This research report provides insights at various levels of analysis, including industry analysis, market share analysis, and profiles of leading market players. This report also aids in the analysis of target segments by providing insights into emerging and high-growth segments, as well as market conclusions. The market data collectively comprise and discuss the fundamental assessments of the competitive scenarios and strategies of the global Machine Vision Market, including high-growth regions, countries, and their political, economic, and technological contexts. Furthermore, the project report provides insights into historical market values, as well as pricing and cost analysis.
Report Title :
Machine Vision Market Size, Share & COVID-19 Impact Analysis, By Type (1-D Vision System, 2-D Vision System, and 3-D Vision System), By System (PC based, Smart Camera, and Others), By Industry (Semiconductor, Healthcare, Automotive, Manufacturing, and Others), and Regional Forecast, 2023-2030
The Major Key Market Players Covered in this Report:
Cognex Corporation (U.S.), Basler AG (Germany), Omron Corporation (Japan), Keyence (Japan), National Instruments (U.S.), Sony Corporation (Japan), Teledyne Technologies (U.S.), Texas Instruments (U.S.), Intel Corporation (U.S.), ViDi Systems SA (Switzerland)
The Machine Vision market research report provides a thorough examination of the competitive landscape in the industry. It provides an overview of the market’s top players and assists in identifying their major business and revenue-generating strategies, such as recent product launches and key developments. The research report’s conservative estimates forecast the future of market players until 2030.
Report Highlights
The global machine vision market size was valued at USD 9.01 billion in 2022 and is projected to grow from USD 9.68 billion in 2023 to USD 16.82 billion by 2030, exhibiting a CAGR of 8.2% during the forecast period of 2023-2030. The North America dominated the machine vision market with a share of 38.62% in 2022.
Gaining a competitive edge in the Machine Vision Market Share is vital for success, and our special report can help you do just that. This comprehensive report offers in-depth market insights and accurate growth projections, equipping you with the knowledge needed to stay ahead of the competition.
Key Questions Answered in This Report
What was the global Machine Vision Market size in 2024?
What is the expected growth rate of the global Machine Vision Market during 2022-2030?
What are the key factors driving the Global Machine Vision Market?
What is the impact of COVID-19 on the global Machine Vision Market?
What is the distribution of the global Machine Vision Market by Solution?
What is the distribution of the global Machine Vision Market by Service?
What is the distribution of the global Machine Vision Market by technology?
What is the distribution of the global Machine Vision Market by Platform?
What is the distribution of the global Machine Vision Market by application?
What are the key regions in the Global Machine Vision Market?
Who are the key players/companies in the Global Machine Vision Market?
Who are the key players/companies in the Global Machine Vision Market?
Global Machine Vision Market: Regional Segmentation:-
- North America (USA & Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia & Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia & Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC, South Africa & Rest of Middle East & Africa)
The information enclosed in this report is based on both primary and secondary research methodologies. The primary research methodology includes the interaction with service providers, suppliers, and industry professionals. The secondary research methodology includes a meticulous search of pertinent publications like company annual reports, financial reports, and exclusive databases.
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Why You Should Get This Report
- In-depth Market Analysis: Using both qualitative and quantitative data, gain comprehensive insights into market segmentation while accounting for economic and policy factors.
- Regional and country insights: Understand how supply and demand forces influence market growth at the regional and national level.
- Comprehensive Metrics: Access valuable market value (USD) and volume (units) data for each segment and sub-segment.
- Competitive Landscape: Investigate major players’ market shares, as well as their new projects and strategies implemented in the previous five years.
- Company Profiles: Get detailed profiles of top companies, including product offerings, key financial data, recent developments, SWOT analysis, and strategic plans.
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Recent Industry Developments
- German innovator in lighting technology SAC Sirius Advanced Cybernetics GmbH (“SAC”) has been acquired by Cognex. The acquisition broadens Cognex’s reach into sectors like automotive and consumer electronics that produce products quickly and with little tolerance for failures that endanger safety.
- To support the NVIDIA® Jetson OrinTM Nano system-on-modules (SOMs), which have raised the bar for entry-level edge Artificial Intelligence (AI) and robotics, Basler introduced add-on camera kits with 5 and 13 MP.
- The 2-megapixel Optimom from Teledyne e2v is a collection of turnkey optical modules that can be “instantly” integrated into embedded-vision systems. It has a compact board, an FPC connector that is widely used in the industry, an integrated low-noise global shutter image sensor from Teledyne e2v, and supplemental lenses.
- The innovative “VT-S10 Series” PCB inspection system has been released by OMRON Corporation. With the help of this system, high-precision inspection of electronic substrates is automated without the need for specialized knowledge.
- Cognex unveiled its newest line of portable barcode scanners, the DataMan 8700 Series, which is based on a brand-new technology platform. The apparatus offers state-of-the-art performance and is incredibly easy to use, requiring no prior tuning or operator training.
Key competitive advantages in this market include:
- Scalability: the ability to expand services to meet increasing demand.
- Reliability: providing dependable and consistent service.
- Technological Expertise: Deep knowledge and understanding of cutting-edge technologies.
- Customization: offering tailored solutions that meet the unique requirements of clients across various industries.
Conclusion
The global Machine Vision Industry is expected to grow significantly, owing to technological advancements and rising demand for digital solutions. North America has the largest market share, which is supported by significant government investment in research and initiatives. Key revenue-generating segments prioritize innovative products and services that are tailored to the needs of customers. Despite challenges such as high implementation costs and concerns about data security, strategic actions such as alliance formation and geographical expansion are expected to drive growth. Emerging trends, such as artificial intelligence and big data analytics, will continue to shape the market. As businesses prioritize digital transformation, the Machine Vision Market is poised for significant growth, reflecting its dynamic nature.
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Table of Content:
Chapter 1- Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USPs of Report
1.8. Report Description
Chapter 2– Global Machine Vision Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Energy Drink Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Machine Vision Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
TOC Continued……!
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