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The global vision guided robotics market accounted for US$ 4.12 Bn in 2018 and is expected to grow at a CAGR of 13.8% over the forecast period 2019-2027, to account for US$ 12.99 Bn by 2027NEW YORK, July 15, 2019 /PRNewswire/ -- The global vision guided robotics market accounted for US$ 4.12 Bn in 2018 and is expected to grow at a CAGR of 13.8% over the forecast period 2019–2027, to account for US$ 12.99 Bn by 2027. Growth in recent years in the vision guided robotics market is primarily driven by the growing popularity of automation across different industry vertical. Asia-Pacific region is observed to garner the highest market share in the vision guided robotics market. The government of several nations worldwide are taking initiatives to support and promote the development and adoption of vision guided robotics in their respective countries.For instance, the government of Singapore, under its Industry Transformation Programme, has announced several measures to facilitate companies and industries innovate, automate, and expand overseas and obtain financing. The Singapore government, in 2015, introduced 'National Robotics Programme' for the development and deployment of robotics in various sectors including, healthcare, manufacturing, construction, and logistics. The supporting government initiatives are expected to drive the growth of vision guided robotics market in the coming years. The overall vision guided robotics market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the vision guided robotics market. It also provides the overview and forecast for the global vision guided robotics market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the vision guided robotics industry. Some of the players present in the vision guided robotics market are ABB Ltd., Fanuc Corporation, Basler AG, Cognex, ISRA Vision, Yaskawa Electric Corporation, Universal Robots AS, Denso Corporation, and Omron Corporation among others. Read the full report: https://www.reportlinker.com/p05794754/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |