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Global Robot Operating System Market Expected to Reach USD 287.04 Million by 2023

The report ‘Robot Operating System Market by Type and Application- GLOBAL INDUSTRY ANALYSIS AND FORECAST TO 2023’ states that the Robot Operating System Market was USD 138.34 million in the year 2014 and is expected to reach approximately USD 287.04 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.45% during the forecast period.

Market Scenario:

The global robot operating system market is predicted to experience a crucial progress during the forecast period and the market is said to be affected by the ascending allocations on research and innovation. One of the significant trend in the global market of this industry is the innovation of big number of startups which are benefiting from the open source to build robots which have novel characteristics and functionalities.

Baes on type, the global robot operating systems market is sectioned into industrial and commercial. Industrial segment is further bifurcated into Articulated, Cartesian,SCARA, Linear and others. Commercial segment is segmented into Portable and Stationary. Of both these segments, the industrial segment is predicted to grow at a lucrative growth owing to several technological advances.

The global operating systems market based on applications is bifurcated into industrial and commercial. The industrial application section is sub-categorized into electronics, automotive, technology, information, rubber and plastics, food and packaging, logistics and warehousing. Also, the commercial segment is split into hospitality, healthcare, agriculture, retail, farming and others.

Major Market Players:

  • BB Group
  • Clearpath Robots
  • Husarion Inc.
  • Stanley Innovation
  • OmromAdept Technology Inc.
  • Cyberbotics Ltd. Rethink Robots
  • Yaskawa Motoman
  • KUKA AG
  • iRobot Technologies
  • Fanuc Corporation.

Scope of the Report:

Region-wise, in 2014, North America was dominating the global operating systems market owing to increased applications of these systems in several fields and increasing funds from venturing capital companies. The Asia Pacific market has not witnessed any considerable growth owing to increasing prices and reduced initiatives from the government towards this market.

Source: https://www.crystalmarketresearch.com/

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