The market’s value was USD 88.8 billion in 2020 and is expected to reach USD 19.97 billion by 2026, growing at a CAGR of around 14% over the forecast period (2021-2027). The COVID-19 pandemic has increased the likelihood of introducing unmanned technology into the business of private security and asset protection companies.
In addition, the Tunisian authorities took advantage of Enova Robotic’s P-Guard, a rugged machine built for multi-terrain applications, according to the announcement by camera partner VIVOTEK. The robot is equipped with dual 4-megapixel wide-angle lenses, 180-degree panoramic view, and effective IR illumination up to 20 meters. This trend is expected to drive adoption of security robots, especially during the pandemic.
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Company Profile
Some of the major suppliers of components for security robots include Cadex Electronix (Canada), UAV vision (Australia), and Lightware Optoelectronics (South Africa) among others. The manufacturers and integrators of security robots include Lockheed Martin (US), Northrop Grumman (US), Thales (France), BAE Systems (UK), Elbit Systems (Israel), Kongsberg Gruppen (Norway), and Fugro (Netherlands) among others. The security robots are also used by the Defense Advanced Research Projects Agency (US), Department of Defense (US), Indian Air Force, and Ministry of Defense (UK) among others.
Market Segmentation
Security Robots Market Key Segments:
By Type:
- Unmanned Aerial Vehicles
- Unmanned Ground Vehicles
- Unmanned Underwater Vehicles
By Component:
- Frames
- Sensors
- Controller Systems
- Camera Systems
- Navigation Vehicles
- Power Systems
- Others (Electrical and Mechanical Components).
By Application:
- Spying
- Explosive Detection
- Firefighting
- Demining
- Rescue Operations
- Transportation
- Patrolling
- Others (Rf Jammers and Microwave Intrusion Detection Systems).
Scope of the Report
The research study analyzes the global Security Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Security Robots Market Report
1. What was the Security Robots Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Security Robots Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Security Robots Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Security Robots market.
- The market share of the global Security Robots market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Security Robots market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Security Robots market.
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