Market Forecast By Products (Naval Military Robots, Land-based Military Robots, Airborne Military Robots ) And Competitive Landscape
Product Code: ETC066823 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India military robotic and autonomous systems (RAS) market is projected to grow at a CAGR of 10.3% during the forecast period 2023-2029, driven by increasing defense spending and focus on developing indigenous technologies coupled with growing demand for surveillance, reconnaissance, target acquisition & engagement capabilities in various combat zones around the world.
Increasing Investments in Defense Research & Development ? The Government of India has been investing heavily in research and development activities for its armed forces to enhance their operational efficiency across all domains. This includes investments in advanced technology such as RAS for land operations, underwater operations, aerial operations, etc., which are expected to remain lucrative opportunities driving the growth of this market over the forecast period. Technological Advancement - Advances like Artificial Intelligence (AI), Machine Learning (ML), edge computing and others have paved way for autonomous navigation capabilities that will enable unmanned vehicles to navigate even complex terrains without human intervention resulting into enhanced precision targeting and improved accuracy towards mission objectives. Furthermore incorporation of advanced sensors like LiDARs along with processors capable of real time operation further enhances functionality leading to higher acceptance among militaries globally providing impetus towards adoption of these systems within Indian armed forces as well.
High Cost Associated - Autonomous or robotic systems require significant financial investment due to high cost associated with development due their complexity involved when compared with conventional weapons platforms which can act as a restraint towards widespread adoption among militaries operating under limited budget constraints including that of India`s Defense Forces.
Growing Adoption Of Unmanned Systems For Surveillance And Security Applications ? Increasing threats from enemy combatants both terrestrial and airborne have spurred emergence need for robust surveillance mechanisms through deployment UAVs or UGVs equipped with surveillance cameras capable enough to cover large areas while being controlled remotely from ground stations thus enabling operators faster decision making process based upon real time data/video feed received from them aiding war fighters grasp situational awareness quicker than ever before .
Major players operating in Indian Military Robotic And Autonomous Systems Market include Israel Aerospace Industries Ltd., Bharat Dynamics Ltd., Hindustan Aeronautics Limited , Northrop Grumman Corporation , Elbit Systems Ltd., Thales Group , Lockheed Martin Corporation amongst others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Military Robotic and Autonomous (RAS) Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume, 2020 & 2027F |
3.3 India Military Robotic and Autonomous (RAS) Systems Market - Industry Life Cycle |
3.4 India Military Robotic and Autonomous (RAS) Systems Market - Porter's Five Forces |
3.5 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume Share, By Products, 2020 & 2027F |
4 India Military Robotic and Autonomous (RAS) Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Military Robotic and Autonomous (RAS) Systems Market Trends |
6 India Military Robotic and Autonomous (RAS) Systems Market, By Types |
6.1 India Military Robotic and Autonomous (RAS) Systems Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume, By Products, 2018 - 2027F |
6.1.3 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume, By Naval Military Robots, 2018 - 2027F |
6.1.4 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume, By Land-based Military Robots, 2018 - 2027F |
6.1.5 India Military Robotic and Autonomous (RAS) Systems Market Revenues & Volume, By Airborne Military Robotsย , 2018 - 2027F |
7 India Military Robotic and Autonomous (RAS) Systems Market Import-Export Trade Statistics |
7.1 India Military Robotic and Autonomous (RAS) Systems Market Export to Major Countries |
7.2 India Military Robotic and Autonomous (RAS) Systems Market Imports from Major Countries |
8 India Military Robotic and Autonomous (RAS) Systems Market Key Performance Indicators |
9 India Military Robotic and Autonomous (RAS) Systems Market - Opportunity Assessment |
9.1 India Military Robotic and Autonomous (RAS) Systems Market Opportunity Assessment, By Products, 2020 & 2027F |
10 India Military Robotic and Autonomous (RAS) Systems Market - Competitive Landscape |
10.1 India Military Robotic and Autonomous (RAS) Systems Market Revenue Share, By Companies, 2020 |
10.2 India Military Robotic and Autonomous (RAS) Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |