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3. Swarm Robotics Companies - LG Energy Solution (South Korea) and Samsung SDI Co., Ltd are the Key Players

The swarm robotics market is projected to grow from USD 0.8 billion in 2023 to USD 3.0 billion by 2028, registering a CAGR of 30.9% during the forecast period. The rising adoption of swarm-based drones in the military sector and the development of new technologies, such as artificial intelligence and machine learning, are expected to propel the swarm robotics market in the next five years. However, technical challenges and high initial investment will likely pose challenges for the industry players.

Swarm Robotics companies include:

• Hydromea (Switzerland),
• Boston Dynamic (US),
• SwarmFarm (Australia),
• Swarm Technology (US),
• Sentien Robotics (US),
• Berkeley Marine Robotics (US),
• Swisslog Holding AG (Switzerland),
• FARobot, Inc. (Taiwan),
• K-Team Corporation (Switzerland),
• KION Group AG (Germany)

Major strategies adopted by top players to enhance their product portfolios, increase their market share, and expand their presence in the market include new product launches and deals such as acquisitions and partnerships.

To know about the assumptions considered for the study download the pdf brochure

Hydromea is a company specializing in underwater wireless communication and robotics solutions. They focus on developing innovative technologies for various industries requiring reliable and efficient underwater communication. Hydromea's drones are designed to inspect submerged assets, such as pipelines, offshore platforms, and ships. The drones are equipped with a variety of sensors, including cameras, sonar, and lasers. They can also be used to collect water samples and to perform other underwater tasks. The company offers various products such as VERTEX, EXRAY, LUMA, and DISKDRIVE. The company serves various industries, such as oil and gas, shipping, and renewable energy. The company is engaged in developing small autonomous underwater vehicles (AUVs) designed to cooperate in large groups using a low-frequency radio system for robotic swarms.

SwarmFarm Robotics is one of the leading companies engaged in the development of agricultural robots for crop production. It offers driverless tractors that automate existing field operations. They are lightweight, efficient, and sensor-guided autonomous machines loaded with technology that allows new farming methods. Its crop protection robot, for example, provides precision application of protection products, significantly improving efficiencies. Through individual weed treatment, the robot massively reduces the amount of herbicide used on farms, improving agriculture's sustainability and environmental impact. It also has mowing and slashing robots.

K-Team Corporation is a Swiss company that develops, manufactures, and markets mobile robots for use in advanced education and research. The Khepera, Kilobot, and Koala are majorly used for academic research. The Khepera is a small, six-legged robot that is used for research in robotics, artificial intelligence, and machine learning. The Koala is a larger, four-wheeled robot that is used for research in logistics, manufacturing, and other applications. K-Team also offers a variety of robotic solutions, including software, hardware, and consulting services. The company's software solutions allow users to program and control K-Team robots. The company's hardware solutions include sensors, actuators, and other components that can be used to build custom robots.

Related Reports:

Swarm Robotics Market by Platform (UAV, UGV), Application (Security, Inspection & Monitoring, Mapping & Surveying, Search & Rescue and Disaster Relief, Supply Chain and Warehouse Management), End-Use Industry and Region - Global Forecast to 2028

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Mr. Aashish Mehra
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