The article cited AMA's Global SLAM Technology Market Study explored substantial growth with CAGR of %. According the report, Increasing Use of SLAM Technology in Unmanned Aerial Vehicle
is one of the primary growth factors for the market. Demand for Real-Time Navigation System
is also expected to contribute significantly to the SLAM Technology market. Overall, Commercial
applications of SLAM Technology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Aethon Inc. (United States), Intel Corporation (United States), Clearpath Robotics, Inc. (Canada), Omron Corporation (Japan), Nidec-Shimpo Corporation, Fetch Robotics, Inc. (United States), Gestalt Robotics (Germany), KUKA (Germany), SLAMcore Limited (United Kingdom) and Vision Robotics Corporation (United States) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global SLAM Technology market identified that the demand is rising in many different parts of the world as "Increasing Robotics and Automation Projects will Boost the SLAM Technology Market
". Furthermore, some recent industry insights like "On 5th August 2020, Nidec-Shimpo Corporation announced the launch of a new addition to its S-CART brand of automated guided vehicles (AGV). The new AGV—dubbed the S-CART-V—is outfitted with a vision-based navigation system1 that utilizes Visual SLAM2 technology developed by Canon Inc. ("Canon"). The first model in the S-CART-V series—the first AGV in the industry to rely on vision-based navigation—will be based on the 100 kg payload version of the original S-CART, but Nidec-Shimpo plans to continue launching additional models with visual-based navigation" is constantly making the industry dynamic. One of the challenges that industry facing is "Stiff Competition in the SLAM Technology Market along with regulatory Compliances with SLAM Technology"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of SLAM Technology market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of SLAM Technology market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the SLAM Technology market tight? Which application/end-user category or Product Type  may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the SLAM Technology market and other related sub-markets covered in the study.
o Key & emerging players in the SLAM Technology market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall SLAM Technology market size is calculated using market estimation process, the SLAM Technology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global SLAM Technology market size has been validated using both top-down and bottom-up approaches.