Vision Guided Robotics Market Size, Share, Growth Analysis, By Component(Hardware, Software, and Services), By Type(2D Vision, 3D Vision), By Application(Automobile, Electrical & Electronics, Healthcare & Pharmaceutical, Aerospace & Defense), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45A2354 | Region: Global | Published Date: October, 2024
Pages: 196 |Tables: 95 |Figures: 71

Vision Guided Robotics Market Insights

Vision Guided Robotics Market size was valued at USD 13.82 Billion in 2023 and is poised to grow from USD 14.9 Billion in 2024 to USD 27.22 Billion by 2032, growing at a CAGR of 7.82% during the forecast period (2025-2032).

Rapidly surging demand for automation across multiple industry verticals and advancements in robotics technologies are slated to boost the demand for vision guided robotics going forward. Advancements in machine vision technologies are also expected to bolster the adoption of vision guided robotics in the future. The boom in e-commerce activity is also promoting the demand for advanced logistics and warehousing solutions thereby offering new business scope for vision guided robotics providers. Surge in popularity and adoption of collaborative robots and growing application scope of vision guided robotics in healthcare are also anticipated to supplement the global vision guided robotics market growth in the long run. On the contrary, complexity in integration, high initial costs, dearth of skilled workforce, and data privacy concerns are all slated to be key restraints for vision guided robotics companies across the study period and beyond. 

Market snapshot - 2025-2032

Global Market Size

USD 7.7 Billion

Largest Segment

2D Vision

Fastest Growth

3D Vision

Growth Rate

10.7% CAGR

Global Vision Guided Robotics Market ($ Bn)
Country Share for Asia Pacific Region (%)

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Vision Guided Robotics Market Segmental Analysis

Global Vision Guided Robotics Market is segmented by Component, Type, Application, and Region. Based on Component, the market is segmented into Hardware, Software, Services. Based on Type, the market is segmented into 2D Vision, 3D Vision. Based on Application, the market is segmented into Automobile, Electrical & Electronics, Healthcare & Pharmaceutical, Aerospace & Defense, Food & Beverage, Logistics, Welding, Inspection and Cleaning, Painting and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. 

Analysis by Component 

The hardware segment is expected to account for a major chunk of the global vision guided robotics market share in the future. Extensive use of advanced sensors and hardware components to ensure optimal functioning of vision guided robots are helping this segment hold sway over others. Advancements in vision guided sensors and other types of vision technology related hardware are also expected to help this segment bring in more revenue than others. High costs of advanced hardware systems are also providing new opportunities for vision guided robotics companies focusing on this segment.  

On the other hand, the demand for services is slated to rise at a notable pace across the forecast period and beyond. High complexity of vision-guided robotics deployment and maintenance are expected to offer new business scope for vision guided robotics service providers going forward. Continuous need for upgrades and integration of advanced technologies are also slated to promote the demand for services. Absence of skilled professionals and hesitance of companies to spend more on acquiring skilled labor are also expected to create new opportunities for companies focusing on this segment.  

Analysis by Type 

2D vision segment is forecasted to account for the largest global vision guided robotics market share over the coming years. Easy integration and high reliability are key factors that are expected to help 2D vision systems to maintain their dominant stance in the market. Moreover, the user-friendly nature of 2D vision technology also makes it a popular choice among vision guided robotics companies around the world. Growing demand for industrial automation is projected to primarily cement the high share of this segment in the long run. Conveyer belts and assembly lines are slated to be prime application areas of 2D vision guided robotics.  

However, the demand for 3D vision in vision guided robotics is slated to rise at a robust CAGR across the study period and beyond. The use of 3D vision systems can help improve the functionality of robots and enhance their ability to detect objects, and navigate complex environments to perform tasks with greater accuracy as compared to 2D vision. The use of 3D vision guided robots is expected to rise in bin picking, sorting, assembly, and quality monitoring applications going forward. Automotive industry is slated to emerge as the prime adopter of 3D vision guided robots in the long run.

Global Vision Guided Robotics Market By Type

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Vision Guided Robotics Market Regional Insights

The Asia Pacific region is forecasted to account for a substantial share of the global vision guided robotics market in the future. Presence of a robust manufacturing industry, growing adoption of industrial automation, and rising emphasis on productivity enhancement are expected to boost sales of vision guided robotics in this region. China is expected to be the leading market owing to its efforts to enhance its manufacturing activity and maintain its dominant position in the global manufacturing landscape. Japan, India, and South Korea are slated to be other opportune markets owing to the presence of robust automotive manufacturing industry and high adoption of robotics in the long run. 

