The expansion of industrial automation across business operations around the globe is creating lucrative demand for ROS. The ROS market is forecasted to reach US$ 402.7Mn by 2026, reflecting a CAGR of 8.8%.

This press release was orginally distributed by SBWire

Albany, NY — (SBWIRE) — 06/21/2018 — As robots become more advanced, eventually there may be a standard computer operating system designed mainly for robots. According to the findings of the latest study, due to the extensive use of robots across a number of industries, the global robot operating system (ROS) market is expected to gain significant growth. To elaborate further, a study titled “Robot Operating System (ROS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” has been freshly broadcasted to the online repository of Market Research Hub (MRH). This 240-page study focuses on analyzing past trends from 2012 to 2017 and forecasts future prospects from 2018 to 2026 with a prime focus on some prime regions including Europe, North America, Asia Pacific, South America, and MEA.

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Robot operating system (ROS) is not just an operating system; it is a robotics middleware, a collection of the software framework, and toolsets upon which robotics systems can be developed or constructed. This factor has given the strong impetus to the overall ROS market. At present, the global ROS market is mostly driven by increasing adoption and investment in research and innovation activities. Considering various positive factors, analysts suggest that the ROS market is projected to reach US$ 402.7Mn by 2026, reflecting a CAGR of 8.8%.

Major Insights from the Study

The research study broadly categorizes the global market or robotic operating system on the basis of type, application, and region. The regional analysis is a crucial section of the report which gives readers a holistic overview of the market and helps them to understand that where the market stands to gain. It has been estimated that among all the geographies, Asia Pacific has perceived strong growth in adoption and demand for robots, both in terms of value and volume. The region is expected to contribute the highest CAGR over the forecast period. Also, North America and Europe are the most attractive markets for robot operating systems.

In addition to detailed segmentation, the report also offers qualitative and quantitative analysis on the market. Analysis of the key drivers, restraints, opportunities, and threats has been offered lucidly for the perusal of readers. It has been analyzed that the rising installation and deployment of industrial and commercial robots across the world is one of the key trends boosting the growth of the ROS market.

Browse Full Report with TOC- https://www.marketresearchhub.com/report/robot-operating-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html

By types, the study covers commercial robots and industrial robots. The commercial robot segment is further sub-segmented into stationary and portable robots, whereas industrial robots segment is further categorized into Cartesian, SCARA, articulated, linear and others. Based on application, ROS is categorized into commercial and industrial.

Competitive Landscape

The final section of the study presents an exhaustive analysis focusing on the prime players operating in the market. Major vendors that provide robot operating systems across the globe for manufacturing robots are Stanley Innovation, ABB Ltd., Kuka AG, iRobot Corporation, Omron Adept Technologies Inc, Clearpath Robotics, Cyberbotics Ltd, Fanuc Corporation, Husarion, Rethink Robotics, and Yaskawa Motoman.

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Source:-digitaljournal