Robot Operating System Market: Size, Share, Trends, Current and Future Analysis
According to a research report " Robot Operating System Market Trend by Robot Type (Articulated, SCARA, Parallel, Cartesian, Collaborative), Industry (Automotive, Electrical and Electronics, Metals and Machinery, Food and Beverages, Healthcare), and Region - Global Forecast to 2024" , published by MarketsandMarkets, the global Robot Operating System (ROS) market size is expected to grow from USD 312 million in 2019 to USD 467 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period. The adoption rate of ROS is expected to grow, owing to a rise in the Research and Development (R&D) funds for industry automation, increasing implementation of collaborative modular robots, growing demand for Robotics-as-a-Service (RaaS) model, and the rising adoption of low-cost industrial robots. Collaborative robots segment to hold the highest CAGR during the forecast period The safety features, as well as the benefits over other robots to p...