Table of Content


"1    INTRODUCTION    39
1.1    STUDY OBJECTIVES    39
1.2    MARKET DEFINITION    39
1.2.1    INCLUSIONS AND EXCLUSIONS    40
1.3    STUDY SCOPE    40
1.3.1    MARKETS COVERED    40
FIGURE 1    ROBOTIC VISION MARKET: SEGMENTATION    41
1.3.2    YEARS CONSIDERED    41
1.4    CURRENCY    42
1.5    LIMITATIONS    42
1.6    STAKEHOLDERS    42
1.7    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    44
2.1    RESEARCH DATA    44
FIGURE 2    ROBOTIC VISION MARKET: RESEARCH DESIGN    44
2.1.1    SECONDARY AND PRIMARY RESEARCH    45
2.1.2    SECONDARY DATA    45
2.1.2.1    Major secondary sources    46
2.1.2.2    Key data from secondary sources    46
2.1.3    PRIMARY DATA    47
2.1.3.1    Primary interviews with experts    47
2.1.3.2    Key data from primary sources    48
2.1.3.3    Key industry insights    49
2.1.3.4    Breakdown of primaries    49
2.2    MARKET SIZE ESTIMATION    50
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF ROBOTIC VISION MARKET SIZE    50
2.2.1    BOTTOM-UP APPROACH    51
2.2.1.1    Approach for arriving at market size by bottom-up analysis (demand side)    51
FIGURE 4    ROBOTIC VISION MARKET: BOTTOM-UP APPROACH    52
2.2.2    TOP-DOWN APPROACH    52
2.2.2.1    Approach for capturing market size by using top-down analysis (supply side)    52
FIGURE 5    ROBOTIC VISION MARKET: TOP-DOWN APPROACH    53

2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    53
FIGURE 6    ROBOTIC VISION MARKET: DATA TRIANGULATION    53
2.4    RESEARCH ASSUMPTIONS AND LIMITATIONS    54
2.4.1    ASSUMPTIONS    54
3    EXECUTIVE SUMMARY    55
FIGURE 7    COVID-19 IMPACT ANALYSIS ON ROBOTIC VISION MARKET    55
3.1    REALISTIC SCENARIO    56
3.2    OPTIMISTIC SCENARIO    56
3.3    PESSIMISTIC SCENARIO    56
FIGURE 8    2D VISION SYSTEMS TO HOLD LARGER SHARE OF ROBOTIC VISION MARKET IN 2022    57
FIGURE 9    SOFTWARE COMPONENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD    58
FIGURE 10    ROBOTIC GUIDANCE SYSTEMS TO HOLD LARGER SHARE OF ROBOTIC VISION MARKET IN 2022    59
FIGURE 11    MATERIAL HANDLING APPLICATION TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    60
FIGURE 12    ROBOTIC VISION MARKET FOR FOOD & BEVERAGES INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    61
FIGURE 13    ROBOTIC VISION SYSTEM MARKET IN ASIA PACIFIC IS GROWING WITH HIGHER MARKET SHARE IN 2022    62
4    PREMIUM INSIGHTS    63
4.1    ATTRACTIVE GROWTH OPPORTUNITIES FOR ROBOTIC VISION MARKET    63
FIGURE 14    INCREASE IN DEMAND FOR QUALITY INSPECTION TO DRIVE MARKET GROWTH    63
4.2    ROBOTIC VISION MARKET, BY TYPE    63
FIGURE 15    ROBOTIC VISION MARKET FOR 3D VISION SYSTEMS TO HOLD HIGHEST CAGR BETWEEN 2022–2027    63
4.3    ROBOTIC VISION MARKET, BY COMPONENT    64
FIGURE 16    HARDWARE SEGMENT TO HOLD LARGEST SHARE OF ROBOTIC VISION MARKET    64
4.4    ROBOTIC VISION MARKET, BY DEPLOYMENT    64
FIGURE 17    ROBOTIC GUIDANCE SYSTEMS FOR ROBOTIC VISION MARKET TO DOMINATE DURING FORECAST PERIOD    64
4.5    ROBOTIC VISION MARKET, BY APPLICATION    65
FIGURE 18    MATERIAL HANDLING SEGMENT TO DOMINATE ROBOTIC VISION MARKET    65
4.6    ROBOTIC VISION MARKET, BY INDUSTRY    65
FIGURE 19    ELECTRICAL & ELECTRONICS INDUSTRY HOLDS LARGEST SHARE OF ROBOTIC VISION MARKET    65
4.7    ROBOTIC VISION MARKET, BY REGION    66
FIGURE 20    ASIA PACIFIC TO HOLD LARGEST SIZE OF ROBOTIC VISION MARKET    66

5    MARKET OVERVIEW    67
5.1    INTRODUCTION    67
5.2    MARKET DYNAMICS    67
FIGURE 21    MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    67
5.2.1    DRIVERS    68
5.2.1.1    Growth in need for quality inspection with automated robotic vision    68
5.2.1.2    High adoption of 3D vision systems in industrial robotics    68
5.2.1.3    Demand for safety as well as quality products in industrial sector    69
5.2.1.4    Increase in use of smart cameras in robotic vision    69
FIGURE 22    ROBOTIC VISION MARKET DRIVERS: IMPACT ANALYSIS    70
5.2.2    RESTRAINTS    70
5.2.2.1    High initial cost of installation    70
5.2.2.2    Varying industrial and end-user applications    70
5.2.2.3    Limited awareness of robotic vision systems    71
FIGURE 23    ROBOTIC VISION MARKET RESTRAINTS: IMPACT ANALYSIS    71
5.2.3    OPPORTUNITIES    72
5.2.3.1    Government initiatives boosting industrial automation    72
TABLE 1    SUMMARY OF INVESTMENTS IN INDUSTRIAL AUTOMATION PROVIDED THROUGH GOVERNMENT INITIATIVES    72
5.2.3.2    AI and deep learning driving advancement of robotic vision    73
5.2.3.3    Increasing customization of robotic vision systems    73
FIGURE 24    ROBOTIC VISION MARKET OPPORTUNITIES: IMPACT ANALYSIS    74
5.2.4    CHALLENGES    74
5.2.4.1    Difficulties in manufacturing of overall robotic vision systems    74
5.2.4.2    Programming of complex inspection tasks    75
FIGURE 25    ROBOTIC VISION MARKET CHALLENGES: IMPACT ANALYSIS    75
5.3    VALUE CHAIN ANALYSIS    75
FIGURE 26    VALUE CHAIN ANALYSIS: ROBOTIC VISION MARKET    76
5.4    ECOSYSTEM    78
FIGURE 27    GLOBAL ROBOTIC VISION MARKET: ECOSYSTEM    78
TABLE 2    ROBOTIC VISION MARKET: ECOSYSTEM    78
5.5    PRICING ANALYSIS    79
5.5.1    AVERAGE SELLING PRICES OF KEY PLAYERS, BY COMPONENTS    80
FIGURE 28    AVERAGE SELLING PRICES OF KEY PLAYERS FOR COMPONENTS    80
TABLE 3    AVERAGE SELLING PRICES OF KEY PLAYERS FOR COMPONENTS (USD)    80
5.6    TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS    80
FIGURE 29    TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS    81
5.7    TECHNOLOGY ANALYSIS    81
5.7.1    GROWING PENETRATION OF 3D VISION SYSTEMS    81
5.7.2    POINT CLOUD ROBOTIC VISION    82
5.7.3    HYPERSPECTRAL IMAGING    82
5.7.4    USE OF ARTIFICIAL INTELLIGENCE IN ROBOTIC VISION    82
5.7.5    USE OF LIQUID LENSES IN ROBOTIC VISION SYSTEMS    83
5.8    PORTER’S FIVE FORCE ANALYSIS    83
TABLE 4    PORTER'S FIVE FORCES ANALYSIS WITH THEIR IMPACT (2021)    83
5.8.1    THREAT OF NEW ENTRANTS    83
5.8.2    THREAT OF SUBSTITUTES    84
5.8.3    BARGAINING POWER OF SUPPLIERS    84
5.8.4    BARGAINING POWER OF BUYERS    84
5.8.5    INTENSITY OF COMPETITIVE RIVALRY    84
5.9    KEY STAKEHOLDERS & BUYING CRITERIA    85
5.9.1    KEY STAKEHOLDERS IN BUYING PROCESS    85
FIGURE 30    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 END USERS    85
TABLE 5    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 END USERS (%)    85
5.9.2    BUYING CRITERIA    86
FIGURE 31    KEY BUYING CRITERIA FOR TOP 3 END USERS    86
TABLE 6    KEY BUYING CRITERIA FOR TOP 3 END USERS    86
5.10    CASE STUDY ANALYSIS    87
5.10.1    KINE ROBOTICS OY UTILIZES MACHINE VISION SYSTEMS FOR LOCATING BAGS ON CONVEYOR BELT    87
5.10.2    VARTA CONSUMER BATTERIES GMBH & CO. KGAA USES COGNEX VISIONPRO 3D TO ENSURE PRODUCTION SPEED AND PRODUCT QUALITY    87
5.10.3    BYD USES CAMERAS OF COGNEX CORPORATION FOR ITS PRODUCTION LINE    87
5.10.4    TIMEX USES KEYENCE’S INSTANT DIMENSION MEASUREMENT SERIES TO SIMPLIFY INSPECTION    88
5.10.5    KAWASAKI ROBOTICS USES COGNEX CAMERA FOR WELDING PIPES    88
5.11    TRADE ANALYSIS    88
FIGURE 32    IMPORT DATA FOR HS CODE 852580, BY KEY COUNTRY, 2016–2020 (USD MILLION)    88
FIGURE 33    EXPORT DATA FOR HS CODE 852580, BY KEY COUNTRY, 2016–2020 (USD MILLION)    89
5.12    PATENT ANALYSIS    90
FIGURE 34    TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS    90
FIGURE 35    PATENT ANALYSIS RELATED TO ROBOTIC VISION MARKET    90
TABLE 7    TOP 20 PATENT OWNERS IN THE LAST 10 YEARS    91
5.12.1    LIST OF MAJOR PATENTS    92
5.13    KEY CONFERENCES & EVENTS IN 2022–2023    93
TABLE 8    ROBOTIC VISION MARKET: DETAILED LIST OF CONFERENCES & EVENTS    93
5.14    REGULATIONS AND STANDARDS    96
5.14.1    INTERFACE/CONNECTIVITY    96
5.14.1.1    GigE Vision    96
5.14.1.2    USB3 Vision    97
5.14.1.3    CoaXPress (CXP)    97

