Security Robots Market Overview
The global Security Robots market is expected to rise at a considerable rate in the estimated period. The market for security robots is predicted to develop due to the rising demand for autonomous systems in security and surveillance, as well as the increasing usage of smart security and surveillance equipment. Throughout the world, there has been a great deal of anxiety about safety. This issue is addressed by smart security systems placed in large commercial applications as well as residential and other indoor applications. The market is being driven by rising geopolitical instabilities and territorial disputes, as well as the increased deployment of unmanned solutions by various military and defence forces throughout the world.
On the negative side, the high total cost of ownership of security robot systems is limiting the growth of the market to some extent. On the other side, the security industry is currently dealing with issues such as a lack of training, high turnover, and low wages. Companies are using security robots to address this concern, which is offering significant development prospects for the security robots market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Component, Environment, Type, Application, Industry Vertical, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Aerovironment, Inc., BAE Systems PLC, Boston Dynamics, Cobham PLC, Elbit Systems Ltd., Knight Scope, Liquid Robotics, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Omron Adept Mobile Robots LLC, Qinetic Group PLC, Robot Security Systems, SMP Robotic Systems Corp., Thales Group. |
Covid-19 Impact on Security Robots Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Security Robots Market Segment Overview
Based on Component, the Hardware is one of the largest segments in the global Security Robots market. Moreover, Software is another major segment in the market and is anticipated to show sustainable growth in the forecast period. This is because of exponential growth in robotics as a service (RaaS). Similarly, demand for advanced software platforms for effortless integration between robots and humans is estimated to upsurge in the forecast period. Based on Application, the Patrolling and Surveillance segment held the largest revenue share, while, spying is anticipated to enlarge at a higher CAGR during the forecast period due to rising demand from defense sector.
Security Robots Market, By Component
· Hardware
· Software
· Services
Security Robots Market, By Environment
· Indoor
· Outdoor
Security Robots Market, By Type
· Ground Robots
· Aerial Robots
· Others
Security Robots Market, By Application
· Demining
· Explosive Detection
· Firefighting
· Patrolling & Surveillance
· Rescuing Operations
· Spying
· Others
Security Robots Market, By Industry Vertical
· Chemical & Mining
· Defense & Aerospace
· Entertainment & Leisure Venues
· Oil & Gas
· Manufacturing
· Others
Security Robots Regional Overview
Region-Wise, North America held the largest share in the global security robots market. Similarly, Asia Pacific is anticipated to witness the fastest growth during the forecast period. Countries such as China, Japan, and South Korea are estimated to be at the forefront of security robots adoption owing to augmented technological investment in the region. The security robots market is still in its early stages, and only a few companies have been able to establish themselves as market leaders. During the projected period, however, a large number of new players from various geographies are expected to enter the market.
Security Robots Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Security Robots Market, Key Players
· Aerovironment, Inc.
· BAE Systems PLC
· Boston Dynamics
· Cobham PLC
· Elbit Systems Ltd.
· Knight Scope
· Liquid Robotics, Inc.
· Lockheed Martin Corporation
· Northrop Grumman Corporation
· Omron Adept Mobile Robots LLC
· Qinetic Group PLC
· Robot Security Systems
· SMP Robotic Systems Corp.
· Thales Group
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Security Robots market?
The market is being driven by rising geopolitical instabilities and territorial disputes, as well as the increased deployment of unmanned solutions by various military and defence forces throughout the world.
Q2. What are the restraining factors for the Security Robots market?
High total cost of ownership of security robot systems is limiting the growth of the market to some extent.
Q3. Which segment is projected to hold the largest share in the Security Robots Market?
The hardware segment is projected to hold the largest share in the Security Robots Market
Q4. Which region holds the largest share in the Security Robots market?
North America held the largest share in the global Security Robots market
Q5. Which are the prominent players in the Security Robots Market?
Aerovironment, Inc., BAE Systems PLC, Boston Dynamics, Cobham PLC, Elbit Systems Ltd., Knight Scope, Liquid Robotics, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Omron Adept Mobile Robots LLC, Qinetic Group PLC, Robot Security Systems, SMP Robotic Systems Corp., Thales Group. are some key players in the Security Robots Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Security Robots Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Component
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
- 5.3. Market Analysis, Insights and Forecast – By Environment
- 5.3.1. Indoor
- 5.3.2. Outdoor
- 5.4. Market Analysis, Insights and Forecast – By Type
- 5.4.1. Ground Robots
- 5.4.2. Aerial Robots
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast – By Application
- 5.5.1. Demining
- 5.5.2. Explosive Detection
- 5.5.3. Firefighting
- 5.5.4. Patrolling & Surveillance
- 5.5.5. Rescuing Operations
- 5.5.6. Spying
- 5.5.7. Others
- 5.6. Market Analysis, Insights and Forecast – By Industry Vertical
- 5.6.1. Chemical & Mining
- 5.6.2. Defense & Aerospace
- 5.6.3. Entertainment & Leisure Venues
- 5.6.4. Oil & Gas
- 5.6.5. Manufacturing
- 5.6.6. Others
- 5.7. Market Analysis, Insights and Forecast – By Region
- 5.7.1. North America
- 5.7.2. Europe
- 5.7.3. Asia Pacific
- 5.7.4. Latin America, Middle East and Africa
6. North America Security Robots Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Component
- 6.2.1. Hardware
- 6.2.2. Software
- 6.2.3. Services
- 6.3. Market Analysis, Insights and Forecast – By Environment
- 6.3.1. Indoor
- 6.3.2. Outdoor
- 6.4. Market Analysis, Insights and Forecast – By Type
- 6.4.1. Ground Robots
- 6.4.2. Aerial Robots
- 6.4.3. Others
- 6.5. Market Analysis, Insights and Forecast – By Application
- 6.5.1. Demining
- 6.5.2. Explosive Detection
- 6.5.3. Firefighting
- 6.5.4. Patrolling & Surveillance
- 6.5.5. Rescuing Operations
- 6.5.6. Spying
- 6.5.7. Others
- 6.6. Market Analysis, Insights and Forecast – By Industry Vertical
- 6.6.1. Chemical & Mining
- 6.6.2. Defense & Aerospace
- 6.6.3. Entertainment & Leisure Venues
- 6.6.4. Oil & Gas
- 6.6.5. Manufacturing
- 6.6.6. Others
- 6.7. Market Analysis, Insights and Forecast – By Country
- 6.7.1. U.S.
