Growth Opportunities in Machine Vision for Robotics

The Promise of Precise Automation and Inspection Indicates Transformative Change for the Nascent Industry

In a robot-based machine vision solution, a camera takes an image of an object, analyzes it, and sends accurate coordinates to a robot that then moves its arm in a specified position. Thus, a robot-based machine vision solution has two major aspects: robotic system and machine vision system. The machine vision system includes lighting, lenses, image sensors, vision processing, and a communication system.

Solutions are in demand in the electronics and semiconductor, automotive, pharmaceutical, medical device, and food and packaging industries. Machine vision can be purchased as a stand-alone, commercial off-the-shelf system or as part of another system (PC-based vision controllers, stand-alone vision systems, vision sensors, and image-based barcode readers are platforms in which machine vision systems operate). Vision can be 1D, 2D, 2.5D, or 3D.

This study's main objective is to identify the key growth opportunities in the industry and market drivers and restraints through 2028. Market and technological trends, value chain and pricing analyses, feature/technology evolution, and common applications also are discussed.