Robotic Vision Market Growth: Why 3D Vision Systems Are Leading the Way

1. Unlocking the Future of Robotics: Insights into the Growing Robotic Vision Market

2. Robotic Vision Market– 2024-2031 Meticulous Research®’s latest report forecasts that the robotic vision market will reach $5.2 billion by 2029, growing at an 11% CAGR from 2022. This growth is driven by the widespread adoption of 3D vision systems in industrial applications, the advancements in Industry 4.0, and the increasing demand for automated quality inspection technologies. Government support and the rise of machine vision systems across industries are also contributing to market expansion. However, the market faces challenges such as depth errors from shiny surfaces, integration complexities, and high initial costs. Trends such as AI and machine learning advancements and the growing use of embedded vision are influencing market developments. The market is divided into hardware and software segments, with hardware currently leading due to its role in vision systems and automation. 3D vision systems are the most prevalent, though 4D systems are expected to grow the fastest. Measurement, inspection, and testing applications are the largest, while identification and feature extraction are anticipated to grow rapidly. The industrial end user segment dominates, with Asia-Pacific expected to see the highest growth due to supportive government policies and industrial expansion. Key Players: The key players operating in the robotic vision market include FANUC Corporation (Japan), Qualcomm Technologies, Inc. (U.S.), Hexagon AB (Sweden), ABB Group (Switzerland), Teledyne Dalsa Inc. (Canada), Cognex Corporation (U.S.), Basler AG (Germany), OMRON Corporation (Japan), National Instruments Corporation (U.S.), Keyence Corporation (Japan), Sick AG (Germany), Tordivel AS (Norway), Advantech (Taiwan), ISRA Vision (Germany), Yaskawa America, Inc. (Japan), Cadence Design Systems, Inc. (U.S.), Panasonic Holdings Corporation (U.S.), Allied Vision Technologies GmbH (Germany), MVTec Software GmbH (Germany), Xenics NV (Belgium), Industrial Vision Systems Ltd (U.K.), and Apera AI (Canada). Download Research PDF @ https://www.meticulousresearch.com/download-sample- report/cp_id=5408 Key Questions Answered in the Report: • Which are the high-growth market segments based on offering, type, application, end user, and geography? • What was the historical market size for robotic vision? • What are the market forecasts and estimates for the period 2022–2029? • What are the major drivers, restraints, opportunities, challenges, and trends in the robotic vision market? • Who are the major players, and what are their market shares? • How is the competitive landscape in the robotic vision market? • What are the recent developments in the robotic vision market? Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. Robotic Vision Market– 2024-2031 • What are the different strategies adopted by the major players in the robotic vision market? • What are the key geographic trends, and which are the high-growth countries? • Who are the local emerging players in the robotic vision market, and how do they compete with the global players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com