image

Robotic Vision Market Size & Overview:

Robotic-Vision-Market Revenue Analysis

Get more information on Robotic Vision Market - Request Sample Report

The Robotic Vision Market Size was valued at USD 2.5 billion in 2023 and is expected to reach USD 5.99 billion by 2032 and grow at a CAGR of 10.2% over the forecast period 2024-2032.

The robot vision market is poised for significant growth due to increasing demand for automation, the proliferation of cobots and the ability to adapt vision systems to specific needs. This provide the huge opportunity to better quality control, efficiency and exciting new applications across industries. For e.g., the automotive industry is expected to remain the largest adopter of robotic vision systems due to its focus on automation and quality control. Also, the Computer vision robotics is the next big thing in robotics, utilising computer vision algorithms and machine learning approaches to create self-contained robots. Machine-based robot learning eyes employ algorithms to recognise objects in space and respond appropriately depending on that information. Image processing sensors, rather than algorithms, are used in computer-based programming. Furthermore, The expansion of robotic vision enables its integration into new applications such as agriculture, healthcare, and logistics automation. Robots equipped with a vision function can be used, for example, to harvest crops, assist in patient care and automatic stock sorting. 

MARKET DYNAMICS:

KEY DRIVERS:

  • Surging Demand for Industrial Automation

  • Rise of Collaborative Robots (Cobots)

Cobots are designed for safe human-robot interaction, opening doors for their deployment in diverse settings. The cobot market is expected to reach USD 12.34 billion by 2027. Manufacturers are constantly seeking ways to improve productivity and efficiency. Cobots offer a cost-effective and flexible solution for automating tasks that were previously considered too complex or low-volume for traditional robots. Cobots are designed to be user-friendly, even for those with no prior robotics experience. Intuitive programming interfaces and pre-programmed applications make cobots accessible to a wider range of businesses.

RESTRAINTS:

  • Implementing robotic vision systems can be expensive due to the hardware, software, and integration costs involved.

  • Limited Computational Power on Robots

Traditional robots might have limitations in processing power to handle complex image analysis tasks. Advancements in embedded computing and AI-powered vision solutions are crucial to address this restraint.

OPPORTUNITIES:

  • Advancements in Artificial Intelligence opens doors for new applications and improved robot performance.

  • Increasing Customization pose significant Opportunity in the Robotic Vision.

The surge in demand for robotic vision systems is accompanied by a growing need for customization. These systems are no longer one-size-fits-all, but can be tailored to meet the specific needs of end users. Early adopters in industries like automotive assembly, food packaging, and medical device manufacturing are leading the way in this trend. A key driver of this trend is the rise of collaborative robots (cobots). These affordable robots work safely alongside humans and can be equipped with customized vision systems for tasks like quality inspection. Companies like Sick AG (Germany) offer user-friendly 2D and 3D vision sensors that can be configured without extensive programming expertise, allowing businesses to tailor their vision solutions to specific applications.

CHALLENGES:

  • The increasing autonomy of robots equipped with vision raises ethical concerns. Issues like bias in AI algorithms. 

  • Data Security and Privacy Concerns

As robotic vision systems collect and process visual data, ensuring data security and privacy is paramount. Robust cybersecurity measures and adherence to data privacy regulations will be crucial in this evolving market.

IMPACT OF RUSSIA-UKRAINE WAR

The war has disrupted global supply chains for critical components used in robotic vision systems, such as semiconductors and image sensors. This can lead to shortages and price hikes, impacting production costs and lead times. Also, Sanctions imposed on Russia by various countries might restrict access to certain technologies and expertise relevant to robotic vision development. Additionally, some robotic vision manufacturers might have had operations or partnerships in Russia that are now affected by the war. The World Bank has downgraded its 2023 global growth forecast to 3.0% due to the war's ripple effects, which could indirectly impact investments in automation technologies. on the other hand, the war might lead to increased demand for robotic vision systems in defense applications, such as unmanned aerial vehicles (UAVs) and autonomous weapon systems.

IMPACT OF ECONOMIC SLOWDOWN

Reduced consumer demand leads to lower production needs in sectors such as manufacturing, automotive and logistics during the economic uncertainity. This directly affects the demand for robotic vision systems used in these applications such as quality control, automation and material handling. In addition, robotic vision systems can lead to long-term cost savings through increased efficiency, reduced waste, and improved product quality. Companies may see them as valuable investments despite the recession. In some cases, governments may offer incentives to support automation during economic slowdown to maintain competitiveness and productivity. Overall, the industrial segment of the robot vision market is the most likely to be affected by the economic slowdown, as it relies on continuous manufacturing operations. But the long-term benefits of robotic vision systems, along with potential savings and government support, could help mitigate the effects.

