Market Research Report

A quick peek into the report

1.1 Overview
1.2 Market Drivers
1.2.1 Growing Usage of SLAM Technology in Augmented Reality (AR) Applications
1.2.2 Emergence of New Digital Technologies Such as Automation and Artificial Intelligence
1.2.3 Rising Demand for Service Robot for Domestic Applications
1.3 Market Challenges
1.3.1 Technical Complexities in the Implementation of SLAM
1.4 Market Opportunities
1.4.1 Increase in Demand for Autonomous Drones for BVLOS Operations
1.4.2 Emergence of Self-Driven Vehicles
1.5 Market Dynamics: Impact Analysis

2.1    Key Developments and Strategies
                  2.1.1    Overview
                  2.1.2    Share of Key Business Strategies
                  2.1.3    Product Launches and Developments
                  2.1.4    Partnerships, Collaborations, and Joint Ventures
                  2.1.5    Mergers and Acquisitions
                  2.1.6    Others
2.2    Competitive Benchmarking

3.1 SLAM Technology Outlook
3.1.1 Evolution of SLAM Technology
3.1.2 Implementation of SLAM Technology in Various Platforms
3.2 Comparative Analysis Between SLAM and Other Technologies
3.2.1 SLAM vs GPS Technology
3.2.2 SLAM vs Marker-Based Technology
3.3 Future Applications: Role of SLAM Technology
3.3.1 Unmanned Underwater Vehicle
3.3.2 Virtual Reality Technology
3.3.3 Space Robots
3.4 Patent Analysis
3.5 Product Assortment and Pricing Analysis
3.6 Startups and Funding Scenario
3.7 Value Chain Analysis
3.8 Industry Attractiveness
3.8.1 Threat of New Entrants
3.8.2 Threat of Substitutes
3.8.3 Bargaining Power of Suppliers
3.8.4 Bargaining Power of Buyers
3.8.5 Intensity of Competitive Rivalry

4.1 Assumptions and Limitations
4.2 Market Overview

5.1 Market Overview
5.2 2D SLAM
5.3 3D SLAM

6.1 Market Overview
6.2 Extended Kalman Filter (EKF)
6.3 Graph-Based SLAM
6.4 FastSLAM
6.5 Others

7.1 Market Overview
7.2 Robots
7.3 UAVs
7.4 Augmented Reality
7.5 Autonomous Vehicles

8.1 Market Overview
8.2 Robots (by End User)
8.2.1 Commercial
8.2.2 Household
8.2.3 Manufacturing and Logistics
8.2.4 Military
8.3 UAVs (by End User)
8.3.1 Commercial
8.3.2 Household
8.3.3 Manufacturing and Logistics
8.3.4 Military
8.4 Augmented Reality (by End User)
8.4.1 Commercial
8.4.2 Household
8.4.3 Manufacturing and Logistics
8.4.4 Military
8.5 Autonomous Vehicles (by End User)
8.5.1 Passenger Vehicles
8.5.2 Commercial Vehicle

9.1 Market Overview
9.2 North America
9.2.1 North America Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform)
9.2.2 North America Simultaneous Localization and Mapping (SLAM) Technology Market (by Country)
9.2.2.1 U.S.
9.2.2.2 Canada
9.3 Europe
9.3.1 Europe Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform)
9.3.2 Europe Simultaneous Localization and Mapping (SLAM) Technology Market (by Country)
9.3.2.1 U.K.
9.3.2.2 Germany
9.3.2.3 France
9.3.2.4 Russia
9.3.2.5 Rest-of-Europe
9.4 Asia-Pacific
9.4.1 Asia-Pacific Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform)
9.4.2 Asia-Pacific Simultaneous Localization and Mapping (SLAM) Technology Market (by Country)
9.4.2.1 China
9.4.2.2 India
9.4.2.3 South Korea
9.4.2.4 Japan
9.4.2.5 Rest-of-Asia-Pacific
9.5 Rest-of-the-World
9.5.1 Rest-of-the-World Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform)
9.5.2 Rest-of-the-World Simultaneous Localization and Mapping (SLAM) Technology Market (by Country)
9.5.2.1 Middle East and Africa (MEA)
9.5.2.2 Latin America

