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Robot Operating System Market Is Growing In Huge Demand In 2023-2032 | Report By - Allied Market Research
According to the report, the global robot operating system market generated $464.64 million in 2021, and is estimated to reach $1.4 billion by 2031, witnessing a CAGR of 12% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/10410
The Robot Operating System, commonly known as ROS, is an open-source middleware framework designed for the development of robotic software. It provides a flexible and distributed architecture for creating modular and reusable robotic software across a variety of robotic platforms. ROS is not an actual operating system but rather a set of software libraries and tools that run on top of an existing operating system (typically a Linux distribution).
the use of a robot operating system reduces the complexity of software engineering while creating robotics projects. Software development is speeded up and distribution is facilitated by ROS, comprising a framework and toolkits designed for robotics development. In addition, the inclusion of robot operating systems in robotics research and development is made easier by these criteria for researchers and developers. Therefore, automation adoption, technical innovation, and increased levels of automation are projected to propel the market growth.
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Covid-19 scenario:
* Various countries across the globe are adopting ROS for the healthcare sector to train their future doctors and students for fighting the COVID-19 pandemic.
* Rise in number of patients across the globe have led to a significant increase in the adoption of robot software market, owing to the closing of work places and upsurge in the use of ROS in different sector such as manufacturing, retail, and healthcare.
* However, rise in organic growth strategies by the major key players has helped the market recover post-pandemic.
The robot operating system industry has experienced significant growth in recent years, driven by the rapid advancements in robotics technology, increased demand for automation across industries, and the widespread adoption of ROS as a key tool for developing robotic applications. This industry primarily deals with providing a software framework and ecosystem for the development of robotic applications. ROS is not an operating system in the traditional sense but rather an open-source middleware framework that streamlines the development of robotic software.
The rise in adoption of automation in the industrial sector, along with the increase in adoption of ROS by manufacturers, especially in developing economies, are some of the important factors that boost the global robot operating systems market across the globe. Furthermore, the surge in demand for collaborative modular robots is a significant factor anticipated to fuel the expansion of the robot operating system market during the forecast period. However, the high maintenance and installation costs of robots are expected to hamper the market growth. On the contrary, an increase in the adoption of robots as a service (RaaS) is expected to provide a lucrative opportunity to boost the growth of the market around the world.
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By application, the plastic injection and blow molding segment contributed to the highest share in 2021, accounting for around two-fifths of the global robot operating system market revenue. The PCB handling and ICT segment would also showcase the fastest CAGR of 14.7% throughout the forecast period. PCB and ICT solutions that address the diverse and varying needs of automated devices is currently becoming extremely valuable as more and more sectors adopt robotic operating systems.
Depending on the robot type segment, articulated robots dominated the robot operating systems market share in 2022 and are expected to remain dominant during the forecast period. This growth is attributed to the growing need to reduce human efforts and errors in production processes, along with the surging adoption of articulated robots in the electronics sector. However, collaborative robots are expected to witness the highest growth in the upcoming years, owing to the increasing investments in automation in the manufacturing processes, along with the higher return on investment than conventional industrial robotics systems.
By industry vertical, the electrical and electronics segment accounted for nearly two-fifth of the global robot operating system market share in 2021, and is expected to rule the roost by 2031. The metal and machinery segment would also display the fastest CAGR of 14.9% throughout the forecast period, owing to the rise of automation and digitalization trends in every industry.
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Region-wise, the robot operating systems market was dominated by Asia-Pacific in 2022 and is expected to retain its position during the forecast period, owing to the growing demand for automation in manufacturing processes and increased adoption of service robots to meet the diverse needs of the Asia-Pacific consumer market. However, Asia-Pacific is also expected to witness significant growth during the forecast period, owing to supportive government efforts to promote the adoption of robotics and automation technologies across the developing economies.
Leading Market Players
* ABB Ltd.
* Clearpath Robotics
* Denso Corporation
* FANUC CORPORATION
* iRobot Corporation
* KUKA AG
* Microsoft Corporation
* OMRON Corporation
* Universal Robotics
* Yaskawa Electric Corp.
The report analyzes these key players in the global robot operating system market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
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