KEY MARKET SEGMENTS:

By Component

  • Hardware

    • Camera

      • Visible

      • Visible + IR

      • Lighting

      • Optics

      • Processors and Controllers

      • Frame Grabber

      • Others

  • Software

    • Traditional Software

    • Deep Learning Software

By Type

  • 2D Vision Systems

  • 3D Vision Systems

The 3D Vision Systems segment will grow at the highest CAGR during the forecast period 2023-2028. The convergence of factors contributes to the expansion of 3D vision systems. Technical breakthroughs in hardware, sensors and imaging techniques have improved accuracy and affordability. The versatility of these systems is reflected in their various applications in various industries, including robotics, manufacturing, healthcare and entertainment. The demand for automation, advanced security and data security is driving the adoption of 3D vision systems. The development of machine learning techniques has also played a key role in increasing the understanding and interpretation of complex visual data. With constant innovation, the future holds enormous opportunities for further growth in this field.

By Application

  • Automotive

  • Electrical & Electronics

  • Chemical, Rubber, & Plastic

  • Metals & Machinery

  • Food & Beverages

  • Precision Engineering & Optics

  • Pharmaceuticals & Cosmetics

  • Others

Robotic vision has revolutionized the food and beverage industry, experiencing the fastets growth. Now, robots equipped with advanced cameras and intelligent image processing algorithms can "see" and understand their environment. This revolutionary technology is transforming various aspects of food and beverage production, from quality inspection and sorting to packaging and pick-and-place operations. Also. Vision-guided robots can meticulously inspect food items for defects, ensuring consistent product quality and minimizing waste. The future holds possibilities for autonomous vehicles equipped with vision systems, revolutionizing internal transportation within food and beverage facilities.

REGIONAL ANALYSES

Asia Pacific reigns supreme as the global manufacturing center, encompassing a diverse range of industries. This translates to a high demand for automation solutions, and robotic vision plays a vital role in enhancing efficiency and precision across production lines. The region boasts some of the world's fastest-growing economies, fueling significant investments in cutting-edge technologies like robotic vision. Countries like China are leading the charge, embracing automation advancements across various sectors. Beyond China, nations like Japan and South Korea have long-standing, large-scale manufacturing industries. These countries are now integrating robotic vision to modernize their production processes and stay competitive in the global market.

North America has a long history of using automation technology, and robotic vision is a natural extension of that trend. Manufacturers in the region are constantly looking for ways to improve efficiency, quality and safety, making robot vision a valuable asset. North America is home to leading robotics and automation companies that drive innovation and develop robotic vision. This strong technological foundation ensures the continued growth of the region in this market. Key players in the North American robot vision market are Adept Technology, Inc., Rockwell Automation, Inc. and Basler AG. These companies are constantly developing new and improved vision systems to meet the changing needs of manufacturers. Like other advanced economies, North America faces challenges from an aging workforce and a shortage of skilled labor. Robotic vision offers a solution by automating tasks and reducing dependence on human labor, making it attractive to manufacturers.

Robotic-Vision-Market-By-Region

Need any customization research on Robotic Vision Market - Enquiry Now

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS:

The key market players in Robotic Vision Market Cognex Corporation,Basler AG (Germany), OMRON Corporation, National Instruments Corporation (US), Keyence Corporation, Teledyne DALSA, SICK AG(Germany), Torvidel AS (Norway), Hexagon AB (Sweden), Advantech (Taiwan), Yaskawa America, Inc. (Japan), ISRA VISION (Germany), FANUC CORPORATION (Japan), ABB (Switzerland), Qualcomm Incorporated (US).  and other key players.

Keyence Corporation-Company Financial Analysis

Company Landscape Analysis

 

RECENT DEVELOPMENT

In April 2023, In a move poised to revolutionize high-speed production lines, industry leader Cognex Corporation unveiled the In-Sight 3800 Vision System. This advanced system is a game-changer, offering manufacturers a comprehensive suite of features for tackling complex inspection tasks.

In March 2024, Universal Robots partners with Photonetics for AI-powered vision system for cobots. This partnership aims to integrate Photonetics' AI-powered vision system with Universal Robots' collaborative robots. this will enable cobots to perform more complex tasks that require advanced object recognition and manipulation capabilities.

