This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The simultaneous localization and mapping technology market size has grown exponentially in recent years. It will grow from $0.55 billion in 2024 to $0.8 billion in 2025 at a compound annual growth rate (CAGR) of 45.4%. The growth in the historic period can be attributed to the rising adoption of autonomous vehicles, the increasing focus of the automobile industry, the increasing application of SLAM in augmented reality (AR), the rising demand for self-locating robotics in homes and enterprises, and the and the increasing demand for advanced technologies.
The simultaneous localization and mapping technology market size is expected to see exponential growth in the next few years. It will grow to $3.56 billion in 2029 at a compound annual growth rate (CAGR) of 45%. The growth in the forecast period can be attributed to increasing demand for unmanned aerial vehicles, growing demand for robots, demand for autonomous navigation and mapping solutions, the increasing adoption of SLAM technology in the industrial sector, and increasing demand for advanced technologies. Major trends in the forecast period include advanced sensor technologies, favorable government initiatives, the latest immersive AR and VR experiences, supportive regulatory frameworks, and high consumer acceptance of emerging technologies.
The growing demand for unmanned aerial vehicles (UAVs) is expected to drive the growth of the simultaneous localization and mapping (SLAM) technology market in the near future. UAVs, which are aircraft operated without human pilots, have wide-ranging applications in sectors such as aerial photography, agriculture, construction, infrastructure inspection, environmental monitoring, search and rescue, disaster response, surveillance, and law enforcement. SLAM technology is crucial for UAV navigation, enabling them to autonomously generate real-time maps of their surroundings and accurately determine their position. This allows UAVs to perform tasks like aerial surveying, inspection, and surveillance with precision and efficiency. For example, in May 2024, the International Trade Administration, a US-based government agency, reported that the Association of Unmanned Aviation (VUL) expects the global number of commercially used drones to increase by 40% from 2022 to 2030. As a result, the rising demand for UAVs is driving the growth of the SLAM technology market.
Key players in the simultaneous localization and mapping technology market are concentrating on technological advancements, such as remote sensing payload instrument solutions (RESEPI), to deliver high-quality results. The RESEPI solution stands out as a robust, reliable, and cost-effective solution catering to remote sensing applications that demand precise and accurate results. For example, Inertial Labs Inc., a US-based manufacturer of high-performance sensors, recently launched the RESEPI scanner in January 2024, powered by Kudan’s 3D Lidar SLAM engine for digitization. This scanner produces very high-quality point clouds across diverse sensing modalities, offering accurate outputs with higher resolution and precision in various dynamic mapping environments.
In September 2022, FARO Technologies Inc., a US-based digital technology company, acquired GeoSLAM Ltd. for approximately $45.8 million. This strategic acquisition is expected to significantly broaden FARO's market growth opportunities in the mobile scanning sector and the simultaneous localization and mapping (SLAM) software market. GeoSLAM Ltd., a UK-based technology company specializing in high-productivity SLAM software for creating 3D models, adds substantial value to FARO's portfolio and enhances its position in the SLAM technology domain.
Major companies operating in the simultaneous localization and mapping technology market report are Samsung Electronics Co. Ltd.; Microsoft Corporation; Meta Technologies Inc.; Huawei Technologies Co. Ltd.; Hitachi Ltd.; LG Electronics Inc.; Intel Corporation; Telefonaktiebolaget LM Ericsson; BAE Systems plc; NEC Corporation; Capgemini SE; Wipro Limited; Rockwell Automation Inc.; Tech Mahindra Ltd.; Intellias; Kudan Inc.; Skydio; Magic Leap Inc.; Locus Robotics Inc.; NavVis; Aethon Inc.; MAXST Co. Ltd.; Gestalt Robotics GmbH.
North America was the largest region in the simultaneous localization and mapping technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the simultaneous localization and mapping technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the simultaneous localization and mapping technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The simultaneous localization and mapping technology market consists of revenues earned by entities by software development kits (SDKs), subscription service, custom SLAM solutions, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The simultaneous localization and mapping technology market also includes sales of LiDAR sensors, depth cameras, inertial measurement units (IMUs), and specialized sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Simultaneous localization and mapping (SLAM) is a technique employed in robotics and computer vision to generate a map of an unknown environment while concurrently tracking the location within that environment. This proves invaluable in scenarios where GPS or other external localization methods are either unavailable or unreliable, such as indoor environments or situations necessitating high precision.
The primary types of SLAM technology include extended kalman filter (EKF), FastSLAM, Graph-based SLAM, and various others. Extended kalman filter SLAM is a technique utilized in robotics to monitor the position of a robot and construct a map of its surroundings. These technologies offer both two-dimensional (2D) and three-dimensional (3D) models applicable across a range of fields, including unmanned aerial vehicles (UAVs), robotics, augmented reality (AR), virtual reality (VR), autonomous vehicles, and more. The end-users encompass commercial, military, agriculture and forestry, mining, automotive, manufacturing, logistics, and household appliance sectors.
