Following is the breakdown of primary respondents: Both the top-down and bottom-up approaches have been used to estimate and validate the size of the overall robotic vision market and the market based on segments. Traditional forms of quality control of products are entirely dependent on human inspection. - 193) 11.1 INTRODUCTION FIGURE 46 ROBOTIC VISION MARKET, BY DETECTION ALGORITHM 11.2 CONTOUR-BASED 11.3 CORRELATION-BASED 11.4 FEATURE EXTRACTION 11.5 CLOUD OF POINTS, 12 GEOGRAPHIC ANALYSIS (Page No. Both top-down and bottom-up approaches have been employed to estimate the complete market size. - 220) 13.1 INTRODUCTION TABLE 192 KEY DEVELOPMENTS IN ROBOTIC VISION MARKET (20192022) 13.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES FIGURE 56 ROBOTIC VISION MARKET: REVENUE ANALYSIS (2020) 13.3 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2021 TABLE 193 ROBOTIC VISION MARKET: DEGREE OF COMPETITION 13.4 COMPANY EVALUATION QUADRANT, 2021 13.4.1 STAR 13.4.2 EMERGING LEADER 13.4.3 PERVASIVE 13.4.4 PARTICIPANT FIGURE 57 ROBOTIC VISION MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021 13.5 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2021 13.5.1 PROGRESSIVE COMPANY 13.5.2 RESPONSIVE COMPANY 13.5.3 DYNAMIC COMPANY 13.5.4 STARTING BLOCK FIGURE 58 ROBOTIC VISION MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021 13.6 ROBOTIC VISION MARKET: COMPETITIVE BENCHMARKING TABLE 194 ROBOTIC VISION MARKET: DETAILED LIST OF KEY START-UPS/SMES TABLE 195 ROBOTIC VISION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 13.6.1 ROBOTIC VISION MARKET: COMPANY FOOTPRINT TABLE 196 COMPANY TYPE FOOTPRINT TABLE 197 COMPANY INDUSTRY FOOTPRINT TABLE 198 COMPANY REGION FOOTPRINT TABLE 199 COMPANY FOOTPRINT 13.7 COMPETITIVE SCENARIO AND TRENDS 13.7.1 PRODUCT LAUNCHES TABLE 200 ROBOTIC VISION MARKET: PRODUCT LAUNCHES, FEBRUARY 2019 MARCH 2022 13.7.2 DEALS TABLE 201 ROBOTIC VISION MARKET: DEALS, JANUARY 2019 FEBRUARY 2022 13.7.3 OTHERS TABLE 202 ROBOTIC VISION MARKET: OTHERS, JUNE 2020 FEBRUARY 2022, 14 COMPANY PROFILES (Page No. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. They are being increasingly utilized for collaborative robots. In November 2021, Cognex Corporation introduced the In-sight 3D-L4000 embedded vision system featuring 3D laser displacement technology, which allows solving quickly, accurately, and cost-effectively a wide range of inspections on automated production lines. However, human inspection performance is expected to be depreciated during a shift of work due to fatigue and repetition. The rising demand for safety and quality products in industrial sector as well as increasing adoption of vision systems in industrial robotics are the major factors driving the growth of the robotic vision market. This research report segments the robotic vision market based on type, component, deployment, detection algorithm, application, industry, and region. - 334) 16.1 INSIGHTS OF INDUSTRY EXPERTS 16.2 DISCUSSION GUIDE 16.