PUBLISHER: KBV Research | PRODUCT CODE: 1682994
PUBLISHER: KBV Research | PRODUCT CODE: 1682994
Europe 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 Europe Vision Guided Robotics Market would witness market growth of 6.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Vision Guided Robotics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,534.6 million by 2031. The UK market is experiencing a CAGR of 6% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 7.7% 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.
The substantial increase in industrial production across Europe indicates a growing emphasis on automation and technological advancements to meet rising demand. Industries such as automotive, electronics, pharmaceuticals, and consumer goods are investing in advanced robotics to streamline production processes. Vision-guided robots are crucial for assembly, inspection, material handling, and quality control, ensuring higher accuracy and reducing human error. As production volumes grow, European manufacturers increasingly integrate VGR solutions to maintain competitive efficiency and meet evolving market demands.
The 19% increase in the value of sold production in 2022 reflects the expansion of European manufacturing capabilities, leading to a greater need for automation-driven solutions. Vision-guided robotics are key to improving operational speed and precision and are essential for scaling production while maintaining quality standards. As European industries continue to expand, VGR adoption is becoming a necessity for optimizing workflows, reducing costs, and addressing labour shortages. This trend is particularly evident in sectors like automotive manufacturing, where precision and automation are critical for high-volume production. Thus, Europe's rising industrial production and increasing manufacturing value accelerate the demand for vision guided robotics.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.)
Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Vision Guided Robotics Market, by Application
- 1.4.2 Europe Vision Guided Robotics Market, by Type
- 1.4.3 Europe Vision Guided Robotics Market, by Component
- 1.4.4 Europe 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. Europe Vision Guided Robotics Market by Application
- 5.1 Europe Automobile Market by Country
- 5.2 Europe Electrical & Electronics Market by Country
- 5.3 Europe Healthcare & Pharmaceutical Market by Country
- 5.4 Europe Aerospace & Defense Market by Country
- 5.5 Europe Food & Beverage Market by Country
- 5.6 Europe Logistics Market by Country
- 5.7 Europe Welding, Inspection, & Cleaning Market by Country
- 5.8 Europe Painting Market by Country
- 5.9 Europe Other Application Market by Country
Chapter 6. Europe Vision Guided Robotics Market by Type
- 6.1 Europe 2D Vision Market by Country
- 6.2 Europe 3D Vision Market by Country
Chapter 7. Europe Vision Guided Robotics Market by Component
- 7.1 Europe Hardware Market by Country
- 7.2 Europe Software Market by Country
- 7.3 Europe Services Market by Country
Chapter 8. Europe Vision Guided Robotics Market by Country
- 8.1 Germany Vision Guided Robotics Market
- 8.1.1 Germany Vision Guided Robotics Market by Application
- 8.1.2 Germany Vision Guided Robotics Market by Type
- 8.1.3 Germany Vision Guided Robotics Market by Component
- 8.2 UK Vision Guided Robotics Market
- 8.2.1 UK Vision Guided Robotics Market by Application
- 8.2.2 UK Vision Guided Robotics Market by Type
- 8.2.3 UK Vision Guided Robotics Market by Component
- 8.3 France Vision Guided Robotics Market
- 8.3.1 France Vision Guided Robotics Market by Application
- 8.3.2 France Vision Guided Robotics Market by Type
- 8.3.3 France Vision Guided Robotics Market by Component
- 8.4 Russia Vision Guided Robotics Market
- 8.4.1 Russia Vision Guided Robotics Market by Application
- 8.4.2 Russia Vision Guided Robotics Market by Type
- 8.4.3 Russia Vision Guided Robotics Market by Component
- 8.5 Spain Vision Guided Robotics Market
- 8.5.1 Spain Vision Guided Robotics Market by Application
- 8.5.2 Spain Vision Guided Robotics Market by Type
- 8.5.3 Spain Vision Guided Robotics Market by Component
- 8.6 Italy Vision Guided Robotics Market
- 8.6.1 Italy Vision Guided Robotics Market by Application
- 8.6.2 Italy Vision Guided Robotics Market by Type
- 8.6.3 Italy Vision Guided Robotics Market by Component
- 8.7 Rest of Europe Vision Guided Robotics Market
- 8.7.1 Rest of Europe Vision Guided Robotics Market by Application
- 8.7.2 Rest of Europe Vision Guided Robotics Market by Type
- 8.7.3 Rest of Europe 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 Europe Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 2 Europe Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 3 Europe Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 4 Europe Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 5 Europe Automobile Market by Country, 2020 - 2023, USD Million
- TABLE 6 Europe Automobile Market by Country, 2024 - 2031, USD Million
- TABLE 7 Europe Electrical & Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 8 Europe Electrical & Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 9 Europe Healthcare & Pharmaceutical Market by Country, 2020 - 2023, USD Million
- TABLE 10 Europe Healthcare & Pharmaceutical Market by Country, 2024 - 2031, USD Million
- TABLE 11 Europe Aerospace & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 12 Europe Aerospace & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 13 Europe Food & Beverage Market by Country, 2020 - 2023, USD Million
- TABLE 14 Europe Food & Beverage Market by Country, 2024 - 2031, USD Million
- TABLE 15 Europe Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 16 Europe Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 17 Europe Welding, Inspection, & Cleaning Market by Country, 2020 - 2023, USD Million
- TABLE 18 Europe Welding, Inspection, & Cleaning Market by Country, 2024 - 2031, USD Million
- TABLE 19 Europe Painting Market by Country, 2020 - 2023, USD Million
- TABLE 20 Europe Painting Market by Country, 2024 - 2031, USD Million
- TABLE 21 Europe Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 22 Europe Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 23 Europe Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 24 Europe Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 25 Europe 2D Vision Market by Country, 2020 - 2023, USD Million