The simultaneous localization and mapping technology market research report is one of a series of new reports that provides simultaneous localization and mapping technology market statistics, including simultaneous localization and mapping technology industry global market size, regional shares, competitors with a simultaneous localization and mapping technology market share, detailed simultaneous localization and mapping technology market segments, market trends and opportunities, and any further data you may need to thrive in the simultaneous localization and mapping technology industry. This simultaneous localization and mapping technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The simultaneous localization and mapping technology market size has grown exponentially in recent years. It will grow from $0.55 billion in 2024 to $0.8 billion in 2025 at a compound annual growth rate (CAGR) of 45.4%. The growth in the historic period can be attributed to the rising adoption of autonomous vehicles, the increasing focus of the automobile industry, the increasing application of SLAM in augmented reality (AR), the rising demand for self-locating robotics in homes and enterprises, and the and the increasing demand for advanced technologies.
The simultaneous localization and mapping technology market size is expected to see exponential growth in the next few years. It will grow to $3.56 billion in 2029 at a compound annual growth rate (CAGR) of 45%. The growth in the forecast period can be attributed to increasing demand for unmanned aerial vehicles, growing demand for robots, demand for autonomous navigation and mapping solutions, the increasing adoption of SLAM technology in the industrial sector, and increasing demand for advanced technologies. Major trends in the forecast period include advanced sensor technologies, favorable government initiatives, the latest immersive AR and VR experiences, supportive regulatory frameworks, and high consumer acceptance of emerging technologies.
The growing demand for unmanned aerial vehicles (UAVs) is expected to drive the growth of the simultaneous localization and mapping (SLAM) technology market in the near future. UAVs, which are aircraft operated without human pilots, have wide-ranging applications in sectors such as aerial photography, agriculture, construction, infrastructure inspection, environmental monitoring, search and rescue, disaster response, surveillance, and law enforcement. SLAM technology is crucial for UAV navigation, enabling them to autonomously generate real-time maps of their surroundings and accurately determine their position. This allows UAVs to perform tasks like aerial surveying, inspection, and surveillance with precision and efficiency. For example, in May 2024, the International Trade Administration, a US-based government agency, reported that the Association of Unmanned Aviation (VUL) expects the global number of commercially used drones to increase by 40% from 2022 to 2030. As a result, the rising demand for UAVs is driving the growth of the SLAM technology market.
Key players in the simultaneous localization and mapping technology market are concentrating on technological advancements, such as remote sensing payload instrument solutions (RESEPI), to deliver high-quality results. The RESEPI solution stands out as a robust, reliable, and cost-effective solution catering to remote sensing applications that demand precise and accurate results. For example, Inertial Labs Inc., a US-based manufacturer of high-performance sensors, recently launched the RESEPI scanner in January 2024, powered by Kudan’s 3D Lidar SLAM engine for digitization. This scanner produces very high-quality point clouds across diverse sensing modalities, offering accurate outputs with higher resolution and precision in various dynamic mapping environments.
In September 2022, FARO Technologies Inc., a US-based digital technology company, acquired GeoSLAM Ltd. for approximately $45.8 million. This strategic acquisition is expected to significantly broaden FARO's market growth opportunities in the mobile scanning sector and the simultaneous localization and mapping (SLAM) software market. GeoSLAM Ltd., a UK-based technology company specializing in high-productivity SLAM software for creating 3D models, adds substantial value to FARO's portfolio and enhances its position in the SLAM technology domain.
Major companies operating in the simultaneous localization and mapping technology market report are Samsung Electronics Co. Ltd.; Microsoft Corporation; Meta Technologies Inc.; Huawei Technologies Co. Ltd.; Hitachi Ltd.; LG Electronics Inc.; Intel Corporation; Telefonaktiebolaget LM Ericsson; BAE Systems plc; NEC Corporation; Capgemini SE; Wipro Limited; Rockwell Automation Inc.; Tech Mahindra Ltd.; Intellias; Kudan Inc.; Skydio; Magic Leap Inc.; Locus Robotics Inc.; NavVis; Aethon Inc.; MAXST Co. Ltd.; Gestalt Robotics GmbH.
North America was the largest region in the simultaneous localization and mapping technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the simultaneous localization and mapping technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the simultaneous localization and mapping technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The simultaneous localization and mapping technology market consists of revenues earned by entities by software development kits (SDKs), subscription service, custom SLAM solutions, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The simultaneous localization and mapping technology market also includes sales of LiDAR sensors, depth cameras, inertial measurement units (IMUs), and specialized sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Simultaneous localization and mapping (SLAM) is a technique employed in robotics and computer vision to generate a map of an unknown environment while concurrently tracking the location within that environment. This proves invaluable in scenarios where GPS or other external localization methods are either unavailable or unreliable, such as indoor environments or situations necessitating high precision.
The primary types of SLAM technology include extended kalman filter (EKF), FastSLAM, Graph-based SLAM, and various others. Extended kalman filter SLAM is a technique utilized in robotics to monitor the position of a robot and construct a map of its surroundings. These technologies offer both two-dimensional (2D) and three-dimensional (3D) models applicable across a range of fields, including unmanned aerial vehicles (UAVs), robotics, augmented reality (AR), virtual reality (VR), autonomous vehicles, and more. The end-users encompass commercial, military, agriculture and forestry, mining, automotive, manufacturing, logistics, and household appliance sectors.
