ReportsnReports.com adds Global Military Robots Market 2017-2021 latest research report; the analysts forecast global Military Robots industry to grow at a CAGR of 11.75% during the period 2017-2021.
Pune, Maharashtra -- (SBWIRE) -- 07/24/2017 -- According to the military robots market report, one of the major drivers for this market is Strengthening of border surveillance and patrolling. Armies are urged to invest in military robots as there is a huge need for ISR capabilities in disputed regions and borders. To ensure adequate monitoring and protection along the borders, nations have increased their demand for sophisticated and high-end military robots. The rise in activities, such as cross-border infiltration of terrorists and smuggling of goods and arms, has urged armed forces to opt for automated and independent surveillance systems.
Complete report on Military Robots market spread across 83 pages, analysing 5 major companies with table of content are now available at http://www.reportsnreports.com/reports/1134861-global-military-robots-market-2017-2021.html
The following companies as the key players in the global military robots market: Boston Dynamics, General Dynamics (GD) , Lockheed Martin, Northrop Grumman, and Thales Group. Other Prominent Vendors in the market are: BAE Systems, Elbit Systems, IAI, Saab, and Turkish Aerospace Industries.
The latest trend gaining momentum in the military robots market is Development of multi-mission robots. Military robots are increasingly designed to carry out multiple missions. Advances in technology and miniaturization of electronic components have made operational flexibility in robots a reality. Unlike humans, robots do not suffer physical and mental exhaustion. They are designed for greater endurance from the impact of bombs and weapons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Global Military Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global military robots market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
Further, the report states that one of the major factors hindering the growth of this market is increased skepticism toward automated weapons systems. All modern-day robots are not fully autonomous and require a considerable degree of human intervention to carry out tasks. Robots primarily conduct missions, like surveillance, reconnaissance, and identification of potential threats that are related to enemy troops, explosives, and weapons. Humans have been instructing robots to perform tasks that are associated with the use of weapons.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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