Dublin, Aug. 29, 2019 (GLOBE NEWSWIRE) -- The "Robot Operating System Market by Robot Type (Articulated, SCARA, Parallel, Cartesian, Collaborative), Industry (Automotive, Electrical and Electronics, Metals and Machinery, Food and Beverages, Healthcare), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The ROS market is projected to grow from USD 312 million in 2019 to USD 466.7 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.4% from 2019 to 2024.
Key Highlights
- The Rise in R&D Funds for Industrial Automation and Increasing Implementation of Collaborative Modular Robots to Drive the ROS Market
- Collaborative Robots to Account for the Highest CAGR During the Forecast Period
- Automotive Industry to Dominate the Market During the Forecast Period
- Asia-Pacific to Grow at the Highest CAGR During the Forecast Period
The growth rate can be attributed to the rising R&D funds for industry automation, increasing implementation of collaborative modular robots, and growing participation of SMEs in developing countries. The market research report presents a detailed analysis, market sizing, and forecasting of the growth trends of market segments of the ROS market. It also analyzes the global adoption trends, growth potentials, key drivers, competitive outlook, restraints, opportunities, challenges, and use cases.
The report covers the competitive landscape and profiling of the major players, such as ABB (Switzerland), Husarion Sp. z o.o. (Poland), Stanley Innovation (US), Clearpath Robotics (Canada), Fanuc Corporation (Japan), KUKA AG (Germany), iRobot Corporation (US), Rethink Robotics (US), Yaskawa Electric Corporation (Japan), Omron Corporation (Japan), Universal Robotics (Denmark), Microsoft (US), and DENSO Corporation (Japan).
The companies are adopting strategies such as mergers and acquisitions, partnerships and collaborations, and product developments to increase their shares in the ROS market. These activities have also been tracked and mentioned in the report. The companies have adopted various strategies, such as acquisitions, expansions, new product launches, product enhancements, partnerships, agreements, and collaborations, to cater to the growing demand for ROS across the globe as well as to strengthen their position in the market. These strategies have also been tracked and mentioned in the report.
The report would help the market leaders/new entrants in the following ways:
- It comprehensively segments the ROS market and provides the closest approximations of the revenue numbers for the overall market and its sub-segments across regions.
- It would help stakeholders understand the pulse of the market and provide information about the key market drivers, restraints, challenges, and opportunities.
- It would help stakeholders understand competitor behaviour better and gain more insights to enhance their positions in the market. The competitive landscape section includes the competitor ecosystem, partnerships, and acquisitions.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Robot Operating System Market
4.2 Market in North America, by Robot Type and Country
4.3 Market Major Countries
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising R&D Funds for Industry Automation
5.2.1.2 Increasing Implementation of Collaborative Modular Robots
5.2.1.3 Growing Participation of SMES in Developing Countries
5.2.2 Restraints
5.2.2.1 Complex Design of Modular Robots and Controlling Electronics
5.2.2.2 High Installation Cost of Low-Volume Production Applications
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Robotics-as-a-Service Model
5.2.3.2 Rising Adoption of Low-Cost Industrial Robots
5.2.4 Challenges
5.2.4.1 Requirement of Advanced Robotics Applications to Meet Consumer Expectations
5.2.4.2 Need to Safely Handle Industrial-Grade Operations
5.3 use Cases
5.3.1 Introduction
5.3.1.1 Use Case: Scenario 1
5.3.1.2 Use Case: Scenario 2
5.3.1.3 Use Case: Scenario 3
5.3.1.4 Use Case: Scenario 4
5.4 Integration With Other Operating Systems
5.4.1 Introduction
5.4.2 Gazebo
5.4.3 Opencv
5.4.4 Point Cloud Library
5.4.5 Moveit
5.4.6 ROS Industrial
6 Robot Operating System Market By Robot Type
