Published on : Feb 20, 2018
ALBANY, New York, Feb 20, 2018: The report assesses the global security robots market for a 10-year period from 2015 to 2025, based on past growth trends and past market size figures. The report examines demand drivers, restraints, opportunities, and technological innovations that are critical to project the growth trajectory of the security robots market over the report’s forecast period. The all-inclusive analysis along with substantial focus on the competitive matrix covered in the report are valuable for market stakeholders. It also looks into economic indices and political and social disturbances that could determine the expansion scope of security robots market.
Apart from the defense sector, the growing adoption of security and surveillance solutions in varied industry sectors and for varied services is primarily driving the security robots market. In addition, their rising use for law enforcement, border patrolling, and homeland security will lead the market to report an upward climb over the 2017-2025 forecast timeframe. Security robots are highly reliable, which makes them highly suitable for unmanned security solution in military and defense sectors. Security robots are devised employing state-of-the-art technology which makes them suitable for diverse applications. As a result, the security robots market is likely to gain immensely as technology is increasingly becoming an integral part of almost every business sector.
At present, in some parts of the world, incidence of geopolitical conflicts and political disturbances such as in unrest Syria, drug war in Mexico, and gun violence in the U.S. are likely to stoke the demand for unmanned solutions. This is likely to boost the global security robots market. Furthermore, research initiatives and substantial investments leading to technological advances is likely to provide lucrative growth opportunities to the security robots market. For instance, a life-sized robot created by a start-up showcases the capability to carry out patrol in college campuses, malls, school, and corporate houses.
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However, further research can augment serving capabilities and functionalities of robots to great heights. For instance, the creation of human-like robots can prove to be highly useful for the defense sector. Ongoing research and technological advances could translate into robust growth for the security robots market in the coming years.
In this report, the global security robots market is analyzed based on a few parameters, viz. component, environment, type, application, industry vertical, and region. On the basis of component, the segments into which this market could be divided are hardware, software, and services. By environment, the segments into which this market could be divided are indoor and outdoor. By type, the segments of the global security robots market are ground robots, aerial robots, and marine robots.
In terms of application, the segments into which the security robots market could be divided are demining, patrolling & surveillance, spying, explosive detection, rescue operations, firefighting, and others.
Prominent names in the worldwide security robots market include Aerovironment Inc., Boston Dynamics, BAE Systems Plc, Elbit Systems Limited, Cobham Plc, Knight Scope, Lockheed Martin Corporation, Liquid Robotics Inc., Northrop Grumman Corporation, Omron Adept Mobile Robots LLC, Qinetiq Group Plc, Robot Security Systems, and SMP Robotics Systems Corp.
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