Insights on the Security Robots Global Market to 2027 - by Component, Type, Application, End-user and Region
DUBLIN, May 11, 2022 /PRNewswire/ -- The "Security Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global security robots market reached a value of US$ 8.7 billion in 2021. Looking forward, the market is projected to reach US$ 19.3 billion by 2027, exhibiting at a CAGR of 14.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Security robots are automated guards that rely on artificial intelligence (AI), streaming video, and other connected technologies to surveil and perform security tasks. They are equipped with high-definition (HD) cameras, electric motors, and modern high-capacity batteries. They assist in reporting, monitoring, investigating, detecting intruders, and patrolling surveillance areas. As they are reliable, incorruptible, and cost-efficient compared to security guards, security robots are extensively utilized in numerous establishments, such as malls, parking lots, and schools or campuses across the globe.
Security Robots Market Trends
Due to the coronavirus disease (COVID-19) outbreak and inflating number of cases, there is a significant rise in the adoption of security robots around the world. This can also be attributed to lockdown restrictions imposed by governing agencies of numerous countries and the increasing adoption of social distancing to prevent the spread of the pandemic.
Apart from this, there is a significant rise in the trend of indoor robots worldwide on account of their ability to deliver a range of safety and commercial benefits.
Furthermore, leading market players are employing advanced technologies, such as neural networks, that help these robots in learning over time and improving their functionality. They are also incorporating automation capabilities that allow security robots to be deployed on challenging terrains and environments for performing surveillance and other action-based on analytics. This is creating a favorable market outlook.
Besides this, due to the growing terrorist activities, geopolitical instability, and territorial disputes, there is a considerable rise in security concerns across different countries. This, along with the extensive increase in commercial security expenditure budgets and continuous funding of research and development (R&D) activities, is anticipated to impel the market growth.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players beng 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, QinetiQ, SMP Robotics Systems Corp., Thales Group and The Boeing Company.
Key Questions Answered in This Report
- How has the global security robots market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global security robots market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the End-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global security robots market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Security Robots Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
6 Market Breakup by Component 6.1 Propulsion System 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Frames and Sensors 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Camera Systems 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Guidance and Navigation Control System 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Power Systems 6.5.1 Market Trends 6.5.2 Market Forecast 6.6 Others 6.6.1 Market Trends 6.6.2 Market Forecast
7 Market Breakup by Type 7.1 Unmanned Ground Vehicle 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Unmanned Aerial Vehicle 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Autonomous Underwater Vehicle 7.3.1 Market Trends 7.3.2 Market Forecast
8 Market Breakup by Application 8.1 Spying 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Patrolling 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Explosive Detection 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Rescue Operations 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast
9 Market Breakup by End User 9.1 Defense and Military 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Residential 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Commercial 9.3.1 Market Trends 9.3.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis 13.1 Overview 13.2 Bargaining Power of Buyers 13.3 Bargaining Power of Suppliers 13.4 Degree of Competition 13.5 Threat of New Entrants 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 AeroVironment Inc. 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.1.3 Financials 15.3.1.4 SWOT Analysis 15.3.2 BAE Systems plc 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.2.3 Financials 15.3.2.4 SWOT Analysis 15.3.3 Boston Dynamics (Hyundai Motor Group) 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.4 Cobham Limited (Meggitt PLC) 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.4.3 SWOT Analysis 15.3.5 Elbit Systems Ltd. 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.5.3 Financials 15.3.6 Knightscope Inc. 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.7 Kongsberg Gruppen 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.7.3 Financials 15.3.8 Leonardo S.p.A. 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.8.3 Financials 15.3.8.4 SWOT Analysis 15.3.9 Lockheed Martin Corporation 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.9.3 Financials 15.3.9.4 SWOT Analysis 15.3.10 Northrop Grumman Corporation 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.10.3 Financials 15.3.10.4 SWOT Analysis 15.3.11 QinetiQ 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio 15.3.11.3 Financials 15.3.12 SMP Robotics Systems Corp. 15.3.12.1 Company Overview 15.3.12.2 Product Portfolio 15.3.13 Thales Group 15.3.13.1 Company Overview 15.3.13.2 Product Portfolio 15.3.13.3 Financials 15.3.13.4 SWOT Analysis 15.3.14 The Boeing Company 15.3.14.1 Company Overview 15.3.14.2 Product Portfolio 15.3.14.3 Financials 15.3.14.4 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/pmlm1j
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