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Robot Operating System Market Size, Surging Demand, Detailed Analysis, Share And Forecast To 2033
Robot Operating System Market
Robot Operating System Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.25 billion In 2028 At A CAGR Of 15.1% :
The robot operating system market size has grown rapidly in recent years. It will grow from $0.62 billion in 2023 to $0.71 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increased demand for autonomous robots, operational behavior and patterns of robots, demand for automation in existing facilities, and demand in defense and security to enhance operational capabilities.
The robot operating system market size is expected to see rapid growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to adoption of automation in the industrial sector, increase in adoption of ROS by manufacturers, surge in demand for collaborative modular robots, and demand for data-driven robotics in the electronic industry. Major trends in the forecast period include innovations in robotics technology, demand for the robotics-as-a-service (RaaS) Model, innovation of collaborative robotics, improvement in the design of the embedded software.
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Robot Operating System Market Major Segments
The robot operating system market covered in this report is segmented -
1) By Type: Robot Operating System 1, Robot Operating System 2
2) By Robot Type: Articulated Robots, SCARA Robots, Parallel Robots, Cartesian Robotics, Collaborative Robots
3) By Application: Pick And Place, Plastic Injection And Blow Molding, Printed Circuit Board Handling And Information Communication And Technology, Testing And Quality Inspection, Metal Sampling And Press Trending, Computer Numerical Control Machine Trending And Co-Packing, End Of Line Packaging, Mapping And Navigation, Inventory Management, Other Applications
4) By Industry Vertical: Healthcare, Automotive, Electrical And Electronics, Metal And Machinery, Food And Beverages, Rubber And Plastic, Other Industry Verticals
Key Driver - Automation Surge In Industrial Sector Drives Growth Of The Robot Operating System Market
The rising adoption of automation in the industrial sector is expected to propel the growth of the robot operating system market going forward. Automation in the industrial sector refers to the use of machinery, robotics, and computer systems to streamline and optimize manufacturing processes, reducing human intervention and increasing efficiency. The rising adoption of automation in the industrial sector is driven by the pursuit of increased productivity, efficiency, cost reduction, and improved quality control. Robot operating systems in industrial automation enable standardized robot control, sensor integration, interoperability, simulation, task planning, execution, and monitoring for enhanced efficiency. For instance, in September 2023, according to a report by the International Federation of Robotics (IFR), a Germany-based non-profit organization, there were 553,052 industrial robot installations in industries worldwide, representing a 5% annual growth rate in 2022. Furthermore, Asia accounted for 73% of all recently deployed robots, followed by Europe (15%) and the Americas (10%). Therefore, the rising adoption of automation in the industrial sector is driving the growth of the robot operating system market.
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Prominent Trend - Key Players Accelerating Inspection Solutions With Robot Operating System Integration
Major companies operating in the robot operating system market are focusing on advanced integrated systems designed to accelerate inspection solutions. Integrated systems in robot operating systems refer to the cohesive integration of various hardware and software components within the ROS ecosystem to create comprehensive robotic solutions. For instance, in March 2023, Clearpath Robotics Inc., a Canada-based mobile robotic platform and automation company, launched Husky Observer, a fully integrated system compatible with Robot Operating Systems (ROS), empowering users to develop intricate autonomous systems and expedite inspection solutions. These are designed for versatile outdoor missions, including equipment monitoring, remote virtual inspection, and thorough unmanned data collection. It also boasts multiple inspection and navigation sensors for offline data analysis. Equipped with a diverse array of sensors, users can program points of interest and gather data for subsequent review. These sensors encompass outdoor thermal sensor data, indoor LiDAR data, and layered thermal sensor data tailored for leak detection.
Robot Operating System Market Players
Major companies operating in the robot operating system market report are Microsoft Corporation; ABB Ltd.; Omron Corporation; FANUC Corporation; Yaskawa America Inc.; Staubli International AG; KEBA AG; Wind River Systems Inc.; KUKA AG; Intrinsic Innovation LLC; Clearpath Robotics Inc.; Fetch Robotics Inc.; Robotiq Inc.; Husarion Sp. zo. o.; Cyberbotics Ltd.; Robotis Co. Ltd.; Denso Wave Incorporated; Willow Garage Inc.; Robotican Ltd.; Acutronic Link Robotics AG; Stanley Innovation Inc.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the robot operating system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot operating system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Robot Operating System Market Report Structure
3. Robot Operating System Market Trends And Strategies
4. Robot Operating System Market - Macro Economic Scenario
5. Robot Operating System Market Size And Growth
…..
27. Robot Operating System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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