Robotic Vision

Robotic Vision Market by Component (Hardware, Software), Type (2D Vision Systems, 3D Vision Systems), Application, Industry - Global Forecast 2024-2030

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[187 Pages Report] The Robotic Vision Market size was estimated at USD 2.73 billion in 2023 and expected to reach USD 2.98 billion in 2024, at a CAGR 9.63% to reach USD 5.19 billion by 2030.

Robotic Vision Market
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Robotic vision refers to the ability of robots, automated systems, and machines to perceive and interpret their environment through cameras, sensors, and other imaging technologies. This advanced capability enables robots to understand the world and perform tasks effectively in various industries such as manufacturing, healthcare, agriculture, and logistics. The primary applications of robotic vision include object recognition, localization and tracking, obstacle avoidance, navigation assistance, quality control, inspection tasks, sorting, and handling processes. Robotic applications of robotic vision include object recognition, localization, tracking, obstacle avoidance, navigation assistance, quality control, inspection tasks, and sorting and handling processes. Robotic vision enhances robots' visual perception capabilities, allowing them to better understand and interact with their environment. The increasing demand for automation in various industries due to labor shortage concerns or cost reduction initiatives, technological advancements in artificial intelligence (AI), computer vision algorithms, and improvements in imaging sensor capabilities have raised the adoption of robotic vision. Furthermore, the industry 4.0 concept embracing digital transformation strategy adoption by many companies worldwide creates additional market prospects for robotic vision technology providers. However, limitations in current computer vision technologies' accuracy and reliability, especially in dynamic environments with varying lighting conditions or unstructured scenes, and concerns regarding data privacy and security may arise due to the increasing amount of visual information being processed by robotic systems, significantly impede the utilization of robotic vision. In addition, market players focus on developing novel imaging techniques, and enhancing 3D imaging technologies for improved depth perception capabilities is expected to create opportunities for market development.

Robotic Vision Market - Global Forecast 2024-2030
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Regional Insights

In the Americas, rapid advancements in robotic vision technology are driven by research investments, government initiatives, advanced R&D infrastructure, and private sector development. American regional manufacturers adopt robotic vision technologies extensively due to the increasing labor costs and demand for high-quality output. The Asia-Pacific region witnessed rapid growth in robotic vision adoption due to increasing investments in automation technologies by countries including South Korea, Taiwan, Australia, and Singapore and rising demand for quality products and cost-effective manufacturing solutions. Moreover, increasing industrialization and adoption of Industry 4.0 concepts across countries including China, Japan, South Korea, India, and Taiwan have raised the adoption of robotic vision across the region. In India, rising labor costs and the need for precision manufacturing have led to increased adoption of robotic vision technologies across industries. The government's 'Make in India' initiative also encourages Indian manufacturers to incorporate advanced automation solutions into their processes. In the EMEA region, increasing focus on smart factories and modernizing their industrial sectors enhanced the adoption of robotic vision solutions in the automotive, electronics, food & beverage industries. In Middle Eastern countries, including Israel and Saudi Arabia, manufacturers interest in robotic vision is expanding due to growing investments in smart cities and automation across various industries. African nations are gradually adopting industrial robots integrated with machine vision systems into their manufacturing processes to enhance productivity and maintain globally competitive standards.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Robotic Vision Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Robotic Vision Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • CapSen Robotics Launches Robotic Bin Picking With 3D Vision

    CapSen Robotics has released CapSen PiC solution, designed to equip industrial robots with advanced capabilities in locating, picking, and manipulating objects from cluttered bins and shelves. This cutting-edge software integrates 3D vision, motion planning, and control algorithms, allowing robots to detect objects in various positions and orientations accurately. CapSen PiC solution offers hardware-agnostic advanced motion planning, ensuring collision avoidance and boasting image processing and planning times of less than one second. [Published On: 2023-05-05]

  • Two Hitachi Group Companies to Merge to Expand Robotic SI Business in Japan and ASEAN Countries

    Hitachi, Ltd. has announced its plan to merge Hitachi Automation and Kyoto Robotics, belonging to the Industrial Digital Business Unit. This merger aims to provide customers with comprehensive solutions for the digital transformation and automation of manufacturing and logistics. By bringing together domestic robotic SI resources such as customer bases, expertise, human capital, engineering capabilities, and Kyoto Robotics' intelligent robotic vision systems, Hitachi, Ltd. seeks to establish itself as a key player in the robotic SI business. [Published On: 2023-01-30]

  • Ganymed Robotics Raises Additional Euro 15 Million through Series B Extension Bringing Total Amount to Euro 36 Million

    Ganymed Robotics, a significant developer of computer vision software and robotics technologies, has secured an additional Euro 15 million in Series B funding, making total funding to Euro 36 million. The funds are aimed to be allocated towards completing the development of Ganymed Robotics' surgical robotic assistant for knee arthroplasty, expediting regulatory and market access activities, and diversifying its product pipeline. [Published On: 2023-01-04]

