Press release
Robotic Vision Global Market Forecast to 2025: Growth Propelled by Technological Advancements and Industrial Automation
Robotic Vision Global Market
What Is The Projected Market Size Of The Global Robotic Vision Global Market Report 2025 And Its Growth Rate?
• The market size of the Robotic Vision, which was $2.53 billion in 2024, is projected to be $2.76 billion in 2025 with a CAGR of 9.0%.
• The market is expected further to reach $4.09 billion by 2029 at a CAGR of 10.4%.
• Major growth factors include expansion of autonomous vehicles, deployment in smart cities, application in hazardous environments, customization for small and medium-sized enterprises, increased adoption in logistics and supply chain.
What Is Driving The Growth In The Robotic Vision Global Market?
The growth in the global Robotic Vision market is prominently driven by the surging demand for smart cameras in robotic vision. These cameras, used for more than simply recording and archiving video content, serve as a modular standalone robotic vision solution for several factory applications. Rapidly growing in popularity worldwide, the demand for smart home camera systems is expected to double by 2027, influencing the growth of the Robotic Vision market significantly.
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Who Are the Key Players Driving Robotic Vision Growth?
Major players in the Robotic Vision market are:
• Cognex Corporation
• Omron Corporation
• Keyence Corporation
• Teledyne DALSA
• Tordivel AS
• ISRA VISION AG
• Basler AG
• SICK AG
• Hexagon AB
• Yaskawa Electric Corporation
• Fanuc America Corporation
• ABB Ltd.
What Are The Key Trends In The Robotic Vision Market?
Key trends in the forecast period include:
• Integration with AI and Machine Learning
• Advancements in 3D Vision Technology
• Use of Collaborative Robots (Cobots)
• Edge Computing for Real-time Processing
• Robotics as a Service (RaaS) Models
What Are The Segments Of The Global Robotic Vision Market?
The Robotic Vision market is segmented by:
• Component: Hardware, Software
• Technology: 2D Vision, 3D Vision
• Industry: Electrical And Electronics, Metals And Machinery, Precision Engineering And Optics, Automotive, Pharmaceuticals And Cosmetics, Food And Beverages, Other Industries
Which Region Leads The Robotic Vision Global Market Report 2025?
The Asia-Pacific region led the Robotic Vision market in 2024 and is expected to continue its lead in the forecast period. Other regions included in the report are Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Robotic Vision Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyzing the Robotic Vision Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identifying various subsegments within the Robotic Vision Global Market Report 2025 for effective categorization.
- Key Player Focusing on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examines individual growth trends and market prospects.
- Market Contribution: Evaluates contributions of different segments to the overall Robotic Vision Global Market Report 2025 growth.
- Growth Drivers: Details key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Robotic Vision Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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