Market Overview
A report published by Market Future Research (MRFR), asserts that the Global robot operating system market is slated to reach a valuation of USD 276 million by 2023, growing at a moderate 10.91% CAGR during the review period of 2018–2023.
Drivers and Restraints
There are several factors which are driving the growth of Robot Operating System Market. Some of them are developments in IoT, growing industrialization, increasing adoption of automation among large enterprises as well as SMEs, and growing automation in robotics, among others. The robotics industry is growing supported by advancements in AI. numerous enterprises are poised to adopt industrial robots owing to the trend of automation and innovation with advances in technology. Future robots are slated to be equipped with fast communication, voice and language recognition, learning capabilities, portability, mobility, and dexterity. With the backing of robot operating systems, robot programming has revolutionised with simpler user interfaces resulting in the development of the advanced unmanned aerial vehicles (UAVs), and autonomous vehicles. With many industries deploying Industry 4.0 standards, automation has become an improtant part of companies, organizations, and the public and private sector for controlling the competence of resources, forming the backbone of many modern industries such as transport, oil & gas, energy, road and transportation, power grids, food & beverage, water/wastewater, recycling, manufacturing, air and sea and home automation.
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Many industries are focused on adopting Industry 4.0 standards including IoT, cloud computing, and cognitive computing to increase agility, efficiency, and operational productivity. With improved quality, lower costs, and the ability to meet high customer demands, Industry 4.0 allows producers to serve larger markets, provide customized products, and monitor, control, and optimize manufacturing processes. Nevertheless, as robot OS is an open source platform and is available to everyone, security issues are the major factors poised to hinder the market growth in the coming years. On the other hand, significant developments in artificial intelligence technology is expected to create numerous growth opportunities in the Robot Operating System Market.
Segmentation
The global Robot Operating System Market has been segmented on the basis of vertical, and type.
- On the basis of the type, the market has been bifurcated into industrial and commercial. Industrial robots have been further classified as SCARA, cartesian robots, articulated robots, and linear robots among others. commercial robots have been sub-divded into stationary and portable robots.
- On the basis of the vertical, the market has been classified into automotive, agriculture, aerospace & defense, retail, electronics, rubber & plastics, healthcare, food & packaging, and logistics among others.
Key Players
Market Research Future has identified the following key players in the market—Microsoft Corporation, ABB Ltd, KUKA AG, Fanuc Corporation, Yaskawa Electric Corporation, iRobot Technologies, Omron Corporation, Husarion, Inc., Clearpath Robotics, Cyberbotics Ltd, and Rethink Robotics among others.
Regional Analysis
The market for robot operating system has been estimated to grow at a significant rate during the forecast period 2020 to 2023. The geographical analysis of robot operating system market has been done for North America (US, Canada, and Mexico), Europe (Germany, UK, France, Russia, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, South Korea, and the rest of Asia-Pacific), and the rest of the world (the Middle East & Africa, and South America).
North America was leading the robot operating system market in 2020. North America is an established region in terms of advanced infrastructure support— widely known for being an early adopter of new technology. Increasing demand for advanced robotics and intelligent and automated manufacturing systems is expected to generate fruitful opportunities for robot operating system market. The US is the leading market as key players are investing heavily in developing automation solutions to accelerate the demand for connected technology and factory automation in the country.
Europe held the second-largest share of the global robot operating system market in 2020. The UK dominated the market, followed by Germany and France. Europe is a manufacturing hub for automobiles. The increasing market of industry 4.0 and high deployment ratio of robots by the automotive industry has driven the market growth of robot operating system in the region.
Asia-Pacific is projected to grow with the fastest growing CAGR. China accounted for the highest market share of the Asia-Pacific Robot Operating System market in 2020. High demand for automation by semiconductor manufacturer and government support for adoption of industry 4.0 is projected to propel the market growth of robot operating system in the region.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Dynamics
4.1 Market Drivers
4.1.1 Increasing Industrialization
4.1.2 Development In IoT
4.1.3 Increasing Adoption Rate Of Automation Among SMEs And Large Enterprises
4.2 Market Restraints
4.2.1 Security Issues
4.3 Market Opportunities
4.3.1 Developments In Artificial Intelligence
4.4 Value/Supply Chain Analysis
4.5 Porter’s Five Forces Analysis
4.5.1 Threat Of New Entrants
Continued…
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Market OverviewMarket Research Future (MRFR) anticipates the Robot Operating System Industry 2020 to procure a valuation of USD 276 million by 2023.
