The development of security robots have revolutionized the role of robots in the military & defense sector. Globally, the military and defense forces are increasingly using unmanned solutions owing to the benefits they offer such as quality and reliability. The global security robots market is anticipated to witness a CAGR of 8.6% during the forecasted period. In the last decade, the overall number of active conflicts have increased throughout the globe. For example, disputes in the South & East China and the European refugee crisis. Such kind of terrorist conflicts and geopolitical instabilities have led to the growing need for security robots.
Experts believe that the global security robots market has huge potentials for growth due to increasing terrorist capabilities and geopolitical capabilities. Apart from these factors, increase in defense expenditure by the developing regions and growing trend towards autonomous operations are also expected to offer exponential growth opportunities in the upcoming years. In 2015, China’s official defense spending was valued $114.2 billion which is comparatively low in terms of US defense spending. In 2016, the US expenditure on military robots is valued around $8 billion as compared to $5.8 billion in 2010. In the defense sector, such robotic systems are deployed for handling the dangerous objects and to enter directly into harm’s way to scout unfamiliar territory. In current scenario, security robots are also being used to deactivate bombs and that too while keeping their human operators at a safer distance. With appropriate cameras and sensors to perform diverse missions, mobile robots are operated remotely for scouting and relay back video images to an operator. These robotic systems can also help to meet the challenges posed by the spectrum of urban terrorism.
The various security robotic systems that are majorly demanded includes unmanned ground vehicles, unmanned aerial vehicles and unmanned underwater vehicles. Amongst them, unmanned aerial vehicles held the largest market share in the global security robots market. The unmanned aerial vehicles are being deployed worldwide by various countries as an effective measure against the terrorist attacks. Mostly, the term unmanned aerial vehicles is relatively associated with the US Air Force’s Predator or Global Hawk Aircraft. Currently, the US Department of Defense are majorly using unmanned aerial vehicle that can be remotely operated and capitalize on automation in extreme circumstances like a lost link condition to automatically perform a preprogrammed set of instructions. The US Department of Defense has allotted a budget of around $4467.6 million for unmanned aerial vehicles in 2016 in comparison to $408.6 million for unmanned underwater vehicles. Moreover, unmanned underwater vehicles have witnessed the highest growth rate as it finds its major applications in the defense sector to perform a plethora of operations such as sensor deployment, delivery of ammunition, mine countermeasure, anti-submarine warfare, explosive ordnance disposal and various others.
The geographical analysis of the global security robot market states the dominating North America region. Rising demand for advanced technology and weapons for overseas contingency operations including Syria, Iraq and Afghanistan has propelled the growth of this market in North America. The ongoing operations in Libya and Syria against terrorist outfits have encouraged the Unites States to use advanced technology based security robots. Asia Pacific is considered to be the fastest growing region during the forecasted period owing to the increase in investments for strengthening the surveillance and weapon guidance capabilities by Japan, China and India. Apart from it, increase in expenditure of governments to tackle terrorist attack, illegal immigration, infiltration and criminal activities are also influencing the growth of the security robots market in Asia Pacific.
The key players of the global security robots market include Northrop Grumman Corporation, BAE Systems PLC, Lockheed Martin Corporation, Elbit Systems Ltd., Mount View Company, Thales SA and various others. The various key strategies that have been majorly employed by the key players are innovations, mergers & acquisitions and various others. In 2014, Mount View Company launched Knightscope K5 which is majorly developed to detect crime by using a variety of sensors including thermal imaging sensors, video camera, air quality sensors, a laser ranger finder, radar and a microphone. In current scenario, it is deployed by various shopping malls, commercial offices and schools.