“Global Vision Guided Robotics Market to reach a market value of USD 23.40 Billion by 2031 growing at a CAGR of 7.5%”
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 rising need for automation in drug manufacturing, laboratory testing, and medical device production has significantly contributed to the segment’s growth. Vision guided robotics is widely used for precise handling of sensitive materials, quality inspection of medicines, and sterile packaging processes. Therefore, the healthcare & pharmaceutical segment garnered 14% revenue share in the market in 2023. Additionally, the increasing adoption of robotics in surgical procedures and pharmaceutical research has further driven market expansion. The demand for accuracy, efficiency, and compliance with strict regulatory standards continues to propel the use of vision guided robotics in the pharmaceutical and medical sectors.
The demand for automation is also rising in non-traditional sectors like agriculture, construction, and retail, where vision-guided robots are used for tasks such as sorting, inspection, and warehouse automation. In e-commerce fulfilment centers, for example, robotic arms with AI-powered vision systems streamline order picking and packing, reducing turnaround times and improving supply chain efficiency. As automation becomes a key driver of competitiveness, industries increasingly invest in vision-guided robotics to stay ahead in a rapidly evolving market. Furthermore, precision manufacturing is essential in industries like aerospace, medical devices, and pharmaceuticals, where strict compliance with regulatory standards is mandatory. Vision-guided robotics enables manufacturers to achieve near-zero defect rates by conducting continuous, non-contact quality assessments. This capability reduces material waste, enhances customer satisfaction, and strengthens brand reputation by delivering consistently high-quality products. Therefore, the increasing need for quality inspection and precision manufacturing is propelling the market's growth.
However, as industries move toward fully autonomous production environments, simplifying programming and improving interoperability between vision-guided robots and other automation technologies will be critical. Companies increasingly seek user-friendly interfaces and low-code or no-code solutions that reduce reliance on specialized programmers, making adoption more accessible. In conclusion, complexity in programming and integration with existing systems is impeding the market's growth.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
Based on component, the market is characterized into hardware, software, and services. The hardware segment garnered 60% revenue share in the market in 2023. The dominance of this segment is driven by the increasing demand for essential robotic components such as cameras, sensors, processors, and robotic arms. Advanced vision systems, including 3D cameras and LiDAR sensors, are widely integrated into robotics to enhance accuracy and efficiency in industrial automation. Additionally, the growing adoption of AI-powered vision technologies in sectors such as automotive, electronics, and healthcare has fuelled the demand for high-performance hardware solutions. The continuous advancements in imaging technologies and miniaturization of hardware components further contribute to the expansion of this segment.
By type, the market is categorized into 2D vision and 3D vision. The 3D vision segment held 45% revenue share in the market in 2023. The growing demand for precise object recognition, depth perception, and complex shape analysis has fuelled the adoption of 3D vision systems. These systems offer enhanced capabilities for robotic guidance, bin picking, and autonomous navigation, making them ideal for industries such as automotive, aerospace, and healthcare. The increasing deployment of 3D vision in smart factories and industrial automation, combined with advancements in AI and machine learning, is driving market expansion. Additionally, as industries move towards more sophisticated automation solutions, the demand for 3D vision guided robotics is expected to rise, further bridging the gap with 2D vision technologies.
On the basis of application, the market is classified into automobile, electrical & electronics, food & beverage, aerospace & defense, healthcare & pharmaceutical, logistics, welding, inspection, & cleaning, painting, and others. The automobile segment acquired 20% revenue share in the market in 2023. The increasing adoption of automation in automotive manufacturing, including assembly lines, welding, painting, and inspection processes, has driven the demand for vision guided robotics. Automakers leverage advanced robotic systems to enhance precision, improve production efficiency, and reduce operational costs. Additionally, the rising demand for electric vehicles (EVs) and autonomous driving technology has further accelerated the integration of vision guided robotics in the automotive sector.
Free Valuable Insights: Global Vision Guided Robotics Market size to reach USD 23.40 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 36% revenue share in the market in 2023. Rapid industrialization and increasing demand for automation in manufacturing have fuelled market growth in the region. Countries like China, Japan, and South Korea are leading robotics adoption, driven by government initiatives promoting smart manufacturing. The rising need for precision, efficiency, and cost reduction in industries like electronics and logistics has accelerated the adoption of vision guided robotics across Asia Pacific.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 13.27 Billion |
| Market size forecast in 2031 | USD 23.40 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 7.5% from 2024 to 2031 |
| Number of Pages | 276 |
| Number of Tables | 401 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Market Share Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Application, Type, Component, Region |
| Country scope |
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| Companies Included | Omron Corporation, DENSO CORPORATION, FANUC Corporation, Hexagon AB, Cognex Corporation, Basler AG, ABB Ltd., Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Qualcomm Incorporated (Qualcomm Technologies, Inc.), Universal Robots A/S (Teradyne, Inc.) |
By Application
By Type
By Component
By Geography
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