Security and Law Enforcement Robots Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio

The global security and law enforcement robots market to register an incremental growth of USD 2.50 billion, witnessing a CAGR of about 19% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the security and law enforcement robots market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Security and Law Enforcement Robots Market 2020-2024 (Graphic: Business Wire)

Get a detailed Insights Highlights on COVID-19 pandemic Crisis and Recovery analysis of security and law enforcement robots market. Download free report sample

The security and law enforcement robots market will witness a Neutral and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to Increase compared to 2019.

Security and Law Enforcement Robots Market 2020-2024: Vendor Analysis

The market is concentrated. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.

Major Security and Law Enforcement Robots market participants are

• Boston Dynamics Inc.
• Cobalt Robotics Inc.
• FLIR Systems Inc.
• Knightscope Inc.
• Kongsberg Gruppen ASA
• Lockheed Martin Corp.
• Northrop Grumman Corp.
• Percepto
• SMP Robotics Systems Corp.
• SuperDroid Robots Inc.

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Security and Law Enforcement Robots Market 2020-2024: Segmentation

Security and Law Enforcement Robots Market is segmented as below:

• Application
  • Unmanned logistics
  • Border patrolling and bomb detection
  • Law enforcement

Unmanned logistics will account for the largest share as this technology can be extensively used for security operations such as rescue operations, transportation of food, water, and arms. Moreover, due to the autonomous behavior, these robots can be deployed in any location to gather the required information.

• Geography
  • APAC
  • Europe
  • North America
  • South America
  • MEA

North America region will account for the highest incremental growth during the forecast period due to the factors such as the increased incidences related to homeland security and community dissent of law enforcement in border areas and civil societies.

The security and law enforcement robots market is driven by the easy availability of electronic components and the adoption of drones, as per Technavio’s pandemic impact-focused research study. Furthermore, Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets and significant developments in vendor operations and government regulations in the Industrials segment.

For gaining more insights about the impact of the COVID-19 pandemic on related reports, check out Technavio’s Industrial section

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Unmanned logistics - Market size and forecast 2019-2024
• Border patrolling and bomb detection - Market size and forecast 2019-2024
• Law enforcement - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Boston Dynamics Inc.
• Cobalt Robotics Inc.
• FLIR Systems Inc.
• Knightscope Inc.
• Kongsberg Gruppen ASA
• Lockheed Martin Corp.
• Northrop Grumman Corp.
• Percepto
• SMP Robotics Systems Corp.
• SuperDroid Robots Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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