Machine Vision System and Vision Guided Robots Market By Type ( PC-based Machine Vision Systems, Smart Camera Based Machine Vision Systems ), By Application ( Automotive, Electronics and Semiconductor, Healthcare and Pharmaceuticals, Intelligent Transportation System ), Industry Trends, Estimation & Forecast, 2017-2025

May 2018

 Pages: 185

 ERC 2498

Machine Vision System Market and Vision Guided Robot Market are anticipated to grow at a CAGR of 7.2% and 13.2% during the forecast period 2018-2025.

The automatic extraction of information from digital images, which enables a machine or a computer to monitor and inspect specific articles is called as machine vision. The digital photographs are captured by a trained camera, under proper lighting and then those images are analyzed against a defined set of criteria. In the current scenario, with the continuous emergence of latest technical advancements such as 3D Machine vision and 4D vision for dynamic machining, major industrialists are getting allured towards this this technology. Moreover, the incorporation of machine vision system helps in conducting the manufacturing process in a much faster, consistent and flawless manner. Apart from this, the elimination of human inspection is also a plus point that is leading the major manufacturing firms to administer this within their plants. This technology is extensively used for tasks such as product inspection, process control, counting, and measurement of critical products, location, decoding and many others. Moreover, it also eliminates large catastrophes that can be caused due to bad machinery and automotive parts getting out of the factories without being inspected. The machine vision industry is witnessing a transformation from 2D vision systems to 3D vision systems, enabling the robots to see objects more accurately and in 3-dimensions

Vision guided robots (VGR) refers to the incorporation of machine vision system with robotic machineries which can be guided by the controller to execute certain tasks such as picking of parts, packaging of food products and removal of unwanted products in various industries such as automation, food & packaging, electronics & semiconductors and few others. VGR can actually provide least defects, high yield, compliance with regulations and proper product tracking, which are the major driving factors for the market growth. Vision guided robot is a robot which has been calibrated and is configured with the image sensors such as smart cameras installed for a specific task accomplishment. The considerably high application of vision guided robots is witnessed by the electronic industry and automobile industries for automation. Moreover, the expansion of industrialization in both developing and developed countries is acting as a driving factor for the growth of vision guided robotics market. Large scale automobile manufacturing are now adopting these systems in order to enhance their productivity and decrease the complexity, production cost and human errors. Additionally, surging labor costs and rising safety concerns regarding industrial workers are also boosting the adoption of vision guided robotics, especially among the heavy duty machinery industry. However, the major restraint for vision guided robot market is the huge initial cost required to set up such systems, due to which the use of robots in manufacturing units is being limited.

The report provides a separate detailed qualitative and quantitative analysis of the machine vision system and vision guided robots market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely type, and application in each of the major regions.

Machine Vision System and Vision Guided Robots Market Player Analysis -

The report presents detailed analysis of major players operating in machine vision system and vision guided robots market. Few of the include Cognex, Teledyne Dalsa, Datalogic, ISRA Vision, Denso, Universal Robots, FANUC, Xiris Automation, National Instruments, Omron Microscan, KUKA, Rethink Robotics, and ABB. Detailed coverage on these market players with information on their revenue from machine vision system and vision guided robots business, market share, and their growth strategies have been provided in the report.

Market Segmentation

The machine vision system and vision guided robots market is segmented on the basis of type, application, and geography. By type, the market is segmented into PC-based machine vision systems, smart camera based machine vision systems, and vision guided robotics. On the basis of application, the market is categorized into automotive, electronics and semiconductor, healthcare and pharmaceuticals, and intelligent transportation system. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Machine Vision System and Vision Guided Robots Market Segmentation

By Type
   • PC-based Machine Vision Systems
   • Smart Camera Based Machine Vision Systems

By Application
   • Automotive
   • Electronics and Semiconductor
   • Healthcare and Pharmaceuticals
   • Intelligent Transportation System
   • Others

By Geography
   • North America
             o U.S.
             o Canada
             o Mexico
   • Europe
             o U.K.
             o France
             o Germany
             o Italy
             o Spain
             o Rest of Europe
   • Asia-Pacific
             o China
             o Japan
             o India
             o Korea
             o Rest of APAC
   • South America
             o Brazil
             o Rest of South America
   • Rest of the World
             o Middle East
             o Africa

Machine Vision System and Vision Guided Robots Market Key Players

• Cognex
• Teledyne Dalsa
• Datalogic
• ISRA Vision
• Denso
• Universal Robots
• FANUC
• Xiris Automation
• National Instruments
• Omron Microscan
• KUKA
• Rethink Robotics
• ABB

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    What Information does this report contain?

    • What was the market size of the Machine Vision System and Vision Guided Robots Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is on trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Machine Vision System and Vision Guided Robots Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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