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Military Robots Market to Grow by USD 8.62 Billion (2024-2028), Driven by Border Surveillance and Patrolling, AI-Powered Report Highlights Market Transformation – Technavio

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NEW YORK, Nov. 13, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global military robots market size is estimated to grow by USD 8.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 8.51% during the forecast period. Strengthening of border surveillance and patrolling is driving market growth, with a trend towards development of multi-mission robots. However, increased skepticism toward automated weapons systems poses a challenge.Key market players include AeroVironment Inc., Applied Research Associates Inc., BAE Systems Plc, Bayonet Ocean Vehicles, Cobham Ltd., Ekso Bionics Holdings Inc., Elbit Systems Ltd., General Dynamics Corp., General Robotics Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Milanion Ltd, M-Tecks Robotics, Northrop Grumman Corp., QinetiQ Ltd., Robo-Team Defense Ltd., Saab AB, Teledyne Technologies Inc., and Thales Group.

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Military Robots Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.51%

Market growth 2024-2028

USD 8616.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.67

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, Russia, India, and Germany

Key companies profiled

AeroVironment Inc., Applied Research Associates Inc., BAE Systems Plc, Bayonet Ocean Vehicles, Cobham Ltd., Ekso Bionics Holdings Inc., Elbit Systems Ltd., General Dynamics Corp., General Robotics Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Milanion Ltd, M-Tecks Robotics, Northrop Grumman Corp., QinetiQ Ltd., Robo-Team Defense Ltd., Saab AB, Teledyne Technologies Inc., and Thales Group

Market Driver

The Military Robots Market is experiencing significant growth due to increasing demand for autonomous systems in defense applications. Robots are being used for various tasks such as bomb disposal, reconnaissance, and logistics support. Key players in this market include iRobot, Northrop Grumman, and Boston Dynamics. The market’s growth is driven by advancements in technology, rising military budgets, and the need for enhanced security. Companies are investing in research and development to create more advanced and capable military robots. The market is expected to continue growing in the coming years. 

The Military Robots Market is experiencing significant growth due to the integration of advanced technology in autonomous robots for various military and defense applications. Autonomous aerial, naval, and land-based robots are trending, offering versatility in patrolling, search and rescue, explosive ordnance disposal, and mine countermeasures. AI and ML are crucial for situational awareness and decision-making. UAVs and UGVs are popular choices for border security and undersea surveillance. Defense budgets continue to prioritize national security, driving the market for these advanced technologies. PackBot robots, electronic jamming, and electronic warfare are also key areas of investment. Combat capabilities, autonomous navigation, and ground vehicle strategy are also critical components of this market. AI integration and mine clearing are expected to be major trends in the near future. 

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Market Challenges

The Military Robots Market is experiencing significant growth due to increasing demand for autonomous systems in defense applications. Robots offer advantages such as enhanced capabilities, improved safety, and reduced operational costs. Key players in this market include iRobot, Northrop Grumman, and Boston Dynamics. Collaborations and partnerships are driving innovation in military robot technology. This trend is expected to continue, making the Military Robots Market an attractive investment opportunity for businesses.The Military Robots Market is experiencing significant growth due to the increasing demand for advanced robotics in various defense applications. Challenges such as Explosive Ordnance Disposal (EOD), AI integration, and autonomous navigation are driving this growth. Robots are being used for mine countermeasures, border security, and UAVs for mine clearing and undersea surveillance. Defense budgets continue to prioritize national security, leading to increased investment in robotics for bomb disposal, reconnaissance, and surveillance. Robots like PackBot and UGVs are being integrated with combat capabilities, electronic jamming, and electronic warfare. Hybrid robots, LiDAR, fiber optics, electric propulsion, and artificial intelligence are also becoming essential components of ground vehicle strategy. Combat support, transportation, and modern warfare are other areas where military robots are making a significant impact. Mission success rates are improving as human soldiers are increasingly supported by automation in dangerous and complex environments.