- TABLE 26 Europe 2D Vision Market by Country, 2024 - 2031, USD Million
- TABLE 27 Europe 3D Vision Market by Country, 2020 - 2023, USD Million
- TABLE 28 Europe 3D Vision Market by Country, 2024 - 2031, USD Million
- TABLE 29 Europe Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 30 Europe Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 31 Europe Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 32 Europe Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 33 Europe Software Market by Country, 2020 - 2023, USD Million
- TABLE 34 Europe Software Market by Country, 2024 - 2031, USD Million
- TABLE 35 Europe Services Market by Country, 2020 - 2023, USD Million
- TABLE 36 Europe Services Market by Country, 2024 - 2031, USD Million
- TABLE 37 Europe Vision Guided Robotics Market by Country, 2020 - 2023, USD Million
- TABLE 38 Europe Vision Guided Robotics Market by Country, 2024 - 2031, USD Million
- TABLE 39 Germany Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 40 Germany Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 41 Germany Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 42 Germany Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 43 Germany Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 44 Germany Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 45 Germany Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 46 Germany Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 47 UK Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 48 UK Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 49 UK Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 50 UK Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 51 UK Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 52 UK Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 53 UK Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 54 UK Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 55 France Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 56 France Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 57 France Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 58 France Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 59 France Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 60 France Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 61 France Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 62 France Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 63 Russia Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 64 Russia Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 65 Russia Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 66 Russia Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 67 Russia Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 68 Russia Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 69 Russia Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 70 Russia Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 71 Spain Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 72 Spain Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 73 Spain Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 74 Spain Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 75 Spain Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 76 Spain Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 77 Spain Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 78 Spain Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 79 Italy Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 80 Italy Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 81 Italy Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 82 Italy Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 83 Italy Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 84 Italy Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 85 Italy Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 86 Italy Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 87 Rest of Europe Vision Guided Robotics Market, 2020 - 2023, USD Million
- TABLE 88 Rest of Europe Vision Guided Robotics Market, 2024 - 2031, USD Million
- TABLE 89 Rest of Europe Vision Guided Robotics Market by Application, 2020 - 2023, USD Million
- TABLE 90 Rest of Europe Vision Guided Robotics Market by Application, 2024 - 2031, USD Million
- TABLE 91 Rest of Europe Vision Guided Robotics Market by Type, 2020 - 2023, USD Million
- TABLE 92 Rest of Europe Vision Guided Robotics Market by Type, 2024 - 2031, USD Million
- TABLE 93 Rest of Europe Vision Guided Robotics Market by Component, 2020 - 2023, USD Million
- TABLE 94 Rest of Europe Vision Guided Robotics Market by Component, 2024 - 2031, USD Million
- TABLE 95 Key Information - Omron Corporation
- TABLE 96 Key Information - Denso Corporation
- TABLE 97 key information - FANUC Corporation
- TABLE 98 Key Information - Hexagon AB
- TABLE 99 Key information - Cognex Corporation
- TABLE 100 Key Information - Basler AG
- TABLE 101 Key Information - ABB Ltd.
- TABLE 102 Key Information - Mitsubishi Electric Corporation
- TABLE 103 Key Information - Kawasaki Heavy Industries, Ltd.
- TABLE 104 Key Information - Qualcomm Incorporated
- TABLE 105 Key Information - Universal Robots A/S
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 Europe 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 Europe Vision Guided Robotics Market share by Application, 2023
- FIG 7 Europe Vision Guided Robotics Market share by Application, 2031
- FIG 8 Europe Vision Guided Robotics Market by Application, 2020 - 2031, USD Million
- FIG 9 Europe Vision Guided Robotics Market share by Type, 2023
- FIG 10 Europe Vision Guided Robotics Market share by Type, 2031
- FIG 11 Europe Vision Guided Robotics Market by Type, 2020 - 2031, USD Million
- FIG 12 Europe Vision Guided Robotics Market share by Component, 2023
- FIG 13 Europe Vision Guided Robotics Market share by Component, 2031
- FIG 14 Europe Vision Guided Robotics Market by Component, 2020 - 2031, USD Million
- FIG 15 Europe Vision Guided Robotics Market share by Country, 2023
- FIG 16 Europe Vision Guided Robotics Market share by Country, 2031
- FIG 17 Europe 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
