Global Simultaneous Localization and Mapping (SLAM) Technology Market Overview: 2023-2028

Base Year: 2022

Historical Years:  2018-21

Forecast Years: 2023-2028

The Global Simultaneous Localization and Mapping (SLAM) Technology Market is valued at USD 262.73 Million in 2022 and is projected to grow at a CAGR of around 43.14% during the forecast period, i.e., 2023-28. The Global Simultaneous Localization and Mapping (SLAM) Technology Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Simultaneous Localization and Mapping (SLAM) Technology Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Simultaneous Localization and Mapping (SLAM) Technology Market drivers, barriers, Global Simultaneous Localization and Mapping (SLAM) Technology Market Trends, and Key Players in Global Simultaneous Localization and Mapping (SLAM) Technology Market.

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Global Simultaneous Localization and Mapping (SLAM) Technology Market Dynamics: 2023-2028

Global Simultaneous Localization and Mapping (SLAM) Technology Market Driver:

Rising Adoption of Autonomous Vehicles Worldwide - The increasing focus of the automobile industry on developing autonomous vehicles is anticipated to drive the demand for SLAM technology. It is primarily because the technology facilitates accurate and real-time mapping of the surroundings, enabling vehicles to navigate safely and make informed decisions. For instance, Google's subsidiary Waymo has prioritized Simultaneous Localization and Mapping technology in a bid to elevate its research on autonomous cars. This includes refining and upgrading the SLAM algorithms, sensor fusion techniques, and real-time mapping capabilities to improve accuracy and efficiency while providing users with a safer environment.

Further, the technology heavily relies on sensor technologies such as cameras, lidars, and depth sensors. Thus, the ongoing advancements in these sensors, including accuracy, range, and affordability, will further enhance the capabilities and adoption of the technology. For example, In May 2023 NavVis, the global leader in reality capture and digital factory solutions, announced the launch of NavVis VLX 3, equipped with two brand-new, 32-layer lidars and powered by a unique precision SLAM technology that sets it apart in achieving dependable and highly accurate survey results.

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Global Simultaneous Localization and Mapping (SLAM) Technology Market (2023-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Type  

EKF SLAM - Market Size & Forecast 2018-2028, USD Million

Fast SLAM - Market Size & Forecast 2018-2028, USD Million

Graph-Based SLAM - Market Size & Forecast 2018-2028, USD Million

Others- Market Size & Forecast 2018-2028, USD Million

By Application

UAV and Robots - Market Size & Forecast 2018-2028, USD Million

AR/VR - Market Size & Forecast 2018-2028, USD Million

Autonomous Vehicles- Market Size & Forecast 2018-2028, USD Million

Other Applications -Market Size & Forecast 2018-2028, USD Million

By Offering

2D SLAM - Market Size & Forecast 2018-2028, USD Million

3D SLAM Centers- Market Size & Forecast 2018-2028, USD Million

By Region

North America

South America

Europe

Asia-Pacific

The Middle East and Africa.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Simultaneous Localization and Mapping (SLAM) Technology Market:

Aethon Inc., Amazon Robotics, Apple Inc., Ascending Technologies, ClearPath Robotics, Gestalt Robotics, Google LLC, Hi-tech Robotic Systemz Ltd, Kudan Inc, Locus Robotics, MAXST Developers, Meta Technologies Inc, Microsoft Corporation, Parrot SA, Rethink Robotic.

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