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Segment Overview

This military robots market report extensively covers market segmentation by

Product1.1 Airborne military robots1.2 Naval military robots1.3 Land-based military robotsGeography2.1 North America2.2 APAC2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Airborne military robots- The Military Robots Market is experiencing significant growth due to increasing demand for autonomous systems in defense applications. Robots offer advantages such as enhanced capabilities, improved safety, and reduced operational costs. Key players in this market include iRobot, Northrop Grumman, and Boston Dynamics. Military robots are used for various tasks including bomb disposal, reconnaissance, and logistics support. The market is expected to continue growing due to ongoing military modernization efforts and advancements in robotics technology.

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Research Analysis

The Military Robots Market is experiencing significant growth due to the increasing adoption of advanced technology in modern warfare. Artificial intelligence (AI) is playing a pivotal role in the development of military robots, enabling autonomous operation and enhancing mission success rates. LiDAR and fiber optics are essential sensors used in military robots for navigation and reconnaissance. Electric propulsion and hybrid robots offer advantages in terms of energy efficiency and versatility. Military robots are used extensively for various applications, including search and rescue, combat support, bomb disposal, and reconnaissance. Combat applications of military robots are becoming increasingly common, with human soldiers relying on robots for support in dangerous situations. CBRN attacks and mine countermeasures are other areas where military robots are making a significant impact. UAVs are a crucial component of military robotics, providing aerial reconnaissance and surveillance capabilities. Defense budgets and national security concerns are driving the demand for military robots. Ground vehicle strategy is another area where military robots are being used to enhance military capabilities. Electronic jamming and electronic warfare are also being integrated into military robots to counteract enemy electronic signals. PackBot robots and mine clearing robots are some of the most commonly used military robots.

Market Research Overview

The Military Robots Market is experiencing significant growth due to the integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for situational awareness and decision-making. AI and ML enable military robots to enhance mission success rates and automate tasks, reducing the risk to human soldiers. Robots are being developed for various military and defense applications, including aerial, naval, and land-based platforms. These robots come in various forms, such as Hybrid robots, Unmanned Ground Vehicles (UGVs), and Unmanned Aerial Vehicles (UAVs). They are used for Combat support, Transportation, Reconnaissance, Surveillance, Bomb disposal, and Combat. The use of LiDAR, Fiber optics, Electric propulsion, and Autonomous navigation further enhances their capabilities. Operational challenges in Modern warfare have led to the development of versatile robots for Patrolling, Search & rescue, Explosive Ordnance Disposal, and Mine countermeasures. Defense budgets and National security concerns continue to drive the market for these advanced technologies. Military robots are also used in Air travel for electronic jamming and electronic warfare, and in Undersea surveillance for anti-submarine warfare and recovery technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductAirborne Military RobotsNaval Military RobotsLand-based Military RobotsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Huawei Cloud in France: Building an AI-Native Cloud to Amplify Intelligence on the Tech Stage

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PARIS, Nov. 14, 2024 /PRNewswire/ — HUAWEI CONNECT 2024 PARIS commenced today, featuring the first Huawei Cloud Summit France. Huawei Cloud is building an AI-native cloud through systematic innovation and service reshaping. Moving forward, Huawei Cloud will continue to drive innovation in both the “AI for Cloud” and “Cloud for AI” directions, accelerating the intelligent transformation across industries in France.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, delivered a welcome speech in her digital presence built using Huawei Cloud MetaStudio. She stated, “Innovation is the heart of our success, our competitiveness, and our growth. That’s why we invest heavily in R&D to bring you the most secure and reliable cloud services possible, including cloud native, AI, and big data. In Europe, Huawei Cloud has collaborated with over 500 local partners to deliver a wide range of industry-specific solutions and proven expertise, enabling European businesses to expedite their cloud adoption, leverage global resources, and achieve leapfrog growth.”

In his keynote speech, William Dong, President of Huawei Cloud Marketing, highlighted the importance of AI in building economic moats. To this end, Huawei Cloud launches Pangu models to enable intelligent upgrades across industries, with over 400 use cases in 30 industries now benefiting from Huawei Cloud’s AI-native cloud infrastructure that extends cutting-edge technologies and premium experiences to European customers. On the tech stage, Huawei Cloud is set to amplify intelligence.

