SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Simultaneous Localization and Mapping Market Worth $465 Million by 2023 - Exclusive Report by MarketsandMarkets™
[December 05, 2018]

Simultaneous Localization and Mapping Market Worth $465 Million by 2023 - Exclusive Report by MarketsandMarkets™


CHICAGO, December 5, 2018 /PRNewswire/ --

According to the new market research report "Simultaneous Localization and Mapping Market by Offering (2D SLAM, 3D SLAM), Type (EKF SLAM, Fast SLAM, Graph-Based SLAM, LSD SLAM, S-PTAM, ORB-SLAM, and ORB-SLAM2), Application (Robotics, UAV, AR/VR, Automotive), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the SLAM market is projected to reach USD 465 million by 2023 from USD 101 million in 2018, at a CAGR of 35.77% during the forecast period. Major drivers for the market's growth are the advancements in visual SLAM algorithm, growth of SLAM in augmented reality (AR), and growing demand for self-locating robotics in homes and enterprises; limitation of SLAM in dynamic environments is the major restraint to its growth.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Don't miss out on business opportunities in Simultaneous Localization and Mapping Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=17638387

EKF SLAM expected to hold largest market share during forecast period 

EKF SLAM held the largest share of the SLAM market due to its ability to handle nonlinear systems, which made it suitable for a wide array of applications that cannot be modeled by linear state transitions. EKF SLAM has been in use for the past 2 decades and is still used in existing SLAM applications, such as robot mapping and autonomous cars.

2D SLAM to hold largest market share during forecast period 

2D SLAM is expected to continue commanding a larger share of the market than 3D SLAM owing to its increasing use in domestic robots. For instance, in September 2018, ILIFE INNOVATION (China) launched A7, a new pro robot vacuum cleaner, worldwide on Amazon and AliExpress as a premium addition to its A-series robots.



Browse in-depth TOC on "Simultaneous Localization and Mapping Market"

46 - Tables  


46 - Figures  

127 - Pages  

North America expected to be largest SLAM market 

Increasing SLAM adoption for automation, coupled with expanding applications of UAVs, has led the path for the market's growth in the region. The reason for the dominance of the US in North America is its well-established economy, which allows for investments in new technologies.

Ask for PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=17638387

Key players in the SLAM market include Intel (US), Microsoft (US), Alphabet (US), Amazon Robotics (US), Apple (US), Clearpath Robotics (Canada), Aethon (US), The Hi-Tech Robotic Systemz (India), Facebook (US), Intellias (Ukraine), Magic Leap (US), Rethink Robotics (US), Skydio (US), Navvis (Germany), and Mobile Industrial Robots APS (Denmark).

Please Explore Relevant Reports: 

AI in Computer Vision Market by Component (Hardware, Software), Vertical (Automotive, Sports & Entertainment, Consumer, Robotics & Machine Vision, Healthcare, Security & Surveillance, Agriculture), and Region - Global Forecast to 2023

Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, Services), Technology (RFID, W-Fi, UWB, BLE), Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, and Geography - Global Forecast to 2023

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/simultaneous-localization-mapping-market.asp

Visit Our Web Site: https://www.marketsandmarkets.com


[ Back To TMCnet.com's Homepage ]







Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy