Current Business Affairs Global Security Robotics Market 2018 | Page 2
Key Players:
Some of the prominent players of the market are Northrop Grumman Elbit Systems Limited, Thales SA, DJI, Cobham,
Aerovironment Inc. Corporation, BAE Systems PLC, Lockheed Martin Corporation, Recon Robotics, Knight Scope, SMP
Robotics, Leonardo SPA, Kongsberg Gruppen, IRobot Corporation, Qinetiq, and RoboTex.
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Regional Analysis:
Geographically, North America is estimated as significant market for security robots contributing majorly to the revenue
owing to the increasing commercialization in various industries. Modern weapons and advanced technology for overseas
contingency operations, is also driving constant growth of the regional market. Additionally, Asia Pacific countries such
as Japan, China and South Korea are expected to witness swift growth over the forecast period owing to developing
technological investment particularly in manufacturing sector. The regional firm growth has been directed by
accelerating demand for the robots in defense, security, medical and various household applications.
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