The global SLAM Technology Market is forecasted to be worth USD 1,829.4 Million by 2027, according to a current analysis by Emergen Research.The global simultaneous localization and mapping (SLAM) technology market is forecasted to grow significantly, owing to UAV applications’ rising adoption. The growing prevalence of mapping technology is anticipated to further propel the market growth over the forecasted timeframe. Besides, the rapid adoption of autonomous vehicles worldwide is also expected to augment the market over the forecasted timeline.
The report is updated with the impact of the COVID-19 pandemic on the SLAM Technology market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the SLAM Technology market has been positive or negative.
Emergen Research has recently published a detailed report on the global SLAM Technology market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the SLAM Technology market through verified and validated data curated to offer accurate insights.
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The report further divides the SLAM Technology market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the SLAM Technology market.
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The SLAM Technology market report enumerates, in excruciating detail, the product landscape of this vertical.
Details related to the market share of every product type segment, their profit estimations, and the data pertaining to the production growth has been enumerated in the report.
The report covers an in-depth assessment of the application range of the SLAM Technology Market.
Details about the market share accumulated by each application, product demand from each application, as well as the growth rate that every application will register over the forecast timeframe have been revealed in the study.
Other pointers such as the raw material processing rate as well as the market concentration rate are explained in the report.
The report also presents a gist of the most recent pricing trends as well as the anticipated growth prospects for the industry, alongside information about the manufacturing cost structure and downstream customers
Key Highlights from the Report
In August 2020, Mobeewave was acquired by Apple Inc. Apple put itself in competition with Jack Dorsey’s Square, which was a pioneer in mobile and tablet payment technologies, with the deal. Also, Apple will deliver fast, simple payments without any other apps by integrating Mobeewave ‘s technology.
The largest market over the forecast timeline is accounted for by the 2D segment due to SLAM technology wide utilization in industrial robotics.
Over the forecast timeline, the robotics segment is anticipated to hold the largest market with a CAGR of 38.6% due to SLAM technology’s extensive use in many robotics applications for accurate outdoor and indoor location tracking.
Over the forecasted timeframe, the mining industry is likely to hold the largest market. The factors driving the market growth comprise a notable increase in the substantial level of risk control and risk reduction accomplished by integrating SLAM technologies.
In the forecast period, North America will lead the market. Higher spending on robotic systems, the rising implementation of Augmented reality, and the presence of significant players in the market are boosting the region’s market development.
Key participants include Apple Inc., Microsoft Corporation, Facebook, Inc., Alphabet Inc., Aethon Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics (Kiva Systems), Skydio, Inc., and Clearpath Robotics, Inc. among others.
SLAM Technology Market Segmentation:
Type Outlook (Revenue, USD Million; 2017-2027)
Graph-Based
Extended Kalman Filter
Fast
Offering Outlook (Revenue, USD Million; 2017-2027)
2D
3D
Application Outlook (Revenue, USD Million; 2017-2027)
UAV
Autonomous Vehicle
Robotics
Augmented Reality
Virtual Reality
Others
The report also studies the key companies of the SLAM Technology market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the SLAM Technology market include:
Apple Inc., Microsoft Corporation, Facebook, Inc., Alphabet Inc., Aethon Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics (Kiva Systems), Skydio, Inc., Clearpath Robotics, Inc.
The Global SLAM Technology Report is a panoramic study of the overall SLAM Technology market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the SLAM Technology market. The report provides a detailed analysis of the key factors of the SLAM Technology market that are expected to have a positive impact on the growth of the SLAM Technology industry.
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Overview of the SLAM Technology Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
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