Automated Weapon System Market Research Report - Global Forecast till 2027

Automated Weapon System Market Research Report: Information by Application (Land-Based, Airborne and Naval), Type (Radar Guided, Homing Missiles, Stationary Sentry Guns and Combat Drone), Platform (Autonomous and Semi-Autonomous) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

ID: MRFR/A&D/2521-HCR | February 2023 | Region: Global | 100 Pages         

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Market Scenario

Automated weapon systems such as radar, homing missiles, stationary sentry guns, and combat drones offer capabilities such as enhanced surveillance capabilities, precise target location, and real-time images of the targets. These capabilities assist security forces in providing increased safety to the citizens and keep the borders secured.

Factors such as rising territorial conflicts and geopolitical instabilities and the growing adoption of unmanned system solutions by military and defense forces are expected to drive the market growth. However, declining defense budgets of developed countries, including the US, and stringent government regulations regarding the manufacturing of border security systems might hamper the growth of the market.

Hence, the Automated Weapon System Market is projected to grow at 7.16% CAGR during the forecast period.

Segmentation of the Global Automated Weapon System Market 

By application, the global automated weapon system market is segmented into land-based, airborne, and naval. The ground segment accounted for the largest market share in 2018. However, the airborne segment is expected to witness the highest growth during the forecast period. The growing demand for combat drones and target drones is expected to drive the growth of the segment.

Based on type, the global market has been segregated into radar-guided, homing missiles, stationary sentry guns, and combat drone. The radar-guided segment dominated the market in 2018. However, the combat drone segment is expected to grow at the highest CAGR during the forecast period. The growing adoption of combat drones by various countries such as the US and the UK for multiple applications, including border surveillance, is driving the segment growth.

By platform, the global automated weapon system market is divided into autonomous and semi-autonomous. The semi-autonomous segment accounted for a larger market share in 2018 and is expected to witness higher growth during the forecast period. The increasing interference by humans to control and monitor the weapon system is expected to drive the growth of the segment.

Based on the region, the market has been categorized as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America led the market in 2018. However, the market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. Rising defense expenditure of countries such as China and India and increasing territorial conflicts in the region are driving the market growth in the region.

Key Players

The key players in the global automated weapon system market are Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), BAE Systems Plc (UK), Israel Aerospace Industries Ltd (Israel), Boston Dynamics (US), Aerovironment Inc. (US), Turkish Aerospace Industries Inc. (Turkey), Saab AB (Sweden), and General Dynamics Corporation (US).

Research Methodology

The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.

  • Secondary Research

In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.

  • Primary Research

In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.

Key Insights

  • Market sizing, forecast, and analysis: detailed coverage of the market segment and sub-segments

  • Regional/country trends and forecast: detailed analysis of the market in North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America, along with key countries in each region

  • Market dynamics intelligence: market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis

  • Technology trends, regulatory landscape, and patent analysis outlook

  • Competitive intelligence: market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions

  • Regional attractiveness and related growth opportunities

Report Customization

MRFR offers report customization to valued customers. Below are the options available for customization:

  • Company Profiles

In-depth profiling of additional market players (3 to 4 companies)

  • Country-Level Analysis

Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)

Intended Audience

  • Automated weapon system providers

  • Defense organizations

  • Space organizations

  • Naval companies

  • Government organizations

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Frequently Asked Questions (FAQ) :

Automated weapon system market can rise at 7.16% CAGR by 2025.

By 2025, the automated weapon system market can earn decent value.

Boston Dynamics (US), Israel Aerospace Industries Ltd (Israel), Aerovironment Inc. (US), and BAE Systems Plc (UK) are some well-established automated weapon system market players.

Increase in need for radar guided solution to support automated weapon system market.

APAC automated weapon system market value can surge at high pace.