SLAM Autonomous Robots Market Top Companies, Industry Revenue, and Applications

Global SLAM autonomous robots market is anticipated to witness an exponential growth in the forecast period. SLAM (Simultaneous localization and mapping) is a process of creating a map using an unmanned vehicle or robot that navigates in that environment while using the map it generates. SLAM is the technique behind robot mapping or robotic cartography.

Factors such as presence of a large pool of participants, increased adoption across robots, UAVs, augmented reality applications, accuracy, and minimal hardware requirement, rising number of industries moving over to automation across emerging nations and UAVs application gaining traction, rising disposable income in emerging countries, and single operator managing multiple robots at the same time are likely to drive the SLAM autonomous robots market in forthcoming period.

On the other hand, high cost of installation and maintenance and unemployed human labor are anticipated to hinder SLAM autonomous robots market growth in the future. However, SLAM Robots are largely more cost-efficient compared to human labor, is likely to create lucrative opportunities for the market.

Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Market could be explored by type, application, distribution channel and geography. Market could be explored by type as AMRs with SLAM and AMRs without SLAM.

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The key applications that could be explored in the SLAM autonomous robots market include Manufacturing, Hospitals and Healthcare, Logistics and Warehouse and Others. The “Hospitals and Healthcare” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of market include increasing demand for complicated surgeries and it gives accurate implications of deformation during surgeries.

The market could be explored based on distribution channel as Direct Channel and Distribution Channel. The “Direct Sales” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.

North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors such as implementation and development of SLAM robot’s technology across numerous platforms and growing number of industries accepting automation throughout the nation and increasing application of UAVs has led the path for market growth in the North American region. North America is followed by the European region.

Key players operating in the SLAM autonomous robots market include Clear path Robotics, Omron Adept, Swiss log (KUKA), Mobile Industrial Robots, Vecna, Cimcorp Automation, SMP Robotics, Locus Robotics, Aethon, Hi-Tech Robotic Systems, Fetch Robotics, Savioke, and Aviation Industry Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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