• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2024 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Research Reports

    Posted By TMR Research Insights

    Posted on August 13, 2021

    Featured image for article about Research Reports

    Global Robot Operating System (ROS) Market: Overview

    According to a new market report published by Transparency Market Research. The global robot operating system (ROS) market is expected to reach a value of US$ 438.0 Mn by 2027 on account of ever expanding robots across a number of industries. The market is projected to expand at a CAGR of 9.2% during the forecast period from 2019 to 2027. The global robot operating system market is mainly driven by rising adoption of ROS in research & innovation and rising expansion of industrial capabilities.

    Growing installations of industrial and commercial robots across the industries is driving the global ROS market

    ROS is an open source platform, robot enthusiast. Robot developing companies can easily pull its code from the web for free and use it to curb their idea to whatever level with further customization based on the requirement.  This factor has given strong impetus to the overall ROS market. The ROS market is expected to witness further revision, innovation and development in coming years, since there are number of big companies investing in the market. The great flexibility of ROS has promoted code sharing and contributions from researchers covering all major aspects of robotics. At present, ROS has helped the robotics community progress faster by sharing solutions to common problems. The rising installations of commercial and industrial robots across the application especially in automotive, healthcare, logistics and warehousing and other production & manufacturing sector for process automation is supplementing the growth of ROS market.

    Global Robot Operating System (ROS) Market: Scope of the Report

    ROS market is segmented by type, by application and by region. By type, the ROS is divided into commercial robots and industrial robots. Industrial Robots holds more than 60% market share for ROS market. H-ROS or hardware robot operating system helps in the designing of reusable and reconfigurable robot component to create comprehensive robots. It aims to reduce the overall development time for the manufacturers. The Industrial ROS has made it simple for the robot developers to efficiently design robots catering the industrial needs. Among these segments, commercial robot segment is further sub-segmented into stationary and portable robots. Whereas, industrial robot segment is further categorized into SCARA, articulated, Cartesian, linear and others.

    PDF Brochure For Future Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29147

    Based on application, ROS is categorized into commercial and industrial. Among these segment commercial is further divided into healthcare, (hospitals and pharmaceuticals), hospitality (restaurants and hotels), retail (big and small retail stores), agriculture & farming and others (entertainment and domestic services). The process manufacturing and healthcare are seen to emerge among fastest growing industries in the field of robotics as these involve developing customized products. ROS based robots are significantly being used in Automotive, Electronics and Packaging and Warehousing. Additionally, the industrial segment is bi-furcate into automotive, electronics, food & packaging, rubber & plastics, logistics and warehousing and others purposes such metal and energy.

    North America dominates the ROS Market with a market share of more than 45% in 2019. This is primarily due to the demand for increased service quality from consumers, fast adoption of technology combined with worthwhile initiatives taken, development of more advance version of ROS platform, and rising awareness for the same. Among all the geographies, Asia Pacific has witnessed strong growth in robots adoption and demand, both in terms of value and volume. Asia-Pacific contributes the highest CAGR over the forecast period. Asia-Pacific, North America and Europe are the most attractive market for robot operating systems. The number of registered ROS users is increasing subsequently. North America, Europe, and Asia have the maximum number of users. Moreover, by transforming from a utility-based middleware to the engine that drives the future development of robotics and allied software tools, ROS would be filled with new developments over the forecast period.

    More Trending Reports by Transparency Market Research –

    https://www.prnewswire.com/news-releases/increase-in-demand-for-high-precision-in-miniaturization-process-of-semiconductor-industry-to-fuel-growth-of-optical-metrology-market–tmr-insights-301348256.html

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

    Contact

    Transparency Market Research
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Blog: https://tmrblog.com/
    Follow Us: Twitter | LinkedIn

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe