How big is the Security Robot Market?

The Security Robot Market size is expected to reach USD 15.72 billion in 2024 and grow at a CAGR of 13.57% to reach USD 29.65 billion by 2029. Read More

What is the current Security Robot Market size?

In 2024, the Security Robot Market size is expected to reach USD 15.72 billion. Read More

Who are the key players in Security Robot Market?

Lockheed Martin Corporation, Northrop Grumman Corporation, Thales SA, BAE Systems PLC and Leonardo SPA are the major companies operating in the Security Robot Market. Read More

Which is the fastest growing region in Security Robot Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Security Robot Market?

In 2024, the North America accounts for the largest market share in Security Robot Market. Read More

What years does this Security Robot Market cover, and what was the market size in 2023?

In 2023, the Security Robot Market size was estimated at USD 13.59 billion. The report covers the Security Robot Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Security Robot Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Security Robot Market Share

Statistics for the 2023 & 2024 Security Robot market share, created by Mordor Intelligence™ Industry Reports. Security Robot share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Security Robot Industry

The security robots market is fragmented, with several new entrants and start-ups in developed regions. Relatively high barriers to entry and exit lead to higher market penetration. However, the tendency to vertically integrate across different value chain segments offers a competitive edge to leading vendors in the market. Lockheed Martin Corporation, Thales SA, Leonardo SPA, BAE System PLC, and Northrop Grumman are some of the key players in the security robots market.

April 2024: Neubility and South Florida Security (SFS) Group announced a collaborative proof of concept (PoC) project to improve community safety by deploying patrol robots. The project aims to place mobile patrol robots near the Doral Isles ClubHouse in Miami, which is home to about 1,700 families.
March 2024: QIANXIN Group announced the introduction of the new version of the QAX-GPT security robot, which is expected to be on sale for the whole industry. The latest version of the security robot improves intelligent investigation and assessment and intelligent question and answer. It offers four new functions, i.e., intelligent cockpit, intelligent investigation, intelligent task, and intelligent report.