PUBLISHER: Allied Market Research | PRODUCT CODE: 1414978
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414978
According to a new report published by Allied Market Research, titled, "Robot Operating System Market," The robot operating system market was valued at $464.64 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 12% from 2022 to 2031.
The robot operating systems industry has experienced significant growth in recent years, driven by the rapid advancements in robotics technology, increased demand for automation across industries, and the widespread adoption of ROS as a key tool for developing robotic applications. This industry primarily deals with providing a software framework and ecosystem for the development of robotic applications. ROS is not an operating system in the traditional sense but rather an open-source middleware framework that streamlines the development of robotic software. In addition, the inclusion of robot operating systems in robotics research and development is made easier by these criteria for researchers and developers. Therefore, automation adoption, technical innovation, and increased levels of automation are projected to propel the growth of the robot operating systems market all over the world.
The rise in adoption of automation in the industrial sector, along with the increase in adoption of ROS by manufacturers, especially in developing economies, are some of the important factors that boost the global robot operating system market across the globe. Furthermore, the surge in demand for collaborative modular robots is a significant factor anticipated to fuel the expansion of the robot operating system market during the forecast period. However, factors such as the high maintenance and installation cost of robots are expected to hamper the market growth. On the contrary, an increase in the adoption of robots as a service (RaaS) is expected to provide a lucrative opportunity to boost the growth of the market around the world.
The robot operating system market is segmented on the basis of robot type, application, industry vertical, and region. By robot type, the market is classified into SCARA robots, articulated robots, parallel robots, collaborative robots, and others. By application, the market is segregated into plastic injection and blow molding, pick and place, testing and quality inspection, PCB handling and ICT, metal stamping and press tending, CNC machine tending, co-packing, and end-of-line packaging. As per industry vertical, the market is divided into electrical and electronics, metal and machinery, food and beverages, healthcare, automotive, rubber and plastic, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global robot operating systems market is dominated by key players such as Kuka AG, Fanuc Corporation, Yaskawa Electric Corp., Microsoft Corporation, Omron Corporation, Clearpath Robotics, iRobot Corporation, ABB Ltd., Denso Corporation, and Universal Robotics. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.