The global machine vision and vision guided robotics market has witnessed significant growth in recent years. According to a report, the market size was valued at USD 17,223.64 million in 2022 and is expected to reach USD 31,307.57 million by 2028, with a CAGR of 10.47%. This growth can be attributed to the advancements in machine vision technology, such as smart cameras and vision guided robotics, which have expanded the application scope of machine vision in various sectors.
Machine vision is an automated technology that captures images and processes them on a computer for inspection and reporting. It has become increasingly powerful and user-friendly, contributing to its widespread adoption. The market analysis takes into account both industrial and non-industrial sectors, examining the value chain, trade regulations, recent developments, opportunities, and technological innovations.
The report also provides an overview of the competitive landscape, highlighting key players in the industry, including Cognex Corp., Adept Technology Inc., Basler AG, Allied Vision Technologies GmbH, and MVTec Software GmbH. It explores market share, concentration index, mergers and acquisitions, emerging market trends, and the impact of COVID-19 and regional conflicts.
The market is segmented based on product, application, and region. The products covered include PC-based machine vision systems, smart camera-based machine vision systems, and vision guided robotics. These technologies find application in various industries, including industrial and non-industrial sectors.
The report further analyzes the market across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. It provides insights into regional trends, market dynamics, and growth opportunities in each region.
In conclusion, the machine vision and vision guided robotics market is experiencing significant growth globally. The report serves as a comprehensive resource for businesses seeking to understand the current market landscape, identify growth opportunities, and make informed decisions. With its analysis of various aspects, market competition, growth factors, and best practices, the report equips businesses with valuable insights to stay ahead in the competitive market.
– [Cognex Corp.](https://www.cognex.com/)
– [Adept Technology Inc.](https://www.adept.com/)
– [Basler AG](https://www.baslerweb.com/)
– [Allied Vision Technologies GmbH](https://www.alliedvision.com/)
– [MVTec Software GmbH](https://www.mvtec.com/)
Keywords: machine vision, vision guided robotics, market analysis, competitive landscape, growth factors