Information & Communication Technology

Robot Operating System Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
The robot operating system refers to an open-source framework for developing robotic software. It provides libraries and tools to help with tasks such as hardware abstraction, device drivers, communication between processes, and more, making it easier to build complex robotic systems. ROS is used to streamline the development process of robotic applications by providing a standardized framework for communication, data sharing, and computation.

Sizing and Forecast
The robot operating system market size has grown rapidly in recent years. It will grow from $0.62 billion in 2023 to $0.71 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increased demand for autonomous robots, operational behavior and patterns of robots, demand for automation in existing facilities, and demand in defense and security to enhance operational capabilities.

The robot operating system market size is expected to see rapid growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to adoption of automation in the industrial sector, increase in adoption of ROS by manufacturers, surge in demand for collaborative modular robots, and demand for data-driven robotics in the electronic industry. Major trends in the forecast period include innovations in robotics technology, demand for the robotics-as-a-service (RaaS) Model, innovation of collaborative robotics, improvement in the design of the embedded software.

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Segmentation & Regional Insights
The robot operating system market covered in this report is segmented –

1) By Type: Robot Operating System 1, Robot Operating System 2
2) By Robot Type: Articulated Robots, SCARA Robots, Parallel Robots, Cartesian Robotics, Collaborative Robots
3) By Application: Pick And Place, Plastic Injection And Blow Molding, Printed Circuit Board Handling And Information Communication And Technology, Testing And Quality Inspection, Metal Sampling And Press Trending, Computer Numerical Control Machine Trending And Co-Packing, End Of Line Packaging, Mapping And Navigation, Inventory Management, Other Applications
4) By Industry Vertical: Healthcare, Automotive, Electrical And Electronics, Metal And Machinery, Food And Beverages, Rubber And Plastic, Other Industry Verticals

North America was the largest region in the robot operating system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot operating system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rising adoption of automation in the industrial sector is expected to propel the growth of the robot operating system market going forward. Automation in the industrial sector refers to the use of machinery, robotics, and computer systems to streamline and optimize manufacturing processes, reducing human intervention and increasing efficiency. The rising adoption of automation in the industrial sector is driven by the pursuit of increased productivity, efficiency, cost reduction, and improved quality control. Robot operating systems in industrial automation enable standardized robot control, sensor integration, interoperability, simulation, task planning, execution, and monitoring for enhanced efficiency. For instance, in September 2023, according to a report by the International Federation of Robotics (IFR), a Germany-based non-profit organization, there were 553,052 industrial robot installations in industries worldwide, representing a 5% annual growth rate in 2022. Furthermore, Asia accounted for 73% of all recently deployed robots, followed by Europe (15%) and the Americas (10%). Therefore, the rising adoption of automation in the industrial sector is driving the growth of the robot operating system market.

Key Industry Players
Major companies operating in the robot operating system market report are Microsoft Corporation; ABB Ltd.; Omron Corporation; FANUC Corporation; Yaskawa America Inc.; Staubli International AG; KEBA AG; Wind River Systems Inc.; KUKA AG; Intrinsic Innovation LLC; Clearpath Robotics Inc.; Fetch Robotics Inc.; Robotiq Inc.; Husarion Sp. zo. o.; Cyberbotics Ltd.; Robotis Co. Ltd.; Denso Wave Incorporated; Willow Garage Inc.; Robotican Ltd.; Acutronic Link Robotics AG; Stanley Innovation Inc.

The robot operating system market report table of contents includes:

1. Executive Summary
2. Robot Operating System Market Characteristics
3. Robot Operating System Market Trends And Strategies
4. Robot Operating System Market – Macro Economic Scenario
5. Global Robot Operating System Market Size and Growth
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32. Global Robot Operating System Market Competitive Benchmarking
33. Global Robot Operating System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Robot Operating System Market
35. Robot Operating System Market Future Outlook and Potential Analysis
36. Appendix

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