According to a new report, published by KBV research, The Global Vision Guided Robotics Market size is expected to reach $23.40 billion by 2031, rising at a market growth of 7.5% CAGR during the forecast period.
The Electrical & Electronics segment is registering a CAGR of 6.3% during (2024 - 2031). The growing complexity of electronic components and the need for high precision in circuit board assembly, semiconductor manufacturing, and quality control have fuelled the adoption of vision guided robotic systems. With miniaturization trends and increasing consumer demand for advanced electronics, manufacturers are investing in automation to enhance productivity and reduce errors. Integrating AI-driven vision systems in robotics has further improved the efficiency of inspection and assembly processes in the electronics industry.
The 2D Vision segment is leading the Global Vision Guided Robotics Market by Type in 2023; thereby, achieving a market value of $12.51 billion by 2031. This dominance is driven by its widespread adoption across industries for applications requiring high-speed object detection, sorting, and quality inspection. 2D vision systems are cost-effective, easy to integrate, and efficient in identifying patterns, barcodes, and surface defects, making them a preferred choice in manufacturing, logistics, and packaging industries. Their ability to enhance automation in production lines while ensuring accuracy and consistency has significantly contributed to their market share.
The Software segment exhibits a CAGR of 8.1% during (2024 - 2031). The rising integration of artificial intelligence, machine learning, and deep learning algorithms in vision systems has significantly boosted the demand for software solutions. These software platforms enable advanced image processing, object recognition, and real-time decision-making, enhancing vision-guided robots' capabilities. Industries such as manufacturing, logistics, and healthcare are increasingly investing in software-driven automation to optimize workflows and improve accuracy.
Full Report: https://www.kbvresearch.com/vision-guided-robotics-market/
The Asia Pacific region dominated the Global Vision Guided Robotics Market by Region in 2023; thereby, achieving a market value of $8.78 billion by 2031. The Europe region is expected to witness a CAGR of 6.8% during (2024 - 2031). Additionally, The North America region would register a CAGR of 7.3% during (2024 - 2031).
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