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Vision Guided Robotics Market size is set to grow by USD 5.76 billion from 2024-2028, decline in electronic component prices boost the market, Technavio

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NEW YORK, June 19, 2024 /PRNewswire/ — The global vision guided robotics market size is estimated to grow by USD 5.76 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 12.14%  during the forecast period. Decline in electronic component prices is driving market growth, with a trend towards 3d-multi imaging and image scanning. However, battery life  poses a challenge. Key market players include ABB Ltd., Acieta LLC, Atlas Copco AB, Basler AG, Cognex Corp., Cross Co., DENSO Corp., FANUC Corp., GECKO ROBOTICS INC., General Electric Co., Invert Robotics Group Ltd., IPG Photonics Corp., Keyence Corp., OMRON Corp., Pleora Technologies Inc., Previan Technologies Inc., Qualitas Technologies Pvt. Ltd., Robotic Automation Systems, Teradyne Inc., and Yaskawa Electric Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Vision Guided Robotics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.14%

Market growth 2024-2028

USD 5761.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.49

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key countries

China, US, Japan, Germany, and South Korea

Key companies profiled

ABB Ltd., Acieta LLC, Atlas Copco AB, Basler AG, Cognex Corp., Cross Co., DENSO Corp., FANUC Corp., GECKO ROBOTICS INC., General Electric Co., Invert Robotics Group Ltd., IPG Photonics Corp., Keyence Corp., OMRON Corp., Pleora Technologies Inc., Previan Technologies Inc., Qualitas Technologies Pvt. Ltd., Robotic Automation Systems, Teradyne Inc., and Yaskawa Electric Corp.

Market Driver

ai_trending_factor_new 

Vision Guided Robotics Market: This market encompasses robots equipped with cameras and sensors, utilizing advanced vision systems for pathfinding and object identification. Industrial trends drive the shift towards more independent robots, with the evolution from 2D to 3D vision systems. Vision Guided Robotics systems enhance production efficiency and ensure product quality by accurately identifying objects, even those randomly placed. Flexible robots, powered by advanced controllers, are increasingly adopted across various industries, including Automobile, Electrical & electronics, Healthcare & pharmaceutical, Aerospace & defense, Food & beverage, due to the need for automation, rising labor costs, labor safety concerns, and the ability to operate in hazardous environments and rough terrains. The technology’s flexibility, components, and hardware & software solutions contribute to cost savings, reduced complexity, and the elimination of customized tooling and setup processes. However, the market faces challenges such as rising energy costs and operational expenditure. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

ai_dominating_segment_factor_newVision guided robotics are a significant advancement in industrial automation, reducing operational costs, enhancing work efficiency, and ensuring higher precision in various industry verticals, including automobile, electrical & electronics, healthcare & pharmaceutical, aerospace & defense, food & beverage, and more. These robots, which are mostly battery-powered, offer flexibility and autonomy, making them ideal for warehousing and logistics. However, the need for longer battery life to support increased flexibility and diverse applications remains a challenge. This market trend is driven by rising labor costs, labor safety concerns, and the need for automation in hazardous environments and rough terrains. Additionally, customized robots are increasingly being adopted to address specific industry needs. Despite the rising energy costs and operational expenditure, investment pockets exist in this market due to the benefits offered.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This vision guided robotics market report extensively covers market segmentation by  

Application 1.1 Logistics1.2 Welding1.3 Inspection and cleaning1.4 PaintingType 2.1 2D-Vision2.2 3D-VisionGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Logistics-  In the diverse industries of food and beverage, warehouse and logistics, and others, the rising costs and energy consumption have necessitated increased investment in advanced technologies to enhance production efficiency and reduce human errors. Vision Guided Robotics (VGR) Market has emerged as a promising solution, integrating cameras, sensors, feedback indication, and robot controllers to enable robots to identify target locations and navigate complex production processes. VGR systems, utilizing vision-guided robotics technology, facilitate flexible robots in understanding the shape, size, and position of objects, thereby minimizing wastage of resources and improving quality. The integration of hardware components like cameras, actuators, and software solutions in VGR systems offers significant benefits to various industry verticals, including automobile manufacturing, by streamlining production processes and reducing the need for fixed tooling and design set up. Despite the initial cost and complexity, the long-term benefits of VGR systems make them a valuable investment for industries seeking to optimize their production processes and minimize human intervention.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

