Machine Vision Market to see Rapid Growth by 2031

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.

The global machine vision market is segmented based on the type, application, component 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 during the forecast period due to increase iin the utilization of machine vision in cars to prevent accidents.

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Market Coverage

  • The market number available for – 2023-2031
  • Base year- 2023
  • 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

Machine Vision Market Segmentation

By Type

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

By Application

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

By Component

  • Camera
  • Lenses
  • Lighting Source
  • Processor
  • Software

By Industry Vertical

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

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Regional Analysis

North America                                                                                                            

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

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

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

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