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 camera segment is expected to hold a prominent share in the global machine vision market during the forecast period due to the growing execution of cameras in 3D sensing and imaging. For instance, in January 2021, Cognex Corp introduced the In-Sight 3D-L4000 embedded vision system. Featuring 3D laser displacement technology, this first-of-its-kind smart camera provides engineers to perform various inspections on automated manufacturing lines fast, precisely, and cost-effectively. The 3D-L4000 combines patented speckle-free blue laser optics and the broadest range of true 3D vision tools with the flexibility of the In-Sight spreadsheet. Furthermore, In July 2020, Cognex Corporation introduced a new embedded vision system. The In-Sight D900 features Cognex’s ViDi deep learning software inside an industrial-grade smart camera that can be utilized in a broad range of complicated in-line inspection applications, including optical character recognition (OCR) assembly verification and defect detection.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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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