Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor), Software (Deep Learning and Traditional software)), Product (PC Based and Smart Camera Based), Application, End-User Industry - Global Forecasts to 2024

Publisher Name :
Date: 10-May-2019
No. of pages: 174
Inquire Before Buying

“Machine vision market to grow at 7.1% CAGR from 2019 to 2024”

The machine vision market is expected to reach USD 14.0 billion by 2024 from USD 9.9 billion in 2019—at a CAGR of 7.1% from 2019 to 2024. Machine vision helps in improving quality and operational efficiency in the automotive, electronics & semiconductor, consumer electronics, glass, metals, wood & paper, and pharmaceutical industries. Machine vision technology is also used to automate the production process, increase production speed, and improve product quality. The growing demand for artificial intelligence plays a significant role in the growth of the machine vision market. In addition, the growing trend of Industry4.0 in emerging economies of the world is also expected to propel the growth of the machine vision market during the forecast period.

“Smart camera-based machine vision system to grow at higher CAGR than PC-based system during forecast period”

A smart camera is an intelligent camera that is capable of performing supplementary functions in addition to capturing images. It is capable of integrating optics, illumination, image capturing, and image processing. It can also perform multiple functions without manual assistance by utilizing a processor and computational intelligence. Smart camera-based systems are more cost-effective, compact in size, and easy to use than the PC-based systems and are hence mainly used for quality assurance and inspection applications in industries involved in mass production, such as automotive and consumer electronics.

“Food & packaging end-use industry to grow at highest CAGR from 2019 to 2024”

The food industry provides several opportunities for the machine vision market, and several companies have responded by developing application-specific solutions in the areas of grading, sorting, portioning, processing, and quality checking during processing and packaging. Machine vision systems help in the sorting of tea leaves, vegetables, or fruits. The systems are pre-trained with the required algorithms, which help them understand characteristics such as size, stage of growth, and variety. Machine vision helps in the inspection of packaging processes and reduction of errors by carrying out multiple inspections at a single time.

“APAC likely to witness highest growth in overall market during forecast period”

The machine vision market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is expected to provide ample growth opportunities for the machine vision market since it is considered a manufacturing hub for most industries. China is an ideal destination for production units of various industries, including electronics and automotive. The machine vision market in China is expected to witness a higher growth than in other APAC countries owing to the increasing demand for automation in the country. In addition, the labor cost in China is increasing year on year. Therefore, companies based in China are focusing on using automation systems to reduce production costs. These factors are driving the growth of the machine vision market in China.

Break-up of the profiles of primary participants is as follows:


  • By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%

  • By Designation: C Level – 20%, Director Level – 12%, Manager – 30%, Others – 38%

  • By Region: North America – 25%, Europe – 22%, APAC – 29%, and RoW – 24%


Cognex Corporation (US), Basler AG (Germany), Omron Corporation (Japan), Keyence Corporation (Japan), National Instruments (US), Sony Corporation (Japan), Teledyne Technologies, Inc. (US), Allied Vision Technologies GmbH (Germany), Texas Instruments, Inc. (US), Intel Corporation(US), Baumer Optronic GmbH (Germany), JAI A/S (Denmark), MVTec Software (Germany), Tordivel AS (Norway), ISRA VISION (Germany), Sick (Germany), and FLIR Systems (US)are some of the players operating in the machine vision ecosystem.

Research Coverage:

This research report segments the machine vision market based on component, application, product, end-use industry, and geography. The report discusses major drivers, restraints, challenges, and opportunities pertaining to the machine vision market and also includes value chain analysis of this industry.The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall machine vision market and the sub segments. It is also likely to help stakeholders understand the competitive landscape and gain more insights to better position their businesses as well as to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor), Software (Deep Learning and Traditional software)), Product (PC Based and Smart Camera Based), Application, End-User Industry - Global Forecasts to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 Major Secondary Sources
2.1.2.2 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews With Experts
2.1.3.2 Breakdown of Primaries
2.1.3.3 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Machine Vision Market, 2015–2024 (USD Million)
4.2 Machine Vision Market, By Product
4.3 Machine Vision Market in APAC, By End-Use Industry and Country
4.4 Machine Vision Market, By Region
4.5 Machine Vision Market, By Application

