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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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Trainocate Wins Cisco Learning Partner of the Year – APJC for Second Consecutive Year

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BANGALORE, India, Nov. 15, 2024 /PRNewswire/ — Trainocate Holdings, a leading global provider of technology and business training solutions, today announced that it has been awarded the Cisco Learning Partner of the Year 2024 for Asia Pacific, Japan, and China (APJC) for the second year in a row.

This prestigious award recognizes Trainocate’s outstanding performance, commitment to customer success, and dedication to delivering high-quality Cisco training programs across the region.

“To be recognized once was an honour beyond words, but to be bestowed this distinction again is truly humbling and a testament to the unwavering support and encouragement of those who have walked this journey with us,” said Takashi Ozawa, President & CEO of Trainocate Holdings. “We are deeply grateful for everyone who has been a part of our success. This award reflects our core values of collaboration, excellence, and customer centricity, and it inspires us to continue upholding them in everything we do.”

“Receiving the Cisco Learning Partner of the Year award for a second consecutive year is a true reflection of our team’s dedication and our unwavering pursuit of excellence,” said Khor Hee Soo, CTO of Trainocate Holdings, Managing Director for India, and Chairman for Sri Lanka and UAE. “This recognition not only celebrates the hard work of everyone at Trainocate but also reinforces our commitment to empowering individuals and organizations across the APJC region with transformative learning solutions. We are deeply grateful to Cisco for their partnership and look forward to continuing our journey of innovation and impact in the learning and development space.”

During the award ceremony held on 23 October 2024, Cisco highlighted Trainocate’s impressive achievements within the past year, including:

32% of Instructor-Led Training (ILT) seats sold in the APJC region.45% of Cisco U subscriptions sold in the APJC region.Exceptional learner satisfaction on score of 94%.

These accomplishments demonstrate Trainocate’s strong track record of delivering impactful and engaging learning experiences that help professionals achieve their career goals and organizations drive digital transformation.

As a Cisco Platinum Learning Partner, Trainocate offers a comprehensive portfolio of authorized Cisco training courses, certifications, and learning solutions. With over 29 years of experience, Trainocate is a trusted partner for organizations seeking to upskill their workforce and stay ahead of the curve in today’s rapidly evolving technology landscape.

About Trainocate Holdings

Trainocate Holdings is a leading provider of IT and professional training, offering a comprehensive range of courses and certifications across various domains.

Boasting a global presence in 22 countries (and counting!) and a commitment to excellence, Trainocate empowers individuals and organizations to achieve their full potential through continuous learning and development.

With 30+ authorized training partnerships and countless awards from leading technology vendors, you’re guaranteed learning from the industry’s elite when you #GetTrainocated.

For more information, visit Trainocate’s website www.trainocate.com.

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Can Independent Physicians Survive in 2025?

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Learn How at an Exclusive Webinar on Nov. 20th Hosted by Medical Economics and Specialdocs 

CHICAGO, Nov. 14, 2024 /PRNewswire/ — In healthcare change is inevitable, but for independent physicians already facing an uncertain economic forecast in 2025, the prospect of a new administration is sparking even more concern. To help decipher the implications of an ever-evolving regulatory and reimbursement landscape, Medical Economics has teamed up with Terry Bauer, CEO of concierge medicine pioneer Specialdocs Consultants, and Max Reiboldt, Chairman of leading healthcare advisory, Coker, to present an exclusive, informational webinar for physicians on November 20th. Bauer and Reiboldt bring insights gained collectively over more than a century advising physicians on career strategies, to address the headwinds that threaten to topple private medical practices, and explain why concierge medicine offers one of today’s most viable pathways to retaining independence. 

Prominent healthcare industry experts share how physicians can thrive in 2025: join our complimentary webinar on Nov. 20th.

CLICK HERE to register for “2025 Forecast for Physicians: Financial Headwinds, Continued Burnout, and How Concierge Medicine May Be the Cure for What Ails You” at 7 pm CST/8 pm EST on Wednesday, November 20th.

