Security Robots Market - Forecast to 2022

The global security robots market is in its growing phase, it is expected to reach USD 2.36 billion by 2022, at a CAGR of 8.56 % between 2016 and 2022. Rising geopolitical instabilities and territorial conflicts and increasing adoption of unmanned solutions by different military and defense forces are the major drivers for the global security robots market.
“Unmanned underwater vehicles (UUVs) to grow at the highest CAGR during the forecast period”
The market for UUVs is expected to grow at the highest CAGR during the forecast period. Different navy agencies such as the US and Canadian naval agencies are preparing to upgrade their undersea warfare by deploying UUVs such as autonomous underwater vehicles (AUV) for a wide range of missions, including mine counter measure, harbor security, and search and salvage operations. This is driving the demand for UUVs.
“Spying applications estimated to have the largest share of the security robots market during the forecast period”
Spying is the most important strategy in the modern warfare, which enable the defense forces to generate battlefield intelligence and thus, have an edge over the opposition. Security robots such as UAVs are used extensively by the US Army and NATO alliances to keep a watch on the militants and their activities in the regions affected by the extremist organizations.
“North America expected to have the largest share of the global security robots market during the forecast period”
The major driver for the security robots market in North America is the increasing use of advanced weapons and technology in the region for overseas contingency operations such as Afghanistan, Syria, and Iraq. The market in APAC is estimated to grow at the highest CAGR during the forecast period. Increasing defense budgets in the developing countries of APAC is a major factor contributing to the growth of the security robots market in this region.
Breakdown of profile of primary participants:
‧ By company– tier 1: 20%, tier 2: 50%, and tier 3: 30%
‧ By designation– C-level executives: 10%, directors: 40%, and others: 50%
‧ By Region– North America: 60%, Europe: 25%, APAC: 10%, and RoW: 5%
Humanoids are one of the new advancements in the security robots market. Humanoids are being developed and used for military applications as they have remarkable mobility, agility, and dexterity speed. They can operate in any terrain and can be being sent in dangerous disaster zones, which are impossible for humans to enter.
The companies profiled in this report include the Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), Thales SA (France), BAE Systems Plc (U.K.), Elbit Systems Ltd. (Israel), Finmeccanica, Inc. (Italy), Aerovironment, Inc. (U.S.), Knightscope (U.S.), DJI (China), Recon Robotics (U.S.), Boston Dynamics (U.S.), Cobham (U.K.), Kongsberg Gruppen (Norway), Qinetiq (U.K.), and iRobot Corporation (U.S.).
Reasons to buy the report:
‧ This report includes the market statistics pertaining to the environment, systems, and geography, along with their respective revenue.
‧ The Porter’s five forces framework has been utilized, along with the value chain analysis, to provide an in-depth insight into the global security robots market.
‧ Major drivers, restraints, challenges, and opportunities for the market have been detailed in this report.
‧ Illustrative segmentation, analysis, and forecast for the market based on type, component, vertical, and geography have been conducted to give an overall view of the global security robots market.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Breakdown of primaries 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 23
2.4 RESEARCH ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE SECURITY ROBOTS MARKET 29
4.2 SECURITY ROBOTS MARKET IN APAC TO SHOW PROMINENT GROWTH DURING THE FORECAST PERIOD: 2016-2022 30
4.3 GLOBAL SECURITY ROBOTS MARKET, SEGMENT-WISE MARKET SHARE: 2015 31
4.4 GLOBAL SECURITY ROBOTS MARKET, BY APPLICATION 31
4.5 GLOBAL SECURITY ROBOTS MARKET, BY TYPE 32
5 MARKET OVERVIEW 33
5.1 MARKET SEGMENTATION 34
5.1.1 BY TYPE 34
5.1.2 BY COMPONENT 34
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5.1.3 BY APPLICATION 35
5.1.4 BY GEOGRAPHY 36
5.2 MARKET DYNAMICS 37
5.2.1 DRIVERS 38
5.2.1.1 Rising geopolitical instabilities and territorial conflicts 38
5.2.1.2 Increasing adoption of unmanned system solutions by different military and defense forces 38
5.2.2 RESTRAINTS 40
5.2.2.1 Stringent regulatory environment in different regions 40
5.2.3 OPPORTUNITIES 41