Key Company Profiles

The report delves into recent significant developments in the Robotic Vision Market, highlighting leading vendors and their innovative profiles. These include Alphabet Inc., Basler AG, Cisco Systems, Inc., Cognex Corporation, FANUC Corporation, Intel Corporation, International Business Machines Corporation, Keyence Corporation, Microsoft Corporation, National Instruments Corporation, OMRON Corporation, Panasonic Holdings Corporation, Robert Bosch GmbH, Sick AG, and Yaskawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Robotic Vision Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Hardware
      • Cameras
      • Frame Grabbers
      • Lighting
      • Optics
      • Processors & Controllers
    • Software
  • Type
    • 2D Vision Systems
    • 3D Vision Systems
      • Laser
      • Single- & Multi-Camera Triangulation
      • Stereo Vision
      • Structured Light
      • Time-of-Light
  • Application
    • Assembling & Disassembling
    • Cutting, Pressing, & Grinding
    • Material Handling
    • Measurement, Inspection, & Testing
    • Packaging & Palletizing
    • Painting
    • Welding & Soldering
  • Industry
    • Automotive
    • Chemical
    • Electrical & Electronics
    • Food & Beverages
    • Metals & Machinery
    • Pharmaceuticals & Cosmetics
    • Precision Engineering & Optics

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Robotic Vision Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Robotic Vision Market?
  3. What are the technology trends and regulatory frameworks in the Robotic Vision Market?
  4. What is the market share of the leading vendors in the Robotic Vision Market?
  5. Which modes and strategic moves are suitable for entering the Robotic Vision Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Robotic Vision Market, by Component
  7. Robotic Vision Market, by Type
  8. Robotic Vision Market, by Application
  9. Robotic Vision Market, by Industry
  10. Americas Robotic Vision Market
  11. Asia-Pacific Robotic Vision Market
  12. Europe, Middle East & Africa Robotic Vision Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 576]
  17. List of Companies Mentioned [Total: 15]
The Growing Importance of Robotic Vision in Today's World
October 8, 2023
The Growing Importance of Robotic Vision in Today's World
The usage of robotics has transformed the industrial sector. These robots have made the manufacturing process more efficient and have helped companies produce at an incredibly faster pace. With the advancements in robotic vision, the manufacturing process has become even more efficient, resulting in a considerable increase in the productivity of companies.

Advancements in Robotic Vision:

Robotic vision has evolved significantly in recent years due to the continuous efforts of researchers and scientists. The introduction of high-definition cameras and improved artificial intelligence algorithms has resulted in a considerable improvement in the vision sensors fitted in robots. The advanced sensors allow the robots to perform error-free tasks and detect faults with high accuracy, resulting in increased precision and efficiency.

Collaborative Efforts:

There has been a notable increase in collaborative efforts between robots and end-users, which has resulted in an improvement in the production process. Robots have the ability to work non-stop without human intervention, resulting in increased output and minimal downtime. Moreover, the end-users can train the robots to perform specific tasks, allowing them to customize their operation and improve product accessibility.

Enhanced Safety Measures:

Robotic vision has also contributed significantly to the safety of workers. Robots have the ability to handle hazardous tasks that could put human lives at risk, making the workplace safer. In addition, robots fitted with high-definition cameras can detect any potential accidents and prevent them from happening, reducing the risk of injury to humans.


The implementation of robotic vision has proven to be cost-effective. The robots can work non-stop without human intervention, reducing the need for human workers, which reduces labor costs for companies. In addition, robots can work with precision and consistency, reducing the wastage of materials and resulting in cost-saving in the long run.

Increased Productivity:

Robotic vision has revolutionized the way industries operate by increasing productivity. Robots fitted with advanced sensors and high-definition cameras can detect faults and correct them with precision and accuracy. This increases the output and reduces the downtime, thus increasing productivity and efficiency.

Robotic vision has become an indispensable tool in the manufacturing sector. With the continuous advancements in robotic vision, robots can perform complex tasks with high accuracy and efficiency, resulting in a considerable increase in productivity while reducing human intervention and labor costs. In addition, the collaboration between robots and end-users has resulted in improved product quality, increased accessibility, and a safer workplace. With the positive effects of robotic vision, it is not surprising that robotics is rapidly becoming a game-changer in the manufacturing industry.

Frequently Asked Questions
  1. How big is the Robotic Vision Market?
    Ans. The Global Robotic Vision Market size was estimated at USD 2.73 billion in 2023 and expected to reach USD 2.98 billion in 2024.
  2. What is the Robotic Vision Market growth?
    Ans. The Global Robotic Vision Market to grow USD 5.19 billion by 2030, at a CAGR of 9.63%
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