Global Vision Guided Robotics Market

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 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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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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Global Vision Guided Robotics Market

Report ID: SQMIG45A2354

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