Security Robot Market

Security Robot Market

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Raksha

Author :

Raksha Sharma

Amulya

Fact-checked by :

Amulya Agarwal

Shruti

Editor :

Shruti Bhat

The security robot market size was valued at USD 8.85 billion in 2020 and is projected to expand at a robust CAGR during the forecast period, 2021–2028. Growth of the market is attributed to rising importance of unmanned technologies in the business of private security and the asset production units.

Security Robot Market

Security robots are manufactured to replace the patrolling security guards and provide mobile CCTV for the supervision. The security robot moves in and out in some of the restricted area automatically, without any operator command and with the help of the built-in camera it transmits the image to the security station.

The authorities in Tunisia have adopted Enova robotics P-guard the machine built in for terrains and equipped with 4-MP wide angle lenses, IR illuminators that can be used within the 20m range, and 180-degree panoramic view, these kinds of trends are most likely to boost the security robots market.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing usage of robots security and surveillance applications is expected to boost the market during the forecast period.
  • Increasing concerns for the safety is one of the key factors in driving the market.
  • Rising concerns about the privacy and intrusion is one of the major challenges that can hamper the market during the forecast period.
  • The US is estimated to hold the major market share but stringent rules and policies of usage of robots by the government hinders the market expansion.
  • R&D investment and technological advancement in autonomous vehicles, indoor robots, open-source software, and machine learning is anticipated to create lucrative opportunities for the market players.

Scope of the market

The report on the security robot market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Security robot market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Type of Robots (Autonomous Underwater Vehicle, Unmanned Ground Vehicle, Unmanned Aerial Vehicle), End-user Industries (Defense and Military, Residential, Commercial), and Applications (Spying, Explosives Detection, Rescue Operations, Patrolling, Other Applications)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Thales SA; Nothrop Gurmmam Corporation; Lockheed Martin Corporation; BAE System PLC; and Leonardo SPA.

Market Segment Insights

The residential segment is projected to dominate the market

On the basis of type of robots, the market is segregated into autonomous underwater vehicle, unmanned ground vehicle, and unmanned aerial vehicle. The aerial segment is anticipated to exhibit a high CAGR during the forecast period due to more efficiency and precision in collection of data without compromising the quality and extended duration in aerial inspection.

Security Robot Market

The defense & military segment is anticipated to hold a large market share

Based on the end-users industries, the market is fragmented into defense & military, residential, and commercial. The defense & military segment in expected to represent a key share of the market in the coming years owing to private safety and security surveillance of the countries worldwide. Conversely residential segment is expected to grow at a robust pace owing to people still prefer to perform their household duties in traditional way due to high cost involvement. 

Security Robot Market

The explosives segment is projected to constitute major share in market

In terms of applications, the market is segregated into spying, explosives detection, rescue operations, patrolling, and others. The explosives segment is anticipated to represent a major market share during the forecast period due increasing blasts and terrorist attacks in public places and schools. On the other hand the patrolling segment is anticipated to grow at a robust CAGR during the forecast period owing to agility, unbiased decision making, and things to handle under pressure is not completely understandable by the machine.

Security Robot Market

North America is predicted to account for a key market share

On the basis of regions, the security robot market is categorized as Asia Pacific, North America, Latin America, and Middle East & Africa. North America is anticipated to dominate the market in the coming years owing to early adoption in the use of unmanned solutions by the authorities in the cities such as Kansas and Missouri. However the market in Asia pacific is estimated to expand at a significant pace due huge investments in IT industry.

Security Robot Market

Segments

The marketing analytics market has been differentiated on the basis of

Type of robots

  • Autonomous Underwater Vehicle
  • Unmanned Ground Vehicle
  • Unmanned Aerial Vehicle

End user industries

  • Defense and Military
  • Residential
  • Commercial

Applications

  • Spying
  • Explosives Detection
  • Rescue Operations
  • Patrolling
  • Others

Regions

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East & Africa

Key Players

  • Thales SA
  • Nothrop Gurmmam Corporation
  • Lockheed Martin Corporation
  • BAE System PLC
  • Leonardo SPA

Competitive Landscape

Key players competing in the security robot market include Thales SA; Nothrop Gurmmam Corporation; Lockheed Martin Corporation; BAE System PLC; and Leonardo SPA.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In September 2021, Thales SA and QEP announced a partnership for the further innovation in quantum sensors and quantum security.

In October 2021, Lockheed Martin Corporation delivered high energy laser to US army for flight testing.

Security Robot Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Security Robot Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Security Robot Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Security Robot Market - Supply Chain
  4.5. Global Security Robot Market Forecast
     4.5.1. Security Robot Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Security Robot Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Security Robot Market Absolute $ Opportunity
5. Global Security Robot Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Security Robot Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Security Robot Demand Share Forecast, 2019-2026
6. North America Security Robot Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Security Robot Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Security Robot Demand Share Forecast, 2019-2026
7. Latin America Security Robot Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Security Robot Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Security Robot Demand Share Forecast, 2019-2026
8. Europe Security Robot Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Security Robot Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Security Robot Demand Share Forecast, 2019-2026
9. Asia Pacific Security Robot Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Security Robot Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Security Robot Demand Share Forecast, 2019-2026
10. Middle East & Africa Security Robot Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Security Robot Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Security Robot Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Security Robot Market: Market Share Analysis
  11.2. Security Robot Distributors and Customers
  11.3. Security Robot Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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