The rising demand for security and safety applications is expected to create viable opportunities for the safety, security, and rescue robotics market. The global safety, security, and rescue robotics market consist of components such as camera, sensors, navigation system, and control system. Cameras and sensors are the two vital components of safety, security, and rescue robots. The growing demand for safety, security, and rescue robots is expected to create an opportunity for component providers of safety, security, and rescue robots in this ecosystem.
During the forecast period, security and safety applications such as guarding an industrial site, commercial and utility company and oil & gas facilities, patrolling at perimeters, manufacturing plants and warehouses, parking lots, chemical plants, physical security of critical infrastructure, and surveillance at resorts, golf course, beaches, are expected to increase the usage of security robots.
The global safety, security, and rescue robotics market is presently one of the most competitive markets among professional service robots, with the leading players actively competing against each other to gain a greater share in the industry. The competitive landscape of the security robots exhibits an inclination toward emerging strategies and developments by market players.
The key players that are actively participating in the safety, security, and rescue robotics market are Elbit Systems Ltd., Knightscope, Inc., Cobham Limited, Kongsberg, Cobalt Robotics, QinetiQ, ReconRobotics Inc., RoboteX, Inc., Shark Robotics, SMP Robotics Systems Corp. Systems Corp., Howe & Howe Technologies, Inc., OTSAW, Boston Dynamics, ECA Group, and Jonker-Makis Robotics, among others.
The prominent players in the safety, security, and rescue robotics market have adopted key strategies of product launches, contracts, and mergers and acquisitions to expand their business. The companies are also involved in some of the other developments that include demonstrations, integrations, and business expansions. Also, the funding in the security robot market is noteworthy. Most of the funding is likely to come from sources such as seed money from the public sectors, investors, and companies with adequate cash reserves that are committed to drive the market and are willing to invest. Numerous investments have taken place in the recent past in security robot developments, which shows a significant degree of interest of industry leaders in this market.
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The service robots that can autonomously execute security, safety, and rescue tasks are considered as safety, security, and rescue robots. To follow the safety regulations of laborers working in a hazardous environment while firefighting, inspection of HAZMAT missions, detection and disposal of explosives safety, security, and rescue robots. The types of tasks that are performed vary and depend on the industry type, asset type, and security requirements of the facility.
The global safety, security, and rescue robotics market is expected to witness significant growth in the forecast period 2020-2025, primarily due to the rising need for safety, security, and rescue robots in dangerous and hazardous areas as well as in spaces where humans cannot perform safety- and security-related tasks.
Moreover,safety, security, and rescue robots are majorly used for applications such as patrolling, surveillance, rescue operations, and safety inspections.
The robotics market has experienced dynamic technological advancements over the last few decades.
These advancements have led to the improvement in the autonomy of robots, operating ranges, capabilities, and sizes, and paved the way for various growth opportunities for government and defense applications, as well as for the commercial enterprises.
The concept of using robots’ dates to 1954, when George Devol invented the first programmable and digitally operated robot.
Since then, robots have undergone several technological advancements that resulted in a higher degree of autonomy and 3D spatial awareness in their operation.The introduction of robots in the service market has rapidly transformed the process of production, further leading to a growing demand for more automated solutions (both hardware and software).