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 16.4 AVAILABLE CUSTOMIZATIONS 16.5 RELATED REPORTS 16.6 AUTHOR DETAILS. The growing utilization of robotic guidance systems has increasingly become commonplace over the years. . Vision systems have revolutionized the process of inspection of electronic components, including semiconductors. The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research processes. - 44) 2.1 RESEARCH DATA FIGURE 2 ROBOTIC VISION MARKET: RESEARCH DESIGN 2.1.1 SECONDARY AND PRIMARY RESEARCH 2.1.2 SECONDARY DATA 2.1.2.1 Major secondary sources 2.1.2.2 Key data from secondary sources 2.1.3 PRIMARY DATA 2.1.3.1 Primary interviews with experts 2.1.3.2 Key data from primary sources 2.1.3.3 Key industry insights 2.1.3.4 Breakdown of primaries 2.2 MARKET SIZE ESTIMATION FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF ROBOTIC VISION MARKET SIZE 2.2.1 BOTTOM-UP APPROACH 2.2.1.1 Approach for arriving at market size by bottom-up analysis (demand side) FIGURE 4 ROBOTIC VISION MARKET: BOTTOM-UP APPROACH 2.2.2 TOP-DOWN APPROACH 2.2.2.1 Approach for capturing market size by using top-down analysis (supply side) FIGURE 5 ROBOTIC VISION MARKET: TOP-DOWN APPROACH 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION FIGURE 6 ROBOTIC VISION MARKET: DATA TRIANGULATION 2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 2.4.1 ASSUMPTIONS, 3 EXECUTIVE SUMMARY (Page No. 2022 MarketsandMarkets Research Private Ltd. All rights reserved, Published Date: May2022 | Report Code: SE 4176, Communication and Connectivity Technology, Coatings Adhesives Sealants and Elastomers, Automotive Electronics and Electrical Equipment, Construction Technology and Sustainability, Discovering the Emergence of Eye Imaging Technology that Enhances Robotic Vision, New Machine Vision Algorithm Vastly Improves Robotic Object Recognition, Eye Imaging Technology is Enhancing Robotic Vision, Robotic Assistance Devices to Exhibit and Present Its Vision of Autonomous Remote Services at ISC West, Havells Strengthens Make in India Vision Showcases Indias most-advanced robotic and Industry 4.0 standard manufacturing plant, Door locking systems manufacturer turns to Delta for machine vision robotic solution, Researchers from Technical University of Munich and Johns Hopkins University Introduce A Vision-Based Robotic System for 3D Ultrasound Imaging, MedSmart Group Inc. (MSGP) to Acquire Autonomous and Robotic Systems Leader Milanion for New Vision and, TransEnterix Receives CE Mark for Machine Vision System in Robotic Surgery, TransEnterix Ushers in New Era of Robotic Surgery with First Usage of Machine Vision Capabilities, Analytical and Scientific Instrumentation, Single-and Multi-Camera Triangulation Based. To describe and forecast the robotic vision market, in terms of value, based on type, component, deployment, detection algorithm, application, and industry. To know about the assumptions considered for the study, download the pdf brochure. - 196) 12.1 INTRODUCTION FIGURE 47 ROBOTIC VISION MARKET, BY GEOGRAPHY FIGURE 48 ROBOTIC VISION MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD TABLE 174 ROBOTIC VISION MARKET, BY REGION, 20182021 (USD MILLION) TABLE 175 ROBOTIC VISION MARKET, BY REGION, 20222027 (USD MILLION) 12.2 NORTH AMERICA FIGURE 49 NORTH AMERICA: ROBOTIC VISION MARKET SNAPSHOT FIGURE 50 US TO DOMINATE MARKET IN NORTH AMERICA THROUGHOUT FORECAST PERIOD TABLE 176 NORTH AMERICA: ROBOTIC VISION MARKET, BY COUNTRY, 20182021 (USD MILLION) TABLE 177 NORTH AMERICA: ROBOTIC VISION MARKET, BY COUNTRY, 20222027 (USD MILLION) TABLE 178 NORTH AMERICA: ROBOTIC VISION MARKET, BY INDUSTRY, 20182021 (USD MILLION) TABLE 179 NORTH AMERICA: ROBOTIC VISION MARKET, BY INDUSTRY, 20222027 (USD MILLION) 12.2.1 US 12.2.1.1 US to hold largest share of robotic vision market in North America in 2021 12.2.2 CANADA 12.2.2.1 Increase in government funding is estimated to drive growth of robotic vision market 12.2.3 MEXICO 12.2.3.1 Mexico is growing into major manufacturing