Research Offers 10-Year Forecast on Robotic Vision Market

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Date Submitted: 10/19/2016 02:17 AM

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Robotic vision comprises of vision algorithm, calibration, temperature software & cameras that are used to identify and determine the position of all the objects in robot workplace. Apart from identification and navigation, robotic vision also facilitate robots to analyse, interpret, extract and characterize the image information and to make description accordingly. Robotic vision technology provides several benefits including improvement in quality, reliability, safety and productivity. Performance of robotic vision depends on the effective communication between robot system & application and control over the environment.

Robotic Vision Market: Drivers and Restraint

Intelligent homes are specifically designed for the ageing population, where robots are capable to assists the elderly people in day-to-day tasks. The demand for intelligent homes is continuously increasing, as the ageing population is growing with significant rate across the globe. Increase in demand for intelligent homes, government regulations about sanitation in food processing industry and rising need of precise, safe and reliable vision guided robots in different verticals are major driving factors of the robotic vision market.

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However, high initial investment and lack of global standards for robotic implementation are some of the major challenges for the robot vision market.

Robotic Vision Market: Segmentation

Robotic Vision market can be classified on the basis of component, application and type.

On the basis of component, the market can be bifurcated into hardware and software. Hardware segment consists of camera, sensors, lightning, and optics. Camera, sensors, lightning and optics incorporate with each other in order to facilitate the collapsible free movement of robot in environment. Camera, lightning and optics are used to capture the images while sensors allows obstacle free...