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The Global Simultaneous Localization and Mapping (SLAM) Technology Market is valued at USD 262.73 Million in 2022 and is projected to grow at a CAGR of around 43.14% during the forecast period, i.e., 2023-28.
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Global Simultaneous Localization and Mapping (SLAM) Technology Market Research Report: Forecast (2023-2028) UPDATED SAMPLE 2025-30 MARKNTEL ADVISORS
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Market Insights The Global Simultaneous Localization and Mapping (SLAM) Technology Market is valued at USD 262.73 Million in 2022 and is projected to grow at a CAGR of around 43.14% during the forecast period, i.e., 2023-28. The market proliferation predominantly ascribes to numerous factors, such as the rising demand for AR/VR applications, increasing adoption of autonomous vehicles, and advancements in sensor technologies.
Market Drivers Global Simultaneous Localization and Mapping (SLAM) Technology Global Simultaneous Localization and Mapping (SLAM) Technology Market Driver: Market Driver: Rising Rising Adoption of Autonomous Vehicles Worldwide Adoption of Autonomous Vehicles Worldwide - - The increasing focus of the automobile industry on developing autonomous vehicles is anticipated to drive the demand for SLAM technology. It is primarily because the technology facilitates accurate and real-time mapping of the surroundings, enabling vehicles to navigate safely and make informed decisions. For instance, Google's subsidiary Waymo has prioritized Simultaneous Localization and Mapping technology in a bid to elevate its research on autonomous cars. This includes refining and upgrading the SLAM algorithms, sensor fusion techniques, and real-time mapping capabilities to improve accuracy and efficiency while providing users with a safer environment.
Market Segments By Type EKF SLAM, Fast SLAM, Graph-Based SLAM, Others, By Application (UAV and Robots AR/VR, Autonomous Vehicles, Other Applications), By Offering (2D SLAM, 3D SLAM Centers)
Top Companies Aethon Inc., Amazon Robotics, Apple Inc., Ascending Technologies, ClearPath Robotics, Gestalt Robotics, Google LLC, Hi-tech Robotic Systemz Ltd, Kudan Inc, Locus Robotics, MAXST Developers, Meta Technologies Inc, Microsoft Corporation, Parrot SA, Rethink Robotic
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MarkNtel Advisors Target Geographies-Focus Areas MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: -Political, Economic, Social, Technological and Environmental Analysis -Credit Ratings provided by leading institutions -GDP projections by bodies such as the World Bank, IMF, OECD, etc. -Market Disruptions and the “Next Big Things”
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