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Robot Operating System Market worth $1,082 million by 2028 – Exclusive Report by MarketsandMarkets™

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CHICAGO, July 25, 2023 /PRNewswire/ — The robot operating system market is projected to grow from USD 581 million in 2023 and is projected to reach USD 1,082 million by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. Increasing demand for robotics-as-a-service models is one of the major opportunities in the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19870751

Browse in-depth TOC on “Robot Operating System Market” 
150 – Tables
70 – Figures
220 – Pages

Robot Operating System Market Report Scope:

Report Coverage

Details

Market Revenue in 2023

$581 million

Estimated Value by 2028

$1,082 million

Growth Rate

Poised to grow at a CAGR of 13.2%

Market Size Available for

2019–2028

Forecast Period

2023–2028

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Robot Type, Application, End User and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Need to safely handle industrial grade operation

Key Market Opportunities

Increasing demand for Robotics-as-a-Service (RaaS) Model

Key Market Drivers

Rising R&D fund for industrial automation

 

The collaborative robots segment holds the second highest CAGR during the forecast period.

Collaborative robots are the most customized robots compared to others, such as parallel or SCARA robots; they can be modified per the intended application or requirement for modularity, safety, ease of performance, and efficiency. Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility. As the demand for collaborative robots is increasing, a significant demand for robot operating systems is expected during the forecast period.

Automotive industry to hold the largest market share during the forecast period.

The robot operating system is highly incorporated into robots used in the automotive industry. The implementation of robots can help manufacturers reduce time-to-market, cut product costs, lower energy consumption, and more. As automotive manufacturers look to remain competitive, they expect robotics to continue playing a pivotal role in the automotive industry’s evolution.

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Europe grew with the second highest CAGR during the forecast period.

Emerging European markets such as the UK and Germany are expected to offer significant opportunities in the robot operating system industry. The increasing adoption of IoT and connected devices, growing deployment of automation solutions such as Programmable Logic Controllers (PLC) and Manufacturing Execution Systems (MES) by the automotive industry, and rising adoption of Industry 4.0 are some of the key factors driving the adoption of robot operating system in the region.

In the  robot operating system companies, the key and emerging market players include ABB Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Denso (Japan), Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), Clearpath Robots (Canada), iRobot Corporation (US), Apart from these, Pal Robotics (Spain), Robotnik (Spain), Rethink Robotics (Germany), Stanley Innovation (US), Husarion (Poland), Neobotix (Germany), Shadow Robot (UK), Yamaha Motor (Japan), Estun Automation (China), Shibaura Machine (Japan), Hirata Corporation (Japan), Techman Robot (Taiwan), Franka Emika (Germany), Bosch Rexroth AG (Germany), and  Kawasaki Heavy Industries (Japan)

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Industrial Robotics Market by Type (Traditional, Collaborative Robots), Component, Payload, Application (Handling, Processing), Industry (Automotive, Food & Beverages) and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027

Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) – Global Forecast to 2025

SCARA Robot Market by Payload Capacity (Up to 5.00 kg, 5.01–15.00 kg), Application (Handling and Assembling & Disassembling), Industry (Automotive, Electrical & Electronics, Metals & Machinery, Food & Beverages), and Geography – Global Forecast to 2024

Service Robotics Market by Environment (Aerial, Ground, Marine), Type (Professional, Personal & Domestic), Component, Application (Logistics, Inspection & Maintenance, Public Relations, Education) and Region – Global Forecast to 2028

Collaborative Robot Market by Payload (Up to 5 Kg, 5-10 kg, 10-20 kg, more than 20 kg), Component, Robotic Arm, End Effectors, Drives, Controllers, Sensors, Power Supply, Motors, Software), Application, Industry and Region – Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/robot-operating-system-market.asp
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Blockchain

Earn Alliance Partners with MetaLend to Revolutionize Web3 Gaming Asset Management

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Earn Alliance, the largest web3 game aggregator and discovery platform leading the future frontier of gaming, announces a strategic partnership with MetaLend, a leading crypto trading platform for web3 gaming assets. This collaboration introduces an innovative airdrop initiative designed to enhance asset management and trading within the gaming community.

MetaLend, renowned as the only staking platform for ronin assets on the Ronin chain, has integrated its robust technology with Earn Alliance’s expansive global ecosystem, giving them access to a highly-engaged community of today’s biggest gamers. This partnership will also enable Earn Alliance users to stake ronin game tokens and assets directly on the platform, leveraging MetaLend’s advanced tech and infrastructure.

