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Autonomous Weapons Market is Projected to Grow Expeditiously: to Reach USD 30.16 Billion by 2030, Report
The global autonomous weapons market was valued at $11.56 billion in 2020, and is projected to reach $30.16 billion by 2030, registering a CAGR of 10.4%.
WILMINGTON, DE, UNITED STATES, February 19, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Autonomous Weapons Market by Product (Missiles, Munitions, Guided Rockets, Guided Projectiles, Hypersonic Weapons, and Others), Platform (Land, Airborne, and Naval), and Type (Semi-Autonomous and Autonomous): Global Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the global autonomous weapons industry generated $11.56 billion in 2020, and is estimated to reach $30.16 billion in 2030, witnessing a CAGR of 10.4% from 2021 to 2030.
Drivers, restraints, and opportunities
Rise in number of autonomous defense vehicles, drones, and robots and increase in investments in R&D activities drive the growth of the global autonomous weapons market. However, issues related to accountability and misuse of such technology by unauthorized people hinder the market growth. On the other hand, adoption of autonomous technologies to lower down operational costs and increase efficiency creates new opportunities in the coming years.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 (291 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭 https://www.alliedmarketresearch.com/request-sample/13497
The missiles segment to offer lucrative opportunities
Based on product, the missiles segment held the highest share in 2020, accounting for nearly one-third of the global autonomous weapons market, and is estimated to continue its leadership status during the forecast period. Moreover, this segment is expected to witness the largest CAGR of 12.5% from 2021 to 2030. This is attributed to high demand for a number of precise, long- and short-range missile systems to protect the national assets by defense forces worldwide. The research also analyzes the segments including munitions, guided rockets, guided projectiles, hypersonic weapons, and others.
The semi-autonomous segment to continue its lead position during the forecast period
Based on type, the semi-autonomous segment contributed to the largest share in 2020, holding nearly two-thirds of the global autonomous weapons market, and is estimated to continue its lead position during the forecast period. This is due to high demand for semi-autonomous weapons as they encompass artificial and human intelligence capabilities. However, the autonomous segment is projected to register the largest CAGR of 11.9% from 2021 to 2030, owing to excellent capabilities of autonomous weapons in handling attacks.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐡𝐞𝐫𝐞 𝐚𝐭 https://www.alliedmarketresearch.com/purchase-enquiry/13497
North America to grow at the fastest rate during the forecast period
Based on region, North America is expected to portray the fastest CAGR of 11.5% during the forecast period, owing to surge in adoption of autonomous weapons, huge spending in the defense sector, and the presence of major defense equipment manufacturers. However, Asia-Pacific held the highest market share in 2020, contributing to more than one-third of the global autonomous weapons market, and is estimated to continue its dominance in terms of revenue by 2030. This is due to rise in conflicts among various nations in the region and the consequent increase in demand for autonomous weapons to protect against unexpected attacks.
Leading Market Players
BAE Systems plc
Israel Aerospace Industries Ltd.
Kongsberg Gruppen ASA
Lockheed Martin Corporation
MBDA
Northrop Grumman Corporation
Rafael Advanced Defense Systems Ltd.
Raytheon Technologies Corporation
Rheinmetall AG
Thales Group
𝐒𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐚 𝐅𝐑𝐄𝐄 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐭𝐢𝐨𝐧 𝐂𝐚𝐥𝐥 𝐰𝐢𝐭𝐡 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐭𝐨 𝐅𝐢𝐧𝐝 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐭 https://www.alliedmarketresearch.com/connect-to-analyst/13497
Key Findings Of The Study
By product, the missiles segment is expected to register a significant growth during the forecast period.
By type, the autonomous segment is anticipated to exhibit significant growth in future.
By platform, the airborne segment is projected to lead the global autonomous weapons market, owing to higher CAGR as compared to defense forces segment.
By region, North America is anticipated to register the highest CAGR during the forecast period.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐚𝐧𝐝 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aircraft-lighting-market-A06273
𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐛𝐢𝐧 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aircraft-cabin-lighting-market
𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐖𝐢𝐧𝐝𝐨𝐰 𝐅𝐫𝐚𝐦𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aircraft-window-frame-market-A31492
Davin Correa
Allied Market Research
+1 8007925285
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