Global Security Robots Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The emergence of unmanned systems and rapid advances in robotics have reflected favourably on Security Robots Market. As per the report published by Market Research Future (MRFR), the global security robots market is set to surge at a CAGR of 7.93% during the assessment period (2019-2025). Moreover, the increased military expenditure in various countries is providing an impetus to the market. An attractive growth potential continues to draw commercial interest toward security robots. Nevertheless, poor regulatory framework and cybersecurity threats remain major hurdles for market players.
Some of the leading companies mentioned in MRFR’s report include L3 Harris Technologies, Inc. (US), Northrop Grumman Corporation (US), Knightscope, Inc. (US), Leonardo SpA (Italy), Lockheed Martin Corporation (US), Elbit Systems Ltd. (Israel), ReconRobotics, Inc. (US), QinetiQ Group plc (UK), AeroVironment, Inc. (US) and DJI (China)
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Intended Audience
- Security service providers
- Security robots Original Equipment Manufacturers (OEM)
- Related components providers
- Government organizations
- Defense contractors
Global Security Robots Market: Segmental Analysis
The segmental analysis of the market has been conducted on the basis of type, application, component
Based on type, the market has been segmented into unmanned underwater vehicle (UUV), unmanned ground vehicle (UGV) and security robots market comprises unmanned aerial vehicle (UAV). The UAV segment currently holds the lion share of the market and is likely to post the strongest CAGR during the assessment period. Growth of the segment is largely due to the rapid adoption of UAVs for purposes such as reconnaissance and surveillance. UAV application in military is expected to increase further in the years to come.
Based on application, the market has been segmented into firefighting, rescue operations, explosive detection, patrolling & surveillance and others. In 2018, the patrolling & surveillance segment held the dominant position in terms of value. Meanwhile, the rescue operations segment is likely to witness an impressive growth over the next couple of years. Security robots are increasingly used in rescue operations, especially in situations where direct human assistance or intervention is unfavourable.
Based on component, the market has been segmented into camera system, navigation and control system, guidance, frame, propulsion system and other payloads. Of these, the propulsion systems segmented accounted for the largest share of the market in 2018. The camera systems segment is expected to remain highly attractive during the assessment period. Cameras play an important role in feeding information to security robots. Most variants of security robots are integrated with cameras for investigation, monitoring, and capturing image and videos. This characterises exponential growth of the segment.
Global Security Robots Market: Regional Analysis
The market has been covered across Europe, North America, the Middle East & Africa (MEA), Asia Pacific (APAC) and Latin America. Of these, North America is expected to emerge as the leading market for security robots during the forecast period. Increased application of new-age weapons and technologies for military contingencies in the US has reflected favourably on the market. The US is the largest military spender in the world which makes it an attractive destination for market players. Security robot deployment has gained tremendous moment in North America with the US being at the forefront. At the same time, presence of companies such as Northrop Grumman, Lockheed Martin and AeroVironment augurs well for the North America security robots market.
Europe and Asia Pacific are the two other important markets for security robots. In Europe, countries such as Germany, France, Italy and the UK are expected to make significant contribution to Europe market during the forecast period. Meanwhile, the APAC market is being driven by the increased military expenditure in China and India. These two countries will remain key destinations for market players during the assessment period. It is projected that the APAC security robots market is set to exhibit highest growth over the couple of years.
Key Insights
- Market sizing, forecast, and analysis: detailed coverage of the market segment and sub-segments
- Regional/country trends and forecast: detailed analysis of the market in North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America, along with key countries in each region
- Market dynamics intelligence: market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis
- Technology trends, regulatory landscape, and patent analysis outlook
- Competitive intelligence: market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions
- Regional attractiveness and related growth opportunities
Table of Contents
1 Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Security Robots Market, by Type
1.1.2. Global Security Robots Market, by Component
1.1.3. Global Security Robots Market, by Application
1.1.4. Global Security Robots Market, by Region
2 Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3 Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4 Market Insights
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Continued……..
List of Tables
Table 1 Global Security Robots Market, by Region, 2019–2025
Table 2 North America: Security Robots Market, by Country, 2019–2025
Table 3 Europe: Security Robots Market, by Country, 2019–2025
Table 4 Asia-pacific: Security Robots Market, by Country, 2019–2025
Table 5 Middle East & Africa: Security Robots Market, by Country, 2019–2025
Table 6 Latin America: Security Robots Market, by Country, 2019–2025
Table 7 Global Security Robots Market Size, by Region, 2019–2025
Table 8 North America: Security Robots Market Size, by Country, 2019–2025
Continued……..
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down and Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued…….
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