Robot Operating System Market worth US$ 467 Million by 2024 | Top Technologies, Overview, Key Insights and Company Profiles
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A fresh research report titled “Robot Operating System Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 110 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.
The Global Robot Operating System (ROS) Market size is expected to grow from USD 312 Million in 2019 to USD 467 Million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period.
Major Vendors profiled in the Robot Operating System Market include are ABB Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Denso (Japan), Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), Clearpath Robots (Canada), iRobot Corporation (US), Rethink Robotics (Germany), Stanley Innovation (US), Husarion (Poland).
“Collaborative robots to account for the highest CAGR during the forecast period”
The safety features and benefits over other robots to perform certain light-duty tasks, is driving the adoption of collaborative robots across the ROS market. Robots can be integrated with various sensors, vision systems, and passive compliance. It also integrates with over current detection features, which detect any imminent collision with humans and take appropriate action to stop their movement, or deactivate the arm, or move the joint in the opposite direction, to avoid injury.
“Asia Pacific to grow at the highest CAGR during the forecast period”
The ROS market has been witnessing a tremendous growth in regions, such as China, Japan, and South Korea. These countries have a high penetration in the ROS market and provide solutions that resolve the complex queries faced by customers. The high adoption rate of digital technologies and automation, especially in China, Japan, and South Korea, has made APAC a lucrative market. The growing development in these countries is expected to provide several new opportunities for ROS vendors in APAC. The rising aging population is driving the demand for robots in countries, such as China and Japan.
- To forecast the revenue of the market’s segments with respect to 4 major regions, namely North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW) including Latin America and Middle East and Africa (MEA)
- To provide detailed information about the major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market
- To analyze the market’s subsegments with respect to the individual growth trends, prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders and provide the competitive landscape of the market
- To profile the key players and comprehensively analyze their recent developments and positioning in the ROS market
- To analyze the competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
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Competitive Landscape of Robot Operating System Market:
2 Competitive Situation and Trends
2.1 New Product/Service Launches
2.2 Agreements, Collaborations, and Partnerships
2.3 Mergers and Acquisitions
2.4 Business Expansions
3 Key Players in the Robot Operating System Market
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