The "Robotic Warfare Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Robotic Warfare Market will surpass US$33.6 billion in 2024 with strong revenue growth projected through 2034.

This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Focus on Reducing Human Casualties and Enhancing Soldier Safety is Driving the Global Market

One of the primary motivations behind the development and deployment of robotic warfare systems is the reduction of human casualties and the enhancement of soldier safety. By deploying robots in high-risk missions, such as bomb disposal, reconnaissance in hostile territories, and direct combat engagements, militaries can minimise the exposure of personnel to life-threatening situations.

For instance, Explosive Ordnance Disposal (EOD) robots are widely used to neutralise improvised explosive devices (IEDs), protecting soldiers from potential harm. The focus on soldier safety and the ethical considerations associated with warfare are driving the adoption of robotic systems in military operations.

Ethical Concerns and International Advocacy Against Autonomous Weapons

The rise of autonomous weapons in the robotics warfare market has sparked significant ethical concerns and international advocacy against their use. Many critics argue that these weapons could operate without adequate human oversight, potentially leading to unintended casualties and escalations in conflict.

Organizations such as the Campaign to Stop Killer Robots and Human Rights Watch are actively campaigning for international treaties to ban or regulate autonomous weapons systems. These ethical debates and advocacy efforts are influencing regulatory environments and public opinion, potentially restraining market growth and affecting the adoption of autonomous warfare technologies.

On November 1, 2023, The First Committee approved a new resolution on lethal autonomous weapons, emphasizing that algorithms should not control decisions involving killing. Egypt highlighted the necessity of human responsibility in the use of lethal force. The resolution, approved by 164 votes, urges international action to address the challenges posed by autonomous weapons systems and their potential impact on global security.

Key Questions Answered

• How is the robotic warfare market evolving?
• What is driving and restraining the robotic warfare market?
• How will each robotic warfare submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
• How will the market shares for each robotic warfare submarket develop from 2024 to 2034?
• What will be the main driver for the overall market from 2024 to 2034?
• Will leading robotic warfare markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
• Who are the leading players and what are their prospects over the forecast period?
• What are the robotic warfare projects for these leading companies?
• How will the industry evolve during the period between 2024 and 2034? What are the implications of robotic warfare projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the robotic warfare market?
• Where is the robotic warfare market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

Market Dynamics

Market Driving Factors

• Growing Use of Robotics Surveillance in Counter-Terrorism Operations
• Rising Need to Reduce the Threat to Human Personnel Driving the Robotics Market
• Increasing Substantial Investments in Drone Manufacturing Driving the Market Growth

Market Restraining Factors

• High Cost of Robotics Warfare Systems Restrain Market Growth
• Ethical Concerns and International Advocacy Against Autonomous Weapons

Market Opportunities

• Technological Advancement in Robotics Warfare
• Collaboration and Partnership Between Market Players Driving Opportunities
• Expansion of Market in New Geographical Location and Launch of New Products

Supply Chain Analysis

Regulatory Framework

Emerging Markets and Megatrends

Porter's Five Forces Analysis

PEST Analysis

Leading Companies

• AeroVironment, Inc
• BAE Systems plc
• Elbit Systems Ltd
• General Dynamics Corporation
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Rheinmetall AG
• Textron Inc
• Thales Group
• The Boeing Company

Segments Covered in the Report

By Technology

• Autonomous Systems
• Semi-Autonomous Systems
• Remote-Controlled Systems

By End-user

• Defense Forces
• Law Enforcement
• Homeland Security
• Other End-Users

By Application

• Intelligence, Surveillance, and Reconnaissance (ISR)
• Combat & Operations
• Explosive Ordnance Disposal (EOD)
• Logistics & Support
• Search and Rescue

By Type

• Unmanned Ground Vehicles (UGVs)
• Autonomous Tanks
• Unmanned Aerial Vehicles (UAVs)
• Unmanned Underwater Vehicles (UUVs)
• Unmanned Surface Vehicles (USVs)
• Other Types

North America

• U.S.
• Canada

Europe

• Germany
• UK
• France
• Russia
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

MEA

• GCC
• South Africa
• Rest of MEA

Companies Featured

• AeroVironment, Inc
• BAE Systems plc
• Elbit Systems Ltd
• General Dynamics Corporation
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Rheinmetall AG
• Textron Inc
• Thales Group
• The Boeing Company
• AeroVironment
• Anduril Industries
• Autonomous Solutions Inc. (ASI)
• BAE Systems
• Boston Dynamics
• Clearpath Robotics
• CyPhy Works
• DJI Innovations
• ECA Group
• Edge Group (formerly known as EDGE)
• Elbit Systems
• FLIR Systems
• General Dynamics
• Ghost Robotics
• Harris Corporation (now L3Harris Technologies)
• Israel Aerospace Industries (IAI)
• Israel Military Industries (IMI Systems)
• Kratos Defence & Security Solutions
• Lockheed Martin
• Milrem Robotics
• Northrop Grumman
• Palomar Technologies
• QinetiQ
• Rafael Advanced Defence Systems
• Raytheon Technologies
• Rheinmetall AG
• Roboteam
• Saab AB
• Textron Inc. (including its subsidiary AAI Corporation)
• Thales Group
• Aerospace Industries Association (AIA)
• Armed Forces Communications and Electronics Association (AFCEA)
• Association for Robotics in Hazardous Environments (ARHE)
• Association for Unmanned Vehicle Systems International (AUVSI)
• Association of Asian Defence Industry (AADI)
• Association of Military Technologists (AMT)
• Association of Old Crows (AOC)
• Association of the United States Army (AUSA)
• Association of the United States Navy (AUSN)
• Association of Unmanned Systems (AUS)
• Australian Defence Association (ADA)
• Defence and Security Export Association (DSE)
• Defence Industry Association of Hungary (DSM)
• European Defence Agency (EDA)
• International Association for Military Testing, Analysis, and Simulation (IAMTAS)
• International Defence Industry Fair (IDEF)
• National Defence Industrial Association (NDIA)
• Robotics Industries Association (RIA)
• Society of American Military Engineers (SAME)
• Unmanned Systems Canada

For more information about this report visit https://www.researchandmarkets.com/r/5ted5f

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240927971617/en/