GITNUX MARKETDATA REPORT 2024

Military Robots Industry Statistics

The military robots industry is expected to experience significant growth in the coming years, driven by increased government funding and technological advancements.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore the latest statistics and trends in the military robots industry. From projected market growth to regional dominance and specific applications, these statistics shed light on the evolving landscape of military robotics and its implications for the future.

Statistic 1

"The military robots market is expected to grow at a CAGR of over 5% during the forecast period 2021-2026."

Statistic 2

"Autonomous military technology is forecast to be a market worth over $130bn by 2027."

Statistic 3

"The US Department of Defense has requested a $4.5 billion budget for 2020, representing an approximately 3.3% increase in drone spending compared to 2019."

Statistic 4

"North America dominated the military robot market with a share of nearly 40.6% in 2020."

Statistic 5

"The unmanned ground vehicle field has the majority market share, making up 44.1% in 2021."

Statistic 6

"The Asia-Pacific region is the fastest-growing military robot market, with a CAGR of 4.8% from 2016 to 2021."

Statistic 7

"Bomb disposal segment has projected market growth of 11.5% CAGR from 2021 - 2026."

Statistic 8

"Fully autonomous robots share totaled USD 593.4 million in 2020 in the military robots market."

Statistic 9

"Intelligence, Surveillance, and Reconnaissance (ISR) applications dominated the military robot market globally in 2020."

Statistic 10

"The market for military robots is projected to reach 24.2 billion U.S. dollars by 2025."

Statistic 11

"Global military spending on robotics was approximately $8.49 billion in 2018."

Statistic 12

"Autonomous Underwater Vehicle (AUV) segment will grow at a CAGR of over 7% by 2026."

Statistic 13

"The global military robotics market size valued at USD 13.9 billion in 2019."

Statistic 14

"By 2025, the market value of the military drone/Unmanned Aerial Vehicle segment is forecasted to reach about 2.8 billion euros worldwide."

Statistic 15

"According to Dell’Oro Group, worldwide telecom CapEx — the sum of wireless and telecom — is anticipated to rise 1.6% to $353 billion by 2023."

Statistic 16

"The global military robotics market was estimated by JD Power at $30.83 billion in 2020."

Statistic 17

"China accounted for 2.18% of the global military robot market in 2019."

In conclusion, the military robots industry is experiencing significant growth and innovation, as evidenced by the projected market expansion, increasing budget allocations, and dominance of key regions and sectors. The statistics indicate a strong focus on autonomous technologies, particularly in areas such as unmanned ground vehicles and bomb disposal. North America currently leads the market, while the Asia-Pacific region shows promising growth potential. With the sector expected to reach multi-billion-dollar valuations in the coming years, it is clear that military robotics will continue to play a crucial role in defense strategies worldwide.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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