The Business Research Company’s report on the Robotic Vision Sensor Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the robotic vision sensor market?
The increasing automation in industries is expected to propel the growth of the robotic vision sensor market going forward. Automation in industries refers to the use of technology, such as robotics, artificial intelligence, and machine systems in various industries with minimal human intervention ensuring consistent quality. The demand for automation in industries is rising as it enables businesses to complete tasks faster, without interruptions or fatigue, while significantly enhancing productivity. Robotic vision sensors improve automation by enabling accurate object recognition and positioning, enhancing efficiency in industrial systems. For instance, in September 2024, according to the International Federation of Robotics, a Germany-based non-profit organization, the global operational stock of industrial robots has surged to 4,281,585 units, reflecting a significant 10% increase from the previous year. Therefore, the increasing automation in industries is driving the growth of the robotic vision sensor market.
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How has the robotic vision sensor market size evolved, and what are the latest forecasts for its expansion?
The robotic vision sensor market size has grown rapidly in recent years. It will grow from $2.58 billion in 2024 to $2.94 billion in 2025 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to increasing adoption of automation, a growing need for quality control in manufacturing, the rise of industry 4.0, increasing automation in industries, and high adoption of robots in manufacturing processes.
The robotic vision sensor market size is expected to see rapid growth in the next few years. It will grow to $4.89 billion in 2029 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to increasing demand for industrial automation, increasing adoption of robotics in sectors such as manufacturing, healthcare, and automotive, growing integration of artificial intelligence (AI) technologies, and rising consumer demand. Major trends in the forecast period include advancements in artificial intelligence, machine learning, integration of machine learning and artificial intelligence with vision sensors, high demand for 3D vision systems, advancements in AI and machine learning, and development of compact and lightweight sensors.
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Which major companies dominate the robotic vision sensor market?
Major companies operating in the robotic vision sensor market are Sony Corporation, Intel Corporation, ABB Robotics, STMicroelectronics, Keyence Corporation, Omron Corporation, FANUC Corporation, Zebra Technologies, KUKA Robotics, Yaskawa Electric Corporation, SICK AG, Cognex Corporation, Epson Robots, Universal Robots, Teledyne DALSA, ISRA Vision, Micro-Epsilon, Basler AG, Allied Vision, LMI Technologies
What trends will shape the future of the robot charging station market?
Major companies operating in the robotic vision sensor market are innovating by developing advanced image processing technologies to enhance the performance of robotic vision systems. Image processing technologies involve techniques and algorithms that improve, analyze, and manipulate images captured by sensors or cameras, allowing systems to extract valuable insights for tasks such as object recognition, pattern detection, and data interpretation. For instance, in April 2024, OMNIVISION Technologies, a US-based semiconductor manufacturer, introduced a 9-megapixel global shutter image sensor, the OG09A10, designed for industrial machine vision cameras. This sensor features a 1-inch optical format and a 3.45 µm pixel size, offering high-quality images of fast-moving objects, with advanced technologies such as Nyxel NIR and DCG HDR for clear, low-noise images in low-light or challenging conditions. CMOS image sensors are gradually replacing CCDs, simplifying the complexity of industrial cameras and making them more compact for various industrial applications.
Which region dominates the robotic vision sensor market, and what factors contribute to its leadership?
North America was the largest region in the robotic vision sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic vision sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the robotic vision sensor market segmented, and which segment holds the largest share?
The robotic vision sensor market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Technology: 2D Vision, 3D Vision, Infrared Vision, Other Technology
3) By Application: Quality Inspection, Guidance And Navigation, Measurement And Gauging, Object Recognition, Autonomous Mobile Robots (AMRs)
4) By End-User Industry: Automotive, Electronics, Healthcare, Aerospace And Defense, Other End-User Industry
Subsegments:
1) By Hardware Type: Vision Cameras, Sensors, Processors, Illumination Systems, Optics & Lenses
2) By Software Type: Image Processing Software, Machine Learning Algorithms, AI-Based Vision Systems, Calibration & Optimization Software, Data Analytics Tools
3) By Services Type: Installation & Integration Services, Maintenance & Support Services, Consulting & Training Services, Customization Services, Remote Monitoring & Upgrades
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What defines the structure and scope of the robotic vision sensor market?
A robotic vision sensor is a technology that enables robots to perceive and interpret their surroundings using cameras and advanced image-processing algorithms. This sensor enhances automation, improves precision, and increases the efficiency of robotic systems in various industries.
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