4100.00 Dollar US$ Global Machine Vision System and Vision Guided Robots Market Pune
- Location: Pune, Pune, Maharashtra, India
Global Machine Vision System and Vision Guided Robots Market was valued at US$ 4.6 Bn in 2018 and is expected to reach US$ 9.3 Bn by 2026, at a CAGR of 12.6 % during a forecast period.
Machine vision is an automated technology where images are taken and moved to the PC and handled thereafter, for inspection and reporting of the managed results. These systems have progressively become more powerful while at the same time it is easy to use. The report covers potential of machine vision hardware and software involved in vision systems, i.e. found in smart cameras and compact vision systems. The technological advancement fueled by investors as well as companies in this area is a major driving factor for the global growth of machine vision market. The report also focuses on the fast-growing module markets including cameras, optics, and vision software.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Vision guided robots (VGR) refers to the incorporation of machine vision system with robotic machineries which can be showed by the controller to implement certain tasks such as picking of parts, packaging of food products and removal of uninvited products in various industries such as automation, food & packaging, semiconductors, electronics and few others. The increase of industrialization in both developing and developed countries is acting as a driving factor for the growth of vision guided robotics market. Large scale automobile manufacturing are now accepting these systems in order to improve their productivity and decrease the complexity, production cost and human errors.
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