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Global Machine Vision Systems and Components Market Size, Share, Development, Growth and Demand Forecast to 2030

  • Publishing: July 2021
  • Report Code: SE10360
  • Available Format: PDF

Machine vision systems are the technologies and processes that are used to provide imaging-based automatic inspection, robot guidance, and process control, for the industrial automation, and consumer electronics industries. Technological advancements in electronics industry, such as miniaturization of electronics component, improvement in the power efficiency of imaging sensors, and higher efficiency of digital signal processors (DSP), have benefited the machine vision system market. With these advancements, the acceptance of machine vision systems and components have increased across various applications, such as safety equipment devices, cameras, encoding and decoding algorithms, traceability applications, such as text verification, ID code reading, label inspection, and mark quality valuation.

The increasing demand for embedded vision, growing use of robotics in automation, and cumulative demand for non-industrial applications (such as medical imaging, intelligence transportation systems, security and surveillance, and logistics) are driving the growth of the machine vision system and component market. In addition, growth of 3D technologies, simplification, improved computer performance, and standardization of components have also benefitted the wide acceptance of the machine vision systems in many consumer applications.

Based on the components, the global machine vision system & component market can be broadly classified, as camera (including analog camera, and digital camera), frame grabber, LED and optics, hardware and software, and others. On the basis of application, the machine vision system market can be classified, as tracking, quality assurance and inspection, location, identification, and measurement. Based on product type, the global machine vision system and components market can be segmented, as PC-based machine vision systems, embedded machine vision systems, and smart camera-based machine vision systems. On the basis of technology, the market can be further categorized into   imaging technology, laser technology, and augmented reality. Based on the end-user, the global machine vision and component market can be divided into automotive, (including assembly verification, print verification, electric controls, dimensional gauging, flaw detection, code reading, brakes), semiconductor (including IR vision technology, robot vision, semiconductor fabrication, macro defects inspection, printed circuit board (PCB) inspection), consumer electronics, glass (including cut plate inspection, interleaving powder coverage measurement, mirrored glass inspection, and others), metal, pharmaceuticals, wood and paper, rubber and plastics, food packaging, printing and others.

North America and Europe accounted for the majority of the machine vision system and components markets, in 2014. The European machine vision system and component market is largely driven by the demand from automotive industries, in Germany, Italy and France. The North American machine vision system and component market is expected to show a moderate growth, during the forecast period. The improvements in the manufacturing industry, post economic slowdown along with high demand of robotics from U.S. is expected to drive the market of the machine vision systems, in this region. Asia Pacific has been recognized as the fastest growing machine vision systems and component market, in 2014. The surging industrialization, along with growing automotive manufacturing industries, is the major growth drivers of the Asia pacific machine vision systems and component market.  U.S., Canada, Germany, U.K., Italy, France, Japan, China, India, Brazil, and South Korea are the leaders of the machine vision systems and component market globally.

Some of the competitors in the machine vision systems & components market, are Vitronic GMBH, Scorpion Vision Ltd., Qualcomm Inc., Point Grey Research Inc., Perceptron Inc., Omron Corporation, National Instruments, Microscan Systems, Machine Vision Technology Ltd., Lumenera Corporation, Keyence Corporation, IDS Imaging Development Systems GmbH, Cypress Semiconductor Corporation, Cognex Corporation, Basler AG, Allied Vision Technologies, and Adept Technology Inc.

 

Report Coverage

  • Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
  • Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
  • Uncovers potential demands in the market
  • Porter analysis identifies competitive forces within the market
  • Provides information on the historical and current market size and the future potential of the market
  • Provides sizes of key regional markets using yardsticks of segments
  • Highlights the competitive scenario of the market and major competitors
  • Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.
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