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What Is The Leading Driver Behind Rising Adoption Of Robotics Boosts Vision Guided Robotics Market Market Expansion in 2025
Vision Guided Robotics Software
Vision Guided Robotics Software Market Size Growth Forecast: What to Expect by 2025?
The market size for vision guided robotics software has expanded swiftly in the past few years. The market is predicted to inflate from $2.69 billion in 2024 to $3.2 billion in 2025 with a compound annual growth rate (CAGR) of 19.1%. The expansion during the historical phase is due to the decline in hardware expenses, enhancement in processing capacity, diminishment of cameras, worldwide development of supply chains, and adherence to safety and regulatory rules.
How Will the Vision Guided Robotics Software Market Size Evolve and Grow by 2029?
It is forecasted that the market size of vision guided robotics software will proliferate swiftly in the foroming years, with a projection to reach $6.19 billion by 2029, representing a compound annual growth rate (CAGR) of 17.9%. This robust growth expected during the forecast period can be credited to factors including the requirement for quality control, the expansion of e-commerce, the emphasis on lean manufacturing, the rising intricacy of manufacturing proceedings, and market penetration in budding economies. Key trends predicted for this period incorporate solutions based on cloud, edge computing, sensor fusion, autonomous navigation, and collaboration between humans and robots.
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What Drivers Are Propelling the Growth of Vision Guided Robotics Software Market Forward?
The escalating utilization of robotics across diverse industries is anticipated to fuel the expansion of the vision-guided robotics software market in the future. Robotics pertains to the technological sector concerned with the creation, assembly, application, and upkeep of robots. The growing integration of robotics is attributed to enhancements in efficiency, cost savings, and advancements in technology. Vision-guided robotics software augments the abilities of robots by facilitating real-time perception, interpretation, and reaction to visual data, thereby optimizing tasks related to navigation, object recognition, and manipulation. For example, as per a report released in October 2022 by the International Federation of Robotics, a professional non-governmental organization based in Germany, around 517,385 fresh industrial robots were installed in factories globally, marking an increment of 39,400 from the previous year, 2021. Consequently, the rising integration of robotics is propelling the growth of the vision-guided robotics market.
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Which Emerging Trends Are Transforming the Vision Guided Robotics Software Market in 2025?
Leading companies in the vision-guided robotics software market are concentrating their efforts on creating highly advanced solutions, including Vision Systems powered by embedded AI technology, with the goal of improving precision and efficiency in automation. The term "embedded AI technology" in relation to vision-guided robot software denotes the incorporation of artificial intelligence algorithms directly into the hardware or firmware of robot systems, thus allowing for immediate data processing and decision-making based on visual inputs. As an example, Cognex Corporation, an American company specializing in the production of machine vision systems, introduced the In-Sight L38 3D Vision System in April 2024. This system integrates AI, 2D, and 3D vision technologies to address a diverse range of inspection and measurement requirements in industrial automation. Specifically, it is designed for robot guidance and features 3D capabilities that allow for precise object recognition, an essential aspect of picking, placing, and inspecting within production line settings. When combined with robotic software, this system heightens efficiency and precision by enabling robots to make data-informed decisions based on visual information.
What Are the Key Segments in the Vision Guided Robotics Software Market?
The vision guided robotics softwaremarket covered in this report is segmented -
1) By Type: Mobile Robot, Fixed Robot
2) By Technology: 2 Dimensional Vision Guided, 3 Dimensional Vision Guided
3) By Application: Advanced Robotic Control Welding, Assembly, Cutting, Palletizing And Machine Tending, Navigation, Random Bin Picking, Collaborative Robots, Other Applications
4) By Vertical: Automotive, Electrical And Electronics, Aerospace, Healare, Transportation And Logistics, Food And Beverages, Other Verticals
Subsegments:
1) By Mobile Robot: Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs), Drones (UAVs), Delivery Robots
2) By Fixed Robot: Articulated Robots, SCARA Robots, Cartesian Robots, Delta Robots, Collaborative Robots (Cobots)
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Who Are the Key Players Shaping the Vision Guided Robotics Software Market's Competitive Landscape?
Major companies operating in the vision guided robotics software market are ABB Ltd., Omron Corporation, Keyence Corporation, Fanuc Corporation, Yaskawa Electric Corporation, Cognex Corporation, Universal Robots A/S, Basler AG, Teledyne DALSA Inc., LMI Technologies Inc., IDS Imaging Development Systems GmbH, Zivid AS, Bluewrist, Integro Technologies Corp, Allied Vision Technologies GmbH, Visio Nerf, Neurala Inc., MVTec Software GmbH, Apera AI, Robotic Vision Technologies Inc., Sick AG
What Geographic Markets Are Powering Growth in the Vision Guided Robotics Software Market?
Asia-Pacific was the largest region in the vision guided robotics software market in 2024. The regions covered in the vision guided robotics software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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