The North America Security Robots Market would witness market growth of 14.8% CAGR during the forecast period (2022-2028).
These machines have patience unlike humans and are persistent. They are less visible than people conducting equivalent surveillance tasks and can work around the clock. The development and emergence of technologies in robotics, artificial intelligence, and wireless communications have led to the evolution of security and surveillance solutions into a new generation of autonomous security robots.
Globally, these solutions have been steadily adopted by several enterprises. Security robots are widely used for monitoring, intrusion detection, and asset, property, and individual security. Additionally, it provides advantages like cost savings and greater staff specialization in security management. In order to enhance surveillance and security operations, many security robot businesses are testing self-driving robots.
For security robots, virtual and physical security robots are the two main categories. They can cover a big area on wheels and are fitted with various surveillance tools. On the other hand, virtual robots are AI algorithms that can detect malware and defend data and gadgets against it. Virtual security robots are useful for protecting common individuals from fraud as well as protecting the major organizations that rely on data collection.
The North American region is one of the leading region in the adoption of security robots as a result of the rise in the deployment of cutting-edge weapons and technology for foreign contingency operations. The region holds the top spot in terms of expenditure and technological breakthroughs and has a significant amount of security robot deployments. Robots used for security and surveillance are in great demand in the US. Recently, Canada invested significantly in the development of security robots.
The US market dominated the North America Security Robots Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $22,757.8 million by 2028. The Canada market is poised to grow at a CAGR of 17.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 16.4% during (2022 - 2028).
Based on Type, the market is segmented into Unmanned Aerial Vehicle, Unmanned Ground Vehicle and Unmanned Underwater Vehicle. Based on End User, the market is segmented into Defense & Military, Commercial, Residential and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Security Robots Market is Predict to reach $74.5 Billion by 2028, at a CAGR of 15.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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).
By Type
By End User
By Country
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