Security Robots Market
Security Robots Market is expected to reach USD 3.35 Billion by 2027, growing at a CAGR of 7.93% between 2020 and 2027. Security robots are self-contained mobile robots that are designed to provide enhanced intelligent video surveillance solutions as well as other on-board AI features processing. The introduction of robotics as a service (RaaS), as well as the increasing installation of Smart security systems for diverse commercial applications in diverse commercial sectors, has resulted in the Security Robots Industry being driven.
Furthermore, the massive defense investment to accelerate advanced unmanned ground vehicle solutions across military forces as a result of the global geopolitical crisis is regarded as a significant opportunity in this market. The increased adoption of autonomous location tracking, improved firefighting controller systems, and other surveillance appliances are some of the key factors driving market growth. Security robots provide the highest degree of stability, and the evolution of security devices such as modular portals, sensors, and artificial intelligence is eliminating labor risk, which is helping to drive advancement and, as a result, driving the Security Robots Market growth.
The increasing adoption of unmanned remedies by various military and defense forces, as well as rising geopolitical instabilities and territorial conflicts, are expected to drive the market in the coming years. Furthermore, the remote sensing capabilities of these robots, as well as the growing need to patrol shopping malls, parking lots, college campuses, and other public areas due to security threats, are expected to drive the market in the coming years.
Furthermore, an increase in spending on security precautions by various organizations, as well as increased awareness about secure premises, are expected to fuel the market during the forecasted period. Certain restrictions and difficulties can stifle market expansion. Market restraints are likely to be factors such as the higher cost of security robots and strict regulatory environments in different regions.
The market is being driven by the increasing applications of security robots in the defense and military sectors. Due to increased geopolitical tensions and terrorism, there has been a significant increase in government spending aimed at strengthening the army, navy, and air force capabilities.
Concerns regarding data breach may hinder the security robots market growth. The security robots market research report reveals that businesses functioning in the Security Robots Market could be supported by improvements in sensor technology and automation capabilities as well as neural network technology enhancements during the forecast period. The security robots are anticipated to gain a high CAGR owing to these key factors
• Unmanned aerial vehicles.
• Unmanned ground vehicles
• Unmanned underwater vehicles.
• Controller Systems
• Camera systems
• Navigation Vehicles
• Power Systems
• Others (Electrical and Mechanical components).
• Explosive detection
• Rescue Operations
• Others (RF Jammers and Microwave intrusion detection systems).
• North America
· Rest of Europe
· South Korea
· Rest of APAC
Rest of the World
· South America
· Middle East and Africa.
Following is some major key Security Robots Market Players
• Elbit Systems Ltd. (Israel)
• L3 Harris Technologies, Inc. (US
• DJI (China)
• Northrop Grumman Corporation (US)
• QinetiQ Group plc (UK)
• Knightscope, Inc. (US)
• AeroVironment, Inc. (US)
• Leonardo SpA (Italy)
• ReconRobotics, Inc. (US)
• Lockheed Martin Corporation (US)
North America dominated the security industrial robot market in 2015 and is expected to continue to do so between 2016 and 2022. Between 2016 and 2022, the APAC market is expected to grow at the fastest CAGR. The increased investment by China, India, and Japan in strengthening monitoring and weapon guidelines capabilities, as well as increased military spending to combat terrorist attacks, infiltration, illegal immigration, and criminal activities, is the primary driver for the APAC security robots market.
DJI Zenmuse P1 and DJI Zenmuse L1 payload solutions for its flagship commercial drone platform Matrice 300 RTK were unveiled at INTERGEO, destined to serve the most demanding aerial land survey operations.
Security Robots Market by Type (Unmanned Aerial Vehicle, Unmanned Underwater Vehicle, Unmanned Ground Vehicle), By Application (Explosive Detection, Patrolling & Surveillance, Rescue Operations, Firefighting, Others), By Component (Guidance, Navigation and Control System, Propulsion System, Camera System, Frame, Other Payloads) - Forecast till 2027
· Military Surveillance Drone Market: Information by Drone Type (Fixed Wing Drone, Rotary Blade Drone and Hybrid Drone), Payload (Electro-Optic/Infrared Sensor, Cameras, Electronic Intelligence, Maritime Patrol Radar and others), Technology (Hardware and Software) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and Latin America) - Forecast till 2027
· Drones Market by Type (Fixed-Wing and Multi-Rotor), By Capability (Passenger& Drones and Cargo& Drones), By Capacity (Up to 100kg and Over 100 kg), By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying, Agricultural Photography, Precise Agriculture Management, Agriculture Insurance Inspection), Industry (Construction, Oil & Gas, Mining, Logistics, Aviation, Telecom)) - Forecast till 2027
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