Security robots refer to machines that are widely utilized for detecting anomalous behavior in surveillance areas. They are basically automated guards that rely heavily on connected technologies, artificial intelligence (AI), and streaming video to surveil and perform security tasks. They are equipped with electric motors, modern high-capacity batteries, and high-definition (HD) cameras for monitoring, reporting, investigating, patrolling and detecting intruders. They move along foot patrol routes autonomously without direct operator supervision and transmit images from their built-in cameras to the security station that are real-time and relevant, which aid in addressing potential crime events. Some of the common applications of security robots include explosive detection, demining, transportation, spying, firefighting, rescue operations, and patrolling. The global security robots market size reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.3 Billion by 2027, exhibiting at a CAGR of 14.1% during 2022-2027.
The growing adoption of security robots across the defense sector majorly drives the global market. This can be attributed to the increasing emphasis on security at national or regional levels, along with the rising investments to improve the overall defense infrastructure across the globe. Apart from this, the sudden outbreak of coronavirus disease (COVID-19) followed by the implementation of lockdown restrictions by governing agencies of numerous countries raised the deployment of security robots in order to prevent the spread of the pandemic has provided an impetus to the market growth. Moreover, the accelerating need for autonomous systems to make real-time monitoring smarter and more efficient is further contributing to the demand for security robots.
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In addition to this, the rising trend of indoor robots among consumers due to their ability to deliver a wide range of commercial benefits and safety is significantly supporting the market. Along with this, the widespread integration of advanced technologies, including neural networks with security robots that aid in enhancing their functionality, are impacting the market growth favorably. With the escalating utilization of security robots in challenging environments and terrains for performing surveillance and action-based analytics, this is creating a positive market outlook. Some of the other factors driving the market include rapid industrialization and urbanization and extensive research and development (R&D) activities conducted by key players.
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Key Players Included in Global Global Security Robots Market Report:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- AeroVironment Inc.
- BAE Systems plc
- Boston Dynamics (Hyundai Motor Group)
- Cobham Limited (Meggitt PLC)
- Elbit Systems Ltd.
- Knightscope Inc.
- Kongsberg Gruppen
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- SMP Robotics Systems Corp
- Thales Group and The Boeing Company
Breakup by Component:
- Propulsion System
- Frames and Sensors
- Camera Systems
- Guidance and Navigation Control System
- Power Systems
Breakup by Type:
- Unmanned Ground Vehicle
- Unmanned Aerial Vehicle
- Autonomous Underwater Vehicle
Breakup by Application:
- Explosive Detection
- Rescue Operations
Breakup by End User:
- Defense and Military
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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