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Robotic Vision Market Industry Trends

The market for robotic vision is expected to grow from USD 3.10 Billion in 2015 to USD 5.18 Billion in 2020 at a CAGR of 10.8%. The base year considered for study is 2014 and forecast period is from 2015 to 2020. Increasing demand of customization and high industrial growth in the APAC region are the major drivers for the growth of the robotic vision market.

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Robotic Vision Market Industry Trends

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  1. MarketsandMarkets Presents Robotic Vision Market Industry Trend http://www.marketsandmarkets.com/Market-Reports/robotic-vision-market-196002505.html

  2. According to the new market research report "Robotic Vision Market by Component (Camera, Smart Camera, Computer), Technology (2D, 3D [Laser, Structured Light, Stereo Vision]), Application (Welding, Painting), Industry (Electrical & Electronics, Automotive), and Geography - Global Forecast to 2020", the robotic vision market is estimated to reach USD 5.18 Billion by 2020, growing at a CAGR of 10.8% from 2015 to 2020. The factors driving the robotic vision market include demand for safety, reliability, accuracy, efficiency, and ease of implementation and penetration. • Browse 20 tables and 58 figures spread through 195 Slides and in-depth TOC on "Robotic Vision Market - Global Forecast to 2020"http://www.marketsandmarkets.com/Market-Reports/robotic-vision-market-196002505.htmlEarly buyers will receive 10% customization on reports.

  3. Robotic vision is used in industries for improved sanitation, correct packaging, and material handling operations due to strict government regulations and increasing public awareness regarding food and beverage safety. Robotic vision ensures quality and safety, prevents defective products from entering the supply chain, and facilitates product traceability. Robotic vision performs these applications reliably and consistently and is a superior alternative to photoelectric sensor-based application. Apart from this, many companies are accepting it due to the value it brings to their operations, that is, value in the form of improved product quality, more manufacturing flexibility, and higher throughput. • Automotive industry expected to lead the Global Robotic Vision market: • The automotive industry is the early adopter of automated robotic arms for the manufacturing and assembling of vehicle parts. The industry is increasingly using robotic vision for inspection of parts, welding, and material handling. The industry also relies heavily on highly effective approaches to prevent defects at various stages of production, with the help of robotic vision systems. The electrical & electronics industry has emerged as an important sector for robotics vision after the automotive industry. http://www.marketsandmarkets.com/Market-Reports/robotic-vision-market-196002505.html

  4. Material handling dominates the Global Robotic Vision market: • Material handling and packaging & palletizing application account for a large share in the food and beverage industry. It uses robotic vision to reduce labor costs by vision supported packaging of food thereby ensuring brand quality with label verification. • The major players of robotic vision are Yaskawa, Fanuc, ABB Ltd, KUKA Robotics, Kawasaki Robotics, Basler AG, Cognex, National Instruments, Keyence, and Sick. • This report describes the drivers, restraints, opportunities, and challenges with respect to the robotic vision market. The Porter’s five forces analysis has been included in the report with a description of each of the forces and their respective impact on the robotic vision market. http://www.marketsandmarkets.com/Market-Reports/robotic-vision-market-196002505.html

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/robotic-vision-market-196002505.html

  6. Contact Us Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.comMarketsandMarkets Bloghttp://twitter.com/marketsmarkets

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