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Vision Guided Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global vision guided robotics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A vision guided robotics (VGR) is an automation technology embedded with cameras, special-purpose lighting, software, and robots. It is also integrated with machine vision (MV) and image processing technologies to provide a second feedback signal to the robot controller and navigate to a variable target position. It offers a higher level of accuracy and precision in operations and enables flexible manufacturing and production lines to accommodate product changes compared to conventional robots readily. Besides this, as it assists in eliminating time-consuming work and improving the overall productivity, the demand for VGR is escalating around the world.

Vision Guided Robotics Market Trends:

At present, there is a rise in the adoption of VGR systems in the industrial, manufacturing, and transit sectors on account of rapid industrialization across the globe. This represents one of the key factors propelling the growth of the market. Apart from this, there is an increase in the demand for automation and safety across numerous industry verticals. This, in confluence with several benefits of VGR systems over conventional robots in terms of applicability and flexibility of adaptation, is positively influencing their overall sales. Furthermore, leading market players are continuously funding research and development (R&D) activities to introduce advanced robots with high-definition (HD) cameras and accurate sensors that involve obstacle detection and avoidance skills in vision systems. These advanced robots aid in performing flexible jobs, such as driving, flying, and mobile activities. Moreover, key players are focusing on fast-expanding computing power, improving high-level software libraries, making progress in imaging hardware, and lowering the cost of computer memory, which is creating a favorable market outlook. Besides this, the rising utilization of VGR systems in pharmaceuticals, semiconductors, automobiles, cosmetics, food and drinks, and medical devices, is driving the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vision guided robotics market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, component and industry vertical.

Breakup by Type:

  • 2D-Vision System Robots
  • 3D-Vision System Robots
     

Breakup by Component:

  • Hardware
  • Software
  • Services
     

Breakup by Industry Vertical:

  • Automobile
  • Electrical and Electronics
  • Aerospace and Defense
  • Foods and Beverages
  • Healthcare and Pharmaceutical
  • Metal Processing
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Allied Vision Technologies GmbH, Basler AG, Bastian Solutions LLC (Toyota Industries Corporation), Cognex Corporation, DENSO Corporation, FANUC Corporation, ISRA Vision AG (Atlas Copco), Kawasaki Heavy Industries Ltd., OMRON Corporation, Universal Robots A/S (Teradyne Inc.) and Yaskawa Electric Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Component, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Allied Vision Technologies GmbH, Basler AG, Bastian Solutions LLC (Toyota Industries Corporation), Cognex Corporation, DENSO Corporation, FANUC Corporation, ISRA Vision AG (Atlas Copco), Kawasaki Heavy Industries Ltd., OMRON Corporation, Universal Robots A/S (Teradyne Inc.) and Yaskawa Electric Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global vision guided robotics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vision guided robotics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vision guided robotics market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Vision Guided Robotics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    2D-Vision System Robots
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    3D-Vision System Robots
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Component
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Services
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Industry Vertical
    8.1    Automobile
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Electrical and Electronics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Aerospace and Defense
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Foods and Beverages
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Healthcare and Pharmaceutical
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Metal Processing
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABB Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Allied Vision Technologies GmbH
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Basler AG
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Bastian Solutions LLC (Toyota Industries Corporation)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Cognex Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    DENSO Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    FANUC Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    ISRA Vision AG (Atlas Copco)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Kawasaki Heavy Industries Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    OMRON Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Universal Robots A/S (Teradyne Inc.)
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Yaskawa Electric Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Vision Guided Robotics Market: Major Drivers and Challenges
Figure 2: Global: Vision Guided Robotics Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Vision Guided Robotics Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Vision Guided Robotics Market: Breakup by Type (in %), 2020
Figure 5: Global: Vision Guided Robotics Market: Breakup by Component (in %), 2020
Figure 6: Global: Vision Guided Robotics Market: Breakup by Industry Vertical (in %), 2020
Figure 7: Global: Vision Guided Robotics Market: Breakup by Region (in %), 2020
Figure 8: Global: Vision Guided Robotics (2D-Vision System Robots) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Vision Guided Robotics (2D-Vision System Robots) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Vision Guided Robotics (3D-Vision System Robots) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Vision Guided Robotics (3D-Vision System Robots) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Vision Guided Robotics (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Vision Guided Robotics (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Vision Guided Robotics (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Vision Guided Robotics (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Vision Guided Robotics (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Vision Guided Robotics (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Vision Guided Robotics (Automobile) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Vision Guided Robotics (Automobile) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Vision Guided Robotics (Electrical and Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Vision Guided Robotics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Vision Guided Robotics (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Vision Guided Robotics (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Vision Guided Robotics (Foods and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Vision Guided Robotics (Foods and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Vision Guided Robotics (Healthcare and Pharmaceutical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Vision Guided Robotics (Healthcare and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Vision Guided Robotics (Metal Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Vision Guided Robotics (Metal Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia-Pacific: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia-Pacific: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Vision Guided Robotics Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Vision Guided Robotics Market: Breakup by Country (in %), 2020
Figure 78: Middle East and Africa: Vision Guided Robotics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Global: Vision Guided Robotics Industry: SWOT Analysis
Figure 80: Global: Vision Guided Robotics Industry: Value Chain Analysis
Figure 81: Global: Vision Guided Robotics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vision Guided Robotics Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Vision Guided Robotics Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Vision Guided Robotics Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 4: Global: Vision Guided Robotics Market Forecast: Breakup by Industry Vertical (in Million US$), 2021-2026
Table 5: Global: Vision Guided Robotics Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Vision Guided Robotics Market: Competitive Structure
Table 7: Global: Vision Guided Robotics Market: Key Players

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