Defense Robotics

Defense Robotics

Global Defense Robotics Market to Reach $16 Billion by 2027

Amid the COVID-19 crisis, the global market for Defense Robotics estimated at US$10.1 Billion in the year 2020, is projected to reach a revised size of US$16 Billion by 2027, growing at a CAGR of 6.8% over the period 2020-2027.

The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 6.4% CAGR

The Defense Robotics market in the U.S. is estimated at US$3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.We bring years of research experience to this 19th edition of our report. The 105-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• AeroVironment Inc.
• BAE Systems plc
• Boeing Company
• Boston Dynamics
• Clearpath Robotics Inc.
• Elbit Systems Ltd.
• Endeavor Robotics
• General Atomics
• General Dynamics Corporation
• Israel Aerospace Industries (IAI)
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Oceaneering International Inc.
• QinetiQ Group plc
• Saab AB
• Textron Inc.
• Thales Group

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