Precision Business Insights has published a report on the global simultaneous localization and mapping market, estimating its value at USD 488.6 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 29.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-simultaneous-localization-and-mapping-market

SLAM is a computational technique that allows a device (robot, car, drone, etc.) to simultaneously map its surroundings (create or update a map) and locate itself (discover where it is) in real-time, frequently without the use of external reference infrastructure like GPS.

Drivers:

1) Growing demand for autonomous vehicles and robots.
2) Expansion of industrial automation.

The global simultaneous localization and mapping market segmentation:

1) By SLAM Type: EKF SLAM, Fast SLAM, Graph-Based SLAM, and Others.
2) By Components: Software, Sensors, Cameras, Processing Units, and Others.
3) By Mapping Technology: 2D Mapping, 3D Mapping, Visual SLAM, and LiDAR SLAM.
4) By End User: Manufacturing and logistics, Automotive, Aerospace, Healthcare, Robotics, and Consumer Electronics.

Regional Overview:
The report also examines the current concerns and their Future Effects on the simultaneous localization and mapping market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the simultaneous localization and mapping market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Google LLC · Apple Inc. · Microsoft Corporation · Amazon Robotics LLC · Intel Corporation · NVIDIA Corporation · Qualcomm Technologies Inc. · Facebook/Meta Platforms Inc. · Bosch Sensortec GmbH · Velodyne Lidar, Inc. · KUKA AG · ABB Ltd. · Clearpath Robotics Inc. · Aethon Inc. · NavVis GmbH · SLAMcore Limited · Parrot SA · Fetch Robotics Inc. · Locus Robotics · iRobot Corporation · Boston Dynamics (through Google/Alphabet) · Omron Corporation · Mobile Industrial Robots ApS (MiR) · Sevensense Robotics AG · Shanghai Slamtec Co., Ltd. · GeoSLAM Ltd. · BlueBotics SA · Magic Leap, Inc. · Ascending Technologies GmbH · Gestalt Robotics GmbH · The Hi-Tech Robotic Systemz Ltd. · Dibotics (Outsight SA) · VisionSLAM Technologies Pvt. Ltd. · Blue Vision Labs (acquired by Lyft) · SenseTime Group Limited · Mapillary AB (acquired by Meta) · DeepMap Inc. · Skydio Inc. · Velodyne (now merged) · Denso Corporation · Continental AG · Bosch Mobility Solutions (Mobility) · Leica Geosystems AG · DJI (Da-Jiang) · iFlyTek (if mapping) · Samsung Electronics Co., Ltd. · Sony Corporation · STMicroelectronics N.V. · Renesas Electronics Corporation · Cepton Technologies Inc. · LeddarTech Inc. · Arm Holdings (SoftBank) · Texas Instruments Incorporated · Xilinx Inc. (now part of AMD)

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