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Security Robots Market by Top Leading Players Aerovironment, Inc., Cobham PLC, Elbit Systems, ENDEAVOR ROBOTICS, Knightscope

10-25-2018 05:35 AM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Security Robots Market

Security Robots Market

One of the major reasons driving the growth in the security robots market is the increasing military use. Security robots are especially used during geopolitical instabilities and terrorist conflicts.

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Some of the important players in Security Robots market are Aerovironment, Inc., Cobham PLC, Elbit Systems, ENDEAVOR ROBOTICS, Knightscope, Inc., Kongsberg Maritime, Lockheed Martin Corp., Qinetiq Group PLC , Recon Robotics, and Thales SA .

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Concerns for security and increasing penetration of automation techniques is primarily driving the demand for security. Further, companies in the value chain are constantly developing advanced security solutions capable of replacing human intervention. This factor combined with decline in the average cost of security robots is expected to drive the global security robots market.

Autonomous surveillance devices possessing cameras on wheels and roll around patrolling any specific area assigned are known as security robots. These robots assist the guards in security by alerting them of intrusion. They possess LED display as their face indicating emotions for programmed responses reflecting their current status. These robots possess robotic voice to alert the security personnel and also hold capability to make communication with other security robots in the area.

The security robots market is at an introductory stage and few companies have been able to establish themselves as leaders in the initial phase. However, a large number of other players across different geographies are anticipated to enter the market during forecast period. These players are well established in regional markets, however, they have a limited global presence. Leading players are currently focusing on providing security robots solutions. Moreover, as part of strategy, the companies are engaging in various mergers and acquisitions, focusing on research and development and enriching customer experience through investment in security robots.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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