In the dynamic and evolving landscape of robotics technology, Vision Guided Robotics (VGR) has emerged as a significant trend, revolutionizing industrial automation. VGR systems integrate advanced cameras and sensors, providing robots with the ability to identify and navigate towards target locations with precision. Feedback indication and robot controllers ensure seamless operation. VGR finds extensive applications in various industry verticals, including Automobile, Electrical & electronics, Healthcare & pharmaceutical, Aerospace & defense, and others. Robots equipped with VGR technology address labor safety concerns, operate in hazardous environments, and traverse rough terrains. However, rising costs, particularly energy costs, necessitate the optimization of resources and the utilization of efficient Software solutions.

Market Research Overview

The Vision Guided Robotics market refers to the use of computer vision technology in robotic systems to enhance their capabilities and improve precision in various industries. These robots utilize cameras and artificial intelligence algorithms to identify objects, navigate environments, and perform tasks autonomously. The market for Vision Guided Robotics is growing rapidly due to the increasing demand for automation and the need for higher productivity in manufacturing, logistics, and other sectors. The technology offers benefits such as flexibility, improved accuracy, and reduced human intervention, making it an essential component of modern industrial processes. Applications of Vision Guided Robotics include pick-and-place operations, assembly, inspection, and quality control. The future of this market looks promising, with advancements in AI and machine learning expected to drive further innovation and growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationLogisticsWeldingInspection And CleaningPaintingType2D-Vision3D-VisionGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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USGS Selects Woolpert to Provide Elevation-Derived Hydrography Across Northwest and Central Ohio

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The data will be used to support the 3D Hydrography Program and advance statewide flood mitigation efforts.

DAYTON, Ohio, Nov. 13, 2024 /PRNewswire-PRWeb/ — The U.S. Geological Survey has selected Woolpert to process and delineate elevation-derived hydrography (EDH) across Northwest and Central Ohio in support of the 3D Hydrography Program (3DHP).

“Engineers, natural resource managers, and other state agencies will be able to utilize this new, highly accurate data for mapping, modeling, and analyzing surface water and flow patterns.”

3DHP is the first systematic remapping of U.S. hydrography since the original USGS 1:24,000-scale topographic mapping program was active, which included the National Hydrography Dataset (NHD). Maps were produced by USGS at that scale as early as 1904, with revisions made until 2006. 3DHP uses updated, high-accuracy elevation data collected as part of the 3D Elevation Program (3DEP).

Under this task order, Woolpert will process 1,439 square miles of previously collected Quality Levels 1 and 2 lidar data to produce new, highly detailed EDH data for the designated area of interest spanning the Scioto River and Big Darby Creek. Woolpert acquired that lidar data under multiple 3DEP contracts between 2018-2021.

“The EDH team at Woolpert is excited to support our partners at the USGS on yet another 3DHP project, especially one so close to home for many of our staff in Ohio,” Woolpert Project Manager Matt Worthy said. “Building on our previous efforts in Alaska, Oregon, Tennessee, and Idaho, and through technical exchanges with other groups within Woolpert such as the 3DEP lidar team and multiple geospatial teams that leverage artificial intelligence and machine learning, this team continues to identify innovative solutions which improve the quality of the data for our clients.”

Woolpert Vice President and Program Director Brian Stevens said that the EDH data will be used to define and model Ohio’s rivers, tributaries, and floodplains, helping support and advance statewide flood mitigation efforts. The project is being funded by the Ohio State Office of Natural Resources Conservation Service.

