Robotic Mapping And Navigation Market
What Are the Market Size and Growth Forecast for the Robotic Mapping And Navigation Market?
In recent times, the market for robotic mapping and navigation has seen a significant growth. The market size is projected to increase from $12.91 billion in 2024 to $15.7 billion in 2025, showcasing a compound annual growth rate (CAGR) of 21.6%. This growth momentum during the past years is a result of the burgeoning requirement for sophisticated mapping and navigation systems, prevalence of AI-controlled navigation, increasing demand for self-governing delivery systems, the development of enhanced surveillance systems and the expanded utilisation of commercial drone technology.
The market for robotic mapping and navigation is anticipated to undergo a steep rise in the upcoming years, reaching $33.95 billion in 2029 with a compound annual growth rate (CAGR) of 21.3%. The surge is expected chiefly due to factors like the rising use of smart and adaptable automatons, increased adoption of sensor technologies, expanded utilization of artificial intelligence and machine learning, growing application of independent systems, and digital transformation advancements. Prominent trends projected for this period encompass the incorporation of sophisticated AI systems to enhance autonomous decision-making, the advent of compact, energy-efficient Lidar sensors, improved perception through multi-sensor fusion, breakthroughs in real-time 3D mapping tools, adoption of cooperative robots with dynamic path-planning features, edge computing advancements for speedier data processing, and inventions of budget-friendly, high-precision GPS substitutes.
What Is Contributing to the Growth of the Robotic Mapping And Navigation Market?
The surge in drone demand is believed to aid in the expansion of the robotic mapping and navigation market. Drones, also known as unmanned aerial vehicles (UAVs), can be operated either remotely by a human operator or autonomously by integrated computers. The increased desire for drones stems from their potential to perform quick and efficient deliveries, their flexibility and scalability, their contactless delivery capabilities, their environmental benefits, and cost savings. The implementation of robotic mapping and navigation allows drones to meticulously plan routes and circumnavigate obstacles ensuring efficient and secure deliveries, even in challenging environments. For example, a report from the UK Government in July 2022 suggested that more than 900,000 drones could be operating in UK airspace by 2030, potentially providing about £22 billion ($24.2 billion ) in net cost savings for businesses and public services thanks to the utilisation of drone technology. Therefore, the growing drone demand is fuelling the robotic mapping and navigation market.
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Which Key Market Leaders Are Driving Robotic Mapping And Navigation Industry Growth?
Major companies operating in the robotic mapping and navigation market are Intel Corporation, DENSO Corporation, Nvidia Corporation, Omron Corporation, Zebra Technologies Corporation, Yaskawa Electric Corporation, KUKA AG, iRobot Corporation, Nuro Inc., Boston Dynamics Inc., Locus Robotics Corp, Seegrid Corporation, Mobile Industrial Robots, Velodyne Lidar Inc., Clearpath Robotics Inc., Aethon Inc., Hi-Tech Robotic Systemz Ltd., Vecna Robotics Inc., Robomow Inc., InVia Robotics Inc., Starship Technologies Ltd., Robotnik Co., BlueBotics SA, SMP Robotics Systems Corp., Ruvu Robotics
Which Key Market Leaders Are Driving Industry Growth?
Leading firms in the robotic mapping and navigation sector are concentrating on providing innovative solutions such as advanced visual simultaneous localization and mapping (VSLAM) technologies to improve the precision, effectiveness, and dependability of self-guided navigation systems for multiple applications like robotics, drones, and self-driving vehicles. The VSLAM technology is specially engineered to boost autonomous robots’ real-time navigation skills and their ability to avoid obstacles. It incorporates several sensors to develop precise 3D maps for efficient route determination and exact localization. For example, in March 2023, Pudu Robotics Inc., a company based in China that specializes in developing robots, unveiled PUDU VSLAM+, an enhancement of the PUDU VSLAM+ technology. This offers leading-edge features, including a purely visual simultaneous localization and mapping (SLAM) approach for economically efficient and versatile navigation without the need for extraneous markers. By recognizing features on rooftops and vertical areas over 30 meters tall, it improves stability and adaptability. This breakthrough technology signifies a major development in simultaneous localization and mapping (SLAM), a much-needed capability for enabling autonomous robots to effectively navigate and comprehend their surroundings.
What Are the Main Segments in the Robotic Mapping And Navigation Market?
The robotic mapping and navigation market covered in this report is segmented –
1) By Type: Industrial Robots, Service Robots
2) By Navigation Technology: Laser Or LiDAR, Vision Guidance, Other Navigation Technologies
3) By Application: Hospitals And Healthcare, Manufacturing, Logistics And Warehouse, Military, Other Applications
Subsegments:
1) By Industrial Robots: Robotic Arms For Manufacturing, Autonomous Mobile Robots (AMRs) For Warehousing, Collaborative Robots (Cobots), Robotic Systems For Material Handling, Inspection And Quality Control Robots
2) By Service Robots: Healthcare Robots, Cleaning Robots, Delivery Robots, Agricultural Robots, Security And Surveillance Robots, Hospitality Robots
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Which Geographic Area Leads the Robotic Mapping And Navigation Market?
Europe was the largest region in the robotic mapping and navigation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic mapping and navigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Robotic Mapping And Navigation Global Market Report?
– Market Size Analysis: Analyze the robotic mapping and navigation Market Size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the robotic mapping and navigation market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall robotic mapping and navigation market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the robotic mapping and navigation market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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