Asia Pacific Vision Guided Robotics Software Market to 2025
No of Pages: 209 Published: FEB 2019 Single User PDF: US$ 3000
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Asia Pacific Vision Guided Robotics Software Market to 2025
Introduction
The APAC vision guided robotics software market accounted for US$ 499.9 Mn in 2018 and is expected to grow at a CAGR of 16.4% over the forecast period 20192027, to account for US$ 1,934.9 Mn in 2027. Factors including growing acceptance of vision guided robots are significantly is driving the vision guided robotics software market. However, lack of skilled operator in the developing countries across region is impeding the market growth. Mounting demand of technological proficiencies of 3D machine vision is opportunistic for the growth of the market. The major manufacturing companies in several countries across the globe are adopting smart technologies heavily with an objective to reduce day to day challenges. To meet the boosting requirement of the customers the industries are focusing on advanced imaging technology to make the work easier and simple. Recently the robotic system is incorporated with 3D vision technology which provides more features as compared to 2D vision technology. The introduction of machine vision software into 3D vision-guided technology robots is expected to increase the skills of the automated system during random bin picking, packaging heavy materials and assembling different parts of machinery among others.
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Asia Pacific Vision Guided Robotics Software Market to 2025
The new capabilities of 3D vision-guided robots are they can detect the overall orientation of an object which permits the end user to make an intelligent and real-time decision associated with the automation system depending upon the input of available visual data. The significant advantage of 3D vision technology is that this technology can be used on any surface and environment, enabling the robot to distinguish randomly placed objects and place it on the desired place. This procedure is known as bin picking or pick and place. One of the most prominent applications of robots integrated with 3D vision.
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Asia Pacific Vision Guided Robotics Software Market to 2025 Companies Mentioned 1. ABB Ltd. 2. Fanuc Corporation 3. Robotic Vision Technologies, Inc. 4. iRobot Corporation 5. MVTec Software GmbH 6. Pick-it N.V. 7. Recognition Robotics Inc. 8. Vision Nerf S.A. 9. Nachi Robotic Systems, Inc. 10. KUKA Robot Group
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Asia Pacific Vision Guided Robotics Software Market to 2025
The APAC vision guided robotics software market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the vision guided robotics software market further. For instance, APAC owing to huge demand from various industries in the region as well as internationally. The rise in demand for advanced robotic solutions in the Asia Pacific accounted for the significant rise in the automobile industry, electrical or electronics industry, and metal industry among others. As per the International Federation of Robotics (IFR), the robot manufacturer present in Japan delivered around 56% of the global supply of industrial robots in 2017. Similarly, the robot sales in Japan is increased to 45,566 units, i.e. increased by about 18% in the year 2017 as compared to the previous year. The APAC region is anticipated to be the fastest growing during the forecast period globally, due to the enormous demand for Chinese, Korean and Japanese robotic solutions from different parts of the world. These initiative provide various benefits to the APAC vision guided robotics software based companies located in the region thus, increasing the growth of vision guided robotics software markets. This initiative provides multiple benefits to the companies present in this region and thus increasing the growth of vision guided robotics software market in the region.
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