Rising Safety Concern is a significant factor driving the growth of the Global Security Robots market in the forecast period of 2023-2028.
According to TechSci Research report, “Security Robots Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028F”. The Global Security Robots Market is projected to expand in the coming years. According to the survey conducted by the University of Toronto, there are about 31 million total crimes reported annually, of which thefts, assaults, and sexual assaults make up 76% of the total crime. Therefore, with an increase in the number of crimes, there is an increase in the need of security robots which gradually provides personal protection.
Moreover, various technological advancements, especially in artificial intelligence (AI), have enabled the development of robots that can now protect and serve the community. While these robots do not have the brain and body of a real cop, they can relatively provide much decent protection. For instance, Knightscope, a Silicon Valley company, has introduced an autonomous security robot to protect an apartment complex in Vegas.
AeroVironment, a robotics equipment manufacturer, based in the United States, announced the acquisition of Telerob on December 20, 2020. When combined with Telerob's 45-country impression and its multi-industry client base, the company's close relationship with the US Department of Defense may provide a tonne of potential for development and revenue generation, given its presence in the 50 United Nations.
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The Global Security Robots Market is segmented into Type, Component, Application and End-Use, Region, and Competitive Landscape.
In 2021, the firefighting segment contributed to revenue of the market in 2028. Due to firefighting robots, injuries to fire victims are less likely. Furthermore, it is used to detect and extinguish fires before they spread. The robots are either equipped with a water tank or a fire hose to spray water on the fire affected areas. With a sensor and a global positioning system, these robots are well-suited to locate the source and cause of the fire. Robotic firefighting systems are intended to analyze and locate fires, undertake search and rescue, regulate hazardous variables, and operate the important objective of fire control and suppression. For example, Mitsubishi Heavy Industries have developed of disaster relief and plant inspection robot, which is a long-necked robot, and an anti-explosive robot that can be controlled remotely to work in gas-filled environments for the Fukushima Daiichi nuclear plant cleanup operations. The advancement of these robots is being influenced by the need to ensure the safety of firefighters.
According to regional analysis, North America has the largest market share and is expected to grow the fastest during the forecast period. Unmanned systems are being adopted more frequently by American security and surveillance forces because of their advantages like quality and dependability. Over the last ten years, there have been ongoing disagreements across the country as a direct result of increased terrorist attacks in public places and schools. Due to territorial disputes and geopolitical instabilities, the country's demand for security robots will rise. Terrorist operations are expected to raise security concerns nationwide, driving up the demand for security service robots. Unmanned vehicles are making their way into the country's defense forces for various operations, including ammunition, sensor deployment, mine countermeasure, explosive ordnance disposal, intelligence, surveillance, reconnaissance, and anti-submarine warfare, among others. Furthermore, the country's defence agency is actively investing in the development of unmanned vehicles, contributing to market growth.
The market has leading key players and are actively participating in the innovations and developments:
- AeroVironment Inc.
- Lockheed Martin Corporation
- Ava Robotics Inc.
- Leonardo S.p.A.
- SMP Robotics Systems Corp
- Thales
- BAE Systems
- Boston Dynamics
- Knightscope, Inc.
- Northrop Grumman Corporation
Some of the recent developments are:
- In October 2022 Knightscope, Inc. acquired CASE Emergency Systems. This acquisition is planned to boost the safety of communities nationwide. The major clients include airports, universities, rail, healthcare, and U.S. federal government.
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“Global Security Robots Market is expected to grow at a robust pace on account of technological advancements. Factors like the worldwide adoption of the digital revolution with mandatory digital identity law reforms, rising concerns over security, rising industrial spending, increasing R&D, and change in the attitude of consumers, among others, are anticipated to propel the demand for security robots across the country over the next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Security Robots Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Underwater Vehicles), By Component (Hardware, Software, Services), By Application (Spying, Demining, Patrolling & Surveillance, Firefighting, Others), By End-Use (Defense & Military, Residential, Commercial) By Region, By Competition”, has evaluated the future growth potential of global security robots market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and helps decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global security robots market.
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Global Security Robots Market by Type (Unmanned Aerial Vehicle, Unmanned Underwater Vehicle, Unmanned Ground Vehicle), Application (Explosive Detection, Patrolling & Surveillance, Rescue Operations, Firefighting, Others) Component (Guidance, Navigation, and Control System, Propulsion System, Camera System, Frame, Other Payloads) and Region - Forecast to 2027Security robots are machines capable of enforcing the security within complexes and compounds without the need for human supervision.
It acquires and collects data via radars, infrared devices, and thermal sensors.
The global security robots market is predicted to experience a 7.93% CAGR during the assessment period (2018-2027), as per an in-depth report by Market Research Future (MRFR).
Furthermore, increase in defense budgets of developed nations can open up opportunities for the market.Governments are awarding contracts to private players for upkeep and maintenance purposes.
Technological advances in sensors, miniaturization of components, and investments in surveillance robots can bolster market growth over the forecast period.Get Sample Report @ https://www.marketresearchfuture.com/sample_request/865 Report OverviewThis report covers current events and trends in the market for security robots to provide the most accurate forecasts and predictions.
The report discusses and interprets the current trends and future opportunities of the market by delivering an unbiased growth assessment.Players CoveredElbit Systems Ltd. (Israel), L3 Technologies, Inc. (U.S.), DJI (China), Northrop Grumman Corporation (U.S.), QinetiQ Group plc (U.K), Knightscope, Inc. (U.S.), AeroVironment, Inc. (U.S.), Leonardo S.p.A (Italy), ReconRobotics, Inc. (U.S.), and Lockheed Martin Corporation (U.S.), are eminent names profiled in in the security robots market report.The report offers comprehensive profiles on these market players and assesses their current standing in the security robots market.
