Security Robots Market – Overview
Security is considered paramount in certain structures and setups, and this need has led to the development of the security robots industry. Market Research Future, a firm which specializes in market reports related to semiconductor and electronics sector among others, recently published a report on this market. The sector is currently growing at a CAGR of more than 8.5%, and is expected to grow further at an exceptional rate.
New technologies in the AI sector have led to the evolvement to the Security Robots Market. Security robots market is developing at a gradual pace with these robots being deployed on campuses and offices to monitor the environment at a consistent pace. Demand for equipments that can effectively minimize the threat on life has been instrumental for the growth of this sector.
The prominent players in the market of Robot Security are Northrop Grumman Corp, Elbit Systems, Qinetiq Group PLC, Knightscope, Inc., Finmeccanica SPA, Aerovironment, Inc, Recon Robotics, DJI, Kongsberg Gruppen, BAE Systems PLC among others.
The global robot security market research report has been segmented on the basis of type, application, component and geography. Type of robot security includes- UGV (unmanned ground vehicles), UAV (unmanned aerial vehicles) and UUV (unmanned underwater vehicles). By application, the market has been further segmented into firefighting, spying, explosive detection, rescue operations, patrolling, transportation, demining and others. Components for robot security include controller systems, frames, sensors, navigation, camera systems, power systems and others.
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Detailed Regional Analysis
For the better understanding of the report, the market is segmented into North America, Europe, APAC, and Rest of the World (RoW). The MRFR analysis states that North America is dominating the market of robot security with more than 57% of market share followed by Europe region which holds near about 27% of market share. The main reason is that countries like US, Canada are developed and government of these countries pays very high interest to their defense and military. Asia Pacific has emerged as fastest growing market for Robot Security Market.
Latest Industry News:
Jan 2018 The Nimbo, based on Segway’s Robotics mobility platform, which uses the company’s gearbox, motor and battery but incorporates sensors and vision systems to enable some degree of autonomy. In adapting the platform for its purposes, robotic security firm Turing Video used Intel’s RealSense sensors to create a robot that can roll around autonomously collecting HD video of nefarious activity. The robot’s AI is able to detect humans and recognize when suspicious events are playing out, like people fighting, for example.
Jan 2018 The Indianapolis Motor Speedway this year has green lighted automated security robots. This week, the Sharp Intellos Automated Unmanned Ground Vehicle (A-UGV) was named the official security robot of the Indianapolis Motor Speedway. The first A-UGV, which is about the size of a small garden tractor, is expected to arrive at the Speedway in May, just in time to work the Grand Prix and Indianapolis 500. It will work at all major events at the Speedway.
Jan 2018 The San Francisco branch of the Society for the Prevention of Cruelty to Animals (SPCA) have deployed a Knightscope K5 security robot to patrol the streets near its building. The SPCA says the sidewalks around its center in the Mission District have become a camp for the city’s homeless population, which in turn has risen the criminal incidents in the area.
Dec 2017 RoboCop, a smart policing Robot, fully made in India by a Hyderabad based start-up, was today unveiled by Jayesh Ranjan, the Principal Secretary of Telangana state Information Technology department. The robot, whose beta version was launched by H-Bots Robotics, has the ability to walk, recognize people and surroundings, take complaints, detect mobs, identify suspects and interact with the people.
Mar 2017 Yves Béhar’s studio Fuseproject worked with robotics company Cobalt to create this robot security guard, designed to operate in offices and foyers, where it performs basic functions like scanning ID cards, but also uses its sensors to detect possible security threats. The makers stressed that the self-driving robot is intended to work alongside humans rather than replace them. With data gathered through its sensors and interpreted by advanced algorithms, Cobalt claims the robot will be able to detect and flag anomalies beyond what would be noticeable to a human guard.
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Global Competitive Analysis
With the entry of new industry players, a trend of solid growth has been observed in the market, with the addition of new and advanced products. Companies are aiming to gain & solidify their shares of the market segment, by competing and experimenting with various advantage points. The best long-term growth opportunity for this sector can be tapped by ensuring ongoing process improvements and financial flexibility to investing in the optimal strategies.
The industry players are gradually diversifying the market based on long lead demand trends. The main focus of this market currently is on R & D activities in the sector. The prominent players in the market of Robot Security are Northrop Grumman Corp, Elbit Systems, Qinetiq Group PLC, Knightscope, Inc., Finmeccanica SPA, Aerovironment Inc and Recon Robotics among others.
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