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Asia Pacific Security Robots Market Forecast 2021-2028

KEY FINDINGS
The Asia Pacific security robots market is estimated to record a CAGR of 11.24% during the forecast period, 2021-2028. The rising security robots deployment and the growing military expenditure are among the important drivers of market growth.

MARKET INSIGHTS
The Asia Pacific security robots market growth evaluation includes the assessment of South Korea, Australia & New Zealand, Japan, China, India, Thailand, and Rest of Asia Pacific. There is an increasing deployment of robots for security in India. The Defense Ministry is set to introduce robots, which will aid the forces in counter-insurgency and counter-terror operations. Also, the DRDO (Defence Research and Development Organisation) has deployed a robot for the security of industrial units, offices, and houses. It offers real-time surveillance and can photograph suspicious objects. The demand for such robots, and the thriving smart home market, is set to influence the market growth in India.
In Australia, the Defense Force committed USD 100 million for buying a fleet of small surveillance drones. This is expected to propel market growth. Further, the robotic events, attended by several international players in the smart robotics field, are projected to offer lucrative opportunities to discover trends in the market. The CASA (Civil Aviation Safety Authority) has introduced drone safety rules that vary according to commercial or recreational flights. These regulations have majorly impacted the development of the drone ecosystem across the country. Such developments are projected to fuel the market growth in Australia.

COMPETITIVE INSIGHTS
Some of the distinguished companies in the market are DJI, Elbit Systems Limited, Leonardo SPA, Knight Scope, Aerovironment Inc, etc.

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Asia Pacific Security Robots Market Forecast 2021-2028
Published By :Inkwood Research
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