Global Simultaneous Localization and Mapping (SLAM) Technology Market to witness a CAGR of 63.8% during 2018-2025
The global simultaneous localization and mapping (SLAM) Technology market is expected to witness a CAGR of 63.8%, and is projected to reach USD 3,319.9 million by 2025.
Moreover, application of SLAM technology in mobile robotics for both indoor and outdoor environment application opens a pool of opportunity for the larger adoption of the technology across various end user industries.
SLAM technology involves map creation of the surrounding environment and orienting it properly with the map in real–time by means of robots or devices using a range of algorithms. SLAM has gained importance in recent years and is being implemented in varied applications in autonomous systems. Emergence of indoor applications of mobile robotics coupled with autonomous indoor navigation software for drones has gained traction in recent time. Companies are keen to look for solutions which are intended to help drones to navigate in the complex obstacles and terrain with a lack of GPS connectivity, thus providing thrust to the SLAM technology market.
Global SLAM Technology Market, By Type
- Full SLAM
- Online SLAM
- Integrations
Global SLAM Technology Market, By Motion
- 3D
- 2D
Global SLAM Technology Market, By Application
- Robot
- Unmanned Aerial Vehicle
- Augmented Reality
- Autonomous Vehicle
- Planetary Rovers
- Reef Monitoring
- Others
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