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The global security robots market was valued at US$ 8.7 Billion in 2021.
We expect the global security robots market to exhibit a CAGR of 14.1% during 2022-2027.
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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