SLAM Technology Market Size , Analysis by Key Players Worth USD 1,829.4 Million by 2027

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Market Size – USD 149.6 Million in 2019, Market Growth – CAGR of 38.5%, Market Trends – The rise in the autonomous vehicle’s adoption.

VANCOUVER, BRITISH COLUMBIA, CANADA, May 9, 2023 /EINPresswire.com/ — The latest report, titled ‘Global SLAM Technology Market ,’ comprises a profound analysis of the fundamental parameters contributing to the global SLAM Technology market scenario. The research report provides the reader with an in-depth interpretation of the SLAM Technology market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall SLAM Technology industry. The market intelligence report is a prototype of the 360° overview of the global SLAM Technology industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The global SLAM Technology Market is forecasted to be worth USD 1,829.4 Million by 2027, according to a current analysis by Emergen Research. The global simultaneous localization and mapping (SLAM) technology market is forecasted to grow significantly, owing to UAV applications’ rising adoption. The growing prevalence of mapping technology is anticipated to further propel the market growth over the forecasted timeframe. Besides, the rapid adoption of autonomous vehicles worldwide is also expected to augment the market over the forecasted timeline.

The expensive setup cost of this technology and raising issues for security of the system is anticipated to hinder the market growth over the forecasted timeframe.

Download a sample report to get a detailed overview of the report: @ https://www.emergenresearch.com/request-sample/389

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global SLAM Technology market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global SLAM Technology market and pinpoint the fundamental growth trends.

Leading companies profiled in the report are:

Apple Inc., Microsoft Corporation, Facebook, Inc., Alphabet Inc., Aethon Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics (Kiva Systems), Skydio, Inc., Clearpath Robotics, Inc.

Some Key Highlights from the Report
In August 2020, Mobeewave was acquired by Apple Inc. Apple put itself in competition with Jack Dorsey’s Square, which was a pioneer in mobile and tablet payment technologies, with the deal. Also, Apple will deliver fast, simple payments without any other apps by integrating Mobeewave ‘s technology.

The largest market over the forecast timeline is accounted for by the 2D segment due to SLAM technology wide utilization in industrial robotics.

Over the forecast timeline, the robotics segment is anticipated to hold the largest market with a CAGR of 38.6% due to SLAM technology’s extensive use in many robotics applications for accurate outdoor and indoor location tracking.

Over the forecasted timeframe, the mining industry is likely to hold the largest market. The factors driving the market growth comprise a notable increase in the substantial level of risk control and risk reduction accomplished by integrating SLAM technologies.

In the forecast period, North America will lead the market. Higher spending on robotic systems, the rising implementation of Augmented reality, and the presence of significant players in the market are boosting the region’s market development.
Key Parameters Analyzed in This Section:

Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Key Points Covered in This Section:

Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate

Browse the Complete Research Report – Industry Analysis, Size, Share, Growth, Trends @ https://www.emergenresearch.com/industry-report/slam-technology-market

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Segment Analysis:

Type Outlook (Revenue, USD Million; 2017-2027)
Graph-Based
Extended Kalman Filter
Fast

Offering Outlook (Revenue, USD Million; 2017-2027)
2D
3D

Application Outlook (Revenue, USD Million; 2017-2027)
UAV
Autonomous Vehicle
Robotics
Augmented Reality
Virtual Reality
Others

Regional Segmentation:

North America
Latin America
Europe
Middle East & Africa
Asia Pacific

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Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.

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