- 6.7.2. Canada
7. Europe Security Robots Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Component
- 7.2.1. Hardware
- 7.2.2. Software
- 7.2.3. Services
- 7.3. Market Analysis, Insights and Forecast – By Environment
- 7.3.1. Indoor
- 7.3.2. Outdoor
- 7.4. Market Analysis, Insights and Forecast – By Type
- 7.4.1. Ground Robots
- 7.4.2. Aerial Robots
- 7.4.3. Others
- 7.5. Market Analysis, Insights and Forecast – By Application
- 7.5.1. Demining
- 7.5.2. Explosive Detection
- 7.5.3. Firefighting
- 7.5.4. Patrolling & Surveillance
- 7.5.5. Rescuing Operations
- 7.5.6. Spying
- 7.5.7. Others
- 7.6. Market Analysis, Insights and Forecast – By Industry Vertical
- 7.6.1. Chemical & Mining
- 7.6.2. Defense & Aerospace
- 7.6.3. Entertainment & Leisure Venues
- 7.6.4. Oil & Gas
- 7.6.5. Manufacturing
- 7.6.6. Others
- 7.7. Market Analysis, Insights and Forecast – By Country
- 7.7.1. UK
- 7.7.2. Germany
- 7.7.3. France
- 7.7.4. Italy
- 7.7.5. Spain
- 7.7.6. Russia
- 7.7.7. Rest of Europe
8. Asia Pacific Security Robots Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Component
- 8.2.1. Hardware
- 8.2.2. Software
- 8.2.3. Services
- 8.3. Market Analysis, Insights and Forecast – By Environment
- 8.3.1. Indoor
- 8.3.2. Outdoor
- 8.4. Market Analysis, Insights and Forecast – By Type
- 8.4.1. Ground Robots
- 8.4.2. Aerial Robots
- 8.4.3. Others
- 8.5. Market Analysis, Insights and Forecast – By Application
- 8.5.1. Demining
- 8.5.2. Explosive Detection
- 8.5.3. Firefighting
- 8.5.4. Patrolling & Surveillance
- 8.5.5. Rescuing Operations
- 8.5.6. Spying
- 8.5.7. Others
- 8.6. Market Analysis, Insights and Forecast – By Industry Vertical
- 8.6.1. Chemical & Mining
- 8.6.2. Defense & Aerospace
- 8.6.3. Entertainment & Leisure Venues
- 8.6.4. Oil & Gas
- 8.6.5. Manufacturing
- 8.6.6. Others
- 8.7. Market Analysis, Insights and Forecast – By Country
- 8.7.1. China
- 8.7.2. India
- 8.7.3. Japan
- 8.7.4. Australia
- 8.7.5. South East Asia
- 8.7.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Security Robots Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Component
- 9.2.1. Hardware
- 9.2.2. Software
- 9.2.3. Services
- 9.3. Market Analysis, Insights and Forecast – By Environment
- 9.3.1. Indoor
- 9.3.2. Outdoor
- 9.4. Market Analysis, Insights and Forecast – By Type
- 9.4.1. Ground Robots
- 9.4.2. Aerial Robots
- 9.4.3. Others
- 9.5. Market Analysis, Insights and Forecast – By Application
- 9.5.1. Demining
- 9.5.2. Explosive Detection
- 9.5.3. Firefighting
- 9.5.4. Patrolling & Surveillance
- 9.5.5. Rescuing Operations
- 9.5.6. Spying
- 9.5.7. Others
- 9.6. Market Analysis, Insights and Forecast – By Industry Vertical
- 9.6.1. Chemical & Mining
- 9.6.2. Defense & Aerospace
- 9.6.3. Entertainment & Leisure Venues
- 9.6.4. Oil & Gas
- 9.6.5. Manufacturing
- 9.6.6. Others
- 9.7. Market Analysis, Insights and Forecast – By Country
- 9.7.1. Brazil
- 9.7.2. Saudi Arabia
- 9.7.3. UAE
- 9.7.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Aerovironment, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. BAE Systems PLC
- 10.6. Boston Dynamics
- 10.7. Cobham PLC
- 10.8. Elbit Systems Ltd.
- 10.9. Knight Scope
- 10.10. Liquid Robotics, Inc.
- 10.11. Lockheed Martin Corporation
- 10.12. Northrop Grumman Corporation
- 10.13. Omron Adept Mobile Robots LLC
- 10.14. Qinetic Group PLC
- 10.15. Robot Security Systems
- 10.16. SMP Robotic Systems Corp.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
