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Robot Operating System Market Will Generate New Growth Opportunities In Upcoming Year | ABB, Clearpath Robotics, DENSO, FANUC, KUKA AG, Microsoft, Omron, Rethink Robotics

Press release   •   Oct 11, 2019 19:29 IST

The Robot Operating System is a flexible framework and set of tools that deliver the functionality of an OS on a heterogeneous computer cluster. Robot operating system is a range of tools, conventions, and libraries, which helps in simplifying the job of creating complicated and strong robot behavior across wide-ranging robotic platforms. Apart from robots, the majority of tools offered by the robot operating system focusses on working with peripheral hardware. A robot operating system is split into over 2,000 packages, with each package offering specialized functionality.

The rapid adoption of automation in business operations across diverse industry verticals is the prime factor bolstering the growth of the robot operating system market. In the present industry scenario, robots are finding applications beyond industrial floors and are adapting the roles of delivery vehicles, personal assistants, surgical assistants, and exoskeletons, among others.

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Major Leading Key Players like ABB Ltd., Clearpath Robotics, DENSO Corporation, FANUC Corporation, KUKA AG, Microsoft Corporation, Omron Corporation, Rethink Robotics GmbH, Universal Robots, Yaskawa Electric Corporation.

Furthermore, the rising demand for the Robotics-as-a-Service model, coupled with the increasing adoption of low-cost industrial robots, are some other factors propelling the robot operating system market. However, the design complexity of modular robots and control electronics, as well as the high cost of installation for low-volume production applications, are the factors that may hinder the growth of the robot operating system market.

The global robot operating system market is segmented on the basis of robot type and end-use industry. Based on the robot type, the market is categorized into SCARA robots, articulated robots, collaborative robots, Cartesian robots, parallel robots, and others. Further, the end-use industry segment of robot operating system market is classified into automotive, electrical and electronics, food and beverages, healthcare, metal and machinery, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global robot operating system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The robot operating system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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The reports cover key developments in the robot operating system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from robot operating system market are anticipated to lucrative growth opportunities in the future with the rising demand for robot operating system in the global market. Below mentioned is the list of few companies engaged in the robot operating system market.

Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global robot operating system Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the robot operating system Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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