Joseph “Coop” Cooper, CEO & Founder of Earn Alliance, emphasizes the strategic importance of the partnership: “MetaLend is not just a platform; it’s a pivotal part of the Ronin ecosystem and beyond. It simplifies swaps and lending. Our collaboration will reduce the friction for adopting game NFTs and enhance our upcoming NFT marketplace aggregator.”

Sudjeev Singh, Co-Founder of MetaLend, explains, “More and more games building on the blockchain means a new class of investor is emerging – gamers! Unlike other platforms, MetaLend is dedicated to these users. We showcase gameplay, graphics, and explain how tokens integrate within a game’s economy. Our collaboration with Earn Alliance has already attracted gamers holding over $135M in gaming assets.”

Earn Alliance leverages its established and growing ecosystem to offer a gamified engagement-as-a-service platform, which rewards users for their gaming activities. With a mission to inspire and empower gamers, Earn Alliance has grown rapidly, now boasting over 650,000 highly engaged gamers. The platform recently facilitated an airdrop where the community claimed over 40M tokens and logged over 1B hours of gameplay across Epic and Steam.

As part of the partnership, MetaLend will be working with Earn Alliance on a mission for a chance to win $5,000 in USDC from May 8-15. In addition to expanding both MetaLend and Earn Alliance’s reach, functionality and community benefits, this collaboration enhances possibilities for gaming-oriented crypto audiences looking for new experiences, creating a simple bridge for the future intersection of tech and gaming.

The post Earn Alliance Partners with MetaLend to Revolutionize Web3 Gaming Asset Management appeared first on HIPTHER Alerts.

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First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One

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XCAD Network, a leading Watch2Earn tokenisation platform for YouTubers, has achieved significant success with its first-ever full product creator token $DON, in collaboration with Donato Muñoz (TheDonato), a popular YouTube star with 40M+ subscribers and 7B views recognised for exciting content about video games. Since its launch on the 8th of May, the new creator token has soared to a 100x all-time high, now sitting at 43x at US$0.043, achieved a 24-hour trading volume of US$2.7 million, and attained an FDV of US$43 million, successfully redefining creator tokenisation and providing fans with unmatched access and rewards.

The new $DON token, launched and specifically tailored to meet the unique interests of TheDonato’s fanbase, features an array of exclusive benefits and engagement opportunities that capitalise on the growth of the creator economy. In anticipation of these perks, which include product rewards, exclusive raffle participation, and a significant role in influencing TheDonato’s content creation journey, the launch was live-streamed to the YouTuber’s 40M+ subscribers who have shown substantial enthusiasm by delving into purchasing the new creator token to enjoy these unique advantages.

Oliver Bell, CEO and Co-Founder of XCAD Network, expressed his excitement about the success of the new creator token launch: “Watching TheDonato’s fanbase rally behind the launch of the $DON token is incredibly affirming. It is a clear indication that our platform’s commitment to empowering content creators and engaging fans through innovative blockchain technology is resonating. This launch not only celebrates the success of TheDonato but also exemplifies our vision of transforming fan engagement into tangible rewards and opportunities. The imminent next steps involve launching the $DON token and integrating it into the XCAD app. This will enable fans to acquire and utilise the token to connect with Donato.”

Donato Muñoz (TheDonato) added: “The response from my fanbase to the $DON token has been overwhelmingly positive, marking a significant milestone early in its rollout. Their support is crucial to my growth as a content creator and illustrates the power of including fans directly in the content creation process. The launch was live-streamed to my fans, and it was an awesome event. We are just beginning this exciting journey together, and I am eager to explore how this collaborative approach will evolve, making content creation a more interactive and rewarding experience for every loyal supporter.”

Having onboarded YouTubers with over 800 million subscribers combined, XCAD Network is on a mission to bridge the gap between creators and their fans, while creating competitive advantages and additional monetary avenues for creators. The $DON token marks a crucial step in this journey by pushing TheDonato’s fanbase beyond the traditional boundaries of fan-creator interactions, developing a mutually rewarding relationship.

The post First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One appeared first on HIPTHER Alerts.

