The global Security Robot market report highlights key points and industry trends and presents an in-depth analysis of the scope, structure, potential, variations, and financial factors influencing the market. The report also provides the market size, share, product and sales volume, revenue, and growth rate of the Security Robot market. The Security Robot market research report focuses on key players and assesses their market share and growth during the anticipated period. The report analyzes the Security Robot market by major manufacturers and geographies.
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The market was valued at USD 2.106 billion in 2018 and is expected to reach USD 3.33 billion by 2024, at a CAGR of 7.93% over the forecast period (2019-2024). The inclusion of different sensors has also improved the robots’ abilities in analyzing their environment and providing more reliable data. This has benefited considerably from their integration into military apparatus.
Robots regularly roam the surveillance market, patrolling malls, parking lots, college campuses, and other public places. Surveillance robots are mainly equipped with inertia, GPS, LiDAR, biomimetics and ultrasound distance sensors.
Robots built by major manufacturers are at aritical risk of being hacked and pose a serious threat to people and property.
In addition, the remote sensing capabilities provided by these robots (due to the inclusion of wireless sensors) are also expected to drive the growth of their residential and commercial applications.
Analysis of key players:
In terms of quality and price, the world market is very concentrated, with only a few players competing. These companies are focused on expanding their market footprint through strategies such as acquisitions, new product launches and operational diversification.
Here are some of the major players in the market:
Lockheed Martin Corporation
Northrop Grumman Corporation
BAE Systems PLC
Elbit Systems Limited
Knight Scope, Inc.
SZ DJI Technology Co., Ltd
Boston Dynamics Inc.
Qinetiq Group PLC company
Recon Robotics Inc.
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Main market trends:
Estimated Commercial End User Industry STAY Share
Commercial enterprises and related business account for a massive part of the economy, with the huge prosperous industry touting the budgets to be spent on improving safety. Thus, security robots in this sector offer an attractive and quantifiable value proposition.
While billions of dollars are spent on R&D in autonomous vehicles, indoor robots for commercial spaces enjoy technological and economic advantages over sensors, computing, machine learning and open source software. With the increasing budget for commercial security spending and the availability of a largely untapped market, the security robot industry is expected to grow at a significant rate.
The trend of indoor robots is gaining great popularity in the market, with their diverse range of applications in different sectors, such as offices and hospitals, among others.
robots have the potential to offer a range of security and commerce services, and market companies are developing new robotic systems for specific applications
United States accounts for the largest share
Over the past decade, the number of active conflicts has increased across the country, along with an increase in terrorist attacks in public places and schools. These geopolitical instabilities and territorial disputes have given rise to the increasing need for security robots in the country during the forecast period. Due to the increase in terrorist activity, increasing security concerns across the country are also expected to boost demand for security service robots in this region. Unmanned aerial vehicles (UAVs) find a place in the defense forces in the country, for a multitude of operations, such as the deployment of sensors, the delivery of ammunition, mine action, the disposal of explosives, intelligence, surveillance and reconnaissance and anti-submarine warfare, among others. robot warriors and drones have yet to hit the US market and are yet to find their way into the tactics and strategy of the US military. However, it was reported that the US military spent $ 521 million on robotics in 2017, 79% of which was spent on aerial drones. $ 20.6 million was spent on the purchase of unmanned ground vehicles in 2017, almost all of the remaining amount was spent on UGV, in order to demine and roadside bombs. In addition, USD 91.4 million was spent on R&D – and 40% of the amount was spent on mine clearance
The Marine Corps is already testing a tracked robot equipped with sensors and cameras, and armed with an M240 machine gun. The commercialization of this robot is expected to increase demand for security robots in this country.
Our report offers:
?? Safety Robot Market Segment Assessments for Regional and National Sections
?? Market share study of major industry players and plan recommendations for new participants
?? Tactical references in key business subdivisions based on market assessments
?? Competitive landscaping mapping major mutual trends
?? Summarizing the Company with Complete Plans, Financial Data, and New Developments in the Safety Robot Industry
?? Supply chain trends by planning the latest technological developments
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Security Robot Market Report Coverage –
?? The report studies the political, social, economic, technological and environmental factors driving the market growth across several regions.
?? The report contains the in-depth analysis of the various factors which are stimulating, restraining and creating the opportunities in the market.
?? The report offers a comprehensive assessment of key market players and their growth strategies.
?? The Safety Robot market gives feedback for analysis at regional level with production, sales, consumption, import and export
?? Supply chain trends mapping the latest industrial advancements
?? Calculated for new entrants to the Safety Robot market
?? Analysis of manufacturing processes, suppliers, prices, production and consumption, modes of transport and costs, industry chain analysis
?? Safety Robot market provides manufacturers with basic information, product category, revenue, price and gross margin
?? Provide company profile with detailed strategies, financial data and recent developments
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The Safety Robot Market report covers the following COT points:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market overview
4.2 Introduction to Market Drivers and Constraints
4.3 Market drivers
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Investment analysis
7.2 Future of the market
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