MILITARY ROBOTS MARKET ANALYSIS

Regional Analysis

Global Military Robots Market: Regional Insights

The global military robots market is regionally divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America among regions is expected to dominate the global military robots market over the forecast period. The U.S. is a major contributor to the market in this region, due to growing military expenditure in the country. For instance, according to Coherent Market Insights, the military expenditure of the U.S. increased to US$ 778.23 billion in 2020, which is a 4.39% rise. Along with this, government of Canada is introducing different programs such as Strategic Aerospace and Defense Initiative and Technology Demonstration Program for supporting the R&D of novel technologies such as robotics into the defense and aerospace sector. Thus, the market is anticipated to witness substantial growth in the global military robots market over the forecast period.

Moreover, Asia Pacific is anticipated to witness substantial growth in the global military robots market over the forecast period. This can be attributed growing defense spending in countries such as China and India. For instance, according to Coherent Market Insights, the defense spending of government of China increased to US$ 252.3 billion in 2020 from US$ 196.54 billion in 2015. Furthermore, government of India has increased the procurement of unmanned systems to strengthen its border security. This in turn has led to increased defense expenditure of the country. Thus, these factors are expected to augment growth of the global military robots market across this region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa