Robot Operating System Market generated a revenue of USD 330 million in 2021 and is forecast to touch USD 542 million in 2029, exhibiting a CAGR of 6.4% from 2022-2029.
The factors driving the growth of Robot Operating System Market includes increasing use of robotic operating systems in building sand unmanned ground missions, growing popularity for collaborative robots around the world, rising deployment of robots in automotive and electronic industries and improvements in the living standards. Moreover, growing demand for Robotics-as-a-Service (RaaS) model, increased adoption of advanced technologies by manufacturers, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the growing investments by major corporations on research and developments, rising population growth rates and increasing disposable incomes, are further contributing towards the market growth.
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The major players operating in the market are Universal Robots, Rethink Robotics GmbH, iRobot Corporation, ABB ltd., FANUC, KUKA AG, Yaskawa Electric Corporation, Clearpath Robotics, Denso Corporation, and Microsoft Corporation among Others.
Based on Robot Type, the Collaborative Modular Robots segment is predicted to capture the largest market share during the forecast period
Collaborative robots assist in performing light duty tasks and detects approaching collision with humans and takes necessary actions to stop their movement, are some of the factors responsible for the segment’s growth.
Based on Industry, the Metal and Machinery Industry segment is projected to expand at a remarkable CAGR over the forecast period
As per the Robot Operating System Market Trends, increasing application of robots in the meatal and machinery industry for machine tending, processing, and handling heavy materials, are propelling growth of the segment.
Based on Region, the Asia-Pacific region is anticipated to hold the highest market share during the forecast period
Presence of the leading players such as FANUC, Yaskawa Electric Corporation and Denso Corporation, growing adoption of digital technologies, increasing demand for collaborative robots, rising per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.
Market Segmentation
Segmentation by Robot Type
- Articulated Modular Robots
• Cartesian Modular Robot
• SCARA Modular Robots
• Collaborative Modular Robots
• Others
Segmentation by Industry
- Automotive Industry
• Electrical and Electronics Industry
• Metal and Machinery Industry
• Rubber, Plastics and Chemical Industry
• Food and Beverages Industry
• Healthcare Industry
• Others
Segmentation by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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