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Vision Guided Robotics Software Market Size, Massive Growth, Revenue Share Analysis, Company Profiles and Forecast To 2030
Vision Guided Robotics Software Market
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Growing technological advancements and consumer requirements is anticipated to drive the vision guided robotics software market. For instance, the robot operating system (ROS) is an open-source robot software framework that provides numerous debugging and development tools. ROS includes hardware abstraction, mapping, sensing, subordinate device control, detection, message transmission, package management, motion planning, and development environments. Approximately 20 organizations worldwide are collaborating on creating a robotic system using ROS. In addition to ROS, developers are deploying software linked to robotic systems on various platforms. iCub, open robot control software (OROCOS), open platform for robotic services (OPRoS), Microsoft Robotics Studio (MRSRS), and others are examples of robotic system frameworks. Developments in robotic vision technology and low-cost power processing capabilities are expected to be key trends in the vision guided robotics software market growth. Thus, the focus on developing intuitive programming interfaces can be very beneficial for the vision guided robotics software market share in the coming years.
The UK is one of the most technologically advanced countries in Europe. The presence of various technologically advanced companies in the UK is boosting the vision guided robotics software market growth. The government is increasingly focusing on the adoption of advanced technologies such as artificial intelligence, machine learning, the Internet of Things (IoT), and e-mobility technologies. Owing to the rise of different technology and semiconductor companies in the region, the demand for robots to ease routine work is also rising substantially, and this trend is projected to drive the vision guided robotics software market share in the UK.
The increasing use of autonomous vehicles in Germany has led to the growth of vision guided robots in the country. The German government is helping local automobile companies and attracting foreign companies to invest in the country's automobile sector. Furthermore, the country is also well-known for its aerospace industry, ruled by Airbus, one of the leading aircraft manufacturers globally. These factors are anticipated to drive the vision guided robotics software market.
Moreover, Germany is a hub of automobiles and automobile components in Europe. The country's vision guided robotics software market is anticipated to flourish in the upcoming years owing to increased awareness of advanced technologies among the German masses. Also, vast applications such as Industry 4.0 and automated and connected driving need data transmission between the machines constantly and in real time. This depicts the infrastructure development and integration of vision guided robotics software to enhance the functionality of autonomous vehicles across the country. Thus, driving the vision guided robotics software market.
Key Findings of Study: Global Vision Guided Robotics Software Market
Based on application, the vision guided robotics software market is segmented arc welding, assembly, cutting, palletizing & machine tending, navigation, random bin picking, collaborative robots, and others. The collaborative robot segment is projected to grow at a notable CAGR of the global vision guided robotics software market during the forecast period. Collaborative robots, or cobots, are industrial robots that can safely operate alongside humans in a shared workspace. These robots are fully autonomous or operated by minimum guidance. Collaborative robots are deployed in industries for various purposes, such as machine tending, packaging, and material handling, since they are capable of heavy-duty and light operations. The cobots are highly flexible, accurate, and precise, which makes them attractive in their respective workspaces. In addition, these robots are more accessible to reprogram and reconfigure and easier to maintain.
These robots are safer and can handle sensitive work; cobots can also adjust according to the variability in manufacturing. Software-driven cobots can collect critical metrics and provide on-board analysis and reports for decision-making. Advancement in cloud robotics is expected to enhance information sharing capability among these collaborative robots, and ultimately, these cobots will be able to act according to their information library. Manufacturers such as FANUC Corporation, Kawasaki, Kuka, and Denso Technologies are investing considerable amounts to enhance the capabilities of cobots.
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Global Vision Guided Robotics Software Market Analysis: Competitive Landscape and Key Developments
ABB Ltd, Fanuc Corp, Cognex Corp, OMRON Corp, MVTec Software GmbH, Pick-it N.V., Ready Robotics Corporation, Siemens AG, Teradyne Inc, and Robotic Vision Technologies (RVT), LLC are among the key vision guided robotic software market players that are profiled in the report. Several other essential vision guided robotic software market players were also analyzed for a holistic view of the market and its ecosystem. The market report provides detailed market insights to help major players strategize their growth.
In December 2023, Mecalux (a global provider of automated warehouse solutions, warehouse management systems, and stacker cranes) and Siemens combined their expertise and experience in industrial automation technologies. The partnership will optimize picking tasks in warehouses and logistics centers with a new artificial intelligence solution. The solution is based on Siemens Xcelerator, the open digital business platform with a Software and IoT-enabled hardware portfolio, an ecosystem of partners, and a marketplace.
In November 2023, ABB Robotics extended the scope of its free Wizard Easy Programming software to include its six-axis industrial robots powered by an OmniCore controller and its collaborative robots. This makes ABB the first robot manufacturer to offer an easy-to-use, no-code programming tool for cobots and six-axis industrial robots, lowering barriers to automation for new users and offering ecosystem partners and integrators an efficient tool to support their customers.
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