- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
Simultaneous Localization And Mapping Market was valued at USD 174.2 million in 2022 and is poised to grow at a CAGR of 41.2% from 2023-2029. Some of the key factors propelling the market growth include rise in the acceptance of simultaneous localization and mapping in UAV, robot, and augmented reality applications, growing adoption of automation across industries in emerging countries, advancements in visual SLAM algorithm and proliferation of cloud-based visual SLAM for outdoor applications. However, factors such as limitation of SLAM in dynamic environments and incorrect initialization and loop closure can significantly alter SLAM accuracy are hampering the market growth.
Global Simultaneous Localization And Mapping Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
41.2%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Simultaneous Localization And Mapping Market Dynamics
Simultaneous Localization and Mapping (SLAM) consists in the concurrent construction of a model of the environment (the map), and the estimation of the state of the robot moving within it. The SLAM community has made astonishing progress over the last 30 years, enabling large-scale real-world applications, and witnessing a steady transition of this technology to industry Simultaneous Localization and Mapping (SLAM) refers to the problem of using various sensors like laser scanner, RGB cameras, RGB-D cameras, etc, to estimate the position of the robot, and concurrently construct the 2D/3D map of the environment. In order to establish the position of a robot, a vehicle, or a moving camera in an environment, and at the same time, construct a representation of the explored zone. SLAM is an essential task for the autonomy of a robot. The computer vision techniques employed in visual SLAM, such as detection, description and matching of salient features, image recognition and retrieval, among others, are still susceptible of improvement.
Asia-Pacific Got Significant Share
Simultaneous Localization And Mapping Market Regional Analysis
Asia Pacific accounted for larger revenue share in global simultaneous localization and mapping market with considerable CAGR. The growth in this region can be attributed to growing demand for automation, mainly in the manufacturing sector. Moreover, the growth of smart devices along with the rising demand for improved features has also boosted the market growth. In addition, China is likely to acquire significant share in Asia Pacific SLAM market, followed by Japan and South Korea.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- Global simultaneous localization and mapping market expanding at significant CAGR over 2022 to 2028 owing to growing adoption of automation across industries in emerging countries.
- Based on type, EKF SLAM segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global simultaneous localization and mapping market
Global Simultaneous Localization And Mapping Market Segmentation
By Type
By Offering
- 2D SLAM
- 3D SLAM
Frequently Asked Questions
Asia Pacific is the fastest-growing for simultaneous localization and mapping market
The simultaneous localization and mapping market size was valued at USD 174.2 million in 2022
The simultaneous localization and mapping market key players are: Intel (US), Microsoft (US), Alphabet (US), Amazon Robotics (US), Apple (US)
Table of Content
- Executive Summary
- Global Simultaneous Localization and Mapping Market Introduction
- Global Simultaneous Localization and Mapping Market Taxonomy
- Global Simultaneous Localization and Mapping Market Definitions
- Type
- Offering
- Application
- Global Simultaneous Localization and Mapping Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Simultaneous Localization and Mapping Market Dynamic Factors - Impact Analysis
- Global Simultaneous Localization and Mapping Market Competition Landscape
- Global Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Simultaneous Localization and Mapping Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- EKF SLAM
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Fast SLAM
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Graph-Based SLAM
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- EKF SLAM
- Global Simultaneous Localization and Mapping Market, By Offering, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- 2D SLAM
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- 3D SLAM
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- 2D SLAM
- Global Simultaneous Localization and Mapping Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Robotics
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- UAV
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- AR/VR
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Automotive
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Robotics
- Global Simultaneous Localization and Mapping Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Region, 2023 - 2029
- North America
- North America Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
- Offering Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- 2D SLAM
- 3D SLAM
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Robotics
- UAV
- AR/VR
- Automotive
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US
- Canada
- North America Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Country, 2023 - 2029
- North America Simultaneous Localization and Mapping Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
- Offering Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- 2D SLAM
- 3D SLAM
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Robotics
- UAV
- AR/VR
- Automotive
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Country, 2023 - 2029
- Europe Simultaneous Localization and Mapping Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
- Offering Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- 2D SLAM
- 3D SLAM
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Robotics
- UAV
- AR/VR
- Automotive
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Country, 2023 - 2029
- Asia-Pacific Simultaneous Localization and Mapping Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
- Offering Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- 2D SLAM
- 3D SLAM
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Robotics
- UAV
- AR/VR
- Automotive
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Country, 2023 - 2029
- Latin America Simultaneous Localization and Mapping Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Simultaneous Localization and Mapping Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- EKF SLAM
- Fast SLAM
- Graph-Based SLAM
- Others
- Offering Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- 2D SLAM
- 3D SLAM
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Robotics
- UAV
- AR/VR
- Automotive
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Simultaneous Localization and Mapping Market - Opportunity Analysis Index, By Type, Offering, Application and Country, 2023 - 2029
- MEA Simultaneous Localization and Mapping Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- Intel (US)
- Microsoft (US)
- Alphabet (US)
- Amazon Robotics (US)
- Apple (US)
- Clearpath Robotics (Canada)
- Aethon (US)
- The Hi-Tech Robotic Systemz (India)
- Facebook (US)
- Intellias (Ukraine)
- Magic Leap (US)
- Rethink Robotics (US)
- Skydio (US)
- NavVis (Germany)
- MAXST (South Korea)
- Mobile Industrial Robots ApS (Denmark)
- Research Methodology
16. Key Assumptions and Acronyms
- Intel (US)
- Microsoft (US)
- Alphabet (US)
- Amazon Robotics (US)
- Apple (US)
- Clearpath Robotics (Canada)
- Aethon (US)
- The Hi-Tech Robotic Systemz (India)
- Facebook (US)
- Intellias (Ukraine)
- Magic Leap (US)
- Rethink Robotics (US)
- Skydio (US)
- NavVis (Germany)
- MAXST (South Korea)
- Mobile Industrial Robots ApS (Denmark)