Portland, OR -- (SBWIRE) -- 06/08/2018 -- The usage of robots has garnered significant importance in many industries. This is because they can be programmed to execute operations autonomously and with perfection. Military is a domain that is characterized by difficult and life-risking operations. Military operations often involve challenges like remote and difficult-to-access terrains. They require advanced monitoring, targeting, and intelligence gathering mechanisms. In such a scenario, the usage of robots is gaining popularity, and this trend is expected to prevail over the next couple of years.

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The analysts forecast the global military robots market to grow at a CAGR of 11.75% during the period 2017-2021.

Covered in this report
The 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..

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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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.

Key vendors
- Boston Dynamics
- General Dynamics (GD)
- Lockheed Martin
- Northrop Grumman
- Thales Group

Other prominent vendors
- BAE Systems
- Elbit Systems
- IAI
- Saab
- Turkish Aerospace Industries

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Market driver
- Strengthening of border surveillance and patrolling
- For a full, detailed list, view our report

Market challenge
- Increased skepticism toward automated weapons systems
- For a full, detailed list, view our report

Market trend
- Development of multi-mission robots
- For a full, detailed list, view our report

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 market trends?
- What is driving this market?
- What are the challenges to market 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?