The global military robotic and autonomous systems market size was valued at $8,762.7 million in 2019 and is projected to reach $26,136.8 million by 2025, registering a CAGR of 20.75% during the forecast period. North America dominated the military robotic and autonomous systems market with a share of 45.85% in 2019. The U.S. recorded the highest market revenue of $4,010.0 million in 2019 and is expected to reach $10,992.5 million by 2025.

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Asia-Pacific, which includes China, India, Japan, and South Korea, is the second most prominent region for the military robotic and autonomous systems market. Asia-Pacific reported $2,725.3 million revenue in 2019 and is expected to grow at a CAGR of 25.77% during the forecast period. In Asia-Pacific, China acquired a major market share of 52.70% in 2019 and is anticipated to grow with a CAGR of 27.18% during the forecast period. This region is growing at a much faster rate as compared to North America and Europe due to constant efforts by the governments for strengthening and modernizing their defense forces with advanced unmanned systems.

Europe, including major countries such as Russia, the U.K., Germany, France, and Italy, is the third-most prominent region for the military robotic and autonomous systems market. The military robotic and autonomous systems market in Europe reported revenue of $1,512.0 million in 2019 and is expected to grow at a CAGR of 2.21% during the forecast period. In Europe, Russia acquired the major market share of 17.25% in 2019 and is anticipated to grow with a CAGR of 20.73% during the forecast period.

The military robotic and autonomous systems market is in a growing phase, with the leading players actively competing against each other to gain a greater share in the industry.

The key players that are actively participating in the military robotic and autonomous systems market include BAE Systems, Boeing, Elbit Systems, FLIR System, General Dynamics Corporation, L3 Harris Technologies Inc., Israel Aerospace Industries Ltd., Leonardo S.p.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Clearpath Robotics Inc., ECA Group, Hanwha Defense, RedSquared (RE2) Robotics, Dok-Ing, Howe and Howe Technologies.

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The prominent players in the military robotic and autonomous systems market adopted strategies of product launches, mergers and acquisitions, partnerships and collaborations, contracts, and other strategies to expand their business. The companies are also involved in some of the other developments that include demonstrations, integrations, and business expansions. Due to the intensive competition, the military robotic and autonomous systems industry requires manufacturers to constantly innovate and develop cost-effective products.

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