Vision-guided robotics software is experiencing significant demand across applications such as arc welding, cutting, assembly, navigation, palletizing, machine tending, random bin picking, and collaborative robots. The demand for automation across industries is continually rising in developed and developing regions. With technological advancements in robotics, the customization of products for specific applications to enhance work flexibility among enterprises is increasing. From a safety point of view, these machines are highly reliable, allowing the company to increase its productivity and, ultimately, competitiveness in the market. For instance, automobile manufacturers are actively focusing on integrating vision-equipped robotic systems to safeguard the correct placement of vehicle closures such as hoods, windshields, doors, and trunk lids. The robots are installed across the production line to pick up and place everything accurately to install car parts from roof panels to windshields and load them onto the car body’s framework. The vision system made it easy for the system designers to deploy cars accurately and precisely. Manufacturers are inclining toward 3D vision technology to simplify operations. For instance, Bluewrist, Inc. designed a 3D technology using its EzRG advanced robotic guidance software and Gocator 2300 series 3D profile sensors from LMI Technologies to replace conventional industrial cameras to monitor a robotic windshield insertion system.
Similarly, the vision-guided robots are integrated with machine vision software to suit applications such as pick and place, bin picking, welding, assembling, racking, dispensing, and product sorting. Advancements in vision-guided robotics software are continuously changing production procedures by utilizing accurate, highly flexible, and precise techniques, reducing production costs and complexity. Due to these facts, manufacturers are integrating vision guided robots with software to enhance the robot’s capabilities. Owing to the benefits of vision technology paired with machine vision software, end users are increasingly adopting the latest technology, boosting the global vision-guided robotics software market growth.
US Dominates Vision Guided Robotics Software Market in North America
The US is a developed country in terms of technology, standard of living, and infrastructure. The US is one of the largest consumers of industrial robots, and the robotics industry in the North America region is flourishing. The demand for robotics in the industrial and commercial sectors will grow strongly. Most of the world’s largest technology companies have favored the high economic growth that drives the vision-guided robotics software market in the US.
The US is a major global leader in the vision guided robotics software market. Most demand for vision-guided robotics software comes from the automobile and electronics manufacturing industries. Also, the US has highly developed markets with deeply embedded industrial bases and advanced robot vision technology. In addition, the increasing adoption of robots in US factories is driving the market. The technologically advanced robots are available at low prices and are capable of performing multiple tasks, subsequently driving the demand for vision guided robotics software. This scope facilitates the end users to adopt software, thereby projecting positive growth in the vision guided robotic software market.
Segmental Overview
Based on type, the vision guided robotic software market is segmented into mobile robot and fixed robot. The fixed robot segment recorded a larger vision guided robotic software market share in 2022, whereas the mobile robot segment is anticipated to record a higher CAGR during the forecast period. Based on technology, the vision guided robotic software market is segmented into 2D vision guided and 3D vision guided. The 2D vision guided segment recorded a larger vision guided robotic software market share in 2022. The 3D vision guided segment is anticipated to record a higher CAGR during the forecast period. Based on application, the vision guided robotic software market is segmented into arc welding, assembly, cutting, palletizing & machine tending, navigation, random bin picking, collaborative robots, and others. The collaborative robots segment held the largest vision guided robotics software market share in 2022. The random bin picking segment is anticipated to record the highest CAGR during the forecast period. Based on industry vertical, the vision guided robotic software market is segmented into automotive, electrical & electronics, aerospace, healthcare, transportation & logistics, food & beverages, and others. The electrical & electronics segment held the largest vision guided robotic software market share in 2022, whereas the automotive segment is anticipated to record the highest CAGR during the forecast period.
Market Analysis: Competitive Landscape and Key Developments
ABB Ltd, Fanuc Corp, Cognex Corp, OMRON Corp, MVTec Software GmbH, Pick-it N.V., Ready Robotics Corporation, Siemens AG, Teradyne Inc, and Robotic Vision Technologies (RVT), LLC are among the key vision guided robotic software market players that are profiled in the report. Several other essential vision guided robotic software market players were also analyzed for a holistic view of the market and its ecosystem. The market report provides detailed market insights to help major players strategize their growth.
- In December 2023, Mecalux (a global provider of automated warehouse solutions, warehouse management systems, and stacker cranes) and Siemens combined their expertise and experience in industrial automation technologies. The partnership will optimize picking tasks in warehouses and logistics centers with a new artificial intelligence solution. The solution is based on Siemens Xcelerator, the open digital business platform with a Software and IoT-enabled hardware portfolio, an ecosystem of partners, and a marketplace.
- In November 2023, ABB Robotics extended the scope of its free Wizard Easy Programming software to include its six-axis industrial robots powered by an OmniCore controller and its collaborative robots. This makes ABB the first robot manufacturer to offer an easy-to-use, no-code programming tool for cobots and six-axis industrial robots, lowering barriers to automation for new users and offering ecosystem partners and integrators an efficient tool to support their customers.