LAMEA Robotic Vision Market

LAMEA Robotic Vision Market Size, Share & Industry Trends Analysis Report By Component (Hardware and Software), By Application, By Industry, By Type, By Deployment, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9380 Publication Date: May-2022 Number of Pages: 142
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Market Report Description

The Latin America, Middle East and Africa Robotic Vision Market would witness market growth of 12.2% CAGR during the forecast period (2022-2028).

Cobots can use vision systems to accomplish activities including examining, recognizing, calculating, measuring, and scanning barcodes. Multi-operations in one process are made possible by ultra-high-speed imaging and camera quality. Machine learning is also being used in robotics, with collaborative robots being taught new tasks based on data trends. It equips vision robots with advanced search and corrective movement abilities, such as removing overlaps, distortions, and misalignments.

Non-robotic functions can also benefit from vision systems. They can be positioned in high-traffic areas on the manufacturing floor, such as conveyor lines, to help with material quality assurance inspections. The majority of robot vision systems are now employed for the handling of materials and removal. Cobot capability is greatly enhanced by their ability to observe their immediate environment, which aids human workers, businesses, and industries in general. In practice, including vision-guided robotics or cobots with AI vision in the production line makes sense if they are simple to configure and run, and save time and money.

The Dubai Electricity and Water Authority (DEWA) has launched a Robotic Process Automation Learning Programme to train DEWA staff in the technology (RPA). This would improve their contribution to improving DEWA's productivity and efficiency. More than ten training workshops were held, with 24 staff from various DEWA divisions participating. Employees who took part in the training obtained globally recognized RPA credentials.

The Welfare and Activities Sector of the Ministry of Education has begun a spring training for the qualifying tournament "Emirates Skills" and the VEX Robotics World Championship, with 65 kids from various schools in Dubai and the northern regions participating. The training camp will take place from March 28 to March 30, 2017, to prepare consists of two and avoid their flaws, as well as instructing them on continuous learning and evaluating their improvement processes.

Workshops on electronics programming and its function in simplifying commercial transactions and developing websites, as well as programming, designing, installing, and operating robot devices to meet competition challenges, are all on the agenda for the training camp. In addition, she is planning a program to teach students the fundamentals of graphic design and flower design. The growing initiatives of the robotics camps and tournaments improves the interest and the market growth of the robotics vision market.

The Brazil market dominated the LAMEA Robotic Vision Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $70.1 million by 2028. The Argentina market is poised to grow at a CAGR of 12.8% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 11.9% during (2022 - 2028).

Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Material Handling, Packaging & Palletizing, Assembling & Disassembling, Painting, Cutting, Pressing, Grinding, & Deburring, Welding & Soldering, and Measurement, Inspection, & Testing. Based on Industry, the market is segmented into Electrical & Electronics, Metals & Machinery, Precision Engineering & Optics, Automotive, Pharmaceuticals & Cosmetics, Food & Beverages, Chemical, Rubber, & Plastic, and Others. Based on Type, the market is segmented into 2D Vision Systems and 3D Vision Systems. Based on Deployment, the market is segmented into Robotic Guidance Systems and Robotic Cells. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Robotic Vision Market is Predict to reach $3.8 Billion by 2028, at a CAGR of 9.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cognex Corporation, ISRA Vision AG, Basler AG, Omron Corporation, National Instruments Corporation, Teledyne Technologies, Inc. (Teledyne DALSA), Keyence Corporation, FANUC Corporation, Hexagon AB, and Sick AG.

Scope of the Study

Market Segments Covered in the Report:

By Component

  • Hardware
  • Software

By Application

  • Material Handling
  • Packaging & Palletizing
  • Assembling & Disassembling
  • Painting, Cutting, Pressing, Grinding, & Deburring
  • Welding & Soldering
  • Measurement, Inspection, & Testing

By Industry

  • Electrical & Electronics
  • Metals & Machinery
  • Precision Engineering & Optics
  • Automotive
  • Pharmaceuticals & Cosmetics
  • Food & Beverages
  • Chemical, Rubber, & Plastic
  • Others

By Type

  • 2D Vision Systems
  • 3D Vision Systems

By Deployment

  • Robotic Guidance Systems
  • Robotic Cells

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Cognex Corporation
  • ISRA Vision AG
  • Basler AG
  • Omron Corporation
  • National Instruments Corporation
  • Teledyne Technologies, Inc. (Teledyne DALSA)
  • Keyence Corporation
  • FANUC Corporation
  • Hexagon AB
  • Sick AG
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