We will provide COVID-19 impact analysis with the report.Primary Boosters and Key ChallengesCOVID-19 analysis conducted by MRFR reveals that a few aspects of the ICT industry are benefitting from social isolation and health concerns, despite the short term impact on the economy across the globe.
With the rising focus on achieving COVID-19 breakthrough among countries, there is hope for the ICT industry, including the robot operating system market.The Robot Operating System Industry can be driven by the heavy investments in research and innovation activities.
ROS helps bring down the complexities in software engineering during the development process in robotics projects.
Leading vendors like ABB and Fanuc Corporation are slated to invest higher amounts in R to come up with more advanced robots and operating systems that are not only user friendly but affordable as well.Get More Details of Report @ https://www.abnewswire.com/pressreleases/robot-operating-system-ros-market-2019-industry-size-growth-factors-opportunities-business-strategy-key-vendors-future-prospects-and-global-trends-by-forecast-2023_447535.htmlKey PlayersMarket Research Future has identified the following key players in the Robot Operating System Industry —Microsoft Corporation, ABB Ltd, KUKA AG, Fanuc Corporation, Yaskawa Electric Corporation, iRobot Technologies, Omron Corporation, Husarion, Inc., Clearpath Robotics, Cyberbotics Ltd, and Rethink Robotics among others.SegmentationThe global Robot Operating System Market has been segmented on the basis of vertical, and type.On the basis of the type, the market has been bifurcated into industrial and commercial.
North America is an established region in terms of advanced infrastructure support— widely known for being an early adopter of new technology.
Global Robot Operating System Market The GMI Research expects that the Robot Operating System Market will notice an augmentation in demand over the forecast period.
This is mainly due to their increasing endorsement in the gaming industry, rising inclination towards technologically sophisticated personal computers, and their potentials like multi-tasking and high computing power.Request a free sample of this reportIntroduction of the Robot Operating System Market Robot Operating System (ROS) refers to a structure of tools to write robot software to streamline difficult tasks and behaviour across different robotics platform.
The Systems include hardware extraction, execution of common-functionality, transfer of message between process and package management.Key Players of Market:Clearpath RoboticsiRobot CorporationABB Ltd.KUKA AGFANUC CorpDenso CorporationYaskawa Electric CorporationMicrosoft CorporationUniversal RobotsRethink RoboticsRobot Operating System Market DynamicsSome of the crucial factors strengthening the growth of the global robot operating system market trends includes the increasing execution of modular robots such as collaborative robots and the expanding small and medium organizations across emerging countries raises the robotics demand leading to the need for ROS.
This is primarily because of the massive acquisition of digitalization and automation, mainly in Japan, China, and South Korea.
In addition, as per the robot operating system market research, the mounting usage of robiots across several industries like health and education along with the accelerating geriatric population will fuel the market growth.Robot Operating System Market Segmentation:Segmentation by Robot TypeArticulated Modular RobotsCartesian Modular RobotSCARA Modular RobotsCollaborative Modular RobotsOthersSegmentation by IndustryAutomotive IndustryElectrical and Electronics IndustryMetal and Machinery IndustryRubber, Plastics and Chemical IndustryFood and Beverages IndustryHealthcare IndustryOthersSegmentation by Region:Asia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWUAEBrazilSouth AfricaSaudi ArabiaAbout GMI ResearchA consulting and market research company offering enterprises with business insights and market research reports.
The team collects all the information about different industries with the help of internal and external databases.
ROS (Robot Operating System) provides services to various computer clusters like hardware abstraction, implementation of commonly used functionality, low level device control, package management and massage passing between processes.Growing investment in research and development activities is anticipated to drive the global robot operating system market.
Growing need of hardware and software that are easily adopted in research work and at considerable low amount is contributing in the growth of the market.
In additions, other factor such as the rise in speed during the software development process by robot operating system is also impacting in the growth of the market.
There is an increase of adoption of robotics by healthcare sector.
Further, commercial segment is divided into healthcare, (hospitals and pharmaceuticals), retail (big and small retail stores), hospitality (restaurants and hotels), agriculture & farming and others (entertainment and domestic services).Healthcare is involved in developing customized products and is one of the fastest growing industries in the field of robotics.
Further, industrial segment is sub segmented into automotive, electronics, rubber & plastics, logistics, food & packaging, and warehousing and others such as metal and energy.North America is anticipated to dominate the global robot operating system market and is expected to lead during the forecast period.