10.1 Aethon Inc.
10.1.1 Company Overview
10.1.2 Role of Aethon SA in the Global SLAM Technology Market
10.1.3 SWOT Analysis
10.2 Amazon Robotics LLC
10.2.1 Company Overview
10.2.2 Role of Amazon Robotics in Global SLAM Technology Market
10.2.3 Overall Financials
10.2.4 SWOT Analysis
10.3 Apple Inc.
10.3.1 Company Overview
10.3.2 Role of Apple Inc. in Global SLAM Technology Market
10.3.3 Overall Financials
10.3.4 SWOT Analysis
10.4 Ascending Technologies GmbH
10.4.1 Company Overview
10.4.2 Role of Ascending Technologies GmbH in Global SLAM Technology Market
10.4.3 SWOT Analysis
10.5 Clearpath Robotics Inc.
10.5.1 Company Overview
10.5.2 Role of Clearpath Robotics Inc. in Global SLAM Technology Market
10.5.3 SWOT Analysis
10.6 DIBOTICS
10.6.1 Company Overview
10.6.2 Role of DIBOTICS in Global SLAM Technology Market
10.6.3 SWOT Analysis
10.7 Fetch Robotics, Inc.
10.7.1 Company Overview
10.7.2 Role of Fetch Robotics Inc. in Global SLAM Technology Market
10.7.3 SWOT Analysis
10.8 GeoSLAM
10.8.1 Company Overview
10.8.2 Role of GeoSLAM in Global SLAM Technology Market
10.8.3 SWOT Analysis
10.9 Gestalt Robotics GmbH
10.9.1 Company Overview
10.9.2 Role of Gestalt Robotics GmbH in Global SLAM Technology Market
10.9.3 SWOT Analysis
10.10 Google LLC (Alphabet Inc.)
10.10.1 Company Overview
10.10.2 Role of Alphabet Inc. in Global SLAM Technology Market
10.10.3 Overall Financials
10.10.4 SWOT Analysis
10.11 KUKA AG
10.11.1 Company Overview
10.11.2 Role of KUKA AG in Global SLAM Technology Market
10.11.3 Overall Financials
10.11.4 SWOT Analysis
10.12 Locus Robotics
10.12.1 Company Overview
10.12.2 Role of Locus Robotics in Global SLAM Technology Market
10.12.3 SWOT Analysis
10.13 Mobile Industrial Robots ApS
10.13.1 Company Overview
10.13.2 Role of Mobile Industrial Robots ApS in Global SLAM Technology Market
10.13.3 SWOT Analysis
10.14 Navvis
10.14.1 Company Overview
10.14.2 Role of Navvis in Global SLAM Technology Market
10.14.3 SWOT Analysis
10.15 Omron Adept
10.15.1 Company Overview
10.15.2 Role of Omron Adept in Global SLAM Technology Market
10.15.3 Overall Financials
10.15.4 SWOT Analysis
10.16 Parrot SA
10.16.1 Company Overview
10.16.2 Role of Parrot SA in Global SLAM Technology Market
10.16.3 Overall Financials
10.16.4 SWOT Analysis
10.17 SLAMcore Limited
10.17.1 Company Overview
10.17.2 Role of SLAMcore Limited in Global SLAM Technology Market
10.17.3 SWOT Analysis
10.18 SMP Robotics
10.18.1 Company Overview
10.18.2 Role of SMP Robotics in Global SLAM Technology Market
10.18.3 SWOT Analysis
10.19 The Hi-Tech Robotic Systemz
10.19.1 Company Overview
10.19.2 Role of The Hi-Tech Robotic Systemz in Global SLAM Technology Market
10.19.3 SWOT Analysis
10.20 Vision Robotics Corporation
10.20.1 Company Overview
10.20.2 Role of Vision Robotics Corporation in Global SLAM Technology Market
10.20.3 SWOT Analysis
10.21 Wikitude GmbH
10.21.1 Company Overview
10.21.2 Role of Wikitude GmbH sin Global SLAM Technology Market
10.21.3 SWOT Analysis
10.22 Other Key Players
10.22.1 Accuware
10.22.2 AI Incorporated
10.22.3 Augmented Pixels
10.22.4 Clove Technologies (P) Ltd.
10.22.5 Ceva Inc.
10.22.6 MAXST Co., Ltd.
10.22.7 PointKnown
10.22.8 Plus AI Inc.
10.22.9 Vision Dynamix LLT
10.22.10 Terabee
10.22.11 List of Other Companies