6.1 Introduction
6.2 Articulated Robots
6.2.1 Increasing Demand for Articulated Robots to Pave the Way for the Robot Operating System Market in Different Verticals
6.3 SCARA Robots
6.3.1 Best Time-To-Performance Ratio Offered By SCARA Robots for Speed Application to Enhance the Market Growth
6.4 Parallel Robots
6.4.1 Increasing Demand for Pick and Place Application to Drive the Market for Parallel Robots
6.5 Cartesian Robots
6.5.1 High Degree of Mechanical Rigidity, Accuracy, and Repeatability to Drive the Growth of Cartesian Robots
6.6 Collaborative Robots
6.6.1 Safety Features of Collaborative Robots to Drive the Growth of the Market
7 Robot Operating System Market By Industry
7.1 Introduction
7.2 Automotive
7.2.1 The Demand for Smart Production in the Automotive Industry to Drive the Growth of the Market
7.3 Electrical and Electronics
7.3.1 Increasing Demand for Miniaturization of Electrical and Electronic Equipment to Boost the Market
7.4 Metal and Machinery
7.4.1 Machine Tending and Welding Applications to Drive the Market for Metal and Machinery Industry
7.5 Plastics, Rubber, and Chemicals
7.5.1 Capability to Handle Hazardous Explosive Substances to Boost the Adoption of ROS in Plastics, Rubber, and Chemicals Industry
7.6 Food and Beverages
7.6.1 The Demand for Palletizing and Pick-And-Place Applications in Food and Beverages Industry to Enhance the Growth of the Market
7.7 Healthcare
7.7.1 Need for Handling Hazardous Biologicals and Radioactive Substances to Boost the Market Growth in Healthcare Industry
7.8 Others
8 Robot Operating System Market By Application
8.1 Introduction
8.2 Pick and Place
8.2.1 Increasing Need of Automation Driving the ROS Adoption Across Repetitive Pick and Place Tasks
8.3 Plastic Injection and Blow Molding
8.3.1 ROS Offers Cost-Effective, High-Performance Factory Automation Tool for Injection Molders
8.4 Printed Circuit Board Handling and Information Communication and Technology
8.4.1 Complicated Tasks Included in Pcb Handling to Drive the Growth of ROS-Implemented Robots in the Market
8.5 Testing and Quality Inspection
8.5.1 ROS to Increase Consistency and Maintain High Levels of Product Quality
8.6 Metal Stamping and Press Trending
8.6.1 ROS-Based Robots to Help Manufacturers in Terms of Utilization, Secondary Processes, Labor Resources, and Productivity
8.7 Computer Numerical Control Machine Tending
8.7.1 ROS to Support Robots to Tend Machines and Relieve Employees From Repetitive Work
8.8 Co-Packing and End of Line Packaging
8.8.1 ROS to Ensure the Deliveries Counted Correctly and Packed
9 Robot Operating System Market By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.1.1 Increasing Demand for Automating Production to Drive Market Growth in the US
9.2.2 Canada
9.2.2.1 Growing Need for Flexible Automation to Boost the Market Growth in Canada
9.3 Europe
9.3.1 United Kingdom
9.3.1.1 Increasing Manufacturing Competitiveness to Drive Market Growth in the UK
9.3.2 Germany
9.3.2.1 Increase in the Number of Automotive Original Equipment Manufacturers to Boost Market Growth in Germany
9.3.3 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.1.1 Electrical and Electronics Industry to Drive the Market Growth in China
9.4.2 Japan
9.4.2.1 Shortage of Skilled Labor to Drive the Growth of ROS Market in Japan
9.4.3 South Korea
9.4.3.1 Rapid Technological Adoption to Drive the Market Growth in South Korea
9.4.4 Rest of Asia-Pacific
9.5 Rest of the World
10 Competitive Landscape
10.1 Introduction
10.2 Competitive Situation and Trends
10.2.1 New Product/Service Launches
10.2.2 Agreements, Collaborations, and Partnerships
10.2.3 Mergers and Acquisitions
10.2.4 Business Expansions
10.3 Key Players in the Robot Operating System Market
11 Company Profiles
11.1 ABB
11.2 FANUC
11.3 KUKA AG
11.4 Yaskawa Electric Corporation
11.5 Denso
11.6 Microsoft
11.7 Omron
11.8 Universal Robots
11.9 Clearpath Robotics
11.10 iRobot Corporation
11.11 Rethink Robotics GmbH
11.12 Stanley Innovation
11.13 Husarion
For more information about this report visit https://www.researchandmarkets.com/r/r2w698
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