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Security Robots Global Market to 2028: Rising Safety Concerns Across the World Drives DemandDUBLIN, March 14, 2023 /PRNewswire/ -- The "Security Robots Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Underwater Vehicles), By Component, By Application, By End-Use, By Region, By Competition" report has been added to ResearchAndMarkets.com's offering. ![]() Global security robots market is anticipated to develop at a rapid pace in the forecast period, 2023-2028. The demand for 247 surveillance and human safety is expected to increase, leading to significant growth in the security robots' market through 2028. Furthermore, the growing demand for data collection such as incident footage, thermal recognition and anomaly detection of people and packages, facial recognition, or unauthorized access detection are expected to aid sector's development during the forecast period. Security robots are intelligent and highly abled machines that can perform tasks and move on their own without being controlled by humans. Security robots are divided into two types: physical robots that protect physical assets and virtual robots that protect and secure data. Additionally, continuous technological innovation has resulted in cases where robot data became the primary evidence in examinations. A large-scale crime can occur at any time and location, and robots can help meet that need by serving as the first line of defense. As a result, these applications drive the market for robot security robots. According to Security Industry Association, the breakdown of interest in security robots by industry in 2019 are State/provincial/local government (61.4%), Federal/central government (57.1%), Hospitality (51%), Warehousing and logistics (39.6%), Retail (38.2%), Oil and gas (37.5%), Health care (26.4%), and Wholesale distribution (22.9%). Growing Potential Government and Key Players Investment There is a growing interest in the investment in surveillance security robots for overseas contingency operations. For example, The Korean government has invested USD 12 million in Seoul Robotics. UK government is another example which has announced new funding for research into autonomous systems ranging from care robots to automated personal shoppers. Stringent Regulation and Concerns about Privacy Intrusion There are certain standards to adhere to when adopting high accuracy robots. These stringent regulations concerning unmanned system solutions create potential barriers to market growth. Moreover, the incorporation of robots has an security concerns, such as privacy intrusion, data breaches which is hampering the Security Robots Market. Market Players Major market players in the Global Security Robots Market are AeroVironment Inc., Lockheed Martin Corporation, Ava Robotics Inc., Leonardo S.p.A., SMP Robotics Systems Corp., Thales, BAE Systems, Boston Dynamics, Knightscope, Inc., and Northrop Grumman Corporation., and many more. Key developments
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