The global autonomous weapon market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024–2031). The major factor instigating the adoption of autonomous weapons is rising war casualties. Recently, global war tension has significantly increased, contributing to a higher rate of war casualties. As per Ukraine’s President Volodymyr Zelenskyy's press note, 31,000 Ukrainian soldiers have been fataled in action in the two years since Russia launched its full-scale invasion. Whereas, official casualty figures provided by the Russian government to an independent Russian news outlet Mediazona were about 75,000 fighting in the wars.
Browse the full report description of “Autonomous Weapons Market Size, Share & Trends Analysis Report by Product (Missiles, Munitions, Guided Rockets, Hypersonic Weapon, and Others). by Platform (Land, Airborne, and Naval). and by Type (Semi-Autonomous, and Autonomous). Forecast Period (2024-2031).” at https://www.omrglobal.com/industry-reports/autonomous-weapons-market
Moreover, from a military perspective, autonomous weapons may help significantly reduce militant loss. Post-world war several countries have recorded war resulting in large number of militant casualties, which can be averted to an extent using autonomous weapons. For instance, according to the Department of Veterans Affairs, between 1775 and 1991, the US military recorded 651,031 battle deaths and 539,054 non-combat deaths, totaling 1,190,085 fatalities. Also, from the onset of military operations in October 2001 to February 2024, the US has incurred a total of 60,618 casualties. This includes 7,085 military fatalities and 53,533 wounded service members.
Market Coverage
• The market number available for 2023-2031
• Base year: 2023
• Forecast period: 2024-2031
• Segment Covered-
o By Product
o By Platform
o By Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape - Lockheed Martin Corp, RTX Corp (Raytheon), Rafael Advanced Defense Systems Ltd., BAE Systems plc, and Northrop Grumman Corp, among others.
Key questions addressed by the report
Global Autonomous Weapon Market Report Segment
By Product
By Platform
By Type
Global Autonomous Weapon Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
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