11.1 Scope of the Report
11.2 Global Simultaneous Localization and Mapping (SLAM) Technology Market Research Methodology

12.1 Related Reports

Table 1.1: Market Dynamics: Impact Analysis
Table 2.1: Some of the Organic and Inorganic Growth Strategies Adopted by the Key Players
Table 3.1: Comparative Analysis Between SLAM and GPS
Table 3.2: Comparative Analysis Between SLAM and Marker-Based Technology
Table 3.3: Patent Analysis: SLAM Using Multiple View Feature Descriptors
Table 3.4: Patent Analysis: Sensor-Based Camera Motion Detection For Unconstrained SLAM
Table 3.5: Patent Analysis: Systems And Methods For VSLAM Optimization
Table 3.6: Patent Analysis: Monocular Visual SLAM With General And Panorama Camera Movements
Table 3.7: Patent Analysis: Scaling Vector Field SLAM to Large Environments
Table 3.8: Leading Manufacturers Product Offerings
Table 3.9: SLAM Technology Startups and Funding Scenario, 2015-2019
Table 5.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Mapping), $Million, 2019-2030
Table 6.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Type), $Million, 2019-2030
Table 7.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform), $Million, 2019-2030
Table 9.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Region), $Million, 2019-2030

Figure 1: Global Simultaneous Localization and Mapping (SLAM) Technology Market, Value ($Million), 2019-2030
Figure 2: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform), $Million, 2019-2030
Figure 3: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Mapping), $Million, 2019-2030
Figure 4: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Type), $Million, 2019-2030
Figure 5: Global Simultaneous Localization and Mapping (SLAM) Technology (by Region), $Million, 2019
Figure 1.1: Market Dynamics
Figure 1.2: Estimated Value of Service Robots Used for Domestic Tasks
Figure 2.1: Percentage Share of Strategies Adopted by the Market Players, January 2017-December 2019
Figure 2.2: Product Launches and Developments Share (by Company), January 2017-December 2019
Figure 2.3: Partnerships, Collaborations, and Joint Ventures Share (by Company), January 2017-December 2019
Figure 2.4: Mergers and Acquisitions Share (by Company), January 2017-December 2019
Figure 2.5: Funding and Awards (by Company) January 2017-December 2019
Figure 2.6: Competitive Benchmarking: Global Simultaneous Localization and Mapping (SLAM) Technology Market
Figure 3.1: Evolution of SLAM Technology
Figure 3.2: SLAM Technology Startups and Funding Scenario, 2015-2018
Figure 3.3: Value Chain Analysis
Figure 3.4: SLAM Technology Market: Porter’s Five Forces
Figure 3.5: Threat of New Entrants
Figure 3.6: Threat of Substitute
Figure 3.7: Bargaining Power of Suppliers
Figure 3.8: Bargaining Power of Buyers
Figure 3.9: Intensity of Competitive Rivalry
Figure 4.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market, 2019-2030
Figure 5.1: Classification of SLAM Technology Market (by Mapping)
Figure 5.2: Global Simultaneous Localization and Mapping (SLAM) Technology Market for 2D SLAM, $Million, 2019-2030
Figure 5.3: Global Simultaneous Localization and Mapping (SLAM) Technology Market for 3D SLAM, $Million, 2019-2030
Figure 6.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Type)
Figure 6.2: Global Simultaneous Localization and Mapping (SLAM) Technology Market for EKF, $Million, 2019-2030
Figure 6.3: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Graph-Based SLAM, $Million, 2019-2030
Figure 6.4: Global Simultaneous Localization and Mapping (SLAM) Technology Market for FastSLAM, $Million, 2019-2030
Figure 6.5: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Others, $Million, 2019-2030
Figure 7.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by Platform)
Figure 7.2: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Robots, $Million, 2019-2030
Figure 7.3: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs, $Million, 2019-2030
Figure 7.4: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Augmented Reality, $Million, 2019-2030
Figure 7.5: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Autonomous Vehicles, $Million, 2019-2030
Figure 8.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market (by End User)
Figure 8.2: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Robots (Commercial), $Million, 2019-2030
Figure 8.3: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Robots (Household), $Million, 2019-2030
Figure 8.4: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Robots (Manufacturing and Logistics), $Million, 2019-2030
Figure 8.5: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Robots (Military), $Million, 2019-2030
Figure 8.6: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Commercial), $Million, 2019-2030
Figure 8.7: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Household), $Million, 2019-2030
Figure 8.8: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Manufacturing and Logistics), $Million, 2019-2030
Figure 8.9: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Military), $Million, 2019-2030
Figure 8.10: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Commercial), $Thousand, 2019-2030
Figure 8.11: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Household), $Thousand, 2019-2030
Figure 8.12: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Manufacturing and Logistics), $Thousand, 2019-2030
