Security Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2028

  • Report ID : 100065
  • Category : Technology and Communication
  • Pages : -----
  • Reporting status : Published Jan, 19
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Security Robotics market is a growing industry owing to innovative technologies which are constantly creating tremendous demand. Continuous rising demand for stronger defense and serious casualty elimination spur the countries towards security robotics market. Also, the rising demand for automatic surveillance appliances and smart security are probable factors to boost the market growth over the forecast period.

Security robotics has locomotive capabilities, which are programmed to collect data and if required, perform accordingly. The data is accumulated through various sensors such as infrared or ultrasonic devices, radars, thermal sensors, cameras, and others devices. Market has also been enhanced with improved functionality, learning capabilities of robots, and providing reliable data under various environmental conditions. Such factors have helped the market to expand primarily for military purpose.

There is a significant concern for security aspects throughout the world. Major security robotics application is in commercial, governmental, and residential smart security installation owing to their additional advantage of wireless sensor, hence generating enormous demand for the market. These robots are installed for various tasks including patrolling, surveillance, and guarding outdoor and indoor activities.

Although, high costs of installation of security robots system may hinder the market growth.  The issues faced by securities industries such as including low wages, lack of training, and high turnover has been recovered by security robots deployment, hence, creating huge opportunities for the market globally

The market is broadly bifurcated into verticals, segments, and environmental. The vertical segment comprises of governmental, commercial and residential sectors. The segments comprised of hardware, software, and services. The environments segments are indoor and outdoor segments. Demining, transportation, explosion detection, patrolling, surveillance, firefighting, rescuing operations, and spying are few applications of the security robots.

Geographically, North America is the major market for security robots market generating highest market revenue owing to the advantages such as reliability and quality. Advanced technology and modern weapons for foreign contingency operations such as Afghanistan, Iraq, and Syria is driving continuous growth of the market in this region. Also, Warrior drones will however reach the US market and create more advanced strategy and tactics for the US army. The Marine Corps are now running tests for tracked robot equipped with cameras and various sensors, provided with a M240 machine gun. Commercialization of these robots is anticipated to provide additional growth for security robots

Furthermore, Asia Pacific is anticipated to witness swift growth during the forecast period. APAC countries such as Japan, China and South Korea are likely to implement security robots owing to developing technological investment.

Some of the prominent players of the market are Thales SA, Northrop Grumman Corporation, BAE Systems PLC, Elbit Systems Limited, Cobham, Aerovironment Inc., Lockheed Martin Corporation, Knight Scope, DJI, Recon Robotics, SMP Robotics, Leonardo SPA, iRobot Corporation, Qinetiq, Kongsberg Gruppen, and RoboTex.

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