5.14.2    CAMERA    97
5.14.2.1    EMVA 1288    97
5.14.2.2    ASTM E57    97
5.14.3    LENS    97
5.14.3.1    Japan Industrial Imaging Association (JIAA)    97
5.14.4    PROGRAMMING INTERFACE    98
5.14.4.1    GenICam    98
TABLE 9    REGULATIONS AND STANDARDS: ROBOTIC VISION    98
5.15    TARIFFS AND REGULATORY LANDSCAPE    99
5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    99
TABLE 10    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    99
TABLE 11    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    100
TABLE 12    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    100
TABLE 13    ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    101
6    ROBOTIC VISION MARKET, BY TYPE    102
6.1    INTRODUCTION    103
FIGURE 36    ROBOTIC VISION MARKET, BY TYPE    103
FIGURE 37    MARKET FOR 3D VISION SYSTEMS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD    103
TABLE 14    ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    104
TABLE 15    ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    104
6.2    2D VISION SYSTEMS    105
6.2.1    2D VISION SYSTEMS TO INCREASE PRODUCTIVITY IN CONVENTIONAL APPLICATIONS    105
TABLE 16    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    105
TABLE 17    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    106
TABLE 18    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    106
TABLE 19    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    106
TABLE 20    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    107
TABLE 21    2D VISION SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    107

6.3    3D VISION SYSTEMS    108
6.3.1    GROWING ADOPTION OF FASTER AND MORE PRECISE INSPECTIONS IN INDUSTRIES TO BOOST GROWTH OF 3D VISION SYSTEMS    108
6.3.2    SINGLE- AND MULTI-CAMERA TRIANGULATION    108
6.3.2.1    Single cameras are mounted on robotic arm    108
6.3.3    STRUCTURED LIGHT    109
6.3.3.1    Structured-light solutions use triangulation and can provide additional accuracy    109
6.3.4    TIME-OF-FLIGHT (TOF)    109
6.3.4.1    Time-of-Flight (ToF) cameras use variety of optical, non-contact methods to measure time    109
6.3.5    STEREO VISION    109
6.3.5.1    Stereo vision provides full field of view for 3D measurement    109
6.3.6    LASER-BASED    110
6.3.6.1    Laser-based vision systems produce series of 3D images    110
TABLE 22    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    110
TABLE 23    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    110
TABLE 24    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    110
TABLE 25    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    111
TABLE 26    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    111
TABLE 27    3D VISION SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    112
7    ROBOTIC VISION MARKET, BY COMPONENT    113
7.1    INTRODUCTION    114
FIGURE 38    ROBOTIC VISION MARKET, BY COMPONENT    114
FIGURE 39    HARDWARE COMPONENT EXPECTED TO HOLD HIGHEST SHARE OF MARKET DURING FORECAST PERIOD    114
TABLE 28    ROBOTIC VISION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    115
TABLE 29    ROBOTIC VISION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    115
7.2    HARDWARE    116
7.2.1    HARDWARE COMPONENTS TO HOLD MAJOR MARKET SHARE IN 2021    116
TABLE 30    HARDWARE: ROBOTIC VISION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    116
TABLE 31    HARDWARE: ROBOTIC VISION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    116
TABLE 32    HARDWARE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    117
TABLE 33    HARDWARE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    117