5.2.3.1 Increase in defense spending by the developing economies 41
5.2.3.2 Rising trend of autonomous operations 41
5.2.4 CHALLENGES 43
5.2.4.1 Development of high-quality and reliable solutions 43
6 INDUSTRY TRENDS 44
6.1 VALUE CHAIN ANALYSIS 44
6.2 PORTERS FIVE FORCE ANALYSIS 45
6.2.1 THREAT OF NEW ENTRANTS 47
6.2.2 THREAT OF SUBSTITUTES 48
6.2.3 BARGAINING POWER OF SUPPLIERS 49
6.2.4 BARGAINING POWER OF THE BUYERS 50
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 51
7 SECURITY ROBOTS MARKET, BY TYPE 52
7.1 INTRODUCTION 53
7.2 UNMANNED AERIAL VEHICLES (UAV) 54
7.2.1 ARMED UNMANNED AERIAL VEHICLES 54
7.2.2 UNARMED UNMANNED AERIAL VEHICLES 55
7.3 UNMANNED GROUND VEHICLES (UGV) 56
7.3.1 HUMANOIDS 57
7.3.2 CONVENTIONAL UNMANNED GROUND VEHICLES 57
7.4 UNMANNED UNDERWATER VEHICLES (UUV) 59
7.4.1 AUTONOMOUS UNDERWATER VEHICLES (AUV) 59
7.4.2 REMOTELY OPERATED UNDERWATER VEHICLES (ROV) 59
8 SECURITY ROBOTS MARKET, BY APPLICATION 61
8.1 INTRODUCTION 62
8.2 SPYING 63
8.3 EXPLOSIVE DETECTION 66
8.4 FIREFIGHTING 69
8.5 DEMINING 72
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8.6 RESCUE OPERATIONS 75
8.7 TRANSPORTATION 78
8.8 PATROLLING 81
9 SECURITY ROBOTS MARKET, BY COMPONENT 85
9.1 INTRODUCTION 86
9.2 FRAMES 87
9.3 SENSORS 87
9.3.1 MOTION SENSORS 87
9.3.2 LIGHT SENSORS 87
9.3.3 PROXIMITY SENSORS 88
9.3.4 TEMPERATURE SENSORS 88
9.3.5 POSITION SENSORS 88
9.3.6 OTHERS 88
9.4 CONTROLLER SYSTEMS 89
9.5 CAMERA SYSTEMS 89
9.5.1 CCTVS 89
9.5.2 INFRARED CAMERAS 89
9.5.3 THERMAL CAMERAS 90
9.5.4 MULTISPECTRAL CAMERAS 90
9.5.5 OTHERS 90
9.6 NAVIGATION SYSTEMS 91
9.6.1 GLOBAL POSITIONING SYSTEMS (GPS) 91
9.6.2 GEOGRAPHIC INFORMATION SYSTEMS (GIS) 91
9.7 POWER SYSTEMS 91
9.8 OTHERS 92
10 SECURITY ROBOTS MARKET, BY GEOGRAPHY 93
10.1 INTRODUCTION 94
10.2 NORTH AMERICA 95
10.2.1 U.S. 97
10.2.1.1 Adoption of advanced unmanned vehicle systems by the US army for use in the ongoing operations against ISIS in Syria and Libya 97
10.2.2 CANADA 98
10.2.2.1 Deployment of security robots to keep a check on human trafficking, smuggling, and illegal migration across the international borders 98
10.2.3 MEXICO 98
10.2.3.1 The Mexican government to modernize and replace its military infrastructure 98
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10.3 EUROPE 99
10.3.1 U.K. 101
10.3.2 FRANCE 102
10.3.2.1 Focusing on improving its surveillance and intelligence units through the use of unmanned vehicles following the recent terrorist attacks 102
10.3.3 GERMANY 102
10.3.3.1 Several opportunities for the security robots market in Germany with its defense budget set to rise by 6% between 2015 and 2019 102
10.3.4 ITALY 103
10.3.4.1 Italy to upgrade its UAVs and other security robots to counter the security concerns such as immigrants and ISIS threats 103
10.3.5 SPAIN 103
10.3.6 REST OF EUROPE 103
10.4 APAC 104
10.4.1 CHINA 106
10.4.1.1 China focused on modernization programs to produce technologically advanced security robots 106
10.4.2 JAPAN 107
10.4.2.1 Japan focused on maintaining its technological leadership in developing security robots in APAC 107
10.4.3 INDIA 107
10.4.3.1 Frequent terrorist attacks and border disputes with neighbouring countries would boost the demand for security robots in India 107
10.4.4 SOUTH KOREA 108
10.4.4.1 South Korea to develop its security robots capabilities to guard against the aggression of North Korea 108
10.4.5 REST OF APAC 108
10.5 ROW 109
10.5.1 SOUTH AMERICA 109
10.5.2 MIDDLE EAST AND AFRICA 110
11 COMPETITIVE LANDSCAPE 111
11.1 OVERVIEW 111
11.2 SECURITY ROBOTS MARKET: RANKING OF KEY PLAYERS 112
11.3 COMPETITIVE SITUATION AND TRENDS 113
11.3.1 CONTRACTS & AGREEMENTS 115
11.3.2 NEW PRODUCT LAUNCHES 118
11.3.3 PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES 120
11.3.4 ACQUISITIONS 121
11.3.5 OTHERS (EXPANSIONS, AWARDS, AND PATENTS) 122
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12 COMPANY PROFILES 123
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 123
12.2 LOCKHEED MARTIN CORP. 124
12.3 NORTHROP GRUMMAN CORP. 127
12.4 BAE SYSTEMS PLC 131
12.5 THALES SA 133
12.6 ELBIT SYSTEMS 137
12.7 IROBOT CORP. 140
12.8 QINETIQ GROUP PLC 143
12.9 FINMECCANICA SPA 146
12.10 AEROVIRONMENT, INC. 149
12.11 KNIGHTSCOPE, INC. 152
12.12 RECON ROBOTICS 153
12.13 DJI 154
12.14 BOSTON DYNAMICS 156
12.15 KONGSBERG GRUPPEN 158
12.16 COBHAM PLC 160
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
13 APPENDIX 162
13.1 DISCUSSION GUIDE 162
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 165
13.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 167
13.4 AVAILABLE CUSTOMIZATIONS 169
13.5 RELATED REPORTS 169