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Vision guided robots have found widespread adoption in the domains such as automotive, food & beverages, metal processing, and electrical & electronics sectors. One of the major factors that have led to widespread adoption of robots in the both large and small enterprises is the ability to improve product quality and efficiency while decreasing operational costs significantly. Nevertheless, relatively higher initial investment and limited awareness about robotics technology would limit the market growth.
Vision Guided Robotics is a technology used in the robots as sensors to provide a feedback indication to the robot controller to accurately move to variable target locations. The vision guided robotic systems have an independent operational system which makes them efficient, enhancing quality, while significantly reducing the possibility of human errors and wastage of resources.
Based on the component type, the Vision Guided Robotics market is segmented into Hardware, Software and Services. The vertical covered under the report includes Automobile, Electronics, Food & Beverages, Aerospace & Defense, Pharmaceutical & Medical and Others. Based on country, Vision Guided Robotics market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
Germany and France are the major revenue contributor in the remained the Europe Vision Guided Robotics market. UK and Russia would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Vision Guided Robotics market. Key companies profiled in the report include Omron Corporation, Denso Corporation, Isra Vision AG, Fanuc America Corporation, The Yaskawa Electric Corporation, Basler AG, Cognex Corporation and Allied Vision Technologies.