{"id":20093,"date":"2023-07-20T07:43:47","date_gmt":"2023-07-20T07:43:47","guid":{"rendered":"https:\/\/www.orbbec.com\/?post_type=news&#038;p=20093"},"modified":"2023-08-14T09:41:06","modified_gmt":"2023-08-14T09:41:06","slug":"industry-leader-orbbec-3d-camera-taking-the-1st-market-share-over-70-in-service-robot-industry","status":"publish","type":"news","link":"https:\/\/www.orbbec.com\/staging\/news\/industry-leader-orbbec-3d-camera-taking-the-1st-market-share-over-70-in-service-robot-industry\/","title":{"rendered":"Orbbec 3D Cameras Dominate the Chinese Service Robot Industry with Over 70% Market Share"},"content":{"rendered":"<p>According to a recent industry report by GGII, a leading Chinese robotics research firm, Orbbec has attained over 70% market share in the 3D vision sensor segment for service robots in China. This positions Orbbec as the dominant provider in this rapidly growing market.<\/p>\n<p>The GGII report forecasts strong continued expansion of China&#8217;s service robot industry. Production reached 102,400 units in 2022, up 30.6% year-over-year. Analysts predict a compound annual growth rate exceeding 27% over the next few years, with output potentially reaching 270,000 units by 2026.<\/p>\n<p>As service robots typically utilize 2 to 4 sensors, with 3D vision as the primary modality, sensor demand is expected to rise in tandem. GGII projects 3D sensor unit demand will grow at over 30% annually, reaching nearly 800,000 units in 2026. They estimate 3D sensors will comprise close to 80% of this total.<\/p>\n<p>According to the report, Orbbec has established itself as a leading global supplier of 3D perception solutions over the past 7 years, providing a diverse portfolio of 3D vision products including structured light, time-of-flight, and LiDAR sensors.<\/p>\n<p>Orbbec has cultivated partnerships with over 100 robotics companies in China, working with many established players across a wide variety of service robot applications. These collaborations demonstrate Orbbec&#8217;s experience and reputation within the industry.<\/p>\n<p>While continuing to address current market needs, the report notes that Orbbec maintains a long-term technology vision focused on emerging intelligent and autonomous robotics. Their expertise in 3D perception aims to enable the next generation of embodied AI robots.<\/p>\n<p>In summary, through technical leadership and strategic partnerships, Orbbec has achieved a commanding position supplying essential 3D vision components for China&#8217;s rapidly expanding service robot market. The company appears well-poised to maintain market leadership as adoption of embodied intelligent robots continues to accelerate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent industry report by GGII, Orbbec has attained over 70% market share &#8230;<\/p>\n","protected":false},"featured_media":20095,"template":"","section":[74,73],"class_list":["post-20093","news","type-news","status-publish","has-post-thumbnail","hentry","section-homepage","section-press-release"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Orbbec 3D Cameras Dominate the Chinese Service Robot Industry with Over 70% Market Share - ORBBEC - 3D Vision for a 3D World<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orbbec 3D Cameras Dominate the Chinese Service Robot Industry with Over 70% Market Share - 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