The strong technological background of the North American region makes it the second-largest market for vision guided robotics providers. Growing adoption of automation across different industry verticals and availability of advanced robotics technologies are slated to offer new opportunities for vision guided robotics companies in this region. Surging investments in machine vision and robotics innovation from public as well as private companies are also estimated to create new business scope in the long run. Canada and the United States are slated to emerge as the most opportune markets in the North American region through 2031 and beyond.

Global Vision Guided Robotics Market By Region
  • Largest
  • Fastest

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Vision Guided Robotics Market Dynamics

Vision Guided Robotics Market Drivers 

Use of Automation in Manufacturing 

  • Demand for automation in manufacturing is rising rapidly around the world, and this is expected to primarily augment the sales of vision guided robotics in the future. Industries like automotive, electronics, and consumer goods require robots with advanced vision systems for assembly, inspection, and material handling as they focus on improving productivity and reduction of errors.  

Boom in e-Commerce in Industry 

  • Booming e-commerce activity around the world has led to increased demand for more efficient logistics and warehousing solutions. ision-guided robots are vital in sorting, picking, and packing operations due to their ability to recognize and handle diverse objects. Companies are adopting these systems to meet rapid delivery expectations and reduce operational costs whilst keeping up with the rapidly expanding e-commerce industry.  

Vision Guided Robotics Market Restraints 

Dearth of Skilled Workforce 

  • Vision guided robotics are highly advanced systems equipped with state-of-the-art technologies. Managing and maintaining vision guided robotics requires highly skilled technicians and professionals. The shortage of these skilled professions is projected to hinder the adoption of vision guided robotics and result in reduced revenue generation for companies in the long run 

Complexity in Integration 

  • Integrating vision guided robotics into existing infrastructure and workflows is a highly complex task. This integration requires specialized knowledge and customized solutions, which can delay vision guided robotics deployment and increase cost of adoption for organizations in the future. Simplifying the integration process is expected to highly vital for companies to unlock the full growth scope of the global vision guided robotics industry.

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Vision Guided Robotics Market Competitive Landscape

Vision guided robotics providers should focus on making robots that are easy to integrate and use for end users. Targeting the automotive manufacturing industry is slated to bolster revenue generation for all vision guided robotics companies. Investing in Europe, Asia Pacific, and North America regions is expected to be the prime focus of almost all vision guided robotics provides going forward.  

Top Player’s Company Profiles

  • ABB Ltd. 
  • Basler AG 
  • Nachi-Fujikoshi Corporation 
  • Denso Corporation 
  • Cognex 
  • Midea Group 
  • Fanuc Corporation 
  • Atlas Copco Group 
  • Omron Corporation 
  • Pleora Technologies Inc. 
  • SICK AG 
  • Teradyne 
  • Yaskawa Electric Corporation 
  • Mitsubishi Electric Corporation 
  • Keyence Corporation 
  • Epson Robots 
  • Teledyne Technologies 
  • Staubli Robotics 
  • Festo AG 
  • TKH Technologie Deutschland AG 
  • Robotiq 
  • Hikvision Robotics 
  • Mech-Mind Robotics

Recent Developments

  • In October 2024, Anitoa Systems LLC, a leading biotechnology company based in the United States announced the launch of a new computer vision guided collaborative robot (Cobot) system. Maverick-RT was launched by Anitoa to automate qPCR sample preparation and enhance efficiency in molecular testing procedures.  
  • In May 2024, CynLr, a deep tech robotics startup based in Bengaluru, India announced the launch of its new visual robot platform. CyRo was launched at the Robotics Summit & Expo in Boston, United States as the company focuses on expanding its business through such novel innovations. 
  • In January 2024, ABB, a leading name in the robotics business announced the acquisition of Sevensense, a Swiss company known for AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Through this acquisition, ABB strengthened its stance in the global vision guided robotics industry. 

