Global Vision Guided Robotics Market to Reach USD 24.5 Billion by 2033, Impelled by Rising Adoption of Automation in Industrial Sector

December 19, 2024 | Electronics and Semiconductors

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According to the latest report by IMARC Group, titled "Vision Guided Robotics Market Report by Type (2D-Vision System Robots, 3D-Vision System Robots), Component (Hardware, Software, Services), Industry Vertical (Automobile, Electrical and Electronics, Aerospace and Defense, Foods and Beverages, Healthcare and Pharmaceutical, Metal Processing), and Region 2025-2033," the global vision guided robotics market reached a value of USD 8.9 Billion in 2024. Vision guided robotics refer to computer operated robots that are generally used for inspection and detection of faults in industrial machines. They are widely adopted for multiple tasks that are beyond the potential of humans, including dimension and appearance inspection and picking and positioning. They are usually equipped with vision processing and lighting systems, image sensors, and lenses and communication tools that allow simultaneous operations in one process. As a result, they aid in automating manual work, improving the speed of production and eliminating expensive fixtures while significantly enhancing the overall productivity.

Global Vision Guided Robotics Market Trends:

The global market is primarily driven by the increasing demand for vision guided robots across the industrial sector. Along with this, the rising adoption of automation on account of rapid digitization in multiple sectors and the escalating need for enhanced safety for workers and equipment across factories are creating a positive outlook for the market. In line with this, continual technological advancements and the widespread integration of three-dimensional (3D) technology and high-definition (HD) cameras with vision guided robot systems are providing lucrative growth opportunities in the market. Additionally, the increasing deployment of the product in autonomous cars for assisting drivers in recognizing and identifying potential hazards is contributing to the product uptake. The market is further driven by the growing product utilization in the manufacturing of defense systems and advanced weapons. Other factors, including rapid industrialization and extensive research and development (R&D) activities conducted by key players, are also favorably influencing the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of USD 24.5 Billion by 2033, exhibiting a CAGR of 11.28% during 2025-2033.

Market Summary:

On the basis of the type, the market has been bifurcated into 2D- and 3D-vision system robots.
Based on the component, the market has been segmented into hardware, software and services.
On the basis of the industry vertical, the market has been categorized into the automobile, electrical and electronics, aerospace and defense, foods and beverages, healthcare and pharmaceutical, and metal processing.
Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include 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.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Type, Component, Industry Vertical, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Vision Guided Robotics Market to Reach USD 24.5 Billion by 2033, Impelled by Rising Adoption of Automation in Industrial Sector

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