7.2.2    CAMERAS    118
7.2.2.1    Cameras are key components of robotic vision systems    118
TABLE 34    CAMERAS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    118
TABLE 35    CAMERAS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    118
7.2.2.2    Format    119
7.2.2.2.1    Line scan    119
7.2.2.2.1.1    Line scan type of cameras are used for rapid data capturing    119
7.2.2.2.2    Area scan    119
7.2.2.2.2.1    Area scan cameras capture images in fast-moving scenes    119
TABLE 36    CAMERAS: ROBOTIC VISION MARKET, BY FORMAT, 2018–2021 (USD MILLION)    120
TABLE 37    CAMERAS: ROBOTIC VISION MARKET, BY FORMAT, 2022–2027 (USD MILLION)    120
7.2.2.2.3    CMOS    120
7.2.2.2.3.1    CMOS sensors are based on photoelectric effect    120
7.2.2.2.4    CCD    121
7.2.2.2.4.1    CCDs are capable of creating high-quality images    121
TABLE 38    CAMERAS: ROBOTIC VISION MARKET, BY SENSOR, 2018–2021 (USD MILLION)    121
TABLE 39    CAMERAS: ROBOTIC VISION MARKET, BY SENSOR, 2022–2027 (USD MILLION)    121
7.2.2.3    Imaging spectrum    122
7.2.2.3.1    Utilization of multiple bands for imaging    122
7.2.2.3.2    Visible light    122
7.2.2.3.2.1    Robotic vision systems in visible spectrum have wavelengths between 400 to 700 nm    122
7.2.2.3.3    Visible + IR    122
7.2.2.3.3.1    For visible + IR cameras, NIR LEDs are added for visible + NIR imaging    122
TABLE 40    CAMERAS: ROBOTIC VISION MARKET, BY IMAGING SPECTRUM, 2018–2021 (USD MILLION)    123
TABLE 41    CAMERAS: ROBOTIC VISION MARKET, BY IMAGING SPECTRUM, 2022–2027 (USD MILLION)    123
7.2.3    LIGHTING    123
7.2.3.1    Lighting guides cameras to function properly and precisely    123
7.2.4    OPTICS    124
7.2.4.1    Optical lens defines field of view for vision cameras    124
7.2.5    PROCESSORS AND CONTROLLERS    124
7.2.5.1    Processors perform arithmetic operations on external data sources    124
7.2.5.2    FPGA    125
7.2.5.2.1    Utilization of FPGA in various industries    125
7.2.5.3    DSP    125
7.2.5.3.1    DSPs help fetch multiple data and instructions simultaneously    125
7.2.5.4    Microcontroller and microprocessor    125
7.2.5.4.1    Microcontrollers and microprocessors are specifically designed for real-time applications    125
7.2.5.5    VPU    125
7.2.5.5.1    VPUs fulfill need for faster processing in vision-related applications    125
7.2.6    FRAME GRABBERS    126
7.2.6.1    Frame grabbers process, store, and visualize multiple images simultaneously    126
7.2.7    OTHERS    126
7.3    SOFTWARE    126
7.3.1    SOFTWARE MINIMIZES HUMAN INTERVENTION AND PROVIDES A REAL-TIME SOLUTION    126
TABLE 42    SOFTWARE: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    127
TABLE 43    SOFTWARE: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    127
TABLE 44    SOFTWARE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    127
TABLE 45    SOFTWARE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    127
7.3.2    TRADITIONAL SOFTWARE    128
7.3.2.1    Traditional software provide framework to develop robotic vision applications    128
7.3.3    DEEP LEARNING SOFTWARE    128
7.3.3.1    Deep learning frameworks offer more flexibility for program developers    128
8    ROBOTIC VISION MARKET, BY DEPLOYMENT    129
8.1    INTRODUCTION    130
FIGURE 40    ROBOTIC VISION MARKET, BY DEPLOYMENT    130
FIGURE 41    ROBOTIC GUIDANCE SYSTEMS TO HOLD HIGHEST SHARE OF MARKET IN 2022    130
TABLE 46    ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    131
TABLE 47    ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    131
8.1.1    ROBOTIC GUIDANCE SYSTEMS    131
8.1.1.1    Industrial robots can manipulate and assemble objects of virtually any size and shape with this system    131
TABLE 48    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    132
TABLE 49    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    132
TABLE 50    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    132
TABLE 51    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    133
TABLE 52    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    133
TABLE 53    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    134
TABLE 54    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    134
TABLE 55    ROBOTIC GUIDANCE SYSTEMS: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    135
8.1.2    ROBOTIC CELLS    136
8.1.2.1    Robotic cells to hold largest CAGR during forecast period    136
TABLE 56    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    136
TABLE 57    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    136
TABLE 58    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    137
TABLE 59    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    137
TABLE 60    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    137
TABLE 61    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    138
TABLE 62    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    138
TABLE 63    ROBOTIC CELLS: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    139
9    ROBOTIC VISION MARKET, BY APPLICATION    140
9.1    INTRODUCTION    141
FIGURE 42    ROBOTIC VISION MARKET, BY APPLICATION    141
FIGURE 43    MATERIAL HANDLING APPLICATIONS TO ACCOUNT FOR LARGEST SHARE OF MARKET DURING FORECAST PERIOD    142
TABLE 64    ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    142
TABLE 65    ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    143
9.2    WELDING AND SOLDERING    143
9.2.1    ROBOTIC VISION ASSISTED WELDING ENSURES CONSISTENCY OF WELDING TASKS    143
TABLE 66    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    144
TABLE 67    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    144
TABLE 68    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    145
TABLE 69    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    145
TABLE 70    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    145
TABLE 71    WELDING AND SOLDERING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    145

9.3    MATERIAL HANDLING    146
9.3.1    ROBOTIC VISION SYSTEMS HELP REDUCE HUMAN FATIGUE IN MATERIAL HANDLING PROCESSES    146
TABLE 72    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    147
TABLE 73    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    147
TABLE 74    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    148
TABLE 75    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    148
TABLE 76    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    148
TABLE 77    MATERIAL HANDLING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    148
9.4    PACKAGING AND PALLETIZING    149
9.4.1    FOOD & BEVERAGES INDUSTRY TO DRIVE GROWTH OF PACKAGING APPLICATIONS IN VISION ROBOTICS    149
TABLE 78    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    150
TABLE 79    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    150
TABLE 80    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    151
TABLE 81    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    151
TABLE 82    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    151
TABLE 83    PACKAGING AND PALLETIZING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    151
9.5    PAINTING    152
9.5.1    ROBOTIC VISION SYSTEMS IN PAINTING AND COATING APPLICATIONS PROVE TO BE COST-EFFECTIVE    152
TABLE 84    PAINTING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    153
TABLE 85    PAINTING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    153
TABLE 86    PAINTING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    153
TABLE 87    PAINTING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    154
TABLE 88    PAINTING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    154
TABLE 89    PAINTING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    154

9.6    ASSEMBLING AND DISASSEMBLING    155
9.6.1    VISION GUIDED ROBOTS ENHANCE PRODUCTIVITY AND INCREASE UPTIME OF ASSEMBLING PROCESSES    155
TABLE 90    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    155
TABLE 91    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    156
TABLE 92    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    156
TABLE 93    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    156
TABLE 94    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    157
TABLE 95    ASSEMBLING AND DISASSEMBLING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    157
9.7    CUTTING, PRESSING, GRINDING, AND DEBURRING    157
9.7.1    ROBOTIC VISION SYSTEMS ELIMINATE RISKS IN CUTTING, PRESSING, GRINDING, AND DEBURRING PROCESSES    157
TABLE 96    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    158
TABLE 97    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    158
TABLE 98    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    159
TABLE 99    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    159
TABLE 100    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    159
TABLE 101    CUTTING, PRESSING, GRINDING, AND DEBURRING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    159
9.8    MEASUREMENT, INSPECTION, AND TESTING    160
9.8.1    ROBOTICS VISION STREAMLINES PROCESSES IN INDUSTRIES WITH PRECISE MEASUREMENT, INSPECTION, AND TESTING    160
TABLE 102    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    160
TABLE 103    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    161
TABLE 104    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    161
TABLE 105    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    161
TABLE 106    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    162
TABLE 107    MEASUREMENT, INSPECTION, AND TESTING: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    162

