Market Research Report
United Kingdom Security Robots Market Forecast 2021-2026
|Published by||Inkwood Research||Product code||984748|
|Published||Content info||101 Pages
Delivery time: 2-3 business days
|United Kingdom Security Robots Market Forecast 2021-2026|
|Published: January 25, 2021||Content info: 101 Pages||
The United Kingdom security robots market is expected to register a CAGR of 7.01%, during the forecast period. The country's key market growth drivers include, rising investments in terms of unmanned ground vehicle capabilities, the rising use of robots for patrolling and surveillance, and the increased funding on next-generation military technology. The base year considered for the market study is 2020, while the forecast years are from 2021 to 2026.
Britain is projected to spend more than GBP 800 million for funding next-generation military technology, such as, military drones, in order to gather intelligence and laser weapons. This would also result in the elimination of missiles. The United Kingdom is actively seeking a replacement for Reaper, since 2018. Moreover, in 2015, the country's prime minister proposed replacing the existing fleet of 10 Reapers, with over 20 new RPAS. Similarly, the Ministry of Defense is also considering the likelihood of remotely-piloted aircraft, to satisfy its maritime surveillance requirements.
The United Kingdom's government is collaboratively funding a study with France, about the possibility of an unmanned combat aircraft. This would be a probable replacement for Typhoon, from 2030. In addition, the Ministry of Defense also announced a proposed investment of nearly GBP 3 million, in 2017, for overcoming challenges such as, open modular UAS mission management of UAS swarms, as well as developing technology enablers for UAS swarms. Therefore, these factors are projected to play an important role in fueling the United Kingdom's security robots market, over the forecast period.
Some of the key companies operating in the market are, BAE Systems PLC, Thales SA, Cobham PLC, QinetiQ, etc.