Figure 8.13: Global Simultaneous Localization and Mapping (SLAM) Technology Market for UAVs (Military), $Million, 2019-2030
Figure 8.14: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Autonomous Vehicles (Passenger Vehicles), $Million, 2019-2030
Figure 8.15: Global Simultaneous Localization and Mapping (SLAM) Technology Market for Autonomous Vehicle (Commercial Vehicle), $Million, 2019-2030
Figure 9.1: Classification of Simultaneous Localization and Mapping (SLAM) Technology Market (by Region)
Figure 9.2: North America Simultaneous Localization and Mapping (SLAM) Technology Market, $Million, 2019-2030
Figure 9.3: North America Simultaneous Localization and Mapping (SLAM) Technology Market by Platform, $Million, 2019-2030
Figure 9.4: U.S. Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.5: Canada Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.6: Europe Simultaneous Localization and Mapping (SLAM) Technology Market, $Million, 2019-2030
Figure 9.7: Europe Simultaneous Localization and Mapping (SLAM) Technology Market by Platform, $Million, 2019-2030
Figure 9.8: The U.K. Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.9: Germany Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.10: France Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.11: Russia Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.12: Rest-of-Europe Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.13: Asia-Pacific Simultaneous Localization and Mapping (SLAM) Technology Market, $Million, 2019-2030
Figure 9.14: Asia-Pacific Simultaneous Localization and Mapping (SLAM) Technology Market by Platform, $Million, 2019-2030
Figure 9.15: China Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.16: India Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.17: South Korea Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.18: Japan Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.19: Rest-of-Asia-Pacific Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.20: Rest-of-the-World Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.21: Rest-of-the-World Simultaneous Localization and Mapping (SLAM) Technology Market by Platform, $Thousand, 2019-2030
Figure 9.22: Middle East and Africa Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 9.23: Latin America Simultaneous Localization and Mapping (SLAM) Technology Market Size, $Million, 2019-2030
Figure 10.1: Share of Key Company Profiles
Figure 10.2: SWOT Analysis – Aethon Inc.
Figure 10.3: Amazon.com Inc., – Overall Financials, 2016-2018
Figure 10.4: Amazom.com, Inc. – Revenue by Business Segment, 2016-2018
Figure 10.5: Amazom.com, Inc. – Net Revenue by Region, 2016-2018
Figure 10.6: Amazon.com, Inc. – Research and Development Expenditure
Figure 10.7: SWOT Analysis – Amazon.com, Inc.
Figure 10.8: Apple Inc., – Overall Financials, 2016-2018
Figure 10.9: Apple, Inc. – Revenue by Business Segment, 2016-2018
Figure 10.10: Apple Inc. – Net Revenue by Region, 2016-2018
Figure 10.11: Apple Inc. – Research and Development Expenditure
Figure 10.12: SWOT Analysis – Apple Inc.
Figure 10.13: SWOT Analysis – Ascending Technologies GmbH
Figure 10.14: SWOT Analysis – Clearpath Robotics Inc.
Figure 10.15: SWOT Analysis – DIBOTICS
Figure 10.16: SWOT Analysis – Fetch Robotics
Figure 10.17: SWOT Analysis – GeoSLAM
Figure 10.18: SWOT Analysis – Gestalt Robotics GmbH
Figure 10.19: Alphabet Inc. – Overall Financials, 2016-2018
Figure 10.20: Alphabet Inc. – Revenue by Business Segment, 2016-2018
Figure 10.21: Alphabet Inc. – Net Revenue by Region, 2016-2018
Figure 10.22: Alphabet Inc. – Research and Development Expenditure
Figure 10.23: SWOT Analysis – Alphabet Inc.
Figure 10.24: KUKA AG – Overall Financials, 2016-2018
Figure 10.25: KUKA AG – Revenue by Business Segment, 2016-2018
Figure 10.26: KUKA AG – Net Revenue by Region, 2016-2018
Figure 10.27: KUKA AG – Research and Development Expenditure
Figure 10.28: SWOT Analysis – KUKA AG
Figure 10.29: SWOT Analysis – Locus Robotics.
Figure 10.30: SWOT Analysis – Mobile Industrial Robots ApS
Figure 10.31: SWOT Analysis – Navvis
Figure 10.32: Omron Adept – Overall Financials, 2016-2018
Figure 10.33: Omron Adept – Revenue by Business Segment, 2016-2018
Figure 10.34: Omron Adept – Net Revenue by Region, 2016-2018
Figure 10.35: Omron Adept – Research and Development Expenditure
Figure 10.36: SWOT Analysis – Omron Adept
Figure 10.37: Parrot Drones S.A.S - Overall Financials, 2015-2017
Figure 10.38: Parrot Drones S.A.S - Business Revenue Mix, 2016-2017
Figure 10.39: Parrot Drones S.A.S - Business Revenue Mix, 2015
Figure 10.40: Parrot Drones S.A.S - Region Revenue Mix, 2016 and 2017
Figure 10.41: Parrot Drones S.A.S – Research and Departure Expenditure, 2015-2017
Figure 10.42: SWOT Analysis – Parrot SA
Figure 10.43: SWOT Analysis – SLAMcore Limited
Figure 10.44: SWOT Analysis – SMP Robotics
Figure 10.45: SWOT Analysis – The Hi-Tech Robotic Systemz
Figure 10.46: SWOT Analysis – Vision Robotics Corporation
Figure 10.47: SWOT Analysis – Wikitude GmbH
Figure 11.1: Global Simultaneous Localization and Mapping (SLAM) Technology Market Segmentation
Figure 11.2: Simultaneous Localization and Mapping (SLAM) Technology Market Research Methodology
Figure 11.3: Data Triangulation
Figure 11.4: Top-Down and Bottom-Up Approach
Figure 11.5: Simultaneous Localization and Mapping (SLAM) Market Influencing Factors
Figure 11.6: Assumptions and Limitations

