Machine Vision Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

The global machine vision market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. Machine Vision Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Machine Vision Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.

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The global machine vision market is segmented based on the type, application, compnent and industry vertical. Based on the type, the market is segmented into one dimension (1D), two dimension (2D), three dimension (3D), area or line scan. Based on the application, the market is sub-segmented into the identification, guidance & positioning, measurement, and quality assurance and inspection. Based on the component, the market is sub-segmented into the camera, lenses, lighting source, processor, and software. Based on the industry vertical, the market is sub-segmented into the automotive, machinery, food & packaging, non-industrial, healthcare, and security & surveillance. The above mentioned segments can be customized as per the requirements. The automotive segment is expected to be the fastest growing segment duing the forecast period due to increase iin the utilization of machine vision in cars to prevent accidents.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Machine Vision Market by Type

  • One Dimension (1D)
  • Two Dimension (2D)
  • Three Dimension (3D)
  • Area or Line Scan

Global Machine Vision Market by Application

  • Identification
  • Guidance and Positioning
  • Measurement
  • Quality Assurance and Inspection

Global Machine Vision Market by Component

  • Camera
  • Lenses
  • Lighting Source
  • Processor
  • Software

Global Machine Vision Market by Industry Vertical

  • Automotive
  • Machinery
  • Food & Packaging
  • Non-Industrial
  • Healthcare
  • Security & Surveillance

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Allied Vision Technologies GmbH
  • Baldwin Technology Company Inc.
  • Basler AG
  • Canon Inc.
  • FRAMOS GmbH
  • INTEL CORP
  • ISRA VISION GmbH
  • IVISYS
  • KEYENCE CORP
  • MVTEC SOFTWARE GMBH,
  • Perceptron, Inc.
  • Sensory Inc.
  • Teledyne Digital Imaging Inc.
  • Texas Instruments Inc
  • USS Vision LLC

The Report Covers

  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global machine vision market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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