Vision Guided Robotics Key Market Trends

  • Use of 3D Vision Systems: Vision guided robotics providers can focus on the utilization and integration of 3D vision systems to enhance the capabilities of their robots and maximize functionality. 3D vision systems provide depth perception and spatial understanding, enabling robots to handle complex tasks like bin picking, object assembly, and navigation in cluttered spaces. 
  • Customization and Modularity: Vision guided robotics companies can invest in the research and development of customizable and modular offerings to maximize their business scope going forward. Focusing on this vision guided robotics market trend allows companies to tailor robots for specific tasks, improving adoption rates across small-scale and specialized operations. 

Vision Guided Robotics Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.  

As per SkyQuest analysis, growing demand for automation and advancements in robotic and machine vision technologies are key factors driving vision guided robotics market growth. Meanwhile, high costs of implementation and complexity in integration are estimated to impede vision guided robotics sales over the coming years. The Asia-Pacific region is expected to emerge as the leading market for vision guided robotics companies owing to the presence of robust manufacturing activity in countries such as China and India. use of 3D vision technology and development of modular and custom robots are slated to present new opportunities for vision guided robotics providers in the long run. 

Report Metric Details
Market size value in 2023 USD 13.82 Billion
Market size value in 2032 USD 27.22 Billion
Growth Rate 7.82%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Hardware, Software, and Services
  • Type
    • 2D Vision, 3D Vision
  • Application
    • Automobile, Electrical & Electronics, Healthcare & Pharmaceutical, Aerospace & Defense, Food & Beverage, Logistics, Welding, Inspection and Cleaning, Painting and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • ABB Ltd. 
  • Basler AG 
  • Nachi-Fujikoshi Corporation 
  • Denso Corporation 
  • Cognex 
  • Midea Group 
  • Fanuc Corporation 
  • Atlas Copco Group 
  • Omron Corporation 
  • Pleora Technologies Inc. 
  • SICK AG 
  • Teradyne 
  • Yaskawa Electric Corporation 
  • Mitsubishi Electric Corporation 
  • Keyence Corporation 
  • Epson Robots 
  • Teledyne Technologies 
  • Staubli Robotics 
  • Festo AG 
  • TKH Technologie Deutschland AG 
  • Robotiq 
  • Hikvision Robotics 
  • Mech-Mind Robotics
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Vision Guided Robotics Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Vision Guided Robotics Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Vision Guided Robotics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Vision Guided Robotics Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Vision Guided Robotics Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Vision Guided Robotics Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Vision Guided Robotics Market size was valued at USD 13.82 Billion in 2023 and is poised to grow from USD 14.9 Billion in 2024 to USD 27.22 Billion by 2032, growing at a CAGR of 7.82% during the forecast period (2025-2032).

Vision guided robotics providers should focus on making robots that are easy to integrate and use for end users. Targeting the automotive manufacturing industry is slated to bolster revenue generation for all vision guided robotics companies. Investing in Europe, Asia Pacific, and North America regions is expected to be the prime focus of almost all vision guided robotics provides going forward.   'ABB Ltd. ', 'Basler AG ', 'Nachi-Fujikoshi Corporation ', 'Denso Corporation ', 'Cognex ', 'Midea Group ', 'Fanuc Corporation ', 'Atlas Copco Group ', 'Omron Corporation ', 'Pleora Technologies Inc. ', 'SICK AG ', 'Teradyne ', 'Yaskawa Electric Corporation ', 'Mitsubishi Electric Corporation ', 'Keyence Corporation ', 'Epson Robots ', 'Teledyne Technologies ', 'Staubli Robotics ', 'Festo AG ', 'TKH Technologie Deutschland AG ', 'Robotiq ', 'Hikvision Robotics ', 'Mech-Mind Robotics'

Use of 3D Vision Systems: Vision guided robotics providers can focus on the utilization and integration of 3D vision systems to enhance the capabilities of their robots and maximize functionality. 3D vision systems provide depth perception and spatial understanding, enabling robots to handle complex tasks like bin picking, object assembly, and navigation in cluttered spaces. 

The Asia Pacific region is forecasted to account for a substantial share of the global vision guided robotics market in the future. Presence of a robust manufacturing industry, growing adoption of industrial automation, and rising emphasis on productivity enhancement are expected to boost sales of vision guided robotics in this region. China is expected to be the leading market owing to its efforts to enhance its manufacturing activity and maintain its dominant position in the global manufacturing landscape. Japan, India, and South Korea are slated to be other opportune markets owing to the presence of robust automotive manufacturing industry and high adoption of robotics in the long run. 

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Vision Guided Robotics Market

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