Huawei Cloud’s AI-native strategy has been a cornerstone of the company’s innovation. This strategy is twofold: AI for Cloud and Cloud for AI, marking significant advancements in Huawei Cloud’s capabilities. “AI for Cloud” means integrating Pangu models with cloud services for product R&D, data governance, security, and O&M to make them more intelligent and efficient.

With full-stack systemic innovations, “Cloud for AI” covers data centers, cloud platform architectures, and infrastructure services, enabling efficient and high-performance data preparation, training, inference, and application of foundation models. The distributed cloud database GaussDB features high performance, high intelligence, and easy migration. Huawei Cloud Stack 8.5 provides more than 120 locally deployed cloud services and 50 industry-specific solutions, building the optimal hybrid cloud for intelligent transformation.

At this summit, Huawei Cloud officially released the Flexus cloud services for small- and medium-sized enterprises (SMEs) in France. Flexus feature flexible specifications, AI-driven high speed, 6x burst speed, compute hot upgrade, and ultimate experience.

Presently, Huawei Cloud has more than 500 customers, partners, and developers in France. Song Wanying, President of Huawei Cloud France, shared insights on fostering business growth through cloud innovation and introduced new media & entertainment, e-commerce, and retail solutions for the French market, furthering intelligent initiatives.

Huawei Cloud has upgraded media services in a 3E approach: efficiency, experience, and evolution. For instance, AIGC for virtual humans can significantly reduce the time required for short video production from days to mere minutes. In terms of experience, Huawei Cloud leverages its self-developed RTP protocol to minimize latency to 500 ms and reduce frame freezing to 10%. For business model evolution, Huawei Cloud offers virtual human technology to facilitate efficient video production, leading to new business opportunities and growth.

In retail and e-commerce, Huawei Cloud has developed the B.R.A.N.D. model to assist retailers in driving innovation and growth. Through professional services, deterministic operations, security, reliability, and 16 sub-scenario solutions, B.R.A.N.D. enables retailers to build agile, efficient, and secure business systems.

In terms of ecosystem expansion, Huawei Cloud has partnered with Station F, the world’s largest startup incubator, to launch a sustainability-themed incubation program. This program aims to provide comprehensive support for startups, including cloud resources, investment opportunities, and dedicated office spaces. Additionally, Huawei Cloud and 20 ecosystem partners have unveiled the Industry Partner Innovation Program at the summit.

This two-day event features a packed agenda, including the partner forum and the Cloud Native Elite Club (CNEC) roundtable. At this year’s HUAWEI CONNECT Europe, CNEC returned to Europe and invited its first members to join this technical community built for European technology pioneers.

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ALBERT GAHFI, NEWCO CAPITAL GROUP CEO, NOMINATED FOR THE U.S. FINTECH AWARDS’ INNOVATOR OF THE YEAR

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NEW YORK, Nov. 14, 2024 /PRNewswire/ — NewCo Capital Group is proud to announce that Albert Gahfi, CEO of NewCo Capital Group and Co-Founder and Director of Bizcap, has been nominated for the prestigious Innovator of the Year Award by the U.S. FinTech Awards. This recognition highlights Albert’s groundbreaking contributions to the FinTech sector and his dedication to founding companies that empower small businesses with forward-thinking capital solutions.

We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech

As a proven enterprise-building founder and CEO, Albert co-founded Kings Cash Group and oversaw its merger with a large FinTech consortium that included an SEC-registered fund. As the Co-Founder and CEO of NewCo Capital Group, Capytal.com, and NewCo Canada, as well as the co-founder of Melbourne-based BizCap, Albert’s global expansion strategy has led to the opening of offices in New Zealand, the United Kingdom, and a recently announced strategic initiative in Asia via Singapore.

The nomination for Innovator of the Year underscores NewCo’s commitment to reshaping how small-to-medium businesses and enterprise companies access financing. Since its founding, NewCo has remained at the forefront of Specialty Finance within the FinTech sector, continually creating custom capital solutions that leverage advanced technology, nuanced underwriting, and a deep understanding of client needs.

Bruce Gurvitsch, Chief Revenue Officer for NewCo Capital Group and Capytal.com, commended the nomination, stating, “Albert’s nomination for Innovator of the Year reflects his unwavering pursuit of excellence—a drive that defines our mission at NewCo. We’re committed to pushing the boundaries of what’s possible in FinTech, ensuring that SMBs have access to the capital they need for growth, job creation, and long-term success.”

