Robot Operating System Market Size, Share, Industry Report and Growth Drivers - 2028

Posted by Steve Stark on August 29th, 2023

The robot Operating System market is valued at USD 581 million in 2023 and is projected to reach USD 1,082 million by 2028, growing at a CAGR of 13.2% from 2023 to 2028. The increasing adoption of robot operating system in the automotive industry, are among factors that contribute to the growth of the market.

Autonomous Mobile robots to record a highest CAGR during the forecast period.

Autonomous mobile robots (AMRs) are robotic systems that have the capacity of navigating and operating in changing environments without constant human intervention. These robots are equipped with sensors, perception capabilities, and decision-making algorithms that enable them to perceive and interpret their surroundings, plan their actions, and navigate autonomously to perform tasks. Robot operating system is widely used in the development of autonomous mobile robots due to its flexibility, modularity, and extensive set of tools and libraries. Few of the applications of robot operating system in autonomous mobile robots are sensing and perception, location and mapping, communication and coordination, simulation and testing among others.

Healthcare segment to showcase significant market growth during the forecast period.

Robot operating system in healthcare provides a common and open system with which hospitals can interconnect, monitor, command, and simulate thousands of robots and other devices, which are already being used in modern hospitals. Robotics improve operational efficiencies by taking over administrative or repetitive clinical tasks, such as monitoring patient vital statistics and logging patient data into the Electronic Health Record (EHR) and surgical precision.As the demand for new drugs and medicines is growing, pharmaceutical companies are continuously looking for new ways to increase productivity, leading to an increased reliance on automated equipment and robotics.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19870751

Robot operating system market in Asia Pacific estimated to grow at the fastest rate during the forecast period.

Asia Pacific is expected to have highest CAGR during the forecast period. The rising costs of labor in the Asia Pacific region caused SME industries to start integrating robots in their manufacturing processes to make operations more efficient and cost-effective, hence increase in growth rate during the forecast period.

Key Market Players In the robot operating system companies, key and emerging market players include ABB Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Denso (Japan), Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), Clearpath Robots (Canada), iRobot Corporation (US).