Simultaneous Localization and Mapping (SLAM) Technology Market, By Type (EFK SLAM, Fast SLAM, and Graph-Based SLAM), By Offering (2-Dimentional SLAM and 3-Dimentional SLAM), By Application (UAV, Robots, Augmented Reality, and Autonomous Vehicles) – By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2034

Simultaneous localization and mapping (SLAM) is the method of making a map with the use of robot or unmanned vehicle that navigates specific environment by using the map it generates. Visual SLAM systems need to operate in real-time. Hence, regularly location data and mapping data suffer lots of adjustment separately and simultaneously, to facilitate faster processing speeds before merging. SLAM technology has various applications such as augmented reality, projecting virtual image and a wide variety of field robots. It is the best approach for location awareness by the recording of the environment in a map of a computer, device, robot, drone, or other autonomous vehicles. It utilizes a complex array of computations, algorithms, and sensory inputs to navigate around an unknown environment or to revise a place of a previously known environment. It is a key component in self-driving vehicles and other autonomous robots. By creating their own maps, SLAM technology enables quicker, more autonomous and adaptable response than pre-programmed routes.

Impact of COVID-19 pandemic on market

The COVID-19 pandemic has had a major impact on the way of life across the world. Usage of SLAM robots is largely observed for the purpose of scientific research during the ongoing global lockdowns. As the population stays at home during the pandemic crisis, scientists are analyses this opportunity to record environmental changes on a global level. However, decreased production in robotics sector and automation equipment, the adoption of SLAM technology is estimated to decline at a low rate. This report will quantify the impact of this pandemic on the simultaneous localization and mapping (SLAM) technology market.

The increasing demand for robots and drones with higher level of autonomy in different commercial application is anticipated to help in fueling the market for the global SLAM technology market.

The growing trends of wireless technology, robust autonomous technology, service robots for domestic applications, are some of the major factors driving the growth of the simultaneous localization and mapping market. Various navigation techniques develop mapping solutions which will ultimately amend SLAM technology market. Eaton is offering L2STAR V-SLAM, which is built on SLAM technology. The company developed V-SLAM merging the information from 4cameras&IMU&GPS the algorithm which are creates in real-time a 3D map of the environment and uses it to estimate the vehicle position with accuracy and is expected to boost the market. Augmented reality, digital techniques and artificial intelligence application shows the considerable growth in service robot for this particular market.SLAM robots shows great development in vacuum cleaners and lawn mowers, surveillance using Unmanned Aerial Vehicles (UAVs), underwater coral reef monitoring, exploration of mines under the ground, and terrain mapping applications in space.

However, random performance and consistency in untested environments and restriction for use in dynamic environments are the factor expected to restrain the market growth. The major challenges faced by the market are incorrect initialization and loop closure which can mainly alter slam accuracy and complex design of data association in visual SLAM.

Simultaneous localization and mapping (SLAM) technology market is segmented based on type, offering, application and region.

Based on the type, the global market is segmented into EFK SLAM, fast SLAM, and graph-based SLAM. However, EFK SLAM account for the largest share of the market from 2019.

On the basis of offering, the simultaneous localization and mapping (SLAM) technology market is divided into 2-D SLAM and 3-D SLAM. The emergence of algorithms such as fast SLAM, the significant progress of visual SLAM, rapid development in the AR and autonomous vehicle industries, the demand for 3D motion SLAM is increasing at a fast rate. LG Electronics partnered with Augmented Pixels and launched SLAM-based 3D camera module for autonomous navigation for drones, robots and inside-out tracking for VR/AR to the market.

Depending upon application, the target market is explored into UAV, robots, augmented reality, and autonomous vehicles. UAVs are seeing growing applications from defense to agriculture in the recent years. In addition to this, the technology is increasingly becoming commercial for various purposes such as emergency response, disaster relief & control, agriculture, weather forecasting, mining, construction planning, and many more. Advancements in SLAM technology, like improving mapping accuracy, flexibility from cloud services, and better user experience compared to its counterpart (marker-based technology) are expected to propel the growth of SLAM in Augmented technology applications during the forecast period.

