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Security Robots Market Report by Component (Propulsion System, Frames and Sensors, Camera Systems, Guidance and Navigation Control System, Power Systems, and Others), Type (Unmanned Ground Vehicle, Unmanned Aerial Vehicle, Autonomous Underwater Vehicle), Application (Spying, Patrolling, Explosive Detection, Rescue Operations, and Others), End User (Defense and Military, Residential, Commercial), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4647
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Market Overview:
The global security robots market size reached US$ 11.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29.9 Billion by 2032, exhibiting a growth rate (CAGR) of 11.3% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 11.1 Billion |
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Market Forecast in 2032
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US$ 29.9 Billion |
| Market Growth Rate 2024-2032 | 11.3% |
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.
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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.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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 2024-2032. 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
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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:
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- 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Component, Type, Application, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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, The Boeing Company |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global security robots market was valued at US$ 11.1 Billion in 2023.
We expect the global security robots market to exhibit a CAGR of 11.3% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of security robots to perform numerous security tasks, owing to the rising practice of social distancing among individuals for mitigating the transmission of the coronavirus infection.
The rising advancements in commercial security infrastructure, coupled with the growing demand for security robots to aid in reporting, investigating, detecting intruders, etc., are primarily driving the global security robots market.
Based on the component, the global security robots market has been segmented into propulsion system, frames and sensors, camera systems, guidance and navigation control system, power systems, and others. Currently, camera systems hold the majority of the total market share.
Based on the type, the global security robots market can be divided into unmanned ground vehicle, unmanned aerial vehicle, and autonomous underwater vehicle, where unmanned aerial vehicle currently exhibits a clear dominance in the market.
Based on the application, the global security robots market has been categorized into spying, patrolling, explosive detection, rescue operations, and others. Among these, patrolling currently accounts for the majority of the global market share.
Based on the end user, the global security robots market can be segregated into defense and military, residential, and commercial. Currently, the defense and military sector holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global security robots market include 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.
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