The simultaneous localization and mapping technology market research report is one of a series of new reports that provides simultaneous localization and mapping technology market statistics, including simultaneous localization and mapping technology industry global market size, regional shares, competitors with a simultaneous localization and mapping technology market share, detailed simultaneous localization and mapping technology market segments, market trends and opportunities, and any further data you may need to thrive in the simultaneous localization and mapping technology industry. This simultaneous localization and mapping technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Simultaneous Localization and Mapping Technology Market Characteristics3. Simultaneous Localization and Mapping Technology Market Trends and Strategies4. Simultaneous Localization and Mapping Technology Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Simultaneous Localization and Mapping Technology Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Simultaneous Localization and Mapping Technology Market34. Recent Developments in the Simultaneous Localization and Mapping Technology Market
5. Global Simultaneous Localization and Mapping Technology Growth Analysis and Strategic Analysis Framework
6. Simultaneous Localization and Mapping Technology Market Segmentation
7. Simultaneous Localization and Mapping Technology Market Regional and Country Analysis
8. Asia-Pacific Simultaneous Localization and Mapping Technology Market
9. China Simultaneous Localization and Mapping Technology Market
10. India Simultaneous Localization and Mapping Technology Market
11. Japan Simultaneous Localization and Mapping Technology Market
12. Australia Simultaneous Localization and Mapping Technology Market
13. Indonesia Simultaneous Localization and Mapping Technology Market
14. South Korea Simultaneous Localization and Mapping Technology Market
15. Western Europe Simultaneous Localization and Mapping Technology Market
16. UK Simultaneous Localization and Mapping Technology Market
17. Germany Simultaneous Localization and Mapping Technology Market
18. France Simultaneous Localization and Mapping Technology Market
19. Italy Simultaneous Localization and Mapping Technology Market
20. Spain Simultaneous Localization and Mapping Technology Market
21. Eastern Europe Simultaneous Localization and Mapping Technology Market
22. Russia Simultaneous Localization and Mapping Technology Market
23. North America Simultaneous Localization and Mapping Technology Market
24. USA Simultaneous Localization and Mapping Technology Market
25. Canada Simultaneous Localization and Mapping Technology Market
26. South America Simultaneous Localization and Mapping Technology Market
27. Brazil Simultaneous Localization and Mapping Technology Market
28. Middle East Simultaneous Localization and Mapping Technology Market
29. Africa Simultaneous Localization and Mapping Technology Market
30. Simultaneous Localization and Mapping Technology Market Competitive Landscape and Company Profiles
31. Simultaneous Localization and Mapping Technology Market Other Major and Innovative Companies
35. Simultaneous Localization and Mapping Technology Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Simultaneous Localization And Mapping Technology Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on simultaneous localization and mapping technology market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for simultaneous localization and mapping technology? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The simultaneous localization and mapping technology market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Extended Kalman Filter (EKF); Fast; Graph-Based; Other Types2) By Offering: Two-Dimensional (2D); Three-Dimensional (3D)
3) By Application: Unmanned Aerial Vehicle (UAV) And Robots; Augmented Reality (AR) And Virtual Reality (VR); Autonomous Vehicles; Other Applications
4) By End User: Commercial; Military; Agriculture And Forestry; Mining; Automotive; Manufacturing And Logistics; Household Appliance
Subsegments:
1) By Extended Kalman Filter (EKF): Monocular EKF SLAM; Stereo EKF SLAM; LiDAR-Based EKF SLAM2) By Fast: Particle Filter-Based Fast SLAM; Multi-Particle Filter Fast SLAM
3) By Graph-Based: Optimization-Based Graph SLAM; Pose Graph SLAM
4) By Other Types: Visual SLAM (V-SLAM); LiDAR SLAM; RGB-D SLAM; Multi-Sensor Fusion SLAM
Key Companies Mentioned: Samsung Electronics Co. Ltd.; Microsoft Corporation; Meta Technologies Inc.; Huawei Technologies Co. Ltd.; Hitachi Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Simultaneous Localization and Mapping Technology market report include:- Samsung Electronics Co. Ltd.
- Microsoft Corporation
- Meta Technologies Inc.
- Huawei Technologies Co. Ltd.
- Hitachi Ltd.
- LG Electronics Inc.
- Intel Corporation
- Telefonaktiebolaget LM Ericsson
- BAE Systems plc
- NEC Corporation
- Capgemini SE
- Wipro Limited
- Rockwell Automation Inc.
- Tech Mahindra Ltd.
- Intellias
- Kudan Inc.
- Skydio
- Magic Leap Inc.
- Locus Robotics Inc.
- NavVis
- Aethon Inc.
- MAXST Co. Ltd.
- Gestalt Robotics GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 0.8 Billion |
Forecasted Market Value ( USD | $ 3.56 Billion |
Compound Annual Growth Rate | 45.0% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |