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Security Robot Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

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The “Security Robot Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Security Robot Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Security Robot market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Security Robot Market Are:

  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Thales SA
  • BAE Systems PLC
  • Elbit Systems Limited
  • Leonardo SPA
  • Aerovironment Inc.
  • Knight Scope, Inc.
  • SZ DJI Technology Co., Ltd
  • SMP Robotics
  • Boston Dynamics Inc.
  • Cobham PLC
  • Kongsberg Gruppen
  • Qinetiq Group PLC company
  • RoboTex Inc.
  • Recon Robotics Inc.

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    Market Overview:

  • The market was valued at USD 2.106 billion in 2018 and is expected to reach USD 3.33 billion by 2024, at a CAGR of 7.93% over the forecast period (2019-2024). The inclusion of different sensors has also improved the capabilities of robots in analyzing their environment and providing more reliable data. This has significantly benefitted their incorporation in military devices.
  • Robots are moving steadily into the surveillance market, to patrol shopping malls, parking lots, college campuses, and other public areas. Surveillance robots are mainly equipped with inertial, GPS, LiDAR, biomimetic, and ultrasound-based range sensors.
  • Robots built by leading manufacturers are at aritical risk of being hacked and pose a severe threat to people and property.
  • In addition, the remote sensing abilities provided by these robots (owing to the inclusion of wireless sensors) are also expected to result in the growth of their residential and commercial applications.

    Scope of the Report:

  • Security robots are designed to replace patrolling security guards and to provide mobile CCTV monitoring. A security robot moves around a restricted area automatically, without direct operator supervision. Images from its built-in cameras are transmitted to the security station.

    Security Robot Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Security Robot market?
    • What are the key market trends impacting the growth of the global Security Robot market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Security Robot market?
    • What are the market opportunities and threats faced by the vendors in the global Security Robot market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Security Robot market?

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    Key Market Trends:

    Commercial End-User Industry Expected to Hold Significant Share

    Commercial enterprises and related business account for a massive portion of the economy, with the prosperous industry boasting huge budgets to spend on enhancing security. Thus, security robots in this sector offer an appealing and quantifiable value proposition.
    While billions of dollars are being spent on R&D in autonomous vehicles, indoor robots for commercial spaces reap the technology and cost benefits on sensors, computing, machine learning, and open-source software. With the increase in the budget for commercial security spending and availability of a largely untapped market, the security robots sector is anticipated to grow at a significant pace.
    The trend of indoor robots is gaining wide popularity in the market, with their diverse range of applications across different sectors, such as offices and hospitals, among others.
    Robots have the potential to deliver a range of safety and commercial benefits, and the companies in the market are developing novel robotic systems for specific applications

    United States Account for the Largest Share

    Over the past decade, the number of active conflicts has increased throughout the country, along with an increase in terrorist attacks in public places and schools. These geopolitical instabilities and territorial conflicts have resulted in the growing need for security robots in the country over the forecast period. Owing to an increase in terrorist activities, the increase in security concerns across the country is also expected to drive the demand for security service robots in this region.
    Unmanned aerial vehicles (UAVs) are finding a way into defense forces in the country, for a plethora of operations, such as sensor deployment, delivery of ammunition, mine countermeasure, explosive ordnance disposal, intelligence, surveillance, and reconnaissance and anti-submarine warfare, among others.
    Warrior robots and drones are yet to hit the US market and are yet to make their way into the tactics and strategy of the US army. However, it was reported that the US army spent USD 521 million on robotics in 2017, of which 79 % was spent on aerial drones. Only USD 20.6 million was spent on the purchase of unmanned ground vehicles in 2017, almost all of the remaining amount was spent on UGVs, in order to clear mines and roadside bombs. Further, USD 91.4 million was spent on R&D — and 40 %of the amount was spent on mine clearance.
    The Marine Corps is already testing a tracked robot outfitted with sensors and cameras, and armed with an M240 machine gun. Commercialization of this robot is expected to further increase the demand for security robots in this country.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Security Robot Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Security Robot .

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    Report Objectives:

    • Analyzing the size of the Security Robot market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Security Robot market.
    • Determining the key dynamics of the Security Robot market.
    • Highlighting significant trends of the Security Robot market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Security Robot market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Security Robot market.

    Detailed TOC of Security Robot Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Usage of Robots In Security And Surveillance Applications
    4.3.2 Rising Safety Concerns
    4.4 Market Restraints
    4.4.1 Rising Concern Of Privacy And Intrusion
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness Porters Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type Of Robot
    5.1.1 Unmanned Aerial Vehicles
    5.1.2 Unmanned Ground Vehicles
    5.1.3 Autonomous Underwater Vehicles
    5.2 By End-User Industry
    5.2.1 Defense and Military
    5.2.2 Residential
    5.2.3 Commercial
    5.3 By Application
    5.3.1 Spying
    5.3.2 Explosive Detection
    5.3.3 Patrolling
    5.3.4 Rescue Operations
    5.3.5 Other Applications
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 South Korea
    5.4.3.5 Rest of Asia-Pacific
    5.4.4 Latin America
    5.4.4.1 Brazil
    5.4.4.2 Mexico
    5.4.4.3 Rest of Latin America
    5.4.5 Middle East and Africa
    5.4.5.1 UAE
    5.4.5.2 Saudi Arabia
    5.4.5.3 South Africa
    5.4.5.4 Rest of Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Lockheed Martin Corporation
    6.1.2 Northrop Grumman Corporation
    6.1.3 Thales SA
    6.1.4 BAE Systems PLC
    6.1.5 Elbit Systems Limited
    6.1.6 Leonardo SPA
    6.1.7 Aerovironment Inc.
    6.1.8 Knight Scope, Inc.
    6.1.9 SZ DJI Technology Co., Ltd
    6.1.10 SMP Robotics
    6.1.11 Boston Dynamics Inc.
    6.1.12 Cobham PLC
    6.1.13 Kongsberg Gruppen
    6.1.14 Qinetiq Group PLC company
    6.1.15 RoboTex Inc.
    6.1.16 Recon Robotics Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Name: Ajay More

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