Robot Operating System (ROS) Market to reach US$ 517 million by the year 2025 | +11.2% CAGR Value
Published | 23 September 2019
According to BlueWeave
Consulting, The Global Robot Operating System (ROS) Market is projected to grow
from USD 352 million in 2018 to USD 517 million by the year 2025, at a CAGR of
over 11.2% during the forecast period 2019-2025. The global robot operating
system market is growing owing to various factors.
The rising adoption of
low-cost industrial robots is one of the significant factors for the growth of
the Robot Operating System (ROS) market. The wide-scale adoption rate of the
Robot Operating System (ROS) market is anticipated to grow during the forecast
period, owing to the increasing industrial automation, Research, and
Development (R&D) funds for execution of the collaborative modular robots.
Increasing demand for the Robotics-as-a-Service (RaaS) based model also
supported the upsurge of the market.
These market evaluations
have been broken down by considering the effect of various political, social,
financial, and innovative factors alongside the present market elements
influencing the Robot Operating System (ROS) market development. With the
assistance of ROS, complexities of software engineering while at the same time,
creating apply robotic projects are decreased. ROS builds the speed of
programming advancement and software development along with helping to
redistribute it as it incorporates coordinated toolsets and frameworks for
robotics development. These components help analysts and engineers to embrace
ROS into their apply robotics research and development activities.
The
market for collaborative and industrial robots is extending at a fast pace
during the forecast period.
The type segment of the
Robot Operating System (ROS) market is expected to boost during the forecast
period. The market for collaborative and industrial robots is extending at a
fast pace, and the ROS market is rapidly taking action accordingly. The
development of robotic technology has changed how business organizations are
handling their daily activities. The reception of modern industrial robots in
the manufacturing business is because of their ability to perform risky and
monotonous undertakings with predictable precision and accuracy.
Robot
Operating System (ROS) Market: Competitive Landscape
The emerging key players in
the Robot Operating System (ROS) market include companies like Denso (Japan),
Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), ABB
Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric
Corporation (Japan), Clearpath Robots (Canada), iRobot Corporation (US), Stanley Innovation (US), Husarion (Poland),
and Rethink Robotics (Germany). They have received natural and inorganic
systems, for example, new item dispatches, acquisitions, business developments,
and associations, to extend their business reach and drive their business
revenue development.
Browse Detailed Analysis
with TOC, “Global Robot Operating System
(ROS) Market by Robot Type (Articulated, SCARA, Parallel, Cartesian,
Collaborative), Industry (Automotive, Electrical and Electronics, Metals and
Machinery, Food and Beverages, Healthcare), and Region - Global Forecast to
2025”
At
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Publish Date: September 2021
Global robot operating system market is growing at a high CAGR because of the increasing adoption of robots and automation in the small & medium-sized enterprises, along with growing research and development activities.
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