration has been undermined by increasing unilateralism, power politics, and hegemonism, which is fueling various global conflicts. As a result, governments of several countries in this regard are increasing their military expenditure for improving the security situation. This in turn is anticipated to offer lucrative opportunities in the market.
Furthermore, significant investments in unmanned platforms is expected to create lucrative environment for growth opportunities in the global military robots market over the forecast period. The increasing investment in research and development activities along with increasing innovations are likely to contribute a major share in the market growth. This is expected to create a competitive environment for market players. Moreover, joint exercises of technology demonstration, commercial off-the-shelf system, standardization, and consolidation within the defense supply chain is creating multiple opportunities in the market.
Global Military Robots Market Restraints:
Various ethical concerns regarding use of robots to impede the market growth
Along with the adoption of robots for complicated warfare scenarios, many ethical concerns arose. Even if technologies such as AI and autonomous operations offer more informed military decision making capabilities and increased scale and speed of military actions, such technology could also be vulnerable and unpredictable to unique manipulation. This leads to skepticism over the reliability of robots in future combat operations. Thus, these factors are expected impede growth of the global military robots market over the forecast period.
Complexity of designs and threat of cyber-attacks to hinder the market pace
Military robots can cause concerns and challenges such as design complexity to cater stringent size, weight, and power (SWaP) constraints, and cyberattacks. The number of microwave components and onboard radio frequency in unmanned aerial vehicle (UAV) designs for addressing performance issues and tackling technical challenges ranging from power consumption to counter-UAV tech is growing. However, these systems are vulnerable to cyberattacks and contain complex design requiring skilled personnel to operate. These factors in turn are expected to hamper growth of the global military robots market over the forecast period.
Military Robots Market Report Snapshots
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