The global search and rescue robots market size is predicted to expand on account of the factor that modern rescue robots are pre-set to make decisions grounded upon the circumstance and without any human interference.
This information is provided by Fortune Business Insights, in its upcoming report, titled, “Search and Rescue Robots Market, 2023-2030.”
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Based on Platform type the market of Search and Rescue Robots Market is segmented into Ground, Marine, and Aerial.
Based on operation, the market is segmented into remotely operated, fully autonomous, and semi-autonomous.
Based on the application, the market is diversified into firefighting robots, Medical robots, Military robots, Path opening robots, Snake robots, and Swarm robots.
Based on region the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Drivers and Restraints:
Novel Introductions of Robots by Key Players to Augur Growth
The presentation of novel and more proficient search and rescue robots in the market has triggered the demand for these robots in regions such as Africa and Asia Pacific owing to the factor that these regions are geographically more disposed to natural calamities, hence governments are capitalizing more to invent their disaster management rescue units that will ultimately result in an escalation in demand for search and rescue robots during the forecast period.
However, factors such as the high cost of equipment and installation of these robots combined with response competencies at the time of disasters are restricted, and they might not function in all types of environments. These factors are likely to hinder the search and rescue robots market growth
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North America to Dominate Backed by Presence of Key Players
North America is predicted to lead the market owing to the existence of prime players such as Lockheed Martin Corporation and Northrop Grumman Corporation Moreover, the growth of the market in the region is credited to the surging utilization of search robots for military and surveillance purposes.
The market in Europe is anticipated to grow mildly on account of the incidence of fundamental robot producers and service givers. Europe is predicted to hold second-largest search and rescue robots market share during the forecast period.
The market in Asia Pacific is projected to grow substantially owing to the increasing in their capitalization in robotics and trying to become the core of robotics, and the enhancing economy of developing nations such as India and China is further estimated to foster market growth.
The Middle East & Africa is likely to display considerable growth in the market owing to the growing consciousness for the utilization of robots in oil & gas industries for numerous dangerous operations.
Inventive Product Launch Declarations by Prime Players to Augur Market Growth
The indispensable companies operating in the global market are often witnessed applying effective tactics to boost their position in the market as dominating companies. One such prime tactic is procuring companies to spur the brand value among users. Another vital notion is intermittently launching creative and useful products with a comprehensive study of the market as well as its target users.
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Key Industry Developments:
April 2021: Carnegie Mellon University’s commended snake-alike robot, which can slither its way underwater, permitting the sectional robotics platform to examine ships, submarines and infrastructure for surplus destruction.
List of Key Players Mentioned in the Report:
- Yuneec (China)
- Boston Dynamics (U.S.)
- FLIR Systems Inc. (U.S.)
- owe & Howe Technologies, Inc. (U.S.)
- Parrot Drones SAS (France)
- Boston Dynamics (U.S.)
- Sense Fly SA (U.S.)
- Elbit Systems (Israel)
- AgEagle Aerial Systems Inc. (U.S.)
- LeddarTech Inc. (Canada)
- Lockheed Martin Corporation (U.S.)
- Northrop Grumman Corporation (U.S.)
- Pliant Energy Systems LLC (U.S.)
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