PUBLISHER: KBV Research | PRODUCT CODE: 1682993
PUBLISHER: KBV Research | PRODUCT CODE: 1682993
North America Vision Guided Robotics Market Size, Share & Trends Analysis Report By Application, By Type (2D Vision and 3D Vision), By Component (Hardware, Software, and Services), By Country and Growth Forecast, 2024 - 2031
The North America Vision Guided Robotics Market would witness market growth of 7.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Vision Guided Robotics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,655.5 million by 2031. The Canada market is exhibiting a CAGR of 9.5% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 8.7% during (2024 - 2031).
The market represents a transformative frontier in automation, blending advanced machine vision technologies with robotic systems to create intelligent, adaptable, and highly efficient solutions. As industries worldwide grapple with precision, scalability, and cost-efficiency demands, vision-guided robots have emerged as a pivotal innovation, enabling machines to "see" and interpret their environments with unprecedented accuracy. These systems integrate cameras, sensors, specialized lighting, and sophisticated software to provide robots with the ability to navigate complex tasks, adapt to variable conditions, and perform operations that were once the exclusive domain of human workers.
In addition, the significance of vision-guided robotics lies in its ability to bridge the gap between traditional robotics and the dynamic, unpredictable nature of modern production environments. Unlike their "blind" predecessors, which relied on pre-programmed paths and fixed tooling, vision-guided robots leverage real-time visual data to make autonomous decisions, offering flexibility that revolutionizes manufacturing, logistics, and beyond. This convergence of vision and robotics is not merely a technological evolution but a paradigm shift, enabling industries to achieve higher quality standards, reduce operational costs, and respond swiftly to changing market demands.
Mexico's food processing industry, with an average annual growth rate of 4.3% and a projected contribution of $39.4 billion to the economy in 2020, is a significant driver of vision-guided robotics adoption. The sector's dynamic expansion requires automation to enhance food safety, packaging, and processing efficiency. Vision-guided robots are increasingly utilized in food sorting, quality control, and automated packaging, ensuring consistency and compliance with safety standards. As Mexico's food processing sector continues to grow, the demand for robotic solutions integrated with vision technology is expected to rise, fostering innovation and efficiency in production. In conclusion, the increasing industrial output in Canada's manufacturing sector and the rapid expansion of Mexico's food processing industry are key factors fuelling the market's growth.
Based on Application, the market is segmented into Automobile, Electrical & Electronics, Healthcare & Pharmaceutical, Aerospace & Defense, Food & Beverage, Logistics, Welding, Inspection, & Cleaning, Painting, and Other Application. Based on Type, the market is segmented into 2D Vision and 3D Vision. Based on Component, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Omron Corporation
- DENSO CORPORATION
- FANUC Corporation
- Hexagon AB
- Cognex Corporation
- Basler AG
- ABB Ltd.
- Mitsubishi Electric Corporation
- Kawasaki Heavy Industries, Ltd.
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
North America Vision Guided Robotics Market Report Segmentation
By Application
- Automobile
- Electrical & Electronics
- Healthcare & Pharmaceutical
- Aerospace & Defense
- Food & Beverage
- Logistics
- Welding, Inspection, & Cleaning
- Painting
- Other Application
By Type
- 2D Vision
- 3D Vision
By Component
- Hardware
- Software
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Vision Guided Robotics Market, by Application
- 1.4.2 North America Vision Guided Robotics Market, by Type
- 1.4.3 North America Vision Guided Robotics Market, by Component
- 1.4.4 North America Vision Guided Robotics Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Vision Guided Robotics Market
- 4.3 Porter Five Forces Analysis
Chapter 5. North America Vision Guided Robotics Market by Application
- 5.1 North America Automobile Market by Country
- 5.2 North America Electrical & Electronics Market by Country
- 5.3 North America Healthcare & Pharmaceutical Market by Country
- 5.4 North America Aerospace & Defense Market by Country
- 5.5 North America Food & Beverage Market by Country
- 5.6 North America Logistics Market by Country
- 5.7 North America Welding, Inspection, & Cleaning Market by Country
- 5.8 North America Painting Market by Country
- 5.9 North America Other Application Market by Country
Chapter 6. North America Vision Guided Robotics Market by Type
- 6.1 North America 2D Vision Market by Country
- 6.2 North America 3D Vision Market by Country
Chapter 7. North America Vision Guided Robotics Market by Component
- 7.1 North America Hardware Market by Country
- 7.2 North America Software Market by Country
- 7.3 North America Services Market by Country
Chapter 8. North America Vision Guided Robotics Market by Country
- 8.1 US Vision Guided Robotics Market
- 8.1.1 US Vision Guided Robotics Market by Application
- 8.1.2 US Vision Guided Robotics Market by Type
- 8.1.3 US Vision Guided Robotics Market by Component
- 8.2 Canada Vision Guided Robotics Market
- 8.2.1 Canada Vision Guided Robotics Market by Application
- 8.2.2 Canada Vision Guided Robotics Market by Type
- 8.2.3 Canada Vision Guided Robotics Market by Component
- 8.3 Mexico Vision Guided Robotics Market
- 8.3.1 Mexico Vision Guided Robotics Market by Application
- 8.3.2 Mexico Vision Guided Robotics Market by Type
- 8.3.3 Mexico Vision Guided Robotics Market by Component
- 8.4 Rest of North America Vision Guided Robotics Market
- 8.4.1 Rest of North America Vision Guided Robotics Market by Application
- 8.4.2 Rest of North America Vision Guided Robotics Market by Type
- 8.4.3 Rest of North America Vision Guided Robotics Market by Component
Chapter 9. Company Profiles
- 9.1 Omron Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Denso Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
- 9.3 FANUC Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Product Launches and Product Expansions:
- 9.3.5 SWOT Analysis
- 9.4 Hexagon AB
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Cognex Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Basler AG
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
- 9.7 ABB Ltd.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Mitsubishi Electric Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 SWOT Analysis
- 9.9 Kawasaki Heavy Industries Ltd.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 SWOT Analysis
- 9.11 Universal Robots A/S (Teradyne, Inc.)
