Global EOD Robot Market Size By Type (Small EOD Robot, Large EOD Robot), By Application (Public Security Bureau, Army), By Geographic Scope And Forecast

EOD Robot Market Size And Forecast

EOD Robot Market size was valued at USD 1.2 Billion in 2021 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 14.8% from 2023 to 2030.

The EOD Robot Market is expanding due to robotic systems’ technological advancements. However, the high expense of these robots is preventing their widespread use in several applications. The EOD Robot Market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.

Global EOD Robot Market Definition

The market for robots and autonomous systems used for the detection, identification, and disposal of explosive devices is known as the EOD (Explosive Ordnance Disposal) Robot Market. Military, law enforcement, commercial security companies, and other organizations in need of bomb disposal services are the main users of these robots. The market for EOD Robots consists of a variety of robots, such as ground-based robots, drones, and underwater vehicles that are outfitted with cutting-edge sensors, cameras, manipulators, and other tools to help with the efficient and secure disposal of explosive ordnance. High levels of technological sophistication and fierce competition between top companies define the industry.

Global EOD Robot Market Overview

This industry is expanding as a result of robotic systems’ technological advancements. The high expense of these robots, however, is preventing their widespread use in a number of applications. Growing need for EOD Robots among military and law enforcement organizations as a result of the danger of terrorism. improvements in robotic technology, such as the creation of more maneuverable, smaller robots that can fit into tiny spaces.

To increase the safety of human operators, unmanned systems and robots are being used more and more in hazardous and dangerous circumstances. EOD Robots have high development and maintenance expenses, which may prevent some applications from adopting them.

restrictions on the abilities of current EOD Robots, such as their inability to function in harsh weather or on uneven ground. worries about the moral and legal ramifications of using self-driving robots in scenarios involving lethal force. increasing the use of EOD Robots in industrial settings like mining and construction to increase productivity and safety

increasing the need for EOD Robots in search and rescue and catastrophe response. the creation of cutting-edge software and sensors to enhance the capabilities of EOD robots, including their capacity to discover and recognize hazardous materials

Global EOD Robot Market Segmentation Analysis

The Global EOD Robot Market is Segmented on the basis of Type, Application, And Geography.

EOD Robot Market, By Type

• Small EOD Robot
• Large EOD Robot

Based on Type, The market is split into Small EOD Robot and Large EOD Robot.

EOD Robot Market, By Application

• Public Security Bureau
• Army

Based on the Application, the market is divided into Public Security Bureau and Army.

EOD Robot Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the world

Based on the Regional Analysis, The EOD Robot Market is classified into North America, Europe, Asia Pacific, Latin America, and the Rest of the World. During the time of forecasting, the North American market is anticipated to dominate the global EOD robot market. The rise in terrorist threats and the rising demand for sophisticated security systems from a variety of end users, including military, homeland security, and critical infrastructure sites in this region, can be attributed to the expansion of this region.

Key Players

The “Global EOD Robot Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are iRobot Corporation, Northrop Grumman Corporation, QinetiQ Group plc, ECA Group, Harris Corporation, Cobham plc, Thales Group, General Dynamics Corporation, Endea S.A., Allen-Vanguard Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight to the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally

Key Developments

• iRobot CorporationIn 2021, iRobot will release the iRobot 710 Warrior, a new robot that is intended for use by first responders and the military. The robot can be modified to fit the needs of a particular task and is capable of carrying a variety of payloads.
• QinetiQ Group plcIn 2020, QinetiQ Group will introduce the TALON® V, a new EOD drone. The robot’s modular design makes it simple to adapt it to unique mission needs. Additionally, it has cutting-edge algorithms and sensors for better situational awareness.
• ECA GroupIn 2021, ECA Group revealed that the Belgian Army would receive its brand-new COBRA MK2 EOD robot.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global EOD Robot Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global EOD Robot Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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