Lewes, DE -- (SBWire) -- 12/15/2017 --Report forecast the global surveillance robots market to grow at a CAGR of 12.31% during the period 2017-2021.
Surveillance robots are used to assist human guards in the defense and civil sectors. While human guards find it challenging to cover large territories and in assessing dangerous areas, surveillance robots, in the form of unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and unmanned marine vehicles (UMVs), are increasingly being adopted. Surveillance robots are able to capture images and videos and save them for a minimum of two weeks.
The report covers the present scenario and the growth prospects of the global surveillance robots market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in the market is miniaturization of sensors. A major factor that has had an impact on the growth of the global surveillance robots market is the miniaturization of sensors, which has led to a reduction in the cost of sensors and in turn of surveillance robots. Surveillance robots are mainly equipped with GPS, inertial, biomimetic, LiDAR, and ultrasound-based range sensors. With improvements in functionalities and features, surveillance robots are increasingly being equipped with thermal, hyperspectral, and multispectral sensors as well.
Further, the report states that one challenge in the market is high cost of deployment. As surveillance robots involve the use of sensors, software, and advanced technologies, they require a large initial one-time payment. Their average price can lie in the range of $25,000 - $200,000. The high cost of deploying them will be a major impediment to the growth of the global surveillance robots market. Also, significant costs are incurred in the modification of infrastructure and facilities. These costs appreciate contingent on factors such as customization and operational requirements, which vary as per the intended use of the platform.
Global Surveillance Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global surveillance robots market: ATLAS ELEKTRONIK, EOS Innovation, Endeavor Robotics, Northrop Grumman, and SMP Robotics.
Other Prominent Vendors in the market are: Aibotix, AirRobot, Frontline Robotics, Gama2Robotics, GeckoSystems, Guangzhou Walkera Technology, HANGZHOU HIKROBOT TECHNOLOGY, Hoyarobot, Knightscope, MoviRobotics, OC Robotics, Omnitech Robotics, Proytecsa, Robosoft, Roboteam, RoboteX, Robotnik, Rotundus, Rtb-group, taurob, TECDRON, Technobots, Transcend Robotics, Vecna Technologies, and WM Robots.
Market driver
- Miniaturization of sensors
- For a full, detailed list, view our report
Market challenge
- High cost of deployment
- For a full, detailed list, view our report
Market trend
- Emergence of hybrid UMV systems
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 70 pages "Global Surveillance Robots Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Segmentation By Product, Geographical Segmentation, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Key Vendor Analysis, Appendix.
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Global Surveillance Robots Market to Grow at a CAGR of 12.31% During the Period 2017 - 2021; Finds New Report
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