The global simultaneous localization and mapping (SLAM) technology market is on a rapid growth trajectory, with a projected increase from USD 311.3 million in 2024 to USD 2,600.5 million by 2030, at a CAGR of 42.4%. The market is being primarily driven by the demand for autonomous vehicles, augmented reality applications, and unmanned aerial vehicles. Industries such as automotive and manufacturing are adopting industrial robots with SLAM capabilities to boost productivity. The SLAM technology market offers two-dimensional (2D) and three-dimensional (3D) systems, with the 2D segment holding a larger market share in 2024. The extended Kalman filter (EKF) is the leading type in the market due to its consistent performance over time and lower computational complexity. Robotics is the largest application segment, while UAVs are expected to see the fastest growth. The military sector is the largest and fastest-growing end-user segment, with North America dominating the market currently. However, the Asia-Pacific region is expected to witness the fastest growth. Visual SLAM is a transformative advancement in the sector, enhancing AR applications and embedded vision solutions. Despite its rapid rise, SLAM technology faces challenges in low-dynamic environments. Major players in the market include Intel Corporation, Alphabet Inc., Apple Inc., Microsoft Corporation, Clearpath Robotics, NavVis GmbH, Parrot Drones SAS, and Meta Platforms Inc. Future opportunities lie in integrating SLAM technology with autonomous driving systems, smart manufacturing, and next-generation AR applications. Contact P&S Intelligence for more information on the SLAM technology market.
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