10    ROBOTIC VISION MARKET, BY INDUSTRY    163
10.1    INTRODUCTION    164
FIGURE 44    ROBOTIC VISION MARKET, BY INDUSTRY    164
FIGURE 45    ROBOTIC VISION MARKET IN FOOD & BEVERAGES INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    165
TABLE 108    ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    165
TABLE 109    ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    166
10.2    AUTOMOTIVE    166
10.2.1    AUTOMATED MANUFACTURING PROCESSES IN AUTOMOTIVE INDUSTRY TO DRIVE GROWTH OF ROBOTIC VISION MARKET    166
TABLE 110    AUTOMOTIVE: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    167
TABLE 111    AUTOMOTIVE: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    167
TABLE 112    AUTOMOTIVE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    168
TABLE 113    AUTOMOTIVE: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    168
TABLE 114    AUTOMOTIVE: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    168
TABLE 115    AUTOMOTIVE: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    168
TABLE 116    AUTOMOTIVE: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    169
TABLE 117    AUTOMOTIVE: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    169
10.3    ELECTRICAL & ELECTRONICS    170
10.3.1    ROBOTIC VISION SYSTEMS FACILITATE MICRO-LEVEL INSPECTION AT HIGH SPEED WITH PRECISION AND ACCURACY    170
TABLE 118    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    170
TABLE 119    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    171
TABLE 120    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    171
TABLE 121    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    171
TABLE 122    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    172
TABLE 123    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    172
TABLE 124    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    172
TABLE 125    ELECTRICAL & ELECTRONICS: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    173

10.4    CHEMICALS, RUBBER, & PLASTICS    173
10.4.1    UTILIZATION OF VISION SYSTEMS FOR HIGH ACCURACY INSPECTION AND MATERIAL HANDLING    173
TABLE 126    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    174
TABLE 127    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    174
TABLE 128    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    174
TABLE 129    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    175
TABLE 130    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    175
TABLE 131    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    175
TABLE 132    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    175
TABLE 133    CHEMICALS, RUBBER, & PLASTICS: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    176
10.5    METALS & MACHINERY    176
10.5.1    ROBOTIC VISION SYSTEMS ENSURE SAFETY IN METAL PROCESSING INDUSTRY    176
TABLE 134    METALS & MACHINERY: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    177
TABLE 135    METALS & MACHINERY: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    177
TABLE 136    METALS & MACHINERY: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    178
TABLE 137    METALS & MACHINERY: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    178
TABLE 138    METALS & MACHINERY: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    178
TABLE 139    METALS & MACHINERY: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    178
TABLE 140    METALS & MACHINERY: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    179
TABLE 141    METALS & MACHINERY: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    179
10.6    FOOD & BEVERAGES    180
10.6.1    INCREASING FOOD STANDARDS TO PROPEL GROWTH OF ROBOTICS VISION    180
TABLE 142    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    180
TABLE 143    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    181
TABLE 144    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    181
TABLE 145    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    181
TABLE 146    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    182
TABLE 147    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    182
TABLE 148    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    182
TABLE 149    FOOD & BEVERAGES: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    182
10.7    PRECISION ENGINEERING & OPTICS    183
10.7.1    GROWING REQUIREMENT FOR SUPPLY OF PRECISION ENGINEERED COMPONENTS TO MAJOR INDUSTRIES    183
TABLE 150    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    184
TABLE 151    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    184
TABLE 152    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    184
TABLE 153    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    185
TABLE 154    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    185
TABLE 155    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027(USD MILLION)    185
TABLE 156    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    185
TABLE 157    PRECISION ENGINEERING & OPTICS: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    186
10.8    PHARMACEUTICALS & COSMETICS    186
10.8.1    CRUCIAL INSPECTION TASKS IN PHARMACEUTICAL PLANTS TO BOOST DEMAND FOR ROBOTICS VISION    186
TABLE 158    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    187
TABLE 159    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    187
TABLE 160    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    188
TABLE 161    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    188
TABLE 162    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    188
TABLE 163    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    188
TABLE 164    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    189
TABLE 165    PHARMACEUTICALS & COSMETICS: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    189