“Now representing just 22% of all practices,1 the independent physician is in danger of disappearing altogether amid unrelenting financial, professional and personal pressures,” says Bauer. “Among other challenges, rising costs to operate a traditional practice and continual cuts to Medicare reimbursements have contributed to an overall 29% downward slide in Medicare compensation over the last two decades.”2

He continues: “Yet we know that a change to our membership medicine model can prove lifesaving, restoring practice sustainability and ushering in a new era of unparalleled career satisfaction. We’ve long championed this solution for physicians in private practice, who have been consistently unappreciated for the very real value they bring to their patients and the health system.” 

Adds Reiboldt: “Physicians in private practice are still a cornerstone of our healthcare system yet are facing challenges that threaten their existence. More and more physicians are affiliating with capital and/or strategic partners, which is not a bad thing but still threatens their independence and private structure.”

A number of crucial issues will be examined during the webinar. “We will approach these with sensitivity as all providers (physicians, health systems, private and public investors, et al) share in both the credit and the blame for our current state of affairs,” says Reiboldt.

Topics will include:

The new administration’s approach to lowering costs, reducing regulatory barriers to consolidation and expanding price transparency mandates for healthcare services.Future use of AI and other technologies to drive greater efficiencies, quality of care.The outlook for primary care providers and programs such as Medicare Advantage, risk-based reimbursement, quality incentives.How upcoming changes in reimbursement and regulations impact the financial viability of traditional practices.Strategies for maintaining or regaining independence as a practitioner; concierge medicine as a model offering sustainable financial security and work-life balance.

About Our Speakers

Terry Bauer is CEO of Specialdocs Consultants. With more than three decades of healthcare leadership experience, Terry has a reputation for bringing about positive change as a strategist, builder, and driver of successful, high-performance companies. Terry’s mission at Specialdocs: to elevate the profile and escalate the growth of this firm that has pioneered the transition from traditional to independent concierge medicine practices, with a focus on expanding the reach and portfolio of high-quality services provided to the company’s growing national network of exceptional physicians. Terry’s career includes a long tenure as co-founder, president, CEO, and director of Orion HealthCorp, a national physician services and management organization. He has served on the board of directors of Specialdocs since Shore Capital Partners invested in the firm in 2015, and became CEO of the company in 2016.

Max Reiboldt, CPA, is Chairman of Coker. His 45 years of work in business and industry, primarily involving healthcare providers, has given him invaluable experience. He handles strategic, tactical, financial, and management issues that health systems, physicians, and other healthcare entities and/or investors face in today’s evolving marketplace. Max understands the nuances of the healthcare industry in a dynamic age, and how healthcare organizations need to maintain viability in a highly competitive market. Whether a transitional provider or a more trailblazing healthcare entity, Max works to provide sound solutions to everyday and long-range challenges with a hands-on approach much valued by his clients. Max oversees Coker’s services as part of the Executive Committee, and maintains his passion for working with clients and organizations of all sizes.

Physician’s Advocacy Institute reportAMA 2024 Medicare Updates

Media Contact:
Mindy Kolof
mkolof@specialdocs.com 
8479213271

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Rokid Glasses: Where AI Meets AR, Rivaling Meta’s Ray-Ban in an Exclusive Unveiling at Rokid Jungle 2024

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REDWOOD CITY, Calif., Nov. 14, 2024 /PRNewswire/ — Rokid is poised to unveil its groundbreaking next-generation smart glasses, the Rokid Glasses, at the highly anticipated Rokid Jungle 2024 event, set to take place on 18 November in Hangzhou, China. Seamlessly integrating cutting-edge artificial intelligence with augmented reality, Rokid Glasses represent the pinnacle of innovation. As the most eagerly awaited event in the augmented reality calendar, Rokid Jungle 2024 is destined to be the largest and most consequential gathering of its kind on the global stage. With an impressive turnout expected of over 1,000 distinguished attendees, the event will serve as a landmark occasion, bringing together partners, visionaries, and industry leaders. The launch of the Rokid Glasses promises to elevate the smart daily experience to unprecedented heights, setting new standards in the realm of wearable technology.