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Blockchain Press Releases

Korea Blockchain Week 2024 Announces Esteemed Headline Speakers, Claiming its Crown as the World’s Pre-eminent Web3 Conference

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  • As Korea rises as the Web3 capital, Korea Blockchain Week 2024 sets out as the platform to navigate the action-packed market, as well as the confluence of Web3 innovations and institutional capital
  • The initial round of speakers unveiled include Ethereum Co-Founder Vitalik Buterin (Virtual), Evan Cheng from Sui Network, Mike Belshe from BitGo, and Yat Siu from Animoca Brands

SEOUL, South Korea, May 9, 2024 /PRNewswire/ — Korea Blockchain Week 2024, Asia’s premier Web3 festival, has announced its first batch of high-profile headline speakers for its much-anticipated return to Seoul. The seventh edition of Korea Blockchain Week (KBW) will take place 1-7 September 2024, with its flagship two-day “IMPACT” conference held between 3-4 September at the Walkerhill Hotels & Resorts, Seoul, South Korea.

KBW2024 is set to be one of the most anticipated global Web3 gatherings this year, building upon the success of its previous edition, which drew over 30,000 attendees and 250 speakers. Founded and organized by Web3 ecosystem builder, FACTBLOCK, and co-hosted by Asia’s leading Web3 VC fund, Hashed, this year’s KBW will cover the convergence of Web2 and Web3, underscoring the significance of Asia-powered growth, innovation and adoption that is fueling the global Web 3 ecosystem.

Seon-ik Jeon, CEO of FACTBLOCK; Founder and Host of KBW said: “KBW sets the benchmark for the highest calibre of global Web3 industry festivals and conferences. The continued return of our headline speakers, coupled with the addition of fresh luminaries to our roster, is a testament to the undeniable role KBW plays in capturing the confluence of Web3 innovations in the East and the West. As Korea, and Asia more broadly, emerge as the bellwether for Web3 adoption, this year’s KBW is poised to be the prime avenue to host impactful dialogues that underpins the renewed sense of optimism and excitement in today’s Web3 landscape.” 

Bringing together leading investors, builders and founders in Web3 and beyond, this year’s IMPACT conference will feature foundational themes for Web3’s future, including applications, infrastructure, tech stack, institutional interest, art and culture, and many more. The impressive speaker line-up includes returning speakers from its 2023 IMPACT conference, such as Ethereum Co-Founder, Vitalik Buterin (Virtual); Arthur Hayes from Maelstrom; Caroline Pham from CFTC; Ed Felten from Offchain Labs; Mike Belshe from BitGo; Mo Shaikh from Aptos Labs; Muneeb Ali from Trust Machines; Sergey Nazarov from Chainlink. It also welcomes new headline speakers including Aleksander Larsen from Sky Mavis; Eli Ben-Sasson from Starkware; Evan Cheng from Sui Network; Keone Hon from Monad; and Yat Siu from Animoca Brands. More speakers can be found on the KBW website. 

“Korea has garnered significant global interest due to its pool of talented developers in the realms of applications and content, which are crucial for widespread adoption,” said Simon Kim, CEO at Hashed. “Our goal for KBW2024 is to bring together distinguished speakers who can highlight the most captivating trends in the global blockchain market and shed light on the unique opportunities present in the Korean and Asian markets. By doing so, we aim to provide attendees with valuable insights and foster meaningful networking opportunities that drive innovation and collaboration in the industry.”

Gathering global industry leaders, top decision-makers and builders, the KBW2024 features its keystone conference IMPACT, along with other main events, which will be announced in the coming months. The super early bird pass for KBW 2024 is available from now until June 11, 2024. For more information and continued updates on Korea Blockchain Week 2024, please visit: https://koreablockchainweek.com/

Seonik Jeon, CEO of FACTBLOCK; Founder and Host of KBW is available for comments.
PR Newswire is the News Distribution Partner of the Korea Blockchain Week 2024.

About Korea Blockchain Week:

Founded by FACTBLOCK and co-hosted by Hashed, Korea Blockchain Week (KBW) is an annual global blockchain and web3 festival held in Seoul, South Korea, since 2018. It has been a gathering ground for the top global blockchain and web3 leaders and unifying diverse communities.

KBW curates multiple prestigious main events, including the flagship conference ‘IMPACT.’ This provides participants and attendees exclusive opportunities to exchange industry insights and indulge in an immersive blend of music, art, and culture, making KBW a unique and enriching experience for all involved.

Photo – https://mma.prnewswire.com/media/2408616/KBW_Speakers.jpg

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