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Robot Operating System Market Industry Trends Analysis

Global robot operating system market is growing at a high CAGR because of the increasing adoption of robots and automation in small & medium-sized enterprises, along with growing research and development activities.<br>

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Robot Operating System Market Industry Trends Analysis

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  1. Robot Operating System Market, By Type, Trend Analysis, Competitive Market Share & Forecast, 2010- 2027

  2. Robot Operating System Market- Industry Trends & Forecast Report 2027 A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global robot operating system market was worth USD 599.1 million in 2020. According to the study, the market is estimated to grow at a CAGR of 9.4%, earning revenue of around USD 1,121.2 million by the end of 2027. The global robot operating system market is booming at a high rate because of the increasing adoption of robots in small & medium-sized enterprises and expanding research and development activities. The shift from labor-intensive to capital-intensive operations prompts businesses to adopt robots to maximize their production yield and cut costs. As a result, the demand for robot operating systems is growing for effective and error-free management of robots and automation systems.

  3. Growth Drivers Increasing Robotic Application in Healthcare Sector The increasing adoption of robots in the medical field is emerging as the major driving factor for the global robot operating system market. Medical robots assist with surgery, streamline hospital logistics, and enable healthcare providers to offer direct care to the patients. Medical robots accurately manipulate surgical instruments through one or more small incisions for various surgical procedures. The demand for robot operating systems is growing to support and function efficient handling of the robots, propelling its market growth.

  4. Restraints High Investment Attributed to Robot and Automation The high cost of robot and automation installation may act as a major restraint for the adoption of robot operating systems. Along with controllers and teaching pendants, industrial robots cost around USD 50,000 to USD 80,000 and the cost of the entire robot system ranges from USD 100,000 to USD 150,000. This limits the ability of small manufacturers to invest in scaling up their businesses. Thus, large manufacturers are the only ones that can adopt this model.

  5. Impact of COVID-19 on Global Robot Operating System Market The demand for robots and automation witnessed a tremendous surge after the COVID-19 outbreak due to a shortage of human resources and social distancing measures. However, with lockdowns imposed on several countries to curb the spread of the virus, the supply of robots and deployment of automation software and hardware became a challenge, which created a huge demand and supply gap in the market. This challenge directly impacted the demand for robot operating systems and negatively affected its market growth.

  6. Global Robot Operating System Market - Regional Insights Geographically, the global robot operating system market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific dominates the market because of the flourishing manufacturing sector in the region and the rising adoption of automation to cut down the operational cost. The presence of leading industry giants, especially in Japan such as Panasonic, Yamaha, Toshiba, etc., who frequently engage in product approvals, also fuels the market growth. However, North America also covers a substantial share of the market.

  7. Competitive landscape The leading players in the global robot operating system market are Denso, Microsoft, Omron Corporation, Universal Robotics, ABB Ltd., FANUC, KUKA AG, Yaskawa Electric Corporation, Clearpath, Robots, iRobot Corporation, Stanley Innovation, Clearpath Robots, Husarion, Rethink Robotics, Toshiba Corporation, Panasonic Corporation, StaubliMechatronics Company, Yamaha Robotics, and other prominent players. Sample Copy of the Report :https://www.blueweaveconsulting.com/report/global-robot-operating-system-market-bwc19283/report-sample

  8. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  9. Contact Us:  +1 866 658 6826 +1 425 320 4776 +44 1865 60 0662  info(@)blueweaveconsulting.com  www.blueweaveconsulting.com

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