“Engineers, natural resource managers, and other state agencies will be able to utilize this new, highly accurate data for mapping, modeling, and analyzing surface water and flow patterns,” Stevens said. “From reengineering roadways to prevent flooding and improving drainage surrounding agricultural areas and farmland, this new data and the efforts of the 3D Hydrography Program are critical to improving Ohio’s flood-risk management and planning efforts.”

The data is expected to be delivered in spring 2025. This contract is underway.

About Woolpert
Woolpert is the premier architecture, engineering, geospatial (AEG), and strategic consulting firm, with a vision to become one of the best companies in the world. We innovate within and across markets to effectively serve public, private, and government clients worldwide. Woolpert is a Global Top 100 Geospatial Company, a Top 100 ENR Global Design firm, has earned seven Great Place to Work certifications, and actively nurtures a culture of growth, inclusion, diversity, and respect. Founded in 1911 in Dayton, Ohio, Woolpert has been America’s fastest-growing AEG firm since 2015. Woolpert has over 2,700 employees and more than 60 offices on five continents. For more, visit woolpert.com.

Media Contact

Lynn Rossi, Woolpert, 312-837-2017, lynn.rossi@woolpert.com, www.woolpert.com

View original content:https://www.prweb.com/releases/usgs-selects-woolpert-to-provide-elevation-derived-hydrography-across-northwest-and-central-ohio-302304333.html

SOURCE Woolpert; Woolpert

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Stealth Streams Announces Breakthrough AI-Driven Affiliate Marketing Platform

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BRENTWOOD, England, Nov. 13, 2024 /PRNewswire/ — In a bold move to revolutionize affiliate marketing, industry leader Mark Ling has unveiled Stealth Streams, a cutting-edge platform powered by AI. Designed to simplify the complexities of affiliate marketing, Stealth Streams offers a streamlined solution for users seeking to build scalable online businesses.

Discover Stealth Streams’ innovative features, automation capabilities, benefits, and policies, and read testimonials from actual users by visiting the official website https://stealthstreams.com.

The Role of AI in Transforming Affiliate Marketing

The affiliate marketing sector is undergoing a significant transformation with the integration of AI technology. Platforms like Stealth Streams lead this evolution by automating time-consuming tasks such as content creation, niche research, and traffic generation.

Stealth Streams provides users with tools that simplify the traditionally complex process of affiliate marketing, enabling them to focus on strategic growth. By leveraging AI, it eliminates technical barriers, making affiliate marketing accessible even to those without prior experience.

Key Features of Stealth Streams

Stealth Streams offers a fully automated website platform, providing users with pre-built, SEO-optimized websites designed for high-converting niches. This eliminates the need for technical expertise, allowing users to start with a strong foundation. The platform’s AI-driven content creation tools streamline the process of generating professional content, from blog posts to product reviews, enabling users to maintain a consistent online presence without dedicating excessive time or resources.

The program also includes comprehensive training modules that span 8 weeks. These modules cover everything from the fundamentals of affiliate marketing to advanced strategies for scaling and optimizing revenue streams. Stealth Streams’ traffic generation system emphasizes free, organic methods, helping users attract high-quality traffic without relying on expensive paid advertising.

In addition to its tools and training, Stealth Streams provides robust community and coaching support. Users gain access to regular live sessions and a network of peers and experts who offer continuous guidance and encouragement, fostering an environment of collaborative learning and growth.

Independent Perspectives and User Feedback

Early adopters and beta testers have shared overwhelmingly positive experiences with Stealth Streams. One reviewer remarked, “Stealth Streams offers a comprehensive suite of tools that make affiliate marketing more approachable. It’s a great platform for learning and applying modern strategies.”

Another beta tester highlighted the ease of use: “The AI-driven content tools and pre-built websites save an incredible amount of time, allowing me to focus on scaling my business quickly.”

