Robotic Vision Market 2022 Business Scenario – Qualcomm Technologies, Inc., Keyence Corporation, FANUC Corporation, ABB Group, Sick AG

The Robotic Vision Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Robotic Vision Market is expected to grow at a CAGR of 9.86% over the forecast period (2021-2026).

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Top Leading Companies of Robotic Vision Market are Qualcomm Technologies, Inc., Keyence Corporation, FANUC Corporation, ABB Group, Sick AG, Teledyne Dalsa Inc., Cognex Corporation, Omron Adept Technology, Inc., National Instruments Corporation, Hexagon AB and others.

Industry News and Updates

April 2019 - Cobot Manufacturer, OnRobot, released a new 2.5D vision that has been designed for guided robotic applications. Designed for simplifying the use in CNhC applications, the device has been dubbed eyes.

- April 2020- ABB simplified the usage of its popular SCARA robots by giving users the ability to commission and control the robots from their PC through the RobotStudio, which is the company's simulation and offline programming software.

Key Market Trends

North America is Expected to become the Fastest Growing Market

- The North American region is one of the leading innovators and pioneers in terms of the adoption of robotics and is one of the largest markets across the world. The primary reason for the growth of the market is the increasing adoption of robots across numerous industries.

- According to the International Federation of Robotics, the estimated annual industrial robot installations in the North American region reached 54,000 units in 2019, and it is expected to reach 69,000 by 2022.

- Government initiatives, such as Advanced Manufacturing Partnership, which are undertaken to make the industry, various universities, and the federal government to invest in the emerging automation technologies, will contribute in increasing the production of machine vision systems.

- Moreover, according to the MAPI (Manufacturers Alliance for Productivity and Innovation), the US manufacturing production is predicted to increase by 2.8% from 2018 to 2021, which is likely to further enhance the adoption of robotic vision technologies in the country.

Regional Outlook of Robotic Vision Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Robotic Vision Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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