Security Robots usually have locomotive abilities for collecting data through devices like radars, infrared or ultrasonic sensors, cameras, thermal sensors, and others and further they execute their functions accordingly. These robots are majorly installed in airports, banks, offices, warehouses, hospitals, and other indoor environment.
The research report titled, “Security Robotics Market Analysis By Segment (Hardware, Software, and Services), By Type (Ground, Aerial, Marine), By Environmental (Indoor, Outdoor), By Application (Demining, Explosive Detection, Fire Fighting, Patrolling & Surveillance, Rescuing Operations), By Industry, By Region & Segment Forecast, 2017-2025” aims at producing a comprehensive strategic analysis of the global security robots market along with revenue and growth forecasts till 2025. It basically provides an extensive insight and analysis of the Security Robots Market in the coming years and thereby proves itself as a vital point of reference for operators and suppliers.
The global security robotics market is mainly divided on the grounds of component, type, application, environment, and industry. The component segment is further classified into hardware, software, and services whereas the type segment includes ground, aerial and marine robots. The environment segment involves indoor and outdoor environment and based on application, the industry consists of transportation, demining, explosion rescuing operations, patrolling, surveillance, detection, firefighting, spying, and others. Further, chemical & mining, defense & aerospace, entertainment & leisure venues, oil & gas and manufacturing are the types of industries on the basis of which such robots are classified.
This global market majorly covers the regional markets of North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with relevant revenue market share and growth rate wherein the top industry players namely include- Aerovironment Incorporation, BAE Systems, Boston Dynamics, Cobham PLC, DJI, Northrop Grumman Corporation, Lockheed Martin Corporation, Recon Robotics, iRobot Corporation, Robotex Inc. and Thales SA.
The Global Security Robots Market has witnessed a reasonable growth over the years and is further expected to grow at a decent CAGR of over 8% by 2025 owing to the advancements in security robots and augmenting demand for safety in industrial sectors such as manufacturing and transportation & logistics. Moreover, the evolving implementation of smart security & surveillance along with rising demand for autonomous systems in surveillance & security appliances is anticipated to stimulate the global industry growth to a next level.
Some of the other factors looked upon which are bolstering the growth of the market worldwide include- the flourishing of robotic technology and developing need for automation in developing regions like Asia Pacific; high demand from the manufacturing sector; launch of industry specific security robots in developed regions like North America & Europe; and increasing awareness amongst the consumer base. Thus, the security robots market is anticipated to experience a really high growth in the coming decade as well. The demand for these robots will augment with the support of persistent innovations in robotic technologies.
The “Hardware” segment of this industry has been estimated to contribute majorly and is thereby projected to maintain its dominance over the years. It mainly comprises of- Articulated robots, Cartesian robots, Selective Compliance Assembly Robot Arm (SCARA) robots, and other robots. Furthermore, the functions of this segment involve processes like welding, assembling and disassembling, painting, and material handling, cutting and milling, and others.
Geographically, North America has been noticed to be a significant market for security robots contributing majorly to the revenue due to increasing trend of commercialization in various industries. Not only this; the modern weapons and advanced technology tools that are being used for overseas contingency operations have been the constant growth drivers of the regional market. Additionally, Asia Pacific countries like Japan, China and South Korea are expected to experience a robust growth in the coming years owing to developing technological investment especially in the manufacturing sector.
Ameliorating concerns for security coupled with increasing penetration of automation techniques involving Robotic Process Automation (RPA), desktop automation, enterprise RPA, intelligent process automation, heuristics, and autonomics are expected to primarily drive the demand for this industry in the coming years. Also, the support of rising deployments of smart security systems in various indoor applications in commercial as well as residential sectors will trigger the overall industry demand. Even, the demand for advanced technology equipment for building a strong defense sector is projected to fuel the growth of security robotics industry on a whole, resulting in registration of higher revenues and profits in the years to proceed.
Key topics covered in the report:
Security Robotics Global Market Analysis Report
Global Security Robotics Industry Analysis
Global Security Robotics Market Growth Share
North America Security Robotics Industry Demand Drivers
Global Security Robotics Industry Competitive Scenario
Security Robotics Global Market Trends
Global Technology Industry Report
Global Robot Software Market Technology
Security Robotics Global Market Size and Segmentation
Global Security Robotics Market Consumer Demand
Security Robotics Global Industry Future Outlook
North America Security Robotics Market
Europe Security Robotics Market
Asia Security Robotics Market
US Security Robotics Market
China Security Robotics Market
India Security Robotics Market
Japan Security Robotics Market
Germany Security Robotics Market
UK Security Robotics Market
Philippines Security Robotics Market
To know more about the research report:
Ankur Gupta, Head Marketing & Communications