Global Security Robot Market by Type of End-User, Application and Geography (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Security Robot Market - Segmented by Type of Robot End User, Application, and Geography - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the global security robot market was valued at USD 1.93 billion. The market is expected to register a CAGR of about 7.93% during 2018-2023 (the forecast period).
Developments, like K5 by Knightscope, are indicating a potential for security robots. Earlier, these robots had insufficient capabilities, but with the improvements in sensor technology and automation capabilities, these robots have been developed to be useful in practical applications.
The development and enhancements of neural network technology have also given these robots the capability to learn over time and improve their functionality. The inclusion of different sensors has improved the capabilities of robots in analyzing their environment and providing more reliable data. This factor has significantly benefitted their incorporation in military devices.
In addition, the remote sensing abilities provided by these robots (due to the inclusion of wireless sensors) are expected to boost their utilization in residential and commercial applications.
Key HighlightsIncreasing Usage of Robots in Security & Surveillance Applications is Driving the Market Spying Application is Accelerating Market Growth North America is Dominating the Market Landscape
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
5. Global Security Robot Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Market
Companies ProfiledLockheed Martin Corporation Northrop Grumman Corporation Thales SA BAE Systems PLC Elbit Systems Limited Leonardo SPA Aerovironment Inc. Knight Scope DJI SMP Robotics Boston Dynamics Cobham Kongsberg Group Qinetiq RoboTex Recon Robotics
For more information about this report visit https://www.researchandmarkets.com/research/q7t7pj/global_security?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005436/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SECURITY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/18/2018 07:44 AM/DISC: 12/18/2018 07:44 AM