PUBLISHER: Next Move Strategy Consulting | PRODUCT CODE: 1180174
PUBLISHER: Next Move Strategy Consulting | PRODUCT CODE: 1180174
The Vision Guided Robot Market size was valued at USD 6.12 billion in 2021, and is predicted to reach USD 20.10 billion by 2030, with a CAGR of 12.7% during the forecast period.
Demand for vision guided robots has increased across the world, owing to factors such as high adoption of vision guided robotic systems in the automotive industry due to their high accuracy and efficiency in welding, assembling, inspection, and quality control of sophisticated automotive parts.
However, high installation cost of these robots and complex procedure of handling them hamper the market growth. On the contrary, introduction of 4.0 is expected to create ample opportunities for key players operating in the vision guided market in the coming decade.
The global vision guided robotics market is segmented on the basis of type, component, industry vertical, and region.
Asia-Pacific dominates the global vision guided market and is expected to remain dominant throughout the forecast period. Presence of countries such as India and China with high number of aged populations causes a lack of labor force in the region, boosting growth of the market.
Moreover, China and Japan, which have major electronics industry that use vision-guided robot for component fabrication, pick and placement of parts, assembling miniature components on PCBs, applying adhesives, inspections, testing, and packing propels the market growth.
Basler AG introduced a high-speed camera named Ace 2 with 5GigE platform support. Ace 2's form factor and coordinated software enable easy upgradation and integration with the existing vision system.
ABB Ltd launched OmniVance FlexArc, a fast, flexible, pre-engineered arc welding application cell that integrates vision guided robots to automate manufacturing process.
Teledyne announced its Sapera Vision Software Edition 2022-05. Sapera Vision Software from Teledyne DALSA offers image processing, control and artificial intelligence functions to design, develop, and deploy high-performance machine vision applications.
Yaskawa launched a human collaboration robot equipped with machine vision, named MOTOMAN-HC30PL. It has a payload capacity of 30 kg and specifically designed for palletizing applications.
Omron launched a series of affordable and compact machine vision camera called Omron B Series GigE Vision cameras. These new line of cameras features Sony's Pregius and Starvis CMOS sensors with resolutions up to 20 megapixels and frame rates up to 282.8 FPS and eliminates disadvantages of traditional vision systems such as bulkiness, complexity, and high price.
5.2.1-D VISION SYSTEM ROBOTICS MARKET, BY REGION
5.3.1D-VISION SYSTEM ROBOTICS MARKET, BY REGION