Press release
SLAM Robots Market worth USD 3747.3 Million by 2029- Exclusive Report by Cognitive Market Research
SLAM Robots Market worth USD 3747.3 Million by 2029- Exclusive Report by Cognitive Market Research
Read Full Report with Table of Contents:
@https://www.cognitivemarketresearch.com/slam-robots-market-report
Simultaneous localization and mapping, or SLAM, is an advanced mapping technique that enables robots and other autonomous vehicles to create a map and localize themselves on that map simultaneously. A robot or other vehicles, such as a drone or self-driving automobile, can create a path across an unknown area while also determining its own location inside that environment using a variety of algorithms, calculations, and other sensory inputs. Everything from robotic vacuums for the house to cars already employs simultaneous localization and mapping technologies.
The market for SLAM Robots is expanding primarily due to the growing usage pf SLAM robots in home appliances. With SLAM, the robot can navigate across places it has already mapped while avoiding any obstacles or familiar landmarks (localization). Nevertheless, technical challenges related to SLAM Robots may impede market expansion. The market will develop as a result of the expanding use of SLAM Robots in the automotive industry. Vehicles utilize SLAM technologies, which are designed to aid an autonomous object in navigating an uncharted environment. Thus, the demand for SLAM Robots is expected to raise in the projected period.
Regional Analysis of the SLAM Robots Market:
North America dominates the SLAM Robots market due to the region's high adoption rate of technological advancement. The growing industrialization also drives market growth across the region. Followed by North America, Europe is holding the largest share of the SLAM robot market due to the high investment in SLAM robot technology.
Top players involved in the SLAM Robots Market:
Some of these players include
• Flyability
• Amazon
• Apple
• Microsoft
• Intel Corporation
• Clearpath Robotics Inc.
• Kuka AG
• Geoslam
• Slamcore
• Slamtec
• Ohers
Current Trends of Manufacturers:
• In May 2022, the startup SLAMcore has received $16 million in Series A funding. SLAMcore develops vision-based mapping and positioning technologies for robots, autonomous cars, and consumer electronics products. This will allow SLAMcore to use its technology to tackle the challenging issues related to mapping and navigation for a range of autonomous devices, which combines artificial intelligence (AI) with affordable cameras, sensors, and computers.
• In November 2021, ABB is forming a strategic partnership with the Swiss start-up Sevensense, which was established in 2018 as a spin-off from ETH Zurich, in order to improve its new autonomous mobile robotics (AMR) offering with artificial intelligence (AI) and 3D vision mapping technology. With the aid of 3D Simultaneous Localization and Mapping (SLAM) technology, an AMR will be able to recognize objects like people, pallets, and other robots and make decisions on its own to avoid them.
Segment Analysis:
Based On The Offering, the two-dimensional segment has dominated the market. This is attributed to the rising usage of 2D sensors in numerous industrial robots. Based on the type, the market is dominated by graph-based SLAM robots. It is because graph-based SLAM robots can be implemented at low cost and also, and they can be used with inexpensive cameras. Based on the end user, automotive dominates the market by taking high revenue market share. This is attributed owing to the growing number of UAVs.
Related Report:
• Pharma Robots Market - https://www.cognitivemarketresearch.com/pharmaceutical-robots-market-report
• Mobile Robots Market - https://www.cognitivemarketresearch.com/mobile-robot-market-report
• Educational Robots Market - https://www.cognitivemarketresearch.com/educational-robots-market-report
• Industrial Automation Market - https://www.cognitivemarketresearch.com/industrial-automation-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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