Global Security and Law Enforcement Robots Market 2020-2024
Technavio has been monitoring the security and law enforcement robots market and it is poised to grow by USD 2.50 bn during 2020-2024 progressing at a CAGR of 19% during the forecast period. Our reports on security and law enforcement robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the easy availability of electronic components, impeccability of security and law enforcement robots over traditional security systems and need for security and law enforcement systems. In addition, easy availability of electronic components is anticipated to boost the growth of the market as well.
The security and law enforcement robots market analysis include application segment and geographical landscapes
Technavio's security and law enforcement robots market is segmented as below:
- Unmanned logistics
- Border patrolling and bomb detection
- Law enforcement
By Geographic Landscapes
- North America
- South America
This study identifies the adoption of drones as one of the prime reasons driving the security and law enforcement robots market growth during the next few years. Also, robots with advanced features in law enforcement and weaponized security robots will lead to sizable demand in the market
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our security and law enforcement robots market covers the following areas:
- Security and law enforcement robots market sizing
- Security and law enforcement robots market forecast
- Security and law enforcement robots market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security and law enforcement robots market vendors that include Boston Dynamics Inc., Cobalt Robotics Inc., FLIR Systems Inc., Knightscope Inc., Kongsberg Gruppen ASA, Lockheed Martin Corp., Northrop Grumman Corp., Percepto, SMP Robotics Systems Corp., and SuperDroid Robots Inc.. Also, the security and law enforcement robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.