Robotic camera systems market is anticipated to grow at a CAGR of 9.8% during the forecast period. The market growth is attributed to factors such as technical advancement and the growing demand for the digital camera to automatically shoot images of cutting tools’ edges at a high speed and high accuracy, while saving the graphic data of those images. Thus, the key players are also focusing on incorporating the automate visual inspections of cutting tools. For instance, in December 2022, Nidec Machinetool Corp., launched two new robot cameras for hobbling and broaching machines to help automate visual inspections of cutting tools. Robot Camera SPEED, visual inspection equipment for cutting tools to process gears and other components, and Robot Camera MAX, visual inspection equipment for broaching machines.
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The global robotic camera systems market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific regional market is expected to grow considerably over the forecast period, owing to the increasing digitization coupled with the growing industries such as the healthcare industry, electronics industry, and automotive industry.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Robotic Camera Systems Market Report Segment
By Type
- Medium
- Large
By Technology
- 2D Vision
- 3D Vision
By End User Industry
- Automotive & Transportation
- Electronics & Electric
- Aerospace& Defense
- Food and Beverages
- Pharmaceutical
- Others (Chemical, Manufacturing)
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotic camera systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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