Global Robot Operating System Market
Global Robot Operating System Market was valued at USD 308.98 Mn in 2019 and is expected to reach ta USD 648.01 Mn by 2027 at a CAGR of 9.7% over forecast period 2020-2027.
The report covers an in depth analysis of COVID 19 pandemic impact on Global Robot Operating System Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Robot Operating System Market Dynamics:
The Robot Operating System (ROS) is a flexible framework for writing robot software. It is a collection of tools, libraries, and conventions that aim to simplify the task of creating complex and robust robot behaviour across a wide variety of robotic platforms. Various factors such as rising R&D funds for industry automation, increasing implementation of collaborative modular robots, growing participation of SMES in developing countries, increasing demand for robotics-as-a-service model and rising adoption of low-cost industrial robots are driving the market growth over forecast period. Moreover, an increasing demand for robotics-as-a-service model and rising adoption of low-cost industrial robots are expected to create lucrative opportunities over forecast period.
However, factors such as complex design of modular robots & controlling electronics, and high installation cost of low-volume production applications are restraining the market growth over forecast period.
Global Robot Operating System Market segmented by Robot Type, by Application, by End User and by Region. By robot type, collaborative robots segment held 27.79% of market share in 2019 and is expected to keep its dominance over forecast period. Collaborative robots, are robots intended to interact with humans in a shared space or to work safely in close proximity. Cobots stand in contrast to traditional industrial robots which are designed to work autonomously with safety assured by isolation from human contact. The safety features and the benefits of collaborative robots (Cobot’s) over the others to perform certain light-duty tasks, is driving the adoption of collaborative robots across the robot operating system market.
|Related Link: Click here to visit item owner's website (0 hit)|
|Target Prov.: All Provinces|
Target City : pune
Last Update : Jul 10, 2020
Number of Views: 9
|Item Owner : manisha|
Contact Phone: +919607195908
|Friendly reminder: Click here to read some tips.|