Embracing Innovation: $71.8 Billion Security Robots Market Outlook
The Security Robots Market is expected to develop at a robust compound annual growth rate (CAGR) of 17.8% over the forecast period, from an estimated value of USD 31.7 billion in 2022 to USD 71.8 billion by 2027. The market is divided into categories based on the type of underwater vehicles (UAVs) that are used, such as Fixed Wing, Rotary Wing, Wheeled, Tracked, Legged, Hybrid, and Autonomous Underwater Vehicles (AUVs), as well as application, end-user, and geographic factors. The demand for effective surveillance and monitoring solutions across a range of businesses and sectors, growing worries over security risks, and developments in robotic technology are some of the factors contributing to this expansion. Further driving market expansion is the increasing use of automation and artificial intelligence (AI) in security operations, along with the deployment of robots for activities like patrolling, reconnaissance, and surveillance. The increasing need for unmanned systems in defen