RoboInd market brief: Simultaneous Localization and Mapping Technology Market is estimated at USD 56 million in 2017. The report cites a CAGR of 71%.
Market snapshot
- USD 56 million in 2017
- USD 53.9 million in 2017
- USD 7.9 million in 2017
- USD 43.2 million in 2017
- USD 1,984.9 million in 2017
- USD 150.1 million in 2024
Stated compound annual growth rate: 71%.
Market overview
Simultaneous Localization and Mapping (SLAM) Technology Market size was estimated to be over USD 56 million in 2017 and is anticipated to grow at a CAGR of over 71% from 2018 to 2024.
Market drivers and constraints
- Growth in automation across varied industriesMinimal hardware requirement with enhanced accuracyIncreasing demand from a varied range of industriesRising prominence of mapping technologies in domestic robotsEnhanced adoption of UAV application
- Huge initial investmentIncreasing safety concernsTechnical complexities
Applications and segments
- Simultaneous Localization and Mapping Technology Market Analysis
- 3. Data mining & market analysis
Regional direction
Simultaneous Localization and Mapping Technology Market Analysis
3. Data mining & market analysis
Competitive landscape
Public report coverage names Simultaneous Localization and Mapping Technology Market Share. The list reflects participants identified by the source and is not a ranking.
Reading the figures: Values follow the market definition and forecast period stated in the source report. Estimates using different scopes should not be combined without normalization.