The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for smart cameras in robotic vision is expected to fuel innovation in robotic vision manufacturing, propelling the market during the forecast period.

The global robotic vision market is expected to grow from $2.12 billion in 2022 to $2.33 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The robotic vision market size is expected to grow to $3.31 billion in 2027 at a CAGR of 9.2%.

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Global robotic vision Market Segments Include:

• By Component: Hardware, Software
• By Technology: 2D Vision, 3D Vision
• By Industry: Electrical and Electronics, Metals and Machinery, Precision Engineering and Optics, Automotive, Pharmaceuticals and Cosmetics, Food and Beverages, Chemical, Rubber, and Plastic, Other Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global robotic vision market in 2021.

Major Market Players in the robotic vision market include Cognex Corporation, Omron Corporation, Keyence Corporation, Teledyne DALSA, Tordivel AS, ISRA VISION AG, Basler AG, SICK AG, Hexagon AB.

Technological advancement is a key trend that is gaining traction in the robotic vision market. To maintain their market position, major players in the robotic vision sector are focusing on technological developments. For example, DreamVu Inc., a computer hardware manufacturing company based in the United States that specialises in the development of 360-degree and 3D cameras, robotics, and autonomous navigation, launched the PAL and PAL Mini Omnidirectional 3D Vision Systems in January 2021. Advanced imaging algorithms in the PAL and PAL Mini provide visual intelligence and 3D point clouds with high-resolution vision, accurate depth, and colour. Its cameras are suitable for navigation systems, as well as applications requiring low power consumption and high dependability, such as residential vacuum-cleaning robots, commercial cleaning robots, and disinfection robots.

The Robotic Vision Global Market Report 2023  provides a robotic vision market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The robotic vision market forecast analyzes robotic vision market size, robotic vision market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Robotic vision allows a robot to see by utilising a variety of calibrated algorithms, calibration, and even temperature detection sensors, all of which vary in complexity and application.

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