In February 2024, NVIDIA and Siemens Announce Strategic Collaboration to Advance Industrial Robotics and AI. This collaboration focuses on developing end-to-end solutions that leverage NVIDIA's AI computing platform and Siemens' robotics expertise. The goal is to create smarter, more adaptable robots with enhanced vision capabilities for various industrial applications.

Robotic Vision Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 2.5 Billion
Market Size by 2031  US$ 5.99 Billion
CAGR  CAGR 10.2% From 2024 to 2032
Base Year  2023
Forecast Period  2024-2032
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Hardware(Camera(Visible, Visible + IR, Lighting, Optics, Processors and Controllers, Frame Grabber, Others)), Software(Traditional Software, Deep Learning Software))
• By Type (2D Vision Systems, 3D Vision Systems)
• By Industry (Automotive, Electrical & Electronics, Chemical, Rubber, & Plastic, Metals & Machinery, Food & Beverages, Precision Engineering & Optics, Pharmaceuticals & Cosmetics, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Cognex Corporation,Basler AG (Germany), OMRON Corporation, National Instruments Corporation (US), Keyence Corporation, Teledyne DALSA, SICK AG(Germany), Torvidel AS (Norway), Hexagon AB (Sweden), Advantech (Taiwan), Yaskawa America, Inc. (Japan), ISRA VISION (Germany), FANUC CORPORATION (Japan), ABB (Switzerland), Qualcomm Incorporated (US)
Key Drivers • Surging Demand for Industrial Automation
• Rise of Collaborative Robots (Cobots)
Market Restraints • Implementing robotic vision systems can be expensive due to the hardware, software, and integration costs involved. 
• Limited Computational Power on Robots

Frequently Asked Questions

Ans:  The Robotic Vision Market is expected to grow at a CAGR of 10.2%.

Ans: Robotic Vision Market size was USD 2.5 billion in 2023 and is expected to Reach USD 5.4 billion by 2031.

Ans:  In the Robotic Vision Market, Asia-Pacific is the largest geographic market.

Ans:  In numerous Industries, quality control of products is being done by robotic vision system and tedious inspection work is shifted from humans to machine automation are the elements which are driving the Robotic Vision Market's expansion.

Ans:  Huge investments for installation and manually instruction should be given to the robots this all factors are limiting the  Robotic Vision Market's expansion

TABLE OF CONTENTS

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges

5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8. Pest Analysis

9. Robotic Vision Market Segmentation, By Technology
9.1 Introduction
9.2 Trend Analysis
9.3 Hardware
9.3.1 Camera
9.3.1.1Visible
9.3.1.2 Visible + IR
9.3.1.3 Lighting
9.3.1.4 Optics
9.3.1.5 Processors and Controllers
9.3.1.6 Frame Grabber
9.3.1.7 Others
9.4 Software
9.4.1 Traditional Software
9.4.2 Deep Learning Software

10. Robotic Vision Market Segmentation, By Type
10.1 Introduction
10.2 Trend Analysis
10.3 2D Vision Systems
10.4 3D Vision Systems