The SLAM technology market is currently witnessing a high growth rate owing to the growing usage for the SLAM technology for augmented reality (AR) applications, rise of new digital technologies such as automation and artificial intelligence, and rising demand for service robot for domestic applications. The increase in the demand for autonomous drones for BVLOS operations and emergence of self-driven vehicles are expected to create viable opportunities for the global SLAM technology market.

Regional insights:

According to region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is expected to dominate the market due to Increasing automation, expanding UAVs, has generated roadmap to market’s growth in the region. The reason for the dominance of the US in North America is its well-established economy, which allows for investments in new technologies. Further, the Asia Pacific is projected to hold the largest market share in the upcoming years because of the developments in artificial intelligence have attracted investments from both private and public sectors in APAC. Europe is expected to account significant share due to various growth opportunities, leading to global companies expanding their businesses in this region. For instance, in January 2018, Lyft opened its office in Germany and it was the company’s first official European expansion. This hub will focus on developing self-driving cars using the SLAM technology.

Detail Segmentation:

Attribute	Details
The base year for estimation	2019
Forecast Period	2019 - 2029
Market Representation	Revenue in USD Billion & CAGR from 2019-2029
Market Segmentation	By Type – EFK SLAM, Fast SLAM and Graph-Based SLAM By Offering– 2-Dimentional SLAM, and 3-Dimentional SLAM By Application – UAV, Robots, Augmented Reality, and Autonomous Vehicles By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Regional Scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global simultaneous localization and mapping technology market report based on type, offering, application and region.

Simultaneous Localization and Mapping (SLAM) Technology Market, By Type:

• EFK SLAM
• Fast SLAM
• Graph-Based SLAM Simultaneous Localization and Mapping (SLAM) Technology Market, By Offering:
• 2-Dimentional SLAM
• 3-Dimentional SLAM

Simultaneous Localization and Mapping (SLAM) Technology Market, By Application:

• UAVs
• Robots
• Augmented Reality
• Autonomous Vehicles

Simultaneous Localization and Mapping (SLAM) Technology Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Key players in the SLAM market include Intel, Microsoft, Alphabet, Amazon Robotics, Apple, Clearpath Robotics, Aethon, The Hi-Tech Robotic Systemz, Facebook, Intellias, Magic Leap, Rethink Robotics, Skydio, NavVis, and Mobile Industrial Robots ApS. Partnerships, expansions, collaborations, mergers & acquisitions, joint ventures, and others are some of the strategies adopted by these manufacturers to gain strong foothold in the market.  For instance, in May 2020, Intel in association with Mobileye launched a road experience management platform -an HD mapping solution that uses data collected by REM-capable vehicles to build maps that can be used in ADAS and autonomous driving systems. In addition, in July 2019, Amazon (US) announced its plan to launch Vesta, a domestic robot that can support functions such as home security, diary reminders, and chat.

• Intel Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies
• Microsoft Corporation
• Alphabet
• Amazon Robotics
• Apple
• Clearpath Robotics
• Aethon
• The Hi-Tech Robotic Systemz
• Facebook
• Intellias
• Magic Leap
• Rethink Robotics
• Skydio
• NavVis
• Mobile Industrial Robots ApS

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Type
  • Market Snippet, By Offering
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Simultaneous Localization and Mapping (SLAM) Technology Market, By Type, Forecast Period up to 10 Years, (US$ Mn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• EFK SLAM
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Fast SLAM
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Graph-Based SLAM
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Simultaneous Localization and Mapping (SLAM) Technology Market, By Offering, Forecast Period up to 10 Years, (US$ Mn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• 2-Dimentional SLAM
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• 3-Dimentional SLAM
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Simultaneous Localization and Mapping (SLAM) Technology Market, By Application, Forecast Period up to 10 Years, (US$ Mn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• UAV 
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Robots
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Augmented Reality
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Autonomous Vehicles
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Simultaneous Localization and Mapping (SLAM) Technology Market, By Region, Forecast Period up to 10 Years, (US$ Mn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Offering, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Offering, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Offering, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Offering, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa
  • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Offering, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Intel Corporation.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Microsoft Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Alphabet
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Amazon Robotics
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Apple
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Clearpath Robotics
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Aethon
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• The Hi-Tech Robotic Systemz
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Facebook
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Intellias  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word

• Future Impact
• About Us
• Contact