Security Robots Market Research Report 2019 published By Market Research Future, provides information on Global Security Robots Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Unmanned Aerial Vehicle, Unmanned Underwater Vehicle, Unmanned Ground Vehicle), Application (Explosive Detection, Patrolling & Surveillance, Rescue Operations, Firefighting, Others) Component (Guidance, Navigation, and Control System, Propulsion System, Camera System, Frame, Other Payloads) and Region – Forecast to 2027
Global Security Robots Market envisioned to be worth US $ 3,359.2 mn due to growing adoption of unmanned systems by military and defense forces
The key players in the global security robots market include AeroVironment Inc. (USA), DJI (China), Elbit Systems Ltd. (Israel), Knightscope Inc. (USA), L3 Technologies Inc. (USA), Leonardo S.p.A (Italy), Lockheed Martin (USA), Northrop Grumman Corporation (USA), QinetiQ Group PLC (UK), and ReconRobotics Inc. (USA).
Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/865
Market Highlights
Security robots are machines that enforce the security within complexes and compounds without the need for human supervision. Market Research Future (MRFR) has published a research report about the global security robots market that envisions expansion for this market at 7.93% CAGR (Compound Annual Growth Rate) during the forecast period between 2018 and 2027. By value, the market has been figured to be worth the US $ 3,359.2 mn by the end of the forecast period.
Analyzing the market structure, this report calculates the future growth potential of the market. It weighs the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R&D) in the market.
The key factor driving the global security robots market growth is the sharp rise of adoption rates of unmanned systems by military and defense forces. Other factors contributing to the market growth include an increase in defense budgets of developed nations, miniaturization of components, investments in surveillance robots, and technological advances in sensors.
Latest Industry News
- Clovis North High School of California has been asked to test security robots manufactured by Knightscope as early as February. There are plans for three robotic security guards to patrol the halls and parking lots of the campus. 22 JAN 2019
- The Correctional Services Department in Hong Kong has a new plan to monitor inmates using a combination of the internet of things (IoT) technology, robots, and wearables. 16 FEB 2019
Market Segmentation and Geogrpahic Overview
The global security robots market has been segmented on the basis of application, component, type, and lastly, region. The application-based segmentation segments this market into explosive detection, firefighting, patrolling & surveillance, rescue operations, and others. Based on the component, the market has been segmented into a camera system, frame, propulsion system, guidance, navigation & control System, and lastly, other payload.
By type, the market has been segmented into the unmanned aerial vehicle, unmanned ground vehicle, and unmanned underwater vehicle. Unmanned aerial vehicle is meant for air operations. Unmanned ground vehicle is meant for land operations, and the unmanned underwater vehicle is meant for underwater operations.
The regional segmentation of the global security robots market can segment the market into the regional markets known as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA). North America is the most significant regional market due to high expenditure, technological advancements, the presence of key market players, and a large number of deployments of security robots. The USA generates massive demand for security robots for surveillance purposes. Canada is also making investments for the development of security robots, but the USA is ahead of Canada.
During the forecast period, the Europe and Asia Pacific markets have been projected to grow substantially. Both of these regions collectively account for almost 47% share of the global market. In these regions, merger and acquisition activities are popular strategic plans adopted by regional market players who wish to establish their position in the market or widen their customer base. In Europe, governments are awarding contracts to private players for upkeep and maintenance purposes. Some key market players are based in Europe too. The major country-specific markets in Europe are France, Germany, Italy, and the UK, followed by the remaining countries of Europe. In the Asia Pacific region, such markets are Australia, China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
Latin America is a smaller market because the availability of advanced technology is limited in this region. The key country-specific markets in this region are Brazil and Mexico, followed by remaining countries of Latin America. In the MEA region, the market is small due to poor countries, lack of awareness, lack of education, lack of skilled labor, and lack of technological advancement. The maximum revenue-generating country-specific markets in this region are Israel, Saudi Arabia, and UAE, followed by the remaining countries of the MEA region.
Intended Audience
- Security Service Providers
- Security Robots Original Equipment Manufacturers (OEM)
- Related Components Providers
- Government Organizations
- Defense Contractors
Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/865
Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rise in Adoption of Unmanned System Solutions
4.2.2 Surge in Geopolitical Issues
4.3 Restraints
4.3.1 Lack of Regulatory Framework
4.3.2 Threats of Cybersecurity
4.4 Opportunities
4.4.1 Increase in Defense Expenditure
4.4.2 Adoption of Autonomous Systems for Security Robots
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Value Chain Analysis
5.2.1 Procurement of Components
5.2.2 Design and Development
5.2.3 Assembly and Customization
5.2.4 Distribution to End-users
Continued……
Ask for your specific company profile and country level customization on reports.
Get More Information on Security Robots Market Research Report – Global Forecast to 2027 @ https://www.marketresearchfuture.com/reports/security-robots-market-865
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/security-robots-market-865