Global Security Robots Market Overview:
The latest report by IMARC Group, titled “Security Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the Security Robots Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global security robots market reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.3 Billion by 2027, exhibiting at a CAGR of 14.1% during 2022-2027.
Security robots are automated guards used for performing surveillance and security tasks. They rely on artificial intelligence (AI), streaming video, and other connected technologies to automate tasks and enhance their capacities. They also consist of a built-in automatic guidance system, electric motors, modern high-capacity, lightweight batteries, and high-definition (HD) cameras. Security robots are used to spy, patrol surveillance areas, report, investigate, rescue operations, and detect explosives. As compared to security guards, they are safer, more reliable, and cost-efficient and can move in complex environments.
|Base Year of the Analysis||2021|
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Security Robots Market Trends:
The increasing security concerns and the rising penetration of automation techniques across the globe are creating a positive outlook for the market. This is further supported by the significant investments by governments in defense owing to rising geopolitical tensions among neighboring countries and increasing terror threats. In line with this, the widespread product adoption in malls, parking lots and campuses to alert security personnel about threats or possible crimes is favoring the market growth. Apart from this, manufacturers are employing advanced technologies, such as neural networks and deep learning models, to improve functionality over time, which, in turn, is positively influencing the market growth. Additionally, the integration of automation capabilities in security robots that are employed on challenging terrains and environments to perform surveillance and other actions based on analytics is providing a considerable boost to the market growth. Other factors, including the increasing trend of indoor robots to deliver a range of safety and commercial benefits and extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Global Security Robots Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- AeroVironment Inc.
- BAE Systems plc
- Boston Dynamics (Hyundai Motor Group)
- Cobham Limited (Meggitt PLC)
- Elbit Systems Ltd.
- Knightscope Inc.
- Kongsberg Gruppen
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- SMP Robotics Systems Corp
- Thales Group and The Boeing Company.
Breakup by Component:
- Propulsion System
- Frames and Sensors
- Camera Systems
- Guidance and Navigation Control System
- Power Systems
- Unmanned Ground Vehicle
- Unmanned Aerial Vehicle
- Autonomous Underwater Vehicle
Breakup by Application:
- Explosive Detection
- Rescue Operations
By End User:
- Defense and Military
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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