The growing demand for robotics services model is anticipated to be opportunistic for the robot operating system market
The global robot operating system market size is projected to reach USD 530 million by 2025. In addition, it is anticipated to gather a CAGR of nearly 9% over the forecast years 2018-2025. The robot operating system is a framework that comprises numerous tools and software that help in managing and developing a code to build a robot or run a particular project. The robot operating systems help developers in developing software rapidly which in turn drives the market growth.
The current and future robot operating system market advances are defined to state the attractiveness of the market. Key impacting aspects focus on the robot operating system of market opportunities during the forecast period. Factors such as the growing adoption of automation technologies and significantly growing investments are driving market growth. In addition, the growing integration of collaborative robots across numerous industry verticals is also boosting the global robot operating system market growth. However, the high initial installation costs are likely to hamper the market growth. Furthermore, the growing demand for robotics services model is anticipated to be opportunistic for the market.
The report also highlights various aspects of the global robot operating system industry by analyzing the market through value chain analysis. Besides, the robot operating system market report covers different qualitative aspects of the robot operating system industry in market drivers, key industry opportunities, and restraints. Furthermore, the report proposes a comprehensive valuation of the market competitiveness along with company profiling of residents as well as global vendors.
The robot operating system market has solid competition among the early established and new players. Also, to capture a competitive advantage over the other industry players many industry players are aiming potential markets by forming collaboration and partnerships, agreements, mergers & acquisitions, acquiring new startups & other companies, and escalating their business presence.
Based on the application, the market is segmented into testing and quality inspection, packaging, pick and place, information communication and technology, blow molding and plastic injection, and others. The information communication and technology segment accounted for the highest growth and it is expected to hold its position over the forecast period. The market growth in this segment is primarily attributed to the growing adoption of automation and advanced operating technologies across various industries. On the contrary, testing and quality inspection segments lead the market growth in 2019 and it is projected to hold its position during the forecast years.
The Asia-Pacific region is projected to accumulate the highest growth during the forecast period due to the increasing demand for automation and digital technologies among the developing countries in this region. However, the North American region dominated the overall market in 2019 and it is projected to keep its position throughout the forecast period 2018-2025. The dominance of this region is mainly attributed to the increasing investment by numerous industries in this technology due to its wide applications.
The major players of the global robot operating system market are Microsoft, Omron, iRobot, Rethink Robotics, Stanley Innovation, ABB, Yaskawa Electric, KUKA AG, FANUC, and Clearpath Robots. Moreover, the other prospective players in the robot operating system market are Cyberbotics, Husarion, and Universal Robotics. The robot operating system market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic solutions & services to stay competitive in the global market.
Segment Overview of Global Robot Operating System Market
Type Overview, 2018-2025 (USD Million)
- SCARA Robots
- Collaborative Robots
- Parallel Robots
- Articulated Robots
- Cartesian Robots
Application Overview, 2018-2025 (USD Million)
- Testing and Quality Inspection
- Pick and Place
- Information Communication and Technology
- Blow Molding and Plastic Injection
Industry Vertical Overview, 2018-2025 (USD Million)
- Food and Packaging
Regional Overview, 2018-2025 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America