Report Description

Scope of the Global SLAM Technology Market

The SLAM technology market research provides detailed market information for segmentation on the basis of by type, platform, mapping, and end user, and region. The purpose of this market analysis is to examine the SLAM technology market outlook in terms of factors driving the market, market trends, technological developments, and competitive benchmarking, among other aspects.

The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contribution of the key players operating in the market.

Global SLAM Technology Market Segmentation

While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the different platforms, which includes robots, UAVs, autonomous vehicles and, augmented reality, wherein the SLAM technology is used.

The SLAM technology market is segregated by region under four major regions, namely North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions by country is also provided.

Key Companies in the Global SLAM Technology Industry

The key market players in the global SLAM technology market include Amazon Robotics, Clearpath Robotics, Fetch Robotics, Hi-Tech Robotic Systemz, Locus Robotics, Mobile Industrial Robots, NavVis Precision, Omron Adept, SMP Robotics, Vecna, SLAMCore, Wikitude, Dibotics, Gestalt Gmbh, and VisionRobotics.

Key Questions Answered in this Report

•   What are the trends in the global SLAM technology market across different regions?
•   What are the major driving forces that tend to increase the demand for the global SLAM technology market during the forecast period 2020-2030?
•   What are the major challenges inhibiting the growth of the global SLAM technology market?
•   What was the total revenue generated in the global SLAM technology market in 2019, and what are the estimated values for the period 2020-2030?
•   Which SLAM technology mapping (2D SLAM and 3D SLAM) is expected to dominate the global SLAM technology market during the forecast period 2020-2030?
•   Which SLAM technology platform (robot, UAV, autonomous vehicle, and augmented reality) is expected to dominate the global SLAM technology market during the forecast period 2020-2030?
•   Which SLAM technology end user (commercial, household, manufacturing and logistics, and military) is expected to dominate the global SLAM technology market during the forecast period 2020-2030?
•   What was the total revenue generated by the global SLAM technology market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, and what are the estimates by 2030?
•   Which are the key players in the global SLAM technology market, and what are the new strategies adopted by them to make a mark in the industry?
•   What major opportunities do the SLAM technology companies foresee in the next five years?
•   What is the competitive strength of the key leading players in the SLAM technology market?

Market Overview

Global SLAM Technology Market Forecast, 2020-2030

The SLAM technology industry analysis by BIS Research projects the market to grow at a significant CAGR of 49.41% on the basis of revenue during the forecast period from 2020 to 2030. Europe dominated the global SLAM market with a share of 37% in 2019. North America, including the major countries, such as the U.S. and Canada, is another prominent region for the SLAM technology market.

The SLAM technology market is currently witnessing a high growth rate owing to the growing usage for the SLAM technology for augmented reality (AR) applications, rise of new digital technologies such as automation and artificial intelligence, and rising demand for service robot for domestic applications.

However, technical complexities in the implementation of SLAM act as major challenges for the market. The increase in the demand for autonomous drones for BVLOS operations and emergence of self-driven vehicles are expected to create viable opportunities for the global SLAM technology market.

Expert Quote

"The increasing demand for robots and drones with higher level of autonomy in different commercial application in future is anticipated to help in fueling the market for the SLAM technology.”