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1070953

Vision Guided Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 143 Pages | Delivery time: 2-3 business days

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Vision Guided Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: April 14, 2022
IMARC Services Private Limited
Content info: 143 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global vision guided robotics market reached a value of US$ 6.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2027, exhibiting a CAGR of 14.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A vision guided robotics (VGR) is an automation technology embedded with cameras, special-purpose lighting, software, and robots. It is also integrated with machine vision (MV) and image processing technologies to provide a second feedback signal to the robot controller and navigate to a variable target position. It offers a higher level of accuracy and precision in operations and enables flexible manufacturing and production lines to accommodate product changes compared to conventional robots readily. Besides this, as it assists in eliminating time-consuming work and improving the overall productivity, the demand for VGR is escalating around the world.

Vision Guided Robotics Market Trends:

  • At present, there is a rise in the adoption of VGR systems in the industrial, manufacturing, and transit sectors on account of rapid industrialization across the globe. This represents one of the key factors propelling the growth of the market. Apart from this, there is an increase in the demand for automation and safety across numerous industry verticals. This, in confluence with several benefits of VGR systems over conventional robots in terms of applicability and flexibility of adaptation, is positively influencing their overall sales. Furthermore, leading market players are continuously funding research and development (R&D) activities to introduce advanced robots with high-definition (HD) cameras and accurate sensors that involve obstacle detection and avoidance skills in vision systems. These advanced robots aid in performing flexible jobs, such as driving, flying, and mobile activities. Moreover, key players are focusing on fast-expanding computing power, improving high-level software libraries, making progress in imaging hardware, and lowering the cost of computer memory, which is creating a favorable market outlook. Besides this, the rising utilization of VGR systems in pharmaceuticals, semiconductors, automobiles, cosmetics, food and drinks, and medical devices, is driving the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global vision guided robotics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, component and industry vertical.

Breakup by Type:

  • 2D-Vision System Robots
  • 3D-Vision System Robots

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Industry Vertical:

  • Automobile
  • Electrical and Electronics
  • Aerospace and Defense
  • Foods and Beverages
  • Healthcare and Pharmaceutical
  • Metal Processing

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Allied Vision Technologies GmbH, Basler AG, Bastian Solutions LLC (Toyota Industries Corporation), Cognex Corporation, DENSO Corporation, FANUC Corporation, ISRA Vision AG (Atlas Copco), Kawasaki Heavy Industries Ltd., OMRON Corporation, Universal Robots A/S (Teradyne Inc.) and Yaskawa Electric Corporation. Key Questions Answered in This Report:

  • How has the global vision guided robotics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vision guided robotics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vision guided robotics market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0422A58_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Vision Guided Robotics Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 2D-Vision System Robots
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 3D-Vision System Robots
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Hardware
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Software
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Services
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Industry Vertical

  • 8.1 Automobile
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Electrical and Electronics
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Aerospace and Defense
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Foods and Beverages
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Healthcare and Pharmaceutical
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Metal Processing
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 ABB Ltd.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Allied Vision Technologies GmbH
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Basler AG
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Bastian Solutions LLC (Toyota Industries Corporation)
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Cognex Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
    • 14.3.6 DENSO Corporation
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 FANUC Corporation
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 ISRA Vision AG (Atlas Copco)
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Kawasaki Heavy Industries Ltd.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 OMRON Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Universal Robots A/S (Teradyne Inc.)
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Yaskawa Electric Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials

List of Figures

  • Figure 1: Global: Vision Guided Robotics Market: Major Drivers and Challenges
  • Figure 2: Global: Vision Guided Robotics Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Vision Guided Robotics Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Vision Guided Robotics Market: Breakup by Type (in %), 2021
  • Figure 5: Global: Vision Guided Robotics Market: Breakup by Component (in %), 2021
  • Figure 6: Global: Vision Guided Robotics Market: Breakup by Industry Vertical (in %), 2021
  • Figure 7: Global: Vision Guided Robotics Market: Breakup by Region (in %), 2021
  • Figure 8: Global: Vision Guided Robotics (2D-Vision System Robots) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 9: Global: Vision Guided Robotics (2D-Vision System Robots) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 10: Global: Vision Guided Robotics (3D-Vision System Robots) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 11: Global: Vision Guided Robotics (3D-Vision System Robots) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 12: Global: Vision Guided Robotics (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 13: Global: Vision Guided Robotics (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 14: Global: Vision Guided Robotics (Software) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 15: Global: Vision Guided Robotics (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 16: Global: Vision Guided Robotics (Services) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 17: Global: Vision Guided Robotics (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 18: Global: Vision Guided Robotics (Automobile) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 19: Global: Vision Guided Robotics (Automobile) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 20: Global: Vision Guided Robotics (Electrical and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 21: Global: Vision Guided Robotics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 22: Global: Vision Guided Robotics (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 23: Global: Vision Guided Robotics (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 24: Global: Vision Guided Robotics (Foods and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 25: Global: Vision Guided Robotics (Foods and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 26: Global: Vision Guided Robotics (Healthcare and Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 27: Global: Vision Guided Robotics (Healthcare and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 28: Global: Vision Guided Robotics (Metal Processing) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 29: Global: Vision Guided Robotics (Metal Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 30: North America: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 31: North America: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 32: United States: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 33: United States: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 34: Canada: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 35: Canada: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 36: Asia-Pacific: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 37: Asia-Pacific: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 38: China: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 39: China: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 40: Japan: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 41: Japan: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 42: India: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 43: India: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 44: South Korea: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 45: South Korea: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 46: Australia: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 47: Australia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 48: Indonesia: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 49: Indonesia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 50: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 51: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 52: Europe: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 53: Europe: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 54: Germany: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 55: Germany: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 56: France: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 57: France: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 58: United Kingdom: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 59: United Kingdom: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 60: Italy: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 61: Italy: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 62: Spain: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 63: Spain: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 64: Russia: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 65: Russia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 66: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 67: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 68: Latin America: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 69: Latin America: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 70: Brazil: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 71: Brazil: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 72: Mexico: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 73: Mexico: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 74: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 75: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 76: Middle East and Africa: Vision Guided Robotics Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 77: Middle East and Africa: Vision Guided Robotics Market: Breakup by Country (in %), 2021
  • Figure 78: Middle East and Africa: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 79: Global: Vision Guided Robotics Industry: SWOT Analysis
  • Figure 80: Global: Vision Guided Robotics Industry: Value Chain Analysis
  • Figure 81: Global: Vision Guided Robotics Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Vision Guided Robotics Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Vision Guided Robotics Market Forecast: Breakup by Type (in Million US$), 2022-2027
  • Table 3: Global: Vision Guided Robotics Market Forecast: Breakup by Component (in Million US$), 2022-2027
  • Table 4: Global: Vision Guided Robotics Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
  • Table 5: Global: Vision Guided Robotics Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 6: Global: Vision Guided Robotics Market: Competitive Structure
  • Table 7: Global: Vision Guided Robotics Market: Key Players