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Need for Quality Inspection and Automation
5.2.1.2 Growing Demand for Vision-Guided Robotic Systems
5.2.1.3 Increasing Adoption of 3D Machine Vision Systems
5.2.1.4 Increase in Manufacturing of Hybrid and Electric Cars
5.2.2 Restraints
5.2.2.1 Varying End-User Requirements
5.2.2.2 Lack of Flexible Machine Vision Solutions
5.2.3 Opportunities
5.2.3.1 Government Initiatives to Support Industrial Automation
5.2.3.2 Increasing Demand for AI in Machine Vision
5.2.3.2.1 Government Initiatives to Boost Ai-Related Technologies
5.2.3.3 Growing Adoption of Industry 4.0
5.2.3.4 Need for Miniaturization of Cameras and Processors
5.2.3.5 Rising Need for Asics
5.2.4 Challenges
5.2.4.1 Complexity in Integrating Machine Vision Systems
5.2.4.2 Lack of User Awareness About Rapidly Changing Machine Vision Technology
5.3 Value Chain Analysis
5.3.1 R&D
5.3.2 Machine Vision Component Manufacturers
5.3.3 Original Equipment Manufacturers (OEMS)
5.3.4 System Integrators
5.3.5 Resellers and Distributors
5.3.6 End Users

6 Machine Vision Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Cameras
6.2.1.1 Interface Standards
6.2.1.1.1 USB 2.0/USB 3.0
6.2.1.1.2 Camera Link
6.2.1.1.3 GIGE
6.2.1.1.4 Coaxpress
6.2.1.1.5 Others (EMVA-1288, Firewire, Genicam)
6.2.1.2 By Frame Rate
6.2.1.2.1 <25 FPS
6.2.1.2.2 25–125 FPS
6.2.1.2.3 More Than 125 FPS
6.2.1.3 By Format
6.2.1.3.1 Line Scan
6.2.1.3.2 Area Scan
6.2.1.4 By Sensor Type
6.2.1.4.1 CMOS
6.2.1.4.2 CCD
6.2.2 Frame Grabbers
6.2.2.1 Frame Grabbers are Mainly Used for Capturing High-Resolution Images
6.2.3 Optics
6.2.3.1 There is Growing Popularity of 360-Degree Optics and Liquid Lens in Machine Vision
6.2.4 LED Lighting
6.2.4.1 LED Lighting Conditions Enhanced the Image Quality in Such A Way That Some Features Can Get Negated, While Others Get Enriched.
6.2.5 Processors
6.2.5.1 FPGA
6.2.5.1.1 an FPGA Consists of an Array of Programmable Logic Blocks, Which Can Be Configured to Design Desired Logic.
6.2.5.2 DSP
6.2.5.2.1 DSPs Have A Specially Designed Architecture, Which Helps in Fetching Multiple Data and Instructions at the Same Time
6.2.5.3 Microcontrollers and Microprocessors
6.2.5.3.1 Microcontrollers and Microprocessors are Specifically Designed for Real-Time Applications.
6.2.5.4 VPU
6.2.5.4.1 VPU is A Type of AI Accelerator to Fulfill the Growing Need for Faster Processing in Vision-Related Applications.
6.3 Software
6.3.1 Traditional Software
6.3.1.1 Traditional Software Provides A Framework to Develop and Deploy Machine Vision Applications
6.3.2 Deep Learning Software
6.3.2.1 Deep Learning Frameworks Offer Great Flexibility to Program Developers Owing to Their Ability to Design and Train Customized Deep Neural Networks

7 Machine Vision Market, By Product
7.1 Introduction
7.2 PC-Based Machine Vision Systems
7.2.1 PC-Based Machine Vision Systems Have the Ability to Compensate for Unexpected Variations in Certain Tasks.
7.3 Smart Camera-Based Vