Vision guided robotics software market is expected to grow to US$ 3,719.8 million by 2025 from US$ 894.4 million in 2016. The market for vision guided robotics software is influenced by various factors such as rapid adoption of technologically advanced robots in small and medium enterprises (SMEs), and increase in labor shortage and labor costs majorly in the developed countries as well as in few of the developing countries worldwide.
Moreover, the integration of vision software, makes the robots more flexible, accurate, and increases the ability to act according to the situation. These factors are heavily impacting on the growth of vision guided robotics software market during the forecast period. However, the deterrent factors, affecting the market growth is attributed to the lack of skilled operators in the developing regions, leading to less adoption of advanced robotics systems, and high installation costs, which is also limiting the procurement of vision guided robots in the developing region.
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The List of companies covered in this Reports are
2. Fanuc Corporation
3. Cognex Corporation
4. Automation Anywhere
5. Vision Guided Robotics, LLC
6. Robotic Vision Technologies Inc.
7. Bluewrist Inc.
8. Energid Technologies Corporation
9. iRobot Corporation
10. Asimov Robotics
11. Recognition Robotics Inc.
12. READY Robotics Corporation
13. Pick It N.V.
14. MVTech Software GmbH
15. Visio Nerf
Nonetheless, the introduction of 3D vision technology, is anticipated to boost the procurement in the established organizations and SMEs, resulting in market growth. Furthermore, various companies operating in the industry are researching on development of robots and robotic vision, which is expected to increase the adoption of robots. Advancement of sensor technologies and processing power are enabling robots to take on more amorphous tasks such as driving, flying and mobile activities among others, which requires obstacle identification and avoidance capabilities through vision systems.
The vision guided robotic companies across the globe are constantly focusing on developing advanced technologies that would enhance the automation scenario to a greater extend and help the manufacturing industries to intensify their process.
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Advancement of sensor technologies and processing power are enabling robots to take on more amorphous tasks such as driving, flying and mobile activities among others, which requires obstacle identification and avoidance capabilities through vision systems. The major areas for robot manufacturers to develop a robust vision guided robot include fast increasing computing power, advancement in imaging hardware, improvement in high level software libraries, and reducing cost of computer memory. In addition, the advancement of machine vision, will bolster the automation technology in industrial sector in the coming years.
The objectives of this report are as follows:
Vision Guided Robotics Software Market – By Type
- Fixed Robot
- Mobile Robot
Vision Guided Robotics Software Market – By Connectivity Type
Vision Guided Robotics Software Market – Technology
- 2D Vision Guided
- 3D Vision Guided
Vision Guided Robotics Software Market – By Geography
- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
- South America (SAM)
- Rest of SAM
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Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
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This post was originally published on The Picayune Current