Security Robot Market: A Look at the Industry's Current Status and Future Outlook

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The market for security robots was valued at USD 26.98 billion in 2021 and is anticipated to grow at a rate of 17.4% in terms of revenue during the forecast period. Border conflicts and geopolitical unrest are on the rise, as are demands for automation in the security industry, the adoption of robots in surveillance applications, and the expanding use of unmanned solutions by various armed forces. These factors are propelling the growth of the security robot market.

The latest report is the most recent study that offers 360° coverage of the Security Robot industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Security Robot market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

 

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Competitive Outlook: The leading companies operating in the Security Robot market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Security Robot Market and Profiled in the Report are:

AeroVironment, Inc., Lockheed Martin Corporation, Ava Robotics Inc., Leonardo S.p.A., SMP Robotics, Thales, BAE Systems, Boston Dynamics, Knightscope, Inc., and Northrop Grumman Corporation

Objectives of the Report:

Study of the global Security Robot market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Security Robot market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Security Robot market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Security Robot market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Type Outlook (Revenue, USD Billion; 2019-2030)

    • Ground Robots
    • Aerial Robots
    • Underwater Robots
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Spying
    • Demining
    • Patrolling & Surveillance
    • Firefighting
    • Others
  • Component Outlook (Revenue, USD Billion; 2019-2030)

    • Hardware
    • Software
    • Services

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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