Asia Pacific's Vision Guided Robotics (VGR) Software Market 2019-2027: Projected to Witness a CAGR of 16.4% - ResearchAndMarkets.com

The "Asia
Pacific Vision Guided Robotics Software Market to 2027 - Regional
Analysis and Forecasts by Robot Type, Technology, Application, and
Vertical" report has been added to ResearchAndMarkets.com's
offering.

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 2019-2027, 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.

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.

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.

On the basis of application, the palletizing & machine tending segment
is leading the vision guided robotics software market. However, the
collaborative robots segment are anticipated to grow at a highest CAGR.
Collaborative robots also known as cobots are planned to physically
interact with human sharing the same workplace. These robots are fully
autonomous or operated by minimum guidance. The collaborative robots are
deployed in industries for various purposes such as machine tending,
packaging and material handling among others since these cobots are
capable of heavy duty as well as light operations. The cobots are highly
flexible, accurate and precise, which makes them attractive in their
respective workspaces.

In addition, these robots are more accessible to reprogram, reconfigure,
and easier to maintain over. Advancement in cloud robotics is expected
to enhance information sharing capability among these collaborative
robots, and ultimately these cobots will be able to act according to
their information library.

The manufacturers such as FANUC Corporation, Kawasaki, Kuka, and Denso
Technologies among others are investing considerable amounts to enhance
the capabilities of collaborative cobots. These factors are expected to
drive the 3D vision guided technology in the coming years, and thus
boosting the market growth for vision guided robotics software market in
the future.

The overall APAC vision guided robotics software market size has been
derived using both primary and secondary source. The research process
begins with an exhaustive secondary research using internal and external
sources to obtain qualitative and quantitative information related to
the APAC vision guided robotics software market. It also provides the
overview and forecast for the vision guided robotics software market
based on all the segmentation provided with respect to APAC region.

Some of the players present in vision guided robotics software market
are ABB Ltd., Fanuc Corporation, Robotic Vision Technologies, Inc.,
iRobot Corporation, MVTec Software GmbH, Pick-it N.V., Recognition
Robotics Inc., Vision Nerf S.A., Nachi Robotic Systems, Inc., and KUKA
Robot Group among others.

Topics Covered

Part 1. Introduction

Part 2. Key Takeaways

Part 3. Research Methodology

Part 4. APAC Vision Guided Robotics Software Market Landscape
4.1
Market Overview
4.2 Ecosystem Analysis
4.3 APAC Pest Analysis

Part 5. APAC Vision Guided Robotics Software Market - Key
Industry Dynamics
5.1 Key Market Drivers
5.1.1
Growing Integration of Vision Guided Robots Across Various Industries
5.2
Key Market Restraints
5.2.1 Lack of Technically Skilled Operators
Among Emerging Economies
5.3 Key Market Opportunity
5.3.1
Mounting Capabilities of 3D Machine Vision
5.4 Future Trends
5.4.1
Focus on Developing Intuitive Programming Interfaces
5.5 Impact
Analysis of Drivers and Restraints

Part 6. Vision Guided Robotics Software - APAC Market Analysis
6.1
APAC Vision Guided Robotics Software Market Overview
6.2 APAC
Vision Guided Robotics Software Market Forecast and Analysis
6.3
Market Positioning/ Market Share

Part 7. APAC Vision Guide Robotics Software Market Analysis - by
Robot Type
7.1 Overview
7.2 APAC Vision Guided
Robotics Software Market Breakdown, by Robot Type, 2018 & 2027
7.3
Fixed Robots
7.4 Mobile Robots

Part 8. APAC Vision Guide Robotics Software Market Analysis - by
Technology
8.1 Overview
8.2 APAC Vision Guided
Robotics Software Market Breakdown, by Technology, 2018 & 2027
8.3
D Vision Guided Technology
8.4 D Vision Guided Technology

Part 9. APAC Vision Guide Robotics Software Market Analysis - by
Application
9.1 Overview
9.2 APAC Vision Guided
Robotics Software Market Breakdown, by Application, 2018 & 2027
9.3
Arc Welding
9.4 Assembly
9.5 Cutting
9.6 Palletizing and
Machine Tending
9.7 Navigation
9.8 Random Bin Picking
9.9
Collaborative Robots
9.10 Others

Part 10. APAC Vision Guide Robotics Software Market Analysis -
by Vertical
10.1 Overview
10.2 APAC Vision Guided
Robotics Software Market Breakdown, by Vertical, 2018 & 2027
10.3
Automotive
10.4 Electrical & Electronics
10.5 Aerospace
10.6
Healthcare
10.7 Transportation & Logistics
10.8 Food &
Beverages
10.9 Others

Part 11. Vision Guided Robotics Software Market - Country
Analysis

Part 12. Industry Landscape
12.1 Market Initiative
12.2
Merger and Acquisition
12.3 New Development

Part 13. Vision Guided Robotics Software Market, Key Company
Profiles

• ABB Ltd.
• Fanuc Corporation
• Robotic Vision Technologies Inc.
• iRobot Corporation
• MVTec Software GmbH
• Pick-it N.V.
• Recognition Robotics Inc.
• Vision Nerf S.A.
• Nachi Robotic Systems Inc.
• KUKA Robot Group

For more information about this report visit https://www.researchandmarkets.com/r/4af2np

View source version on businesswire.com: https://www.businesswire.com/news/home/20190522005476/en/