Simultaneous Localization anGrowth, Overview, Forecast Research Report to 2025Posted by rekha on September 25th, 2019 The global virtual network interface market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors propelling the market growth include rise in the acceptance of simultaneous localization and mapping in UAV, robots, 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 virtual network interface market segmented on the basis of type, offering, application and region. For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37463 EKF SLAM dominate the Global Simultaneous Localization and Mapping Market Based on type, global virtual network interface market segmented into EKF SLAM, Fast SLAM, Graph-Based SLAM and Others. EKF SLAM held considerable market growth during estimated period. EKF SLAM is a class of algorithms which utilizes the extended Kalman filter (EKF) for simultaneous localization and mapping (SLAM). Typically, EKF SLAM algorithms are feature based, and use the maximum likelihood algorithm for data association. In the 1990s and 2000s, EKF SLAM had been the de facto method for SLAM, until the introduction of FastSLAM. Asia Pacific Leads the Global Simultaneous Localization and Mapping market
PBI’s global virtual network interface market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to 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 togrowing 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. Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global virtual network interface market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, Alphabet, Inc., a multi-industry company based in California, U.S., uses simultaneous localization and mapping in its self-driving cars. It is researching the technology under its fully owned subsidiary Waymo. Additionally, the launch of simultaneous localization and mapping (SLAM) technology in robots and UAVs has led to new launches and innovations. Key player’s profiles in the report are 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) and Mobile Industrial Robots ApS (Denmark). Precision Business Insights (PBI) in its report titled “Global Simultaneous Localization and Mapping Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Type o EKF SLAM o Fast SLAM o Graph-Based SLAM o Others By Offering o 2D SLAM o 3D SLAM By Application o Robotics o UAV o AR/VR o Automotive o Others By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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