11. Robotic Vision Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3Automotive
11.4 Electrical & Electronics
11.5 Chemical, Rubber, & Plastic
11.6 Metals & Machinery
11.7 Food & Beverages
11.8 Precision Engineering & Optics
11.9 Pharmaceuticals & Cosmetics
11.10 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Robotic Vision Market by Country
12.2.3 North America Robotic Vision Market By Technology
12.2.4 North America Robotic Vision Market By Type
12.2.5 North America Robotic Vision Market By Application
12.2.6 USA
12.2.6.1 USA Robotic Vision Market By Technology
12.2.6.2 USA Robotic Vision Market By Type
12.2.6.3 USA Robotic Vision Market By Application
12.2.7 Canada
12.2.7.1 Canada Robotic Vision Market By Technology
12.2.7.2 Canada Robotic Vision Market By Type
12.2.7.3 Canada Robotic Vision Market By Application
12.2.8 Mexico
12.2.8.1 Mexico Robotic Vision Market By Technology
12.2.8.2 Mexico Robotic Vision Market By Type
12.2.8.3 Mexico Robotic Vision Market By Application
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Robotic Vision Market by Country
12.3.2.2 Eastern Europe Robotic Vision Market By Technology
12.3.2.3 Eastern Europe Robotic Vision Market By Type
12.3.2.4 Eastern Europe Robotic Vision Market By Application
12.3.2.5 Poland
12.3.2.5.1 Poland Robotic Vision Market By Technology
12.3.2.5.2 Poland Robotic Vision Market By Type
12.3.2.5.3 Poland Robotic Vision Market By Application
12.3.2.6 Romania
12.3.2.6.1 Romania Robotic Vision Market By Technology
12.3.2.6.2 Romania Robotic Vision Market By Type
12.3.2.6.4 Romania Robotic Vision Market By Application
12.3.2.7 Hungary
12.3.2.7.1 Hungary Robotic Vision Market By Technology
12.3.2.7.2 Hungary Robotic Vision Market By Type
12.3.2.7.3 Hungary Robotic Vision Market By Application
12.3.2.8 Turkey
12.3.2.8.1 Turkey Robotic Vision Market By Technology
12.3.2.8.2 Turkey Robotic Vision Market By Type
12.3.2.8.3 Turkey Robotic Vision Market By Application
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Robotic Vision Market By Technology
12.3.2.9.2 Rest of Eastern Europe Robotic Vision Market By Type
12.3.2.9.3 Rest of Eastern Europe Robotic Vision Market By Application
12.3.3 Western Europe
12.3.3.1 Western Europe Robotic Vision Market by Country
12.3.3.2 Western Europe Robotic Vision Market By Technology
12.3.3.3 Western Europe Robotic Vision Market By Type
12.3.3.4 Western Europe Robotic Vision Market By Application
12.3.3.5 Germany
12.3.3.5.1 Germany Robotic Vision Market By Technology
12.3.3.5.2 Germany Robotic Vision Market By Type
12.3.3.5.3 Germany Robotic Vision Market By Application
12.3.3.6 France
12.3.3.6.1 France Robotic Vision Market By Technology
12.3.3.6.2 France Robotic Vision Market By Type
12.3.3.6.3 France Robotic Vision Market By Application
12.3.3.7 UK
12.3.3.7.1 UK Robotic Vision Market By Technology
12.3.3.7.2 UK Robotic Vision Market By Type
12.3.3.7.3 UK Robotic Vision Market By Application
12.3.3.8 Italy
12.3.3.8.1 Italy Robotic Vision Market By Technology
12.3.3.8.2 Italy Robotic Vision Market By Type
12.3.3.8.3 Italy Robotic Vision Market By Application
12.3.3.9 Spain
12.3.3.9.1 Spain Robotic Vision Market By Technology
12.3.3.9.2 Spain Robotic Vision Market By Type
12.3.3.9.3 Spain Robotic Vision Market By Application
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Robotic Vision Market By Technology
12.3.3.10.2 Netherlands Robotic Vision Market By Type
12.3.3.10.3 Netherlands Robotic Vision Market By Application
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Robotic Vision Market By Technology
12.3.3.11.2 Switzerland Robotic Vision Market By Type
12.3.3.11.3 Switzerland Robotic Vision Market By Application
12.3.3.1.12 Austria
12.3.3.12.1 Austria Robotic Vision Market By Technology
12.3.3.12.2 Austria Robotic Vision Market By Type
12.3.3.12.3 Austria Robotic Vision Market By Application
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Robotic Vision Market By Technology
12.3.3.13.2 Rest of Western Europe Robotic Vision Market By Type
12.3.3.13.3 Rest of Western Europe Robotic Vision Market By Application
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Robotic Vision Market by Country
12.4.3 Asia-Pacific Robotic Vision Market By Technology
12.4.4 Asia-Pacific Robotic Vision Market By Type
12.4.5 Asia-Pacific Robotic Vision Market By Application
12.4.6 China
12.4.6.1 China Robotic Vision Market By Technology
12.4.6.2 China Robotic Vision Market By Type
12.4.6.3 China Robotic Vision Market By Application
12.4.7 India
12.4.7.1 India Robotic Vision Market By Technology
12.4.7.2 India Robotic Vision Market By Type
12.4.7.3 India Robotic Vision Market By Application
12.4.8 Japan
12.4.8.1 Japan Robotic Vision Market By Technology
12.4.8.2 Japan Robotic Vision Market By Type
