About SLAM Technology
SLAM technology is a technology that enables devices and robots to map its surrounding by setting up the orientation in real-time. It is basically used for localization and mapping, it collects the visual data from the physical world by using several sensors already installed in the device or robots. The SLAM technology also manages the inaccuracies that happened in the measurements by factoring in the 'noise'. It can be used in robots, unmanned aerial vehicles, autonomous vehicles, etc.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aethon Inc. (United States), Intel Corporation (United States), Clearpath Robotics, Inc. (Canada), Omron Corporation (Japan), Nidec-Shimpo Corporation, Fetch Robotics, Inc. (United States), Gestalt Robotics (Germany), KUKA (Germany), SLAMcore Limited (United Kingdom) and Vision Robotics Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global SLAM Technology market by , Application (Commercial, Household, Manufacturing and Logistics and Military) and Region.
On the basis of geography, the market of SLAM Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. LIDAR (Light Imaging Detection and Ranging) will boost the SLAM Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device, the sub-segment i.e. Robot will boost the SLAM Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sensor, the sub-segment i.e. Acoustic Sensor will boost the SLAM Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of SLAM Technology in Unmanned Aerial Vehicle and Emerging SLAM Technology Augmented and Virtual Reality in Manufacturing and Military Application
Market Growth Drivers:
Demand for Real-Time Navigation System and Growing Technological Advancement Across Various Industry
Challenges:
Stiff Competition in the SLAM Technology Market along with regulatory Compliances with SLAM Technology
Restraints:
High Cost Associated with Implementation of SLAM Technology
Opportunities:
Increasing Robotics and Automation Projects will Boost the SLAM Technology Market and Surging Demand for Autonomous Vehicle Around the World
On 5th August 2020, Nidec-Shimpo Corporation announced the launch of a new addition to its S-CART brand of automated guided vehicles (AGV). The new AGV—dubbed the S-CART-V—is outfitted with a vision-based navigation system1 that utilizes Visual SLAM2 technology developed by Canon Inc. ("Canon"). The first model in the S-CART-V series—the first AGV in the industry to rely on vision-based navigation—will be based on the 100 kg payload version of the original S-CART, but Nidec-Shimpo plans to continue launching additional models with visual-based navigation
Key Target Audience
SLAM Technology Providers, SLAM Technology Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.