Press release
14% CAGR to be achieved by Vision Guided Robotics Software Lending in International Market by Major Companies like ABB, Fanuc Corporation, Robotic Vision Technologies, iRobot Corporation, MVTec Software
The vision guided robotics software experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for vision guided robotics software consists of some well-established players across the globe that cater highly advanced VGR solutions to the supply chain service providers. Growing emphasis towards optimizing operational efficiency through adoption of automation solutions and industrial robots have gained significant traction among various industry verticals. This has attributed in automation of various repetitive and mundane tasks such as packaging, picking & placing, loading & unloading and palletizing among other tasks to be replaced with highly efficient robotic solutions.The Vision Guided Robotics Software Market is estimated to reach US$ 4,094.1 Mn by 2027 from US$ 1,148.9 Mn in 2018
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The Vision Guided Robotics Software Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Top Key Players:
• ABB Ltd.
• Fanuc Corporation
• Robotic Vision Technologies, Inc.
• iRobot Corporation
• MVTec Software GmbH
• Pick-it N.V.
• Recognition Robotics Inc.
• Vision Nerf S.A.
• Nachi Robotic Systems, Inc.
• KUKA Robot Group
Moreover, the continuous improvement and development of machine vision capabilities through advancement in artificial intelligence and pattern recognition by various robotics companies and research group is anticipated to have profound influence over the vision guided robotics software market. APAC region presents a huge opportunity in the field of vision guided robotics software to automate the work. Few companies have already set up the vision and strategy for the implementation of these software in robots in the next coming years; whereas, many enterprises still in the phase of planning to adopt fully automated operations.
The global market for vision guided robotics software market is segmented on various parameters such as robot type, technology, application, end user, and geography. Based on robot type, fixed robot type segment dominate the vision guided robotics software market heavily and is expected to continue its dominance throughout the forecast period from 2019 - 2027. On the basis of technology, 3D vision guided technology segment is expected to witness a significant growth rate in the coming years. The vision guided robotics software market operates in an extremely fragmented industry with huge number of smaller players capturing the market.
The report segments the global vision guided robotics software market as follows:
Global Vision Guided Robotics Software Market - By Robot Type
Fixed Robot
Mobile Robot
Global Vision Guided Robotics Software Market - By Technology
2D Vision Guided
3D Vision Guided
Global Vision Guided Robotics Software Market - By Application
Arc Welding
Assembly
Cutting
Palletizing & Machine Tending
Navigation
Random Bin Picking
Collaborative Robots
Others
Global Vision Guided Robotics Software Market - By Vertical
Automotive
Electrical & Electronics
Aerospace
Healthcare
Transportation & Logistics
Food & Beverages
Others
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
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