NewCo and its affiliate companies have transformed traditional financing models, making it easier, faster, and more efficient for businesses to secure funding. With over $1.8 billion deployed across 40,000+ businesses globally, NewCo continues to lead the charge in specialized financing and working capital.

Reflecting on the nomination, Gahfi remarked, ‘This recognition from the U.S. FinTech Awards validates our efforts and inspires us to continue delivering the most innovative solutions to the market.’ He emphasized NewCo’s long-term vision, adding, ‘We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech. Our mission has always been to empower small businesses globally.’

For more information about NewCo Capital Group, visit www.NewCoCapitalGroup.com or email Info@NewCoCapitalGroup.com.

About NewCo Capital Group & Capytal.com

Founded in 2020, NewCo Capital Group and its affiliate companies empower SMBs globally with fast, accessible financing and funding. The companies have successfully deployed $1.8 billion to over 40,000 SMBs while maintaining a 4.9/5 Trustpilot rating.

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SOURCE NewCo Capital Group

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Enrollsy Unveils Brand Refresh and New Website to Enhance Enrollment Experience for Schools, Camps, Nonprofits, and More

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LEHI, Utah, Nov. 14, 2024 /PRNewswire/ — Enrollsy, the platform dedicated to making enrollment simple and accessible for organizations of all sizes, is thrilled to announce its brand refresh and launch of a new website at www.enrollsy.com. With a renewed focus on simplifying enrollment processes and delivering unparalleled support, Enrollsy’s brand refresh reinforces its commitment to empowering non-technical professionals with a seamless, user-friendly experience.

Enrollsy is online enrollment software made easy.

The name “Enrollsy” reflects the platform’s mission: combining “enroll” and “easy” to describe a solution that effortlessly manages the enrollment process—from sign-up to payments and communications—without requiring technical expertise or IT support. Enrollsy’s customizable platform is designed to solve enrollment challenges and make life easier for administrators everywhere.

Empowering Purpose, Mission, Vision, and Values

Driven by a purpose to create an exceptional experience from the first interaction to ongoing support, Enrollsy ensures every aspect of its service is tailored to customer needs. Enrollsy’s mission—to provide an amazing enrollment experience to 10 million people in a single year—drives the platform to innovate, simplify, and perfect enrollment solutions for organizations managing data, payments, and communications.

Enrollsy envisions a world where education, enrichment, and connection drive better outcomes, helping organizations fulfill their missions. As a trusted partner, Enrollsy shares its values with customers by prioritizing consistency, honoring commitments, and maintaining clear, actionable communication.

Unmatched Customer Experiences

Enrollsy’s brand refresh also highlights its commitment to delivering value through real-life customer success stories. Elizabeth Fizer, owner of Fizer Fine Art, shares, “Enrollsy transformed our registration process from an absolute nightmare to easily manageable. Their unmatched customer service and ability to tailor the software to meet our specific needs allowed us to offer flexible schedules and simplified invoicing—enabling me to focus on my family during a busy registration period. Parents found it easy and intuitive, which only enhanced our customer experience.”

Similarly, Matthew Vinson from Common Ground on the Hill, a nonprofit, noted, “Enrollsy exceeded our expectations by listening to our unique needs and creating a system that integrates with our existing applications seamlessly. They understood our operations and provided features we needed, making the registration process efficient and stress-free.”

Visit the New Enrollsy Website

Enrollsy’s reimagined website offers a refreshed look at how the platform simplifies enrollment, billing, and communication for education, enrichment, and nonprofit organizations across the U.S., Australia, and Canada. Visitors are invited to explore www.enrollsy.com to discover how Enrollsy’s solutions are transforming the enrollment experience and simplifying administrative processes.

About Enrollsy Enrollsy provides a complete, easy-to-use solution for managing enrollments, payments, and participant communications. Designed for non-technical professionals, Enrollsy’s mission is to simplify enrollment for organizations while delivering unmatched support and flexibility. Visit www.enrollsy.com to learn more about how Enrollsy is shaping the future of enrollment.

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SOURCE Enrollsy, Inc.

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