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Global surveillance robots market to witness huge growth in the coming years

IT Market Research

This research report examines future demand and growth analysis of the global surveillance robots market.

The following companies as the 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.

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Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of hybrid UMV systems. The forecast period will also see the emergence of more hybrid UMV systems.

Researchers are conducting research on control systems that can enable more autonomy and the ability to switch seamlessly between various communication bandwidths and degrees of automation, depending on the requirement.”

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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.

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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.

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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 a SWOT analysis of the key vendors.

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