According to the global security and law enforcement robots market research report released by Technavio, the market is expected to accelerate at a CAGR of more than 15% during the forecast period. The easy availability of electronic components is one of the key drivers for the security and law enforcement robots market.
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According to the global security and law enforcement robots research report by Technavio, the market is set to post a CAGR of over 15% until 2021. (Graphic: Business Wire)
This research report titled 'Global Security and Law Enforcement Robots Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The global security and law enforcement robots market analysis categorizes the market into the following applications:
- Unmanned logistics
- Border patrolling and bomb detection
- Law enforcement
In 2016, the unmanned logistics segment accounted for around 47% of the security and law enforcement robots market share and is projected to decline to nearly 45% share by 2021, exhibiting almost 2% decrease in market share.
Global security and law enforcement robots market: Top emerging trend
The adoption of drones is an emerging trend in the security and law enforcement robots market. Drones are being extensively adopted by the defense forces owing to advancements in technology and the need for improved security systems. The key features of drones that make them unique over traditional security systems have triggered the adoption rate in security operations. The police departments across the globe exclusively use drones for monitoring civil societies. These drones can capture intricate details with features such as image capturing with high-resolution cameras, ability to see in the dark, video recording, and assisting the police to keep a track on the activities that can affect civilians.
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Technavio's report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Security and Law Enforcement Robots Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by application (unmanned logistics, border patrolling and bomb detection, and law enforcement)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Boston Dynamics, Endeavor Robotics, Lockheed Martin, and SMP Robotics)
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