12.4.8.3 Japan Robotic Vision Market By Application
12.4.9 South Korea
12.4.9.1 South Korea Robotic Vision Market By Technology
12.4.9.2 South Korea Robotic Vision Market By Type
12.4.9.3 South Korea Robotic Vision Market By Application
12.4.10 Vietnam
12.4.10.1 Vietnam Robotic Vision Market By Technology
12.4.10.2 Vietnam Robotic Vision Market By Type
12.4.10.3 Vietnam Robotic Vision Market By Application
12.4.11 Singapore
12.4.11.1 Singapore Robotic Vision Market By Technology
12.4.11.2 Singapore Robotic Vision Market By Type
12.4.11.3 Singapore Robotic Vision Market By Application
12.4.12 Australia
12.4.12.1 Australia Robotic Vision Market By Technology
12.4.12.2 Australia Robotic Vision Market By Type
12.4.12.3 Australia Robotic Vision Market By Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Robotic Vision Market By Technology
12.4.13.2 Rest of Asia-Pacific Robotic Vision Market By Type
12.4.13.3 Rest of Asia-Pacific Robotic Vision Market By Application
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Robotic Vision Market by Country
12.5.2.2 Middle East Robotic Vision Market By Technology
12.5.2.3 Middle East Robotic Vision Market By Type
12.5.2.4 Middle East Robotic Vision Market By Application
12.5.2.5 UAE
12.5.2.5.1 UAE Robotic Vision Market By Technology
12.5.2.5.2 UAE Robotic Vision Market By Type
12.5.2.5.3 UAE Robotic Vision Market By Application
12.5.2.6 Egypt
12.5.2.6.1 Egypt Robotic Vision Market By Technology
12.5.2.6.2 Egypt Robotic Vision Market By Type
12.5.2.6.3 Egypt Robotic Vision Market By Application
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Robotic Vision Market By Technology
12.5.2.7.2 Saudi Arabia Robotic Vision Market By Type
12.5.2.7.3 Saudi Arabia Robotic Vision Market By Application
12.5.2.8 Qatar
12.5.2.8.1 Qatar Robotic Vision Market By Technology
12.5.2.8.2 Qatar Robotic Vision Market By Type
12.5.2.8.3 Qatar Robotic Vision Market By Application
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Robotic Vision Market By Technology
12.5.2.9.2 Rest of Middle East Robotic Vision Market By Type
12.5.2.9.3 Rest of Middle East Robotic Vision Market By Application
12.5.3 Africa
12.5.3.1 Africa Robotic Vision Market by Country
12.5.3.2 Africa Robotic Vision Market By Technology
12.5.3.3 Africa Robotic Vision Market By Type
12.5.3.4 Africa Robotic Vision Market By Application
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Robotic Vision Market By Technology
12.5.3.5.2 Nigeria Robotic Vision Market By Type
12.5.3.5.3 Nigeria Robotic Vision Market By Application
12.5.3.6 South Africa
12.5.3.6.1 South Africa Robotic Vision Market By Technology
12.5.3.6.2 South Africa Robotic Vision Market By Type
12.5.3.6.3 South Africa Robotic Vision Market By Application
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Robotic Vision Market By Technology
12.5.3.7.2 Rest of Africa Robotic Vision Market By Type
12.5.3.7.3 Rest of Africa Robotic Vision Market By Application
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Robotic Vision Market by country
12.6.3 Latin America Robotic Vision Market By Technology
12.6.4 Latin America Robotic Vision Market By Type
12.6.5 Latin America Robotic Vision Market By Application
12.6.6 Brazil
12.6.6.1 Brazil Robotic Vision Market By Technology
12.6.6.2 Brazil Robotic Vision Market By Type
12.6.6.3 Brazil Robotic Vision Market By Application
12.6.7 Argentina
12.6.7.1 Argentina Robotic Vision Market By Technology
12.6.7.2 Argentina Robotic Vision Market By Type
12.6.7.3 Argentina Robotic Vision Market By Application
12.6.8 Colombia
12.6.8.1 Colombia Robotic Vision Market By Technology
12.6.8.2 Colombia Robotic Vision Market By Type
12.6.8.3 Colombia Robotic Vision Market By Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Robotic Vision Market By Technology
12.6.9.2 Rest of Latin America Robotic Vision Market By Type
12.6.9.3 Rest of Latin America Robotic Vision Market By Application

13. Company Profiles
13.1 Cognex Corporation (US)
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Basler AG (Germany)
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 OMRON Corporation (Japan)
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 National Instruments Corporation (US)
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Teledyne DALSA (Canada)
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Sick AG (Germany)
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Torvidel AS (Norway)
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8  FANUC CORPORATION (Japan)
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 ABB (Switzerland)
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Qualcomm Incorporated (US)
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. Use Case and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone