High potential of mass customization is fueling dramatic changes to automate the work across various industries. The major manufacturing companies in several countries across the globe are adopting smart technologies heavily with an objective to reduce day to day challenges. The consumer demands for customized robots are increasing for performing various monotonous work across the organization and can be upgraded easily with time as well as with changing requirement. The personalized product has the potential to provide several benefits to producers as well as consumers that fits their needs accordingly. The constant enhancement of the product has empowered thousands of companies to invest lower costs as compared to a traditional mass producer. The vision-guided robotics software can be upgraded as per the requirement of the consumers within a period across the region.
The Europe Vision Guided Robotics Software Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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The rise in demand for advanced robotic solutions in the Europe accounted for the significant rise in the automobile industry, electrical or electronics industry, and metal industry among others. As per the International Federation of Robotics (IFR), Europe shared the second largest market in 2018, owing to massive sales by German manufacturers. According to IFR, the number of robots sold in Europe is increased by about 7%, i.e. 21,404 units in the year 2017 and hence created a new record as compared to 2016 the number of robots sold is 20,074 units. Robot manufacturers in other countries in Europe namely; Italy, France, the United Kingdom, and Switzerland among others continue to increase their sales and ultimately their market share, helping the European region to propel in the field of vision-guided robotics software market over the years.
These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Europe Vision Guided Robotics Software Market in the market.
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EUROPE VISION-GUIDED ROBOTICS SOFTWARE – MARKET SEGMENTATION
By Robot Type
- Mobile Robot
- Fixed Robot
- 2D Vision Guided
- 3D Vision Guided
- Arc Welding
- Palletizing & Machine Tending
- Random Bin Picking
- Collaborative Robots
- Electrical & Electronics
- Transportation & Logistics
- Food & Beverages
- Rest of Europe
- ABB Ltd.
- Fanuc Corporation
- Robotic Vision Technologies, Inc.
- iRobot Corporation
- MVTec Software GmbH
- Pick-it N.V.
- Recognition Robotics Inc.
- Vision Nerf S.A.
- Nachi Robotic Systems, Inc.
- KUKA Robot Group
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