The global Machine Vision And Vision Guided Robotics Market was valued at USD 14.8 Bn in 2021 and is anticipated to grow at a CAGR of 8.3% and is expected to reach USD 30.3 Bn by 2030.
The increased adoption of Machine Vision And Vision Guided Robotics in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Machine Vision And Vision Guided Robotics also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Machine Vision And Vision Guided Robotics in many sectors also boosts the market growth during the forecast period.
Machine vision is an automated system that captures images, transfers them to a PC, and then processes them for examination and reporting of the findings. These systems have gotten increasingly powerful while remaining simple to use. Recent breakthroughs in machine vision technology, such as smart cameras and vision guided robots, have broadened the scope of the machine vision market to include a broader range of applications in both the industrial and non-industrial sectors. The Asia Pacific market is likely to develop at a quicker rate.
Machine Vision And Vision Guided Robotics Market Research Report” was just released by Market Research Community. It is divided into several categories, including By type (1D, 2D, 3D), By Application (Positioning/guidance/location, Identification, Inspection and verification, Gauging/measurement, Soldering and welding, Material Handling, Assembling and disassembling, Painting and dispensing), By Component (Hardware, Software, Services) By Platform (PC Based, Camera-Based, Vision Guided Robots), By Industry (Automotive, Electrical & electronics, Aerospace & Defense, Food & Beverage, Healthcare & Pharmaceutical, Metal processing, Warehouse & logistics, Retail & E-commerce) and companies (Allied Vision Technologies GmbH, Keyence Corporation, National Instruments Corporation, Hexagon AB, Qualcomm Technologies, Cognex Corporation, Basler AG, ISRA Vision AG, Teledyne Digital Imaging Inc., STEMMER IMAGING AG, Eastman Kodak Company, OMRON Corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 8.3%, over the forecast period of 2022–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||30.3 Billion|
|By Type||1D, 2D, 3D.|
|By Application||Positioning/guidance/location, Identification, Inspection and verification, Gauging/measurement, Soldering and welding, Material Handling, Assembling and disassembling, Painting and dispensing|
|By Component||Hardware, Software, Services.|
|By Platform||PC Based, Camera-Based, Vision Guided Robots.|
|By Industry||Automotive, Electrical & electronics, Aerospace & Defense, Food & Beverage, Healthcare & Pharmaceutical, Metal processing, Warehouse & logistics, Retail & E-commerce.|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Allied Vision Technologies GmbH, Keyence Corporation, National Instruments Corporation, Hexagon AB, Qualcomm Technologies, Cognex Corporation, Basler AG, ISRA Vision AG, Teledyne Digital Imaging Inc., STEMMER IMAGING AG, Eastman Kodak Company, OMRON Corporation.|
The COVID-19 pandemic has had a substantial negative influence on the Machine Vision And Vision Guided Robotics market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Allied Vision Technologies GmbH, Keyence Corporation, National Instruments Corporation, Hexagon AB, Qualcomm Technologies, Cognex Corporation, Basler AG, ISRA Vision AG, Teledyne Digital Imaging Inc., STEMMER IMAGING AG, Eastman Kodak Company, OMRON Corporation.
Market Segment Analysis:
- Inspection and verification
- Soldering and welding
- Material Handling
- Assembling and disassembling
- Painting and dispensing
- PC Based
- Vision Guided Robots
- Electrical & electronics
- Aerospace & Defense
- Food & Beverage
- Healthcare & Pharmaceutical
- Metal processing
- Warehouse & logistics
- Retail & E-commerce
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Machine Vision And Vision Guided Robotics industries in the region.
Key Machine Vision And Vision Guided Robotics Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Machine Vision And Vision Guided Robotics Market segments.
– Largest Market Share Held by Industry to Industry for Machine Vision And Vision Guided Robotics
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Machine Vision And Vision Guided Robotics Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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