The Worldwide Security Robots Market is Projected to reach USD 74.5 Billion by 2028, at a CAGR of 15.5%
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Security Robots Market Growth, Trends and Report Highlights
According to a new report, published by KBV research, The Global Security Robots Market size is expected to reach $74.5 billion by 2028, rising at a market growth of 15.5% CAGR during the forecast period.
The Unmanned Ground Vehicle segment is showcasing CAGR of 15.6% during (2022 - 2028). In the military, the UGV has long been utilized to complete jobs when having a human on board would be either physically impossible or dangerous. These consist of defusing bombs, deep-sea diving, and exploring confined or hazardous spaces (small pipes, walls, or even volcanoes).
The Defense & Military segment acquired maximum revenue share in the Global Security Robots Market by End User in 2021 thereby, achieving a market value of $43.5 billion by 2028. This is primarily due to the fact that more nations have begun to recognize the potential importance of UAVs, which has increased military research and financing for the creation of new and sophisticated UAVs. A few of the main elements fueling the segment's rise include technological developments to enhance the functions and autonomous decision-making abilities of a robot for difficult remote activities.
The North America market dominated the Global Security Robots Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $31.5 billion by 2028. The Europe market is exhibiting a CAGR of 15% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 16.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/security-robots-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Thales Group S.A., Northrop Grumman Corporation, Leonardo SpA, Lockheed Martin Corporation, Cobham Limited (Eaton Corporation PLC), Kongsberg Group, Saab AB, BAE Systems PLC, Elbit Sytems Ltd., and QinetiQ Group PLC (The Carlyle Group).
Global Security Robots Market Segmentation
By Type
- Unmanned Aerial Vehicle
- Unmanned Ground Vehicle
- Unmanned Underwater Vehicle
By End User
- Defense & Military
- Commercial
- Residential
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Thales Group S.A.
- Northrop Grumman Corporation
- Leonardo SpA
- Lockheed Martin Corporation
- Cobham Limited (Eaton Corporation PLC)
- Kongsberg Group
- Saab AB
- BAE Systems PLC
- Elbit Sytems Ltd.
- QinetiQ Group PLC (The Carlyle Group)
Related Reports:
North America Security Robots Market Size & Forecast to 2028
- August-2022
- 74 Pages
LAMEA Security Robots Market Size, Trends & Growth to 2028
- August-2022
- 82 Pages
Europe Security Robots Market Size, Share & Forecast by 2028
- August-2022
- 82 Pages
Asia Pacific Security Robots Market Size, Share & Trend, 2028
- August-2022
- 82 Pages