Search and Rescue Robots Market Report 2020 - Global Growth, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 6, 2021--
The “Search and Rescue Robots Market - Growth, Trends, and Forecasts (2020 - 2025)” report has been added to ResearchAndMarkets.com’s offering.
The Search and Rescue Robots Market is projected to grow with a CAGR of more than 20% during the forecast period.
According to World Risk Report 2019, disaster risk hotspot regions in 2019 are found across the Oceania, Southeast Asia, Central America, and West and Central Africa. The African continent has the highest danger of societal vulnerability, followed by Asia and America.
The Search and Rescue Robots is the modern tool for rescuers to easily find the victims inside damaged buildings, collect disaster data, detect dangerous materials and operate in hazardous situations, and provide first aid kits.
In the future, robots and drones for search and rescue could be cheaper, smaller, smarter, and more versatile. As the inclusion of Artificial Intelligence in robotics makes it easier to automate the process of finding victims and sources of danger. In the near term, the robots may autonomously patrol the water or air without any human involvement.
Substantial investments in the robots, software, and its components, to innovate and develop new drones that are more robust and agile to be deployed in the harsh conditions, have been the primary technology trends impacting the market, globally.
Key Market Trends
Advancements in Search and Rescue Robots is Driving the Market
Robots play a crucial part in the applications where there is a risk of life, as these robots can easily reach to the spot where humans rescuers find difficult, they can be applied in the operations where the environments are not so suitable for human rescuers, and they can be deployed for longer hours without any break. Robots are also used to collect the information to start the operation of rescuing by assessing the situation and location as by locating the trapped people, the rescue teams can concentrate their efforts on areas where victims have been identified.
Time is the key when lives are on the stake as every minute of the victim oscillate between life and death, these robots are developed to reach quickly and reduce the duration of these missions. For instance, the Hydronalix EMILY, a remote-controlled robotic rescue boat that can rescue peoples in distress when they are drowning. It has the capacity for five to eight people to hang on till they are towed back to safety.
As these robots provide huge advantages over humans but contrary they come with various drawbacks, mainly the rescuers hesitate from adopting these technologies as they are not yet considered reliable enough. Similarly, the integrated and centrally organized robot teams can be good for researchers, but the rescuers generally prefer individual systems that can easily be deployed independently.
The search and rescue robot market is highly fragmented, with several major players accounting for significant amounts of shares in the market along with new startups entering into the market. Some of the prominent companies in the search and rescue robot market are Thales Group, Kongsberg Gruppen, Elbit System Ltd., and Northrup Grumman Corporation.
Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that may be used in different applications of robots.
For instance, in 2019, The University of Manchester worked on a project with partners from four European countries to improve detection under debris after a disaster in which they developed chemical sensors that can be mounted on worm robots that can enter through any small crack in debris, and send a signal to rescuer if any live person is detected.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter’s Five Forces Analysis
5 MARKET SEGMENTATION
5.1 By Platform Type
5.2 By Operation Type
5.2.2 Remotely Operated
5.3 By Geography
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.2 Howe and Howe Technologies
6.2.3 Kongsberg Gruppen
6.2.4 Lockheed Marin Corporation
6.2.5 Saab AB
6.2.6 Elbit System Ltd.
6.2.7 Northrup Grumman Corporation
6.2.8 Thales Group
6.2.9 FLIR Systems (Endeavor Robotics)
6.2.10 Boston Dynamics
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/nrbfxi
View source version on businesswire.com:https://www.businesswire.com/news/home/20210106005377/en/
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SOURCE: Research and Markets
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PUB: 01/06/2021 05:16 AM/DISC: 01/06/2021 05:17 AM