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SLAM Technology Market By Offering (2D SLAM & 3D SLAM), By Type (EKF SLAM, Fast SLAM, Graph-Based SLAM & Others), By Application (Robotics, UAV,AR/VR, Automotive, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026

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Global SLAM Technology Market Size, Share

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Industry Insights

[215+ Pages Report] The latest report titled “Global SLAM Technology Market” published by Facts & Factors encompasses the spectacle of the market in an analytical and comprehensive manner. In this study, the global SLAM Technology Market is projected to value around USD 435 Million in the year 2026 from an initial value of USD 103 Million in the year 2020 at a CAGR value of 29.7%.

logoMarket Overview

SLAM technology or simultaneous localization and mapping is the computation simulation of construction or deconstruction a topographical area of an unknown environment while simultaneously keeping the location of the user updated within the boundaries. These algorithms are based on concepts that are often integrated from computational geometry and computer vision and are often used in robot based navigation, robotic mapping, and odometry for a wider range of virtual reality or augmented reality based problems.

logoIndustry Growth Factors

The global SLAM technology market is expected to witness a higher growth rate during the forecast period owing to increased adoption of UAV based application coupled with rising prevalence of mapping based technology to name a few. Additionally, increasing adoption of SLAM based simulation from various sectors such as automotive and construction coupled with rising functionality of the latter technology which helps in complex navigational issues will increase the footprint of the global SLAM technology market during the forecast period. Moreover, escalating demand of self-robotics coupled with rising number of virtual reality based applications are expected to open new revenue opportunities for the global SLAM technology market during the forecast period.

The global SLAM technology market is expected to be driven by rising demands from commercial, household, and autonomous vehicles to name a few. However, a higher cost of implantation and complex technological measures are expected to hinder the growth of the global SLAM technology market during the forecast period.

logoSegmentation Analysis

The global SLAM technology market is segmented intooffering, type, application, and region.

On the basis of offering, the global SLAM technology market is divided into2D SLAM and 3D SLAM. The segment pertaining to 2D SLAM is expected to witness the largest market share during the advent of the forecast owing to the rising use case in domestic robotic based applications coupled with increasing applications arising from location tracking and depth data sources to name a few. On the basis of type, the global SLAM technology market is broken down into EKF SLAM, fast SLAM, graph-based SLAM, and others. The  fast SLAM segment is expected to witness the largest market share during the advent of the forecast owing to increased benefits of the latter over its counterparts in terms of its ability to completely reverse distribution coupled with increased functionality of landmark distribution and redistribution of automotive routes to name a few. On the basis of application, the global SLAM technology market is fragmented intorobotics, UAV, AR/VR, automotive, and others. The segment pertaining to AR/VR is expected to witness the largest market share during the advent of the forecast owing to increasing middle-class population, rising disposable income, and advancements in SLAM technology pertaining to improving mapping accuracy and flexibility from cloud services to name a few.

logo Report Scope

Report Attribute

Details

Market Size in 2020

USD 103 Million

Projected Market Size in 2026

USD 435 Million

CAGR Growth Rate

29.7% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Apple, Inc., Microsoft Corporation, Facebook, Inc., Alphabet, Inc., Aethon, Inc., Fetch Robotics, Inc., Intel Corporation and Others

Key Segments

Offerings, Types, Applications, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

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logo Regional Analysis

North America is expected to witness the largest market share during the advent of the forecast owing to increasing SLAM adoption rate from its inception period coupled with expanding list of UAV technology. Additionally, a well-established economy coupled with rising presence of key market players in the region is expected to increase the footprint of the SLAM technology market during the forecast period. Rising technological propensities in the sector coupled with increasing automation measures in household machinery is expected to boost the SLAM technology market during the forecast period. The region of Asia-Pacific is expected to witness a substantial amount of market share during the forecast period owing to rising scanning measures, increasing adoption of UAV vehicles, and rising spending onhousehold technology to name a few.

logo Competitive Players

The key market participants for the global SLAM technology market are Apple, Inc., Microsoft Corporation, Facebook, Inc., Alphabet, Inc., Aethon, Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics, Skydio, Inc., Clearpath Robotics, Inc., The Hi-Tech Robotic Systemz, Intellias, Rethink Robotics, NavVis, and Mobile Industrial Robots ApS, among others.

logo By Offering Segment Analysis

  • 2D SLAM
  • 3D SLAM

logo By Type Segment Analysis

  • EKF SLAM
  • Fast SLAM
  • Graph-Based SLAM
  • Others

logo By Application Segment Analysis

  • Robotics
  • UAV
  • AR/VR
  • Automotive
  • Others

Covid-19

SLAM Technology Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Apple Inc.
  • Microsoft Corporation
  • Facebook Inc.
  • Alphabet Inc.
  • Aethon Inc.
  • Fetch Robotics Inc.
  • Intel Corporation
  • Amazon Robotics
  • Skydio Inc.
  • Clearpath Robotics Inc.
  • The Hi-Tech Robotic Systemz
  • Intellias
  • Rethink Robotics
  • NavVis
  • Mobile Industrial Robots ApS

Frequently Asked Questions

The governing factors that are responsible for the extensive growth of the global SLAM technology market are increased adoption of UAV based application coupled with rising prevalence of mapping based technology to name a few.
According to Facts & Factors, global demand for SLAM technology market is expected to generate revenue of around USD 435 Million by end of 2026, growing at a CAGR of around 29.7% between 2021 and 2026.
North America is expected to witness the largest market share during the advent of the forecast are increasing SLAM adoption rate from its inception period coupled with expanding list of UAV technology to name a few.
The key participants in the global SLAM technology market are Apple, Inc., Microsoft Corporation, Facebook, Inc., Alphabet, Inc., Aethon, Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics, Skydio, Inc., Clearpath Robotics, Inc., The Hi-Tech Robotic Systemz, and Intellias, among others.
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