Rokid Glasses: Transforming AI and AR into an Essential Daily Gadget for All
Rokid Glasses combine style, comfort, and lightweight design with intuitive, AI-powered features. Integrated with Alibaba’s Tongyi Qianwen AI, Rokid Glasses offer a range of capabilities, including object recognition, text translation, and even solving complex math problems. It can calculate the calorie content of food or provide real-time language translation, making it an indispensable tool for travelers.

Empowered by Zhi Xiaobao, Alibaba’s AI assistant, Rokid Glasses allow users to take full control of their world with simple voice commands, whether booking a ride or ordering a coffee. The advanced voiceprint recognition technology also facilitates secure payments via Alipay, ensuring a seamless and trusted connection to the user’s phone. Alipay’s cutting-edge AI audio detection technology guarantees top-tier security and fraud prevention during transactions.

A standout feature of Rokid Glasses is the ability to view message notifications directly through the glasses, effectively replacing the need for a phone screen. This functionality hints at a future where Rokid Glasses may evolve into a central hub of daily life, potentially replacing smartphones altogether as an essential tech gadget. “We’ve crafted our new glasses to redefine the user experience, bringing the world’s first AI+AR glasses to daily life,” says Misa Zhu, Founder and CEO of Rokid. “Our mission is to make high-quality AI+AR glasses accessible to everyone, and this launch marks a bold step in that direction.” True to Rokid’s ethos of Leave Nobody Behind, the Rokid Glasses bridge gaps in accessibility, usability, and comfort, ensuring that everyone can experience the transformative power of innovation.

Rokid’s Role to Impact Global Tech Arena and Its Commitments for leading AR Industry
Rokid is making significant strides in transforming the museum experience using augmented reality (AR) technology to enhance visitor engagement. By providing immersive, interactive experiences, Rokid brings historical artifacts and exhibitions to life in exciting new ways. With over 2.5 million users benefiting from its AR glasses and more than 300,000 of these users have made actual purchases and are actively engaged with the devices. Even more striking is the fact that Rokid users spend an average of 2 hours and 45 minutes daily with Rokid glasses—this not only underscores the strong appeal of Rokid’s products but also reflects the growing consumer interest in and adoption of augmented reality technology.

Rokid’s ecosystem continues to flourish, with over 6,200 registered developers, highlighting the company’s significant progress in cultivating an open and thriving ecosystem. As the race in augmented reality heats up, major players are competing for dominance in this rapidly evolving space. With AR technology expanding its global footprint, the question remains: who will emerge as the true leader in the AR industry? While the collaboration between Ray-Ban and Meta has brought new energy to the smart glasses market, Meta continues to face challenges. Despite a decade of investment in XR, VR, and AR, Meta has made strides with VR hardware like the Meta Quest but still struggles with slow user adoption and limited AR functionality.

Rokid Jungle 2024: A Decade of Breaking Boundaries in Augmented Reality
Rokid Jungle 2024 commemorates a significant milestone: Rokid’s 10th anniversary and the beginning of the next decade of AR innovation. From its founding in 2014, Rokid has maintained a relentless focus on human-computer interaction, driving the evolution of AR technology through unwavering dedication to innovation. From setting industry standards with the original Rokid Glass to the highly regarded consumer product Rokid Air, and now with the trendsetting AR Studio and AR Lite, Rokid has played a key role in propelling the AR industry forward.

With the launch of the latest Rokid Glasses, the company reaffirms its leadership in the new wave of AR technological innovation. To mark this remarkable milestone, Rokid is delighted to offer a $20 benefit on all purchases made via the official website, using the code ROKID10 at checkout. Looking ahead, Rokid is thrilled to showcase its innovations at CES 2025, where will continue to lead the charge in AR technology. Rokid looks forward to seeing you there and sharing the next chapter of this exciting journey.

Email: pr@rokid.com
Rokid Official Website https://global.rokid.com/

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SOURCE Rokid

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