Security Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global security robots market size reached US$ 9.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.00% during 2022-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global security robots market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, type, application and end user.
Breakup by Component:
Propulsion System
Frames and Sensors
Camera Systems
Guidance and Navigation Control System
Power Systems
Others
Breakup by Type:
Unmanned Ground Vehicle
Unmanned Aerial Vehicle
Autonomous Underwater Vehicle
Breakup by Application:
Spying
Patrolling
Explosive Detection
Rescue Operations
Others
Breakup by End User:
Defense and Military
Residential
Commercial
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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
1. What was the size of the global security robots market in 2022?
2. What is the expected growth rate of the global security robots market during 2023-2028?
3. What has been the impact of COVID-19 on the global security robots market?
4. What are the key factors driving the global security robots market?
5. What is the breakup of the global security robots market based on the component?
6. What is the breakup of the global security robots market based on the type?
7. What is the breakup of the global security robots market based on application?
8. What is the breakup of the global security robots market based on the end user?
9. What are the key regions in the global security robots market?
10. Who are the key players/companies in the global security robots market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting 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
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 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
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