Simultaneous location market and mapping

Simultaneous Localization and Mapping Market Forecast to 2028: Impact of COVID-19 and Global Analysis by Offer (2D SLAM, 3D SLAM); Type (EKF SLAM, Fast SLAM, Graph-Based SLAM, Others); Application (Robotics, UAV, ARVR, Automotive Others) and Geography

Simultaneous localization and mapping (SLAM) is the process of creating a map with the help of an unmanned vehicle or robot that navigates the environment. Simultaneous localization and mapping is a system used in robotic mapping or robot mapping. This process uses a complex series of calculations, algorithms, and sensory inputs to navigate. It enables remote creation of geographic information system (GIS) data in circumstances where the surroundings are dangerous for humans to map. A driving factor for the global simultaneous localization and mapping (SLAM) market is the rise in adoption of simultaneous localization and mapping in UAVs, robots, and augmented reality applications.

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Companies included in this report include: ClearPath Robotics, Apple Inc., Google LLC, Microsoft Inc., Amazon Robotics, Kudan Inc., MAXST Developers, Aethon Inc., Rethink Robotic., Hi-tech Robotic Systemz Ltd.

MARKET SEGMENTATION

The global Simultaneous Location and Mapping market is segmented on the basis of supply, type, and application.

On the basis of supply, the market is segmented into 2D slam and 3D slam.

Based on type, the market is segmented as EKF slam, fast slam, graph based slam, and others.

Based on the application, the market is segmented into robotics, UAV, AR/VR, and other automotive.

MARKET DYNAMICS

drivers

Growing demand for self-location robotics in homes and businesses.

Advances in the Visual SLAM algorithm

restrictions

Unpredictable performance and reliability in untested environments.

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IMPACT OF COVID-19 ON THE SIMULTANEOUS LOCATION AND MAPPING MARKET

The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a global health crisis. The ongoing pandemic has also had a significant impact on international trade and business in general. The COVID-19 outbreak has slowed the growth of the simultaneous location and mapping market due to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have been actively focused on understanding the role of automation in digital transformation due to the pandemic. In addition, companies also learn how to measure return on investment (ROI) compared to other competing initiatives. These factors are expected to have a significant effect on the market in the coming years.

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