Press Release

Automated Weapon System Market to Grow with a CAGR of 5.90% Globally through to 2028

Technological Advancements and Innovation, Increasing Global Security Concerns, and Operational Efficiency and Cost Savings are factors driving the Global Automated Weapon System market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Automated Weapon System Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automated Weapon System Market stood at USD 11 billion in 2022 and is anticipated to grow with a CAGR of 5.90% in the forecast period, 2024-2028. Combat drones, radar, homing missiles, stationary sentry guns, and other automated weapon systems provide features including real-time target images, improved surveillance capabilities, and accurate target position. These skills help security personnel maintain border security and give civilians a higher level of safety. The military and defense forces' increasing usage of unmanned system solutions, together with factors including expanding territorial conflicts and geopolitical instability, are anticipated to propel market growth. Nonetheless, the market's expansion may be hampered by wealthy nations' shrinking defense budgets, such as the US, and strict government laws governing the production of border security equipment.

 

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The global automated weapon system market stands at the forefront of technological and strategic advancements, reflecting the evolving nature of modern warfare. Automated weapon systems, incorporating artificial intelligence (AI), robotics, and advanced sensor technologies, are redefining the landscape of defense capabilities. As nations seek to enhance their military prowess, the demand for these systems has surged, driven by the quest for precision, rapid decision-making, and increased operational efficiency on the battlefield. One of the key factors propelling the growth of the global automated weapon system market is the persistent need for military modernization. Nations worldwide are investing heavily in upgrading their defense capabilities to stay ahead in an era of geopolitical uncertainties. Automated weapon systems offer a leap forward in terms of speed, accuracy, and adaptability, providing armed forces with a decisive edge in complex and dynamic conflict scenarios. The integration of AI and machine learning algorithms enables these systems to learn and adapt to evolving threats, making them formidable assets in the hands of military strategists.

The rise of unmanned aerial vehicles (UAVs) exemplifies the transformative impact of automation on the defense industry. Drones equipped with advanced sensors and AI-driven capabilities have become integral components of modern military operations. They serve a variety of roles, including surveillance, reconnaissance, and targeted strikes, reducing the risks to human personnel and offering unparalleled situational awareness. The global automated weapon system market is witnessing a surge in demand for UAVs, with defense agencies recognizing their potential to revolutionize military tactics and operations.

The integration of automated weapon systems into naval and ground-based platforms further expands the market's scope. Unmanned ground vehicles (UGVs) equipped with advanced weaponry and AI-driven decision-making capabilities are increasingly deployed for tasks such as reconnaissance, surveillance, and logistics support in challenging environments. Naval platforms, ranging from autonomous underwater vehicles (AUVs) to unmanned surface vessels (USVs), are leveraging automation to enhance maritime security and dominance. The global automated weapon system market reflects the diverse applications of these technologies across different domains of warfare.

The ethical and moral implications of automated weapon systems have sparked debates on the responsible use of AI in military applications. Concerns about the potential loss of human control, the risk of autonomous systems making life-or-death decisions, and the consequences of unintended collateral damage have prompted international discussions on regulating the development and deployment of such technologies. The ethical considerations surrounding the global automated weapon system market underscore the need for a balance between technological advancements and ensuring that these systems align with established legal and ethical frameworks.

While the global automated weapon system market presents opportunities for innovation and strategic advantage, it also poses challenges related to international norms and regulations. Efforts to establish guidelines for the responsible development and use of autonomous weapons are ongoing, with various international forums engaging in discussions to address concerns and establish ethical standards. The evolving regulatory landscape will play a crucial role in shaping the trajectory of the market, influencing research and development priorities and ensuring that automated weapon systems adhere to global norms.

The competitive landscape of the global automated weapon system market is characterized by a mix of established defense contractors, technology companies, and emerging players. Traditional defense industry giants are leveraging their expertise in manufacturing and system integration to deliver comprehensive solutions to military clients. Concurrently, technology companies specializing in AI, robotics, and sensor technologies are entering the defense sector, bringing a fresh perspective and innovative solutions to the market. The convergence of defense and technology industries is fostering collaborations and partnerships, with an emphasis on creating cutting-edge automated weapon systems that address the evolving needs of modern armed forces.

As the global automated weapon system market evolves, research and development efforts focus on enhancing the autonomy, intelligence, and interoperability of these systems. The integration of swarm technologies, where multiple autonomous units collaborate seamlessly to achieve mission objectives, represents a notable trend in the market. Swarm robotics enable a coordinated and distributed approach to complex tasks, offering enhanced scalability and adaptability on the battlefield. This capability aligns with the growing emphasis on network-centric warfare and the need for military systems to operate cohesively in interconnected environments.

 

Major companies operating in Global Automated Weapon System Market are:

  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • Thales Group
  • BAE Systems Plc
  • Israel Aerospace Industries Ltd
  • Boston Dynamics
  • Aerovironment Inc.
  • Turkish Aerospace Industries Inc.
  • Saab AB
  • General Dynamics Corporation.

 

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 “The global automated weapon system market is undergoing a transformative shift, driven by advancements in artificial intelligence, robotics, and sensor technologies. Nations are increasingly investing in these systems for military modernization, seeking precision, rapid decision-making, and enhanced operational efficiency. Unmanned aerial vehicles (UAVs) exemplify this trend, serving vital roles in surveillance and targeted strikes. Ethical concerns about autonomy and collateral damage prompt international discussions on regulation. The market's competitive landscape includes traditional defense contractors and tech companies, fostering collaborations for cutting-edge solutions. As the market expands, economic implications include job market changes and technological innovation. Striking a balance between military advancements and ethical considerations is crucial for responsible development and use of automated weapon systems.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Automated Weapon System Market Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Radar Guided, Homing Missiles, Stationary Sentry Guns, Combat Drone), By Platform (Autonomous, Semi-Autonomous), By Application Type (Land-Based, Airborne, Naval), By Region, Competition, 2018-2028”, has evaluated the future growth potential of Global Automated Weapon System Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automated Weapon System Market.


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Automated Weapon System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Radar Guided, Homing Missiles, Stationary Sentry Guns, Combat Drone), By Platform (Autonomous, Semi-Autonomous), By Application Type (Land-Based, Airborne, Naval), By Region, Competition, 2018-2028

Aerospace and Defense | Jan, 2024

Technological Advancements and Innovation, Increasing Global Security Concerns, and Operational Efficiency and Cost Savings are factors driving the Global Automated Weapon System market in the forecast period 2024-2028.

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