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Security Robots Market: Rising Use by Military and Defense Sector to Fuel Demand - Transparency Market ResearchALBANY, New York, December 12, 2017 /PRNewswire/ -- The global security robots market is still at a nascent stage. Given the scenario, it witnessed only a handful of companies emerging as established players at the initial phase. This on the other hand showcases the high potential for the entry of new players in the market. As a majority of them are likely to have limited regional presence, they are more likely to focus on various strategies that will help them propel businesses. According to Transparency Market Research (TMR), some of the leading players are vying for merger and acquisition to strengthen their position in the market. Besides this, their investment toward research and development activities and in security robots to enrich consumer experience will have a significant influence on the global security robots market. Lockheed Martin Corporation, BAE Systems PLC, Knight Scope, Boston Dynamics, Northrop Grumman Corporation, Liquid Robotics, Inc., SMP Robotic Systems Corp. are some of the prominent names operating in the global security robot market. According to TMR, the global security robots market is likely to reach US$3,881.4 mn by the end of 2025, from US$1,862.1 mn, which was its valuation in 2016. Considering these figures deem correct, the global security robots market will exhibit an impressive 8.9% CAGR between 2017 and 2025. Regionally, North America accounted for the dominant 30% of the global market in 2016. In addition, the Europe security robot market is likely to boast strong growth during the course of the forecast period. Among the key industries, the demand from defense & aerospace segment was the highest. It held nearly 24.2% of the global market in 2016. Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17591 Rising Demand from Diverse Sectors to Boost Growth While the key application of security robots remains in the defense sector, the market is likely to witness gradual progression in the firefighting, oil and gas, rescue operations, patrolling and surveillance and other sectors. In addition, their escalating use in border patrolling, law enforcement, and homeland security will enable the market report accelerated gain. Security robots offer great quality and reliability, thus, efficiently playing its part as an unmanned solution for military and defense sectors. Security robots boast futuristic designs, which enable them to be put into diverse uses. This will enable the global security robots market gain immensely from the rising application of the technology in the near future. Ongoing Geopolitical Concerns may Boost Application of Security Robots Worldwide The ongoing geopolitical conflicts and insabilities such as unrest in Syria, recent incidents of gun violence in the US, and drug war in Mexico will stoke the uptake of unmanned solutions, subsequently boosting the global security robots market. Moreover, with companies investing in innovations, the market is projected to witness promising growth in the coming years. For instance, a start-up called Knightscope has launched a life-sized robot that can patrol and monitor in college campuses, corporate houses, malls, and school. However, there is still a huge scope for improvement in this segment. For instance, the innovation of humanoid can prove to be of remarkable use in the defense sector. With several technological advancements underway, the global security robots market is likely to witness strong growth in the coming years. Browse Press Release at https://www.transparencymarketresearch.com/pressrelease/security-robots-market.htm This review is based on a TMR report, titled "Security Robots Market (Component - Hardware, Software and Services; Environment - Indoor and Outdoor; Type - Ground Robots and Aerial Robots; Application - Demining, Explosive Detection, Fire Fighting, Patrolling & Surveillance, Rescuing Operations, and Spying; Industry Vertical - Chemical & Mining, Defense & Aerospace, Entertainment & Leisure Venues, and Oil & Gas, Manufacturing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025." The report segments the global security robots market as: Security Robots Market, by Component
Security Robots Market, by Environment
Security Robots Market, by Type
Security Robots Market, by Application
Security Robots Market, by Industry Vertical
In addition, the report provides cross-sectional analysis of the security robots market with respect to the following geographical segments:
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https://www.transparencymarketresearch.com/robotics-market.html About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Website: http://www.transparencymarketresearch.com SOURCE Transparency Market Research 
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