These testimonials reinforce Stealth Streams’ reputation as a valuable resource for both novice and experienced marketers.

Mark Ling: The Visionary Behind Stealth Streams

Mark Ling is a seasoned entrepreneur and a leading figure in the affiliate marketing space. His past successes include developing platforms such as Affilorama, which has helped thousands of marketers succeed.

Mark’s dedication to innovation and education is evident in Stealth Streams, which he describes as a next-generation platform designed to simplify and enhance affiliate marketing for users worldwide.

For more insights into Mark Ling’s career and contributions, visit his LinkedIn.

Conclusion

Stealth Streams is a game-changer in the affiliate marketing industry. Combining AI-powered automation with a robust educational framework provides a comprehensive solution for users aiming to build and scale profitable online businesses.

For more information about Stealth Streams, visit the official website at https://stealthstreams.com.

About STEALTH ADVERTISING LIMITED

Stealth Advertising Limited is a leading content distribution and media strategy firm based in Brentwood, Essex, United Kingdom. We help brands amplify their stories and connect with target audiences through strategic, newsworthy campaigns. Our services include press release distribution, multimedia integration, and media consulting.

Contact:
contact@stealthstreams.co.uk
The Granary 4-6 Crescent Road, Warley, Brentwood, Essex, CM14 5JR

Photo: https://mma.prnewswire.com/media/2556855/Stealth_Streams.jpg

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1-800-STRIPER® Set To Paint The Town: Budget-Friendly Paved Lot Maintenance Comes To Atlanta

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ATLANTA, Nov. 13, 2024 /PRNewswire/ — On September 16, the newest 1-800-STRIPER® franchise rolled out in Atlanta OTP North, bringing business and property owners an affordable way to restore commercial and industrial parking lots – as well as plenty of other paved areas.

1-800-STRIPER® was founded more than 25 years ago on the belief that businesses don’t need to spend a fortune on parking lot repairs and maintenance to make a good impression. Often, a fresh set of lines is all that’s needed.

The striping company offers customized layouts for parking lots and paved areas, ensuring ADA compliance, safety, and proper traffic flow. In addition, they provide layout and line painting for sports courts, interior markings for parking garages and factories, and temporary solutions for special events and construction sites.

The 1-800-STRIPER® concept began in 1999 when founder Luke Menear saw an unmet need in the industry. After working for a pavement maintenance company for just a few weeks, he noticed many property owners were spending large amounts of money on unnecessary maintenance when a few freshly painted lines would yield the same results. He purchased the company’s striping equipment and set out to make his vision a reality, providing quick, budget-friendly solutions for keeping parking lots safe and attractive. More than two decades and over a million lines later, the company continues to build the trust of its customers through fast, friendly service, and excellent results.

1-800-STRIPER® of Atlanta OTP North owner Ilan Kopecky is looking forward to continuing the company’s superior customer service and quality standards. “After spending 23 years in software and SaaS sales, I recognized a significant opportunity to modernize an age-old industry,” Kopecky said. “The launch of our 1-800-STRIPER® franchise in Atlanta is not just about offering top-tier striping services; it’s about applying the innovative, customer-focused principles I’ve honed over two decades in tech. In a business traditionally built on handshakes and word-of-mouth, I aim to introduce a fresh approach that emphasizes transparency, efficiency, and exceptional service. We’re excited to redefine the standards of this industry in Atlanta, and we can’t wait to show the community what’s possible!”

Area business and property owners looking for a budget-friendly option for maintaining paved areas can call 404-835-9809 or visit https://1800striper.com/location/striper-of-north-atlanta/ to set up a free estimate.

View original content:https://www.prnewswire.com/news-releases/1-800-striper-set-to-paint-the-town-budget-friendly-paved-lot-maintenance-comes-to-atlanta-302296745.html

SOURCE 1-800-STRIPER® of Atlanta OTP North

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