"Search and Rescue Robots Market Outlook: How Technology is Changing the Industry by 2030"
Search and Rescue Robots Market Scope
Search and Rescue Robots Market Size was valued at USD 21.68 billion in 2023. This market is projected to witness a substantial growth rate, reaching USD 66.92 billion by 2030, expanding at a CAGR of 13% during the forecast period from 2024 to 2030
The search and rescue robots’ industry seems to be expanding at a promising rate, owing to the notable rise in the number of natural as well as man-made disasters all over the world. Some of the most common disasters are industrial accidents, tsunamis, volcanic eruptions, terrorist attacks, nuclear meltdowns, and earthquakes, which generally require people to be rescued. In these cases, emergency professionals must put themselves at risk to rescue the victims. As a result, to avoid such a situation, the demand for search and rescue robots has been rising, to mitigate the risk to human lives.
Top Growth Boosters
The World Risk Report reveals that majority of the disaster-prone prime spots worldwide include Southeast Asia, West and Central Africa, Central America, along with the Oceania. However, Africa is affected by maximum degree of life vulnerability, with America & Asia right behind. Search and rescue robots are the latest advanced tools utilized by rescuers to quickly find people stuck in destroyed buildings, collect disaster-based data, identify dangerous materials, and provide first aid kits in hazardous situations.
Manufacturers mostly work on launching innovative search and rescue robots that are most cost-effective, compact, smarter, and versatile. With the surging integration of cutting-edge technologies like machine learning and artificial intelligence, robots are now easily automating several processes of looking for victims and identifying dangerous sources. Predictions are that search, and rescue robots will very soon be navigating air and water with no human intervention. Huge spending on these robots, their various components, as well as software to produce advanced drones with high agility and performance in adverse conditions, could have a remarkable impact on the worldwide market. Other encouraging factors could be the surge in global defense expenditure, along with the rise in terrorist attacks.
Major Restraints
Since many of the search and rescue robots are generally powered by batteries, they have extremely short lifespan and range. As a consequence, these are not preferrable for use in long-distance missions.
Market Segmentation
Operation-wise, the major segments could be autonomous along with remotely operated. Autonomous robots have the capacity to elevate the efficiency of operations, ultimately enhancing the total productivity. These types of robots bring down the risk to lives, and costs, while facilitating data collection, based on which these are extensively deployed in adverse and hazardous situations. Based on all these factors, autonomous robots have procured the lead in the worldwide market.
The platforms covered in the MRFR extensive report include maritime, land, and airborne. Autonomous underwater vehicles can be accredited for maritime segment’s lead in the global industry. AUVs are often deployed in the oil & gas market, other than military & defense, oceanography, search & rescue operations, environmental protection & monitoring, as well as archaeological & exploration.
Regional Status
Asia Pacific will be covering grounds at a substantial rate, in response to the contribution from rapidly developing economies such as Japan, India and China. These countries spend heavily on upgradations of existing robotics or on the development of new more innovative robots. The demand for search and rescue robots is escalating owing to the rise in natural disasters including volcano eruptions, earthquakes, and many more. The government’s mounting intervention in the field in terms of fundings, could further enhance the APAC market size in subsequent years.
North America will be presiding over the global market in the coming years, headed by Canada and the United States. Both the economies generate massive demand for combat search and rescue robots for offering medical services to people left behind in structural collapses following natural calamities.
Important Players
The most important developers of search and rescue robots are Boston Dynamics, Hydronalix, Kongsberg Maritime, Lockheed Martin Corporation, FLIR Systems, Inc., Howe & Howe Technologies, Inc., Northrop Grumman Corporation, Pliant Energy Systems LLC, Saab AB, Thales Group, and more.
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