Robots are now a staple in all aspects of security. These intelligent, autonomous devices can identify problems that go unnoticed by humans, track people and assets, patrol physical areas or record data. They are being used in commercial and civil applications to perform various tasks, such as asset protection, detection of intrusions, and reporting. These systems can be deployed in a wide variety of environments, such as offices, hospitals, schools, malls, and other public places. Security robots are becoming increasingly popular in shopping malls, office buildings, and public spaces, but their data collection capabilities raise privacy concerns. These robots can scan an area using cameras, LiDAR, and optional thermal imaging, and then look for wireless devices like mobile phones. These capabilities are similar to those of a human police officer, however, they also collect far more information than a human can.

Market Dynamics:

The demand for robotic solutions for the surveillance, security, and inspection of assets, property, and people is likely to drive growth of security robot market, as a result of the increased use of AI and robotics, which have improved the effectiveness and efficiency of robots for security purposes. The technology offers a range of benefits, including cost savings and improved personnel specialization.

However, requirement of high-level expertise, and unreliability of security robots in terms of defense applications are some of the factors anticipated to hinder growth of the global security robot market during the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global security robot market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global security robot market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Recon Robotics Inc., Lockheed Martin Corporation, RoboTex Inc., Northrop Grumman Corporation, QinetiQ, Thales SA, Kongsberg Gruppen, BAE Systems PLC, FLIR Systems Inc., Elbit Systems Limited, Boston Dynamics Inc., Leonardo SpA, SMP Robotics, AeroVironment Inc., DJI, and Knight Scope
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global security robot market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global security robot market

Detailed Segmentation:

• Global Security Robot Market, By Type of Robot
  • Unmanned Aerial Vehicle
  • Unmanned Ground Vehicle
  • Autonomous Underwater Vehicle
• Global Security Robot Market, By End User Industry
  • Defense and Military
  • Residential
  • Commercial
• Global Security Robot Market, By Application
  • Spying
  • Explosive Detection
  • Patrolling
  • Rescue Operation
  • Other Types of Applications
• Global Security Robot Market, By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Thales SA
  • BAE Systems PLC
  • Elbit Systems Limited
  • Leonardo SpA
  • AeroVironment Inc.
  • Knight Scope
  • DJI
  • SMP Robotics
  • Boston Dynamics Inc.
  • FLIR Systems Inc.
  • Kongsberg Gruppen
  • QinetiQ
  • RoboTex Inc.
  • Recon Robotics Inc.