- Global Pharma News & Resources

Global Vision Guided Robotics Market Forecast to 2027 -

DUBLIN--(BUSINESS WIRE)--The "Vision Guided Robotics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component Type, Type, and Industry Vertical" report has been added to's offering.

Rapid Expansion among Industrial Application in Asia Pacific to Lead Vision Guided Robotics Market Growth

The market was valued at US$ 4,616.6 million in 2019 and is projected to reach US$ 12,958.9 million by 2027; it is expected to grow at a CAGR of 13.8% during the forecast period.

Advancement of camera technologies and processing power are enabling robots to take on more amorphous tasks such as driving, flying, and mobile activities, among others, which requires obstacle identification and avoidance capabilities through vision systems. The major areas for robot manufacturers to develop a robust vision-guided robot include fast increasing computing power, advancement in imaging hardware, improvement in high-level software libraries, and reducing the cost of computer memory. Also, the advancement of machine vision will bolster the automation technology in the industrial sector in the coming years.

The vision guided robotics market report has been derived from market trends and revenue generation factors from five different regions across the globe: North America, Europe, Asia Pacific, Middle East & Africa, and South America. APAC is expected to be the fastest growing region in the global vision guided robotics market during the forecast period. Whereas, APAC was followed by Europe and North America hold the highest market share in the vision guided robotics market. The vision guided robotics market is expected to experience significant growth in the coming years due to increasing demand for automation.

The market for vision-guided robotics is highly fragmented, and the industry is constantly experiencing the emergence of a new player with innovative technologies. With an objective to sustain in the industry and compete with its peers, the companies are adopting several organic and inorganic strategies which include competitive pricing, miniaturized camera sensors, mergers and acquisition, and additional aftersales service.

These strategies offer the companies a significant competitive edge over the others. The vision-guided robotics market is poised to flourish in the coming years owing to the fact that, several developing country governments are attracting foreign direct investments (FDI) to optimize hectic and monotonous operations performed across industries with ease and precision. Additionally, the demand for 3D vision technology is growing at a rapid rate among the end users, which is compelling the manufacturers to innovate and develop robust software and hardware for robotic systems.

Major players operating in the vision guided robotics market include ABB Ltd., Fanuc Corporation, Basler AG, Cognex, ISRA Vision, Yaskawa Electric Corporation, Universal Robots AS, Denso Corporation, and Omron Corporation.

Key Topics Covered:

1. Introduction

1.1 Scope of the Study

1.2 Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

4. Vision Guided Robotics Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 PEST Analysis

5. Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Government Support for the Development and Deployment of Robotics

5.1.2 Rise in aging population worldwide resulting in labour shortage

5.1.3 Rapid Expansion in Manufacturing Industry

5.1.4 Rapid Expansion in Industrial Application

5.2 Key Market Restraints

5.2.1 High capital required for initial deployment of vision guided vision guided robots

5.3 Key Market Opportunity

5.3.1 Widespread Adoption of Industrial Automation in Diverse Industries

5.4 Future Trends

5.4.1 Integration of Artificial Intelligence and Big Data

5.5 Impact Analysis of Drivers and Restraints

6. Vision Guided Robotics - Global Market Analysis

6.1 Global Vision Guided Robotics Market Overview

6.2 Global Vision Guided Robotics Market Forecast and Analysis

6.3 Market Positioning

7. Vision Guided Robotics Market Revenue and Forecasts to 2027- Component

7.1 Overview

7.2 Global Vision Guided Robotics Market Breakdown, By Component, 2018 & 2027

7.3 Hardware Market

7.3.1 Overview

7.3.2 Hardware Market Forecast and Analysis

7.4 Software Market

7.5 Services Market

8. Vision Guided Robotics Market Revenue and Forecasts to 2027-Type

8.1 Overview

8.2 Global Vision Guided Robotics Market Breakdown, By Type, 2018 & 2027

8.3 2D-Vision System Robots

8.3.1 Overview

8.3.2 2D-Vision System Robots Market Forecast and Analysis

8.4 3D-Vision System Robots Market

9. Vision Guided Robotics Market Revenue and Forecasts to 2027-Industry Vertical

9.1 Overview

9.2 Global Vision Guided Robotics Market Breakdown, By Industry Vertical, 2018 & 2027

9.3 Automotive Market

9.3.1 Overview

9.3.2 Automotive Market Forecast and Analysis

9.3.3 Global Vision Guided Robotics Market, by Automotive - Revenue and Forecast to 2027 (USD Million)

9.4 Electrical & Electronics Market

9.5 Aerospace & Defence Market

9.6 Food & Beverages Market

9.7 Healthcare & Pharmaceutical Market

9.8 Metal Processing Market

10. Vision Guided Robotics Market - Geographical Analysis

11. Impact of Coronavirus Outbreak

11.1 Impact of COVID-19 Pandemic On Global Vision guided robotics Market

11.1.1 North America: Impact Assessment of COVID-19 Pandemic

11.1.2 Europe: Impact Assessment of COVID-19 Pandemic

11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5 South America: Impact Assessment of COVID-19 Pandemic

12. Vision Guided Robotics Market - Industry Landscape

12.1 Market Initiative

12.2 Merger and Acquisition

12.3 New Development

13. Key Players

13.1 Key Facts

13.2 Business Description

13.3 Products and Services

13.4 Financial Overview

13.5 SWOT Analysis

13.6 Key Developments

  • ABB Ltd.
  • Basler AG
  • Cognex
  • Denso Corporation
  • Fanuc Corporation
  • ISRA Vision
  • Omron Corporation
  • Pleora Technologies Inc
  • Universal Robots AS
  • Yaskawa Electric Corporation.

For more information about this report visit

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Editor Details

  • Company:
    • Businesswire
Last Updated: 12-Jan-2021