Published on : Dec 06, 2017
Albany, New York, December 6, 2017: Technology is always improving and changing on a day to day basis. One of the most important and amazing technological inventions is robots. In the present time, ROS based robots are seeing substantial use in automotive, healthcare, electronics and packaging, and warehousing, which makes it a highly active market. A new study has clearly stated that competition in the global robot operating system (ROS) market is heating up on the back of rising investments for developing new robotic capabilities. To elaborate further on this rapidly growing market, a study titled “Robot Operating System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been broadcasted to the online repository of Market Research Hub (MRH), provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of volume and revenue (in US$ Mn), across different geographies, including North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and Latin America.
Key Insights from the Study
As the robots become more advanced, eventually there may be a standard computer operating system designed mainly for them. Robot Operating System (ROS) is most abundant platforms for robotics as it is an open-source project. It is a collection of software tools and libraries used by robot programmers for developing applications. Presently, the most used operating system is Linux followed by MAC OS X and now even windows are compatible for this platform. The research study briefly segments the market on the basis of type and applications. Depending upon the application, the global robot operating system market can be broadly divided into commercial and industrial. The commercial segment can be further divided into healthcare, hospitality, retail, agriculture, farming, etc. Similarly, the industrial segment can be further divided into automotive, electronics, information technology, food and packaging, rubber and plastics, logistics and warehousing, etc.
As per the report findings, the global robot operating system market anticipated to attain a value of US$359.18 mn by 2025 by rising at a steady 8.0% CAGR during the period between 2017 and 2025. A visible trend in the market is the emergence of a large number of startups who are taking benefit of the open source to build robots having new features and functionalities.
The above findings have been done on the basis of several key factors that are promoting the growth of the market. The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of this market. Some of the prime trends include:
- Rising research activities and swift pace of industrialization across the globe which is responsible for the market growth of robot operating system. Currently, industrial robots operating system account for maximum share in the market since they have made it easier for the robot developers to design efficient robots meant for industrial requirements.
- From a geographical perspective, North America, at present, holds a dominant position in the global robot operating system market, driven primarily by the commercial sector. Early adoption of latest technology and development of more advanced versions of ROS platforms in the region is benefitting the market growth.
- The application segment of healthcare under commercial is expected clock striking growth since they involve building customized products. This is because the healthcare sector is making gigantic progress by incorporating latest technologies for diagnosis and treatment.
Later, key market players have been outlined in terms of attributes such as company overview, financial overview, business strategies and recent developments. Some of the major players in global Robot operating system market are ABB Group, Omron Adept Technologies Inc, Rethink Robotics, Fanuc Corporation, Clearpath Robotics, Husarion Inc, KUKA AG, Cyberbotics Ltd., iRobot Corporation, Stanley Innovation, and Yaskawa Motoman. Analyst estimates that the prominent players are focusing on carefully considered mergers and acquisitions to retain their stronghold in the market.
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