At 13.7% CAGR, Middle East & Africa Vision Guided Robotics Software Market is Projected to be Worth US$ 430.69 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa vision guided robotics software market was valued at US$ 154.31 million in 2022 and is expected to reach US$ 430.69 million by 2030, registering a CAGR of 13.7% from 2022 to 2030. Integration of vision guided robots across industries and advancements in artificial intelligence in logistics are among the critical factors attributed to drive the Middle East & Africa vision guided robotics software market growth.

Vision guided robotics software is experiencing significant demand across applications such as arc welding, cutting, assembly, navigation, palletizing, machine tending, random bin picking, and collaborative robots. The demand for automation across industries is continually rising in developed and developing regions. With technological advancements in robotics, the customization of products for specific applications to enhance work flexibility among enterprises is increasing. From a safety point of view, these machines are highly reliable, allowing the company to increase its productivity and, ultimately, competitiveness in the market. For instance, automobile manufacturers are actively focusing on integrating vision-equipped robotic systems to safeguard the correct placement of vehicle closures such as hoods, windshields, doors, and trunk lids. The robots are installed across the production line to pick up and place everything accurately to install car parts from roof panels to windshields and load them onto the car body's framework. The vision system made it easy for the system designers to deploy cars accurately and precisely. Manufacturers are inclining toward 3D vision technology to simplify operations.

On the contrary, lack of skilled operators in emerging economies hurdle the growth of Middle East & Africa vision guided robotics software market.

Based on type, the Middle East & Africa vision guided robotics software market is bifurcated into mobile robot and fixed robot. The fixed robot segment held 72.2% market share in 2022, amassing US$ 111.40 million. It is projected to garner US$ 303.60 million by 2030 to register 13.4% CAGR during 2022-2030.

In terms of technology, the Middle East & Africa vision guided robotics software market is bifurcated into 2D vision guided and 3D vision guided. The 2D vision guided segment held 64.8% share of Middle East & Africa vision guided robotics software market in 2022, amassing US$ 99.98 million. It is anticipated to garner US$ 270.25 million by 2030 to expand at 13.2% CAGR during 2022-2030.

Based on application, the Middle East & Africa vision guided robotics software market is categorized into arc welding, assembly, cutting, palletizing & machine tending, navigation, random bin picking, collaborative robots, and others. The collaborative robots segment held 24.0% share of Middle East & Africa vision guided robotics software market in 2022, amassing US$ 37.04 million. It is predicted to garner US$ 112.44 million by 2030 to expand at 14.9% CAGR between 2022 and 2030.

In terms of vertical, the Middle East & Africa vision guided robotics software market is categorized into automotive, electrical & electronics, aerospace, healthcare, transportation & logistics, food & beverages, and others. The electrical & electronics segment held 26.1% share of Middle East & Africa vision guided robotics software market in 2022, amassing US$ 40.32 million. It is projected to garner US$ 105.28 million by 2030 to expand at 12.7% CAGR from 2022 to 2030.

Based on country, the Middle East & Africa vision guided robotics software market is categorized into South Africa, the UAE, Saudia Arabia, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 41.4% share of Middle East & Africa vision guided robotics software market in 2022. It was assessed at US$ 63.95 million in 2022 and is likely to hit US$ 193.27 million by 2030, registering a CAGR of 14.8% during 2022-2030.

Key players operating in the Middle East & Africa vision guided robotics software market are Fanuc Corp, Siemens AG, OMRON Corp, ABB Ltd, and Cognex Corp, among others.

• In 2023, OSARO (a global leader in machine-learning-enabled robotics for e-commerce) welcomed Cognex Corporation (the leader in industrial machine vision) into the OSARO Partners Alliance-an ecosystem of expertise to deliver optimal automation solutions to customers. By integrating Cognex DataMan fixed-mount, image-based barcode readers into the OSARO Robotic Bagging System, OSARO solved a difficult technical challenge for Zenni Optical.
  
  
• In 2023, ABB Robotics extended the scope of its free Wizard Easy Programming software to include its six-axis industrial robots powered by an OmniCore controller and its collaborative robots. This makes ABB the first robot manufacturer to offer an easy-to-use, no-code programming tool for cobots and six-axis industrial robots, lowering barriers to automation for new users and offering ecosystem partners and integrators an efficient tool to support their customers.
  
  

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