According to a new report by Transparency Market Research (TMR), theglobal micro tactical ground robots marketis highly competitive, owing to the presence of a large pool of participants. The top six players, namely, QinetiQ, Boeing Co., Thales S.A., Roboteam, Northrop Grumman, and iRobot Corp., together held nearly 64% of the overall market in 2016.
The market is technology driven and, hence, the leading players heavily concentrate on technological advancements to expand their business. O
RelSci News & Alerts gets you: