MIDDLE EAST AND AFRICA SECURITY ROBOTS MARKET 2021-2028

MIDDLE EAST AND AFRICA SECURITY ROBOTS MARKET 2021-2028

MARKET OUTLOOK

Triton's report on the Middle East and Africa’s security robots market states that the industry is expected to grow with a CAGR of 8.28% in the forecast duration from 2021 to 2028. Saudi Arabia, Turkey, South Africa, the United Arab Emirates, and Rest of MEA together constitute the market in this region.

South Africa is one of the most important nations in the African continent, with high UAV manufacturing capabilities. Over the coming years, it is expected to witness higher demand for unmanned aerial vehicles, primarily for ISR, border surveillance, and counter-terrorism activities. Africa also has to deal with regional conflicts, internal warfare, and pirates. It has therefore become a crucial market for UAVs.

Further, the interest in UAVs is now for more purposes, than just surveillance and filming. The mining industry is also increasingly calling for their adoption. Smaller infrared sensors, higher resolution cameras, and improved software for measuring temperature are broadening the industrial applications of unmanned aerial vehicles in surveillance and inspection. The growing adoption of UAVs is benefiting the growth of the security robots market in South Africa.

Several countries in Rest of Middle East & Africa have raised their military spending in the last couple of years, particularly Algeria and Angola. The increase in defense budgets, along with the simultaneous growth in military spending, would result in increased investments in security robots. This, in turn, is expected to drive the studied market in Rest of MEA during the projected phase.

COMPETITIVE OUTLOOK

The renowned companies in this market are Boston Dynamics Inc, Elbit Systems Limited, DJI, BAE Systems Plc, Thales SA, Lockheed Martin Corporation, SMP Robotics, and Aerovironment Inc.