hub in North America 12.3 EUROPE FIGURE 51 EUROPE: ROBOTIC VISION MARKET SNAPSHOT FIGURE 52 GERMANY TO DOMINATE MARKET IN EUROPE THROUGHOUT FORECAST PERIOD TABLE 180 EUROPE: ROBOTIC VISION MARKET, BY COUNTRY, 20182021 (USD MILLION) TABLE 181 EUROPE: ROBOTIC VISION MARKET, BY COUNTRY, 20222027 (USD MILLION) TABLE 182 EUROPE: ROBOTIC VISION MARKET, BY INDUSTRY, 20182021 (USD MILLION) TABLE 183 EUROPE: ROBOTIC VISION MARKET, BY INDUSTRY, 20222027 (USD MILLION) 12.3.1 GERMANY 12.3.1.1 Increase in use of robotic vision in several manufacturing sectors in Germany 12.3.2 UK 12.3.2.1 Rising adoption of robotic vision in automotive industry 12.3.3 FRANCE 12.3.3.1 Industrial modernization to provide opportunities for deployment of vision systems 12.3.4 ITALY 12.3.4.1 Italy is expected to register second-largest CAGR in robotic vision market in Europe 12.3.5 SPAIN 12.3.5.1 Increasing focus of manufacturers on automation necessitates use of robotic vision 12.3.6 REST OF EUROPE (ROE) 12.4 ASIA PACIFIC FIGURE 53 ASIA PACIFIC: ROBOTIC VISION MARKET SNAPSHOT FIGURE 54 CHINA TO DOMINATE MARKET IN ASIA PACIFIC THROUGHOUT FORECAST PERIOD TABLE 184 ASIA PACIFIC: ROBOTIC VISION MARKET, BY COUNTRY, 20182021 (USD MILLION) TABLE 185 ASIA PACIFIC: ROBOTIC VISION MARKET, BY COUNTRY, 20222027 (USD MILLION) TABLE 186 ASIA PACIFIC: ROBOTIC VISION MARKET, BY INDUSTRY, 20182021 (USD MILLION) TABLE 187 ASIA PACIFIC: ROBOTIC VISION MARKET, BY INDUSTRY, 20222027 (USD MILLION) 12.4.1 CHINA 12.4.1.1 China is largest market for industrial robots 12.4.2 JAPAN 12.4.2.1 Manufacturers in Japan have been early adopters of vision systems 12.4.3 SOUTH KOREA 12.4.3.1 Rising demand for quality control from various industries is driving demand for vision systems 12.4.4 TAIWAN 12.4.4.1 Taiwan has worlds largest contract manufacturing hub for electronics 12.4.5 INDIA 12.4.5.1 Government initiatives to drive market for vision systems 12.4.6 REST OF ASIA PACIFIC 12.5 ROW FIGURE 55 MIDDLE EAST & AFRICA TO DOMINATE MARKET IN ROW THROUGHOUT FORECAST PERIOD TABLE 188 ROW: ROBOTIC VISION MARKET, BY REGION, 20182021 (USD MILLION) TABLE 189 ROW: ROBOTIC VISION MARKET, BY REGION, 20222027 (USD MILLION) TABLE 190 ROW: ROBOTIC VISION MARKET, BY INDUSTRY, 20182021 (USD MILLION) TABLE 191 ROW: ROBOTIC VISION MARKET, BY INDUSTRY, 20222027 (USD MILLION) 12.5.1 MIDDLE EAST & AFRICA 12.5.1.1 Rising adoption of robotic vision systems in plastic and food & beverages industry 12.5.2 SOUTH AMERICA 12.5.2.1 Increasing installation of robotic vision systems in various manufacturing plants, 13 COMPETITIVE LANDSCAPE (Page No. Global top 2000 strategist rely on us for their growth strategies. APAC dominates the robotic vision market and is expected to hold the largest growth rate of the global robotic vision market during the forecast period. The initial cost of installing robotic vision is also a little higher. Hardware components play a crucial role in robotic vision systems, and they constitute the majority cost. The decline in exports and the disruptions in the supply chain are the major factors contributing to the decline in production. As manufacturing industries are a vital segment of this development, governments worldwide are focusing on this segment. In March 2022, OMRON Corporation launched its B Series GigE Vision cameras. One of the major factors driving the growth of the robotic vision market in the region is the rising demand for quality control from various industries such as automotive and electronics.