How Computer Vision Is Transforming Robotics

The robotics industry is rapidly growing, with a global market value expected to reach $42.82 billion by 2024 and $65.59 billion by 2028. Computer vision plays a crucial role in various applications within the industry, including object detection and recognition, environmental monitoring and surveillance, visual inspection and quality control, and autonomous navigation. Key challenges faced by the robotics industry include safety standards and regulations, human-robot interaction, cybersecurity risks, cost, complexity, energy efficiency, and ethical and societal implications. Despite these challenges, the industry continues to thrive, driven by innovation in material science, new sensors, compute resources, AI, and computer vision.