10.9    OTHERS    190
TABLE 166    OTHERS: ROBOTIC VISION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)    190
TABLE 167    OTHERS: ROBOTIC VISION MARKET, BY APPLICATION, 2022–2027 (USD MILLION)    190
TABLE 168    OTHERS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)    191
TABLE 169    OTHERS: ROBOTIC VISION MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)    191
TABLE 170    OTHERS: ROBOTIC VISION MARKET, BY TYPE, 2018–2021 (USD MILLION)    191
TABLE 171    OTHERS: ROBOTIC VISION MARKET, BY TYPE, 2022–2027 (USD MILLION)    191
TABLE 172    OTHERS: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    192
TABLE 173    OTHERS: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    192
11    ROBOTIC VISION MARKET, BY DETECTION ALGORITHM    193
11.1    INTRODUCTION    193
FIGURE 46    ROBOTIC VISION MARKET, BY DETECTION ALGORITHM    193
11.2    CONTOUR-BASED    194
11.3    CORRELATION-BASED    194
11.4    FEATURE EXTRACTION    195
11.5    CLOUD OF POINTS    195
12    GEOGRAPHIC ANALYSIS    196
12.1    INTRODUCTION    197
FIGURE 47    ROBOTIC VISION MARKET, BY GEOGRAPHY    197
FIGURE 48    ROBOTIC VISION MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    198
TABLE 174    ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    198
TABLE 175    ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    199
12.2    NORTH AMERICA    199
FIGURE 49    NORTH AMERICA: ROBOTIC VISION MARKET SNAPSHOT    200
FIGURE 50    US TO DOMINATE MARKET IN NORTH AMERICA THROUGHOUT FORECAST PERIOD    201
TABLE 176    NORTH AMERICA: ROBOTIC VISION MARKET, BY COUNTRY, 2018–2021 (USD MILLION)    201
TABLE 177    NORTH AMERICA: ROBOTIC VISION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)    201
TABLE 178    NORTH AMERICA: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    202
TABLE 179    NORTH AMERICA: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    202
12.2.1    US    203
12.2.1.1    US to hold largest share of robotic vision market in North America in 2021    203

12.2.2    CANADA    203
12.2.2.1    Increase in government funding is estimated to drive growth of robotic vision market    203
12.2.3    MEXICO    204
12.2.3.1    Mexico is growing into major manufacturing hub in North America    204
12.3    EUROPE    204
FIGURE 51    EUROPE: ROBOTIC VISION MARKET SNAPSHOT    205
FIGURE 52    GERMANY TO DOMINATE MARKET IN EUROPE THROUGHOUT FORECAST PERIOD    206
TABLE 180    EUROPE: ROBOTIC VISION MARKET, BY COUNTRY, 2018–2021 (USD MILLION)    206
TABLE 181    EUROPE: ROBOTIC VISION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)    206
TABLE 182    EUROPE: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    207
TABLE 183    EUROPE: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    207
12.3.1    GERMANY    208
12.3.1.1    Increase in use of robotic vision in several manufacturing sectors in Germany    208
12.3.2    UK    208
12.3.2.1    Rising adoption of robotic vision in automotive industry    208
12.3.3    FRANCE    208
12.3.3.1    Industrial modernization to provide opportunities for deployment of vision systems    208
12.3.4    ITALY    209
12.3.4.1    Italy is expected to register second-largest CAGR in robotic vision market in Europe    209
12.3.5    SPAIN    209
12.3.5.1    Increasing focus of manufacturers on automation necessitates use of robotic vision    209
12.3.6    REST OF EUROPE (ROE)    210
12.4    ASIA PACIFIC    210
FIGURE 53    ASIA PACIFIC: ROBOTIC VISION MARKET SNAPSHOT    211
FIGURE 54    CHINA TO DOMINATE MARKET IN ASIA PACIFIC THROUGHOUT FORECAST PERIOD    212
TABLE 184    ASIA PACIFIC: ROBOTIC VISION MARKET, BY COUNTRY, 2018–2021 (USD MILLION)    212
TABLE 185    ASIA PACIFIC: ROBOTIC VISION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)    212
TABLE 186    ASIA PACIFIC: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    213
TABLE 187    ASIA PACIFIC: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    213
12.4.1    CHINA    214
12.4.1.1    China is largest market for industrial robots    214

12.4.2    JAPAN    214
12.4.2.1    Manufacturers in Japan have been early adopters of vision systems    214
12.4.3    SOUTH KOREA    215
12.4.3.1    Rising demand for quality control from various industries is driving demand for vision systems    215
12.4.4    TAIWAN    215
12.4.4.1    Taiwan has world’s largest contract manufacturing hub for electronics    215
12.4.5    INDIA    216
12.4.5.1    Government initiatives to drive market for vision systems    216
12.4.6    REST OF ASIA PACIFIC    216"
"12.5    ROW    216
FIGURE 55    MIDDLE EAST & AFRICA TO DOMINATE MARKET IN ROW THROUGHOUT FORECAST PERIOD    217
TABLE 188    ROW: ROBOTIC VISION MARKET, BY REGION, 2018–2021 (USD MILLION)    217
TABLE 189    ROW: ROBOTIC VISION MARKET, BY REGION, 2022–2027 (USD MILLION)    217
TABLE 190    ROW: ROBOTIC VISION MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)    218
TABLE 191    ROW: ROBOTIC VISION MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)    218
12.5.1    MIDDLE EAST & AFRICA    219
12.5.1.1    Rising adoption of robotic vision systems in plastic and food & beverages industry    219
12.5.2    SOUTH AMERICA    219
12.5.2.1    Increasing installation of robotic vision systems in various manufacturing plants    219
13    COMPETITIVE LANDSCAPE    220
13.1    INTRODUCTION    220
TABLE 192    KEY DEVELOPMENTS IN ROBOTIC VISION MARKET (2019–2022)    220
13.2    REVENUE ANALYSIS OF TOP FIVE COMPANIES    223
FIGURE 56    ROBOTIC VISION MARKET: REVENUE ANALYSIS (2020)    223
13.3    MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2021    224
TABLE 193    ROBOTIC VISION MARKET: DEGREE OF COMPETITION    224
13.4    COMPANY EVALUATION QUADRANT, 2021    226
13.4.1    STAR    226
13.4.2    EMERGING LEADER    226
13.4.3    PERVASIVE    226
13.4.4    PARTICIPANT    226
FIGURE 57    ROBOTIC VISION MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021    227
13.5    SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2021    228
13.5.1    PROGRESSIVE COMPANY    228
13.5.2    RESPONSIVE COMPANY    228
13.5.3    DYNAMIC COMPANY    228
13.5.4    STARTING BLOCK    228
FIGURE 58    ROBOTIC VISION MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021    229
13.6    ROBOTIC VISION MARKET: COMPETITIVE BENCHMARKING    230
TABLE 194    ROBOTIC VISION MARKET: DETAILED LIST OF KEY START-UPS/SMES    230
TABLE 195    ROBOTIC VISION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES    231
13.6.1    ROBOTIC VISION MARKET: COMPANY FOOTPRINT    232
TABLE 196    COMPANY TYPE FOOTPRINT    232
TABLE 197    COMPANY INDUSTRY FOOTPRINT    233
TABLE 198    COMPANY REGION FOOTPRINT    234
TABLE 199    COMPANY FOOTPRINT    235
13.7    COMPETITIVE SCENARIO AND TRENDS    236
13.7.1    PRODUCT LAUNCHES    236
TABLE 200    ROBOTIC VISION MARKET: PRODUCT LAUNCHES, FEBRUARY 2019 – MARCH 2022    236
13.7.2    DEALS    244
TABLE 201    ROBOTIC VISION MARKET: DEALS, JANUARY 2019 – FEBRUARY 2022    244
13.7.3    OTHERS    248
TABLE 202    ROBOTIC VISION MARKET: OTHERS, JUNE 2020 – FEBRUARY 2022    248
14    COMPANY PROFILES    250
14.1    KEY PLAYERS    250
(Business Overview, Products, Product launches, Deals, Recent Developments, MnM View)*
14.1.1    COGNEX CORPORATION    250
TABLE 203    COGNEX CORPORATION: BUSINESS OVERVIEW    250
FIGURE 59    COGNEX CORPORATION: COMPANY SNAPSHOT    251
TABLE 204    COGNEX CORPORATION: PRODUCT OFFERING    251
TABLE 205    COGNEX CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS    252
14.1.2    BASLER AG    254
TABLE 206    BASLER AG: BUSINESS OVERVIEW    254
FIGURE 60    BASLER AG: COMPANY SNAPSHOT    255
TABLE 207    BASLER AG: PRODUCT OFFERINGS    255
TABLE 208    BASLER AG: PRODUCT LAUNCHES AND DEVELOPMENTS    257
14.1.3    OMRON CORPORATION    261
TABLE 209    OMRON CORPORATION: BUSINESS OVERVIEW    261
FIGURE 61    OMRON CORPORATION: COMPANY SNAPSHOT    262
TABLE 210    OMRON CORPORATION: PRODUCT OFFERINGS    262
TABLE 211    OMRON CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS    263
14.1.4    NATIONAL INSTRUMENTS CORPORATION    266
TABLE 212    NATIONAL INSTRUMENTS CORPORATION: BUSINESS OVERVIEW    266
FIGURE 62    NATIONAL INSTRUMENTS CORPORATION: COMPANY SNAPSHOT    267
TABLE 213    NATIONAL INSTRUMENTS CORPORATION: PRODUCT OFFERINGS    267

14.1.5    KEYENCE CORPORATION    271
TABLE 214    KEYENCE CORPORATION: BUSINESS OVERVIEW    271
FIGURE 63    KEYENCE CORPORATION: COMPANY SNAPSHOT    272
TABLE 215    KEYENCE CORPORATION: PRODUCT OFFERINGS    272
TABLE 216    KEYENCE CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS    273
14.1.6    TELEDYNE DALSA    275
TABLE 217    TELEDYNE DALSA: BUSINESS OVERVIEW    275
FIGURE 64    TELEDYNE DALSA: COMPANY SNAPSHOT    276
TABLE 218    TELEDYNE DALSA: PRODUCT OFFERING    276
TABLE 219    TELEDYNE DALSA: PRODUCT LAUNCHES AND DEVELOPMENTS    278
14.1.7    SICK AG    280
TABLE 220    SICK AG: BUSINESS OVERVIEW    280
FIGURE 65    SICK AG: COMPANY SNAPSHOT    281
TABLE 221    SICK AG: PRODUCT OFFERING    281
TABLE 222    SICK AG: PRODUCT LAUNCHES AND DEVELOPMENTS    282
14.1.8    TORDIVEL AS    284
TABLE 223    TORDIVEL AS: BUSINESS OVERVIEW    284
TABLE 224    TORDIVEL AS: PRODUCT OFFERING    284
14.1.9    HEXAGON AB    286
TABLE 225    HEXAGON AB: BUSINESS OVERVIEW    286
FIGURE 66    HEXAGON AB: COMPANY SNAPSHOT    287
TABLE 226    HEXAGON AB: PRODUCT OFFERINGS    287
14.1.10    ADVANTECH    289
TABLE 227    ADVANTECH: BUSINESS OVERVIEW    289
FIGURE 67    ADVANTECH: COMPANY SNAPSHOT    290
TABLE 228    ADVANTECH: PRODUCT OFFERINGS    290
TABLE 229    ADVANTECH: PRODUCT LAUNCHES AND DEVELOPMENTS    291
14.1.11    YASKAWA AMERICA, INC.    293
TABLE 230    YASKAWA AMERICA, INC.: BUSINESS OVERVIEW    293
FIGURE 68    YASKAWA AMERICA, INC.: COMPANY SNAPSHOT    294
TABLE 231    YASKAWA AMERICA, INC.: PRODUCT OFFERINGS    294
14.1.12    ISRA VISION    295
TABLE 232    ISRA VISION: BUSINESS OVERVIEW    295
FIGURE 69    ISRA VISION: COMPANY SNAPSHOT    296
TABLE 233    ISRA VISION: PRODUCT OFFERINGS    296
TABLE 234    ISRA VISION: PRODUCT LAUNCHES AND DEVELOPMENTS    297
14.1.13    FANUC CORPORATION    299
TABLE 235    FANUC CORPORATION: BUSINESS OVERVIEW    299
FIGURE 70    FANUC CORPORATION: COMPANY SNAPSHOT    300
TABLE 236    FANUC CORPORATION: PRODUCT OFFERINGS    300
TABLE 237    FANUC CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS    301

14.1.14    ABB    302
TABLE 238    ABB: BUSINESS OVERVIEW    302
FIGURE 71    ABB: COMPANY SNAPSHOT    303
TABLE 239    ABB: PRODUCT OFFERINGS    303
14.1.15    QUALCOMM INCORPORATED    305
TABLE 240    QUALCOMM INCORPORATED: BUSINESS OVERVIEW    305
FIGURE 72    QUALCOMM INCORPORATED: COMPANY SNAPSHOT    306
TABLE 241    QUALCOMM INCORPORATED: PRODUCT OFFERINGS    306
TABLE 242    QUALCOMM INCORPORATED: PRODUCT LAUNCHES AND DEVELOPMENTS    307
*Details on Business Overview, Products, Recent Developments, Product Launches, Deals, MnM View might not be captured in case of unlisted companies.
14.2    OTHER PLAYERS    308
14.2.1    LMI TECHNOLOGIES INC.    308
14.2.2    INDUSTRIAL VISION SYSTEMS    309
14.2.3    VITRONIC    310
14.2.4    MATROX ELECTRONIC SYSTEMS LTD.    311
14.2.5    ADLINK TECHNOLOGY INC.    312
14.2.6    ZIVID    313
14.2.7    STEMMER IMAGING LTD.    314
14.2.8    MVTEC SOFTWARE GMBH    315
14.2.9    WENGLOR SENSORIC GMBH    316
14.2.10    AQUIFI    317
14.2.11    IDS IMAGING DEVELOPMENT SYSTEMS GMBH    318
15    ADJACENT & RELATED MARKETS    319
15.1    INTRODUCTION    319
15.2    LIMITATIONS    319
15.3    COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD    319
15.3.1    INTRODUCTION    319
15.3.2    UP TO 5 KG    320
15.3.2.1    Cobots with payload capacity below 5 kg are inherently safe    320
TABLE 243    COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY UP TO 5 KG    320
TABLE 244    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    321
TABLE 245    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2021–2027 (USD MILLION)    321
TABLE 246    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2020 (UNITS)    322
TABLE 247    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2021–2027 (UNITS)    322
TABLE 248    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)    323
TABLE 249    PAYLOAD UP TO 5 KG: COLLABORATIVE ROBOT MARKET, BY INDUSTRY, 2021–2027 (USD MILLION)    323

15.3.3    5–10 KG    324
15.3.3.1    Most cobots with 5–10 kg payload capacity can be equipped with in-built force sensors    324
TABLE 250    COMPANIES OFFERING COBOTS WITH 5–10 KG PAYLOAD CAPACITY    325
TABLE 251    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    325
TABLE 252    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2021–2027 (USD MILLION)    326
TABLE 253    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2020 (UNITS)    326
TABLE 254    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2021–2027 (UNITS)    327
TABLE 255    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY INDUSTRY,
2017–2020 (USD MILLION)    327
TABLE 256    5–10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET, BY INDUSTRY,
2021–2027 (USD MILLION)    328
15.3.4    MORE THAN 10 KG    329
15.3.4.1    Advances in robotic hardware enabling manufacturers to develop collaborative robots with a payload capacity above 10 kg    329
TABLE 257    COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY MORE THAN 10 KG    329
TABLE 258    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    330
TABLE 259    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY APPLICATION, 2021–2027 (USD MILLION)    330
TABLE 260    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY APPLICATION, 2017–2020 (UNITS)    330
TABLE 261    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY APPLICATION, 2021–2027 (UNITS)    331
TABLE 262    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY INDUSTRY, 2017–2020 (USD MILLION)    331
TABLE 263    MORE THAN 10 KG PAYLOAD: COLLABORATIVE ROBOT MARKET,
BY INDUSTRY, 2021–2027 (USD MILLION)    332
16    APPENDIX    334
16.1    INSIGHTS OF INDUSTRY EXPERTS    334
16.2    DISCUSSION GUIDE    335
16.3    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    338
16.4    AVAILABLE CUSTOMIZATIONS    340
16.5    RELATED REPORTS    340
16.6    AUTHOR DETAILS    341"