- 9.11.1 Company Overview
- 9.11.2 Financial Analysis
- 9.11.3 Segmental and Regional Analysis
- 9.11.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 2 North America Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 3 North America Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 4 North America Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 5 North America Automobile Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Automobile Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Electrical & Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Electrical & Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Healthcare & Pharmaceutical Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Healthcare & Pharmaceutical Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Food & Beverage Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Food & Beverage Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Welding, Inspection, & Cleaning Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Welding, Inspection, & Cleaning Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Painting Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Painting Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 24 North America Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 25 North America 2D Vision Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America 2D Vision Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America 3D Vision Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America 3D Vision Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 30 North America Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 31 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 37 North America Vision Guided Robotics Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Vision Guided Robotics Market by Country, 2024 - 2031, USD Million
- TABLE 39 US Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 40 US Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 41 US Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 42 US Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 43 US Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 44 US Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 45 US Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 46 US Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 47 Canada Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 48 Canada Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 49 Canada Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 50 Canada Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 51 Canada Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 52 Canada Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 53 Canada Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 54 Canada Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 55 Mexico Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 56 Mexico Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 57 Mexico Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 58 Mexico Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 59 Mexico Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 60 Mexico Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 61 Mexico Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 62 Mexico Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 63 Rest of North America Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 64 Rest of North America Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 67 Rest of North America Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 68 Rest of North America Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 69 Rest of North America Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 70 Rest of North America Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 71 Key Information - Omron Corporation
- TABLE 72 Key Information - Denso Corporation
- TABLE 73 key information - FANUC Corporation
- TABLE 74 Key Information - Hexagon AB
- TABLE 75 Key information - Cognex Corporation
- TABLE 76 Key Information - Basler AG
- TABLE 77 Key Information - ABB Ltd.
- TABLE 78 Key Information - Mitsubishi Electric Corporation
- TABLE 79 Key Information - Kawasaki Heavy Industries, Ltd.
- TABLE 80 Key Information - Qualcomm Incorporated
- TABLE 81 Key Information - Universal Robots A/S
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America Vision Guided Robotics Market, 2020 - 2031, USD Million
- FIG 3 Key Factors Impacting Vision Guided Robotics Market
- FIG 4 Market Share Analysis, 2023
- FIG 5 Porter's Five Forces Analysis - Vision Guided Robotics Market
- FIG 6 North America Vision Guided Robotics Market share by Application, 2023
- FIG 7 North America Vision Guided Robotics Market share by Application, 2031
- FIG 8 North America Vision Guided Robotics Market by Application, 2020 - 2031, USD Million
- FIG 9 North America Vision Guided Robotics Market share by Type, 2023
- FIG 10 North America Vision Guided Robotics Market share by Type, 2031
- FIG 11 North America Vision Guided Robotics Market by Type, 2020 - 2031, USD Million
- FIG 12 North America Vision Guided Robotics Market share by Component, 2023
- FIG 13 North America Vision Guided Robotics Market share by Component, 2031
- FIG 14 North America Vision Guided Robotics Market by Component, 2020 - 2031, USD Million
- FIG 15 North America Vision Guided Robotics Market share by Country, 2023
- FIG 16 North America Vision Guided Robotics Market share by Country, 2031
- FIG 17 North America Vision Guided Robotics Market by Country, 2020 - 2031, USD Million
- FIG 18 Recent strategies and developments: Omron Corporation
- FIG 19 SWOT Analysis: Omron Corporation
- FIG 20 SWOT Analysis: Denso Corporation
- FIG 21 SWOT Analysis: FANUC Corporation
- FIG 22 SWOT Analysis: Hexagon AB
- FIG 23 SWOT Analysis: Cognex Corporation
- FIG 24 SWOT Analysis: Basler AG
- FIG 25 SWOT Analysis: ABB ltd.
- FIG 26 SWOT Analysis: Mitsubishi Electric Corporation
- FIG 27 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
- FIG 28 SWOT Analysis: QUALCOMM Incorporated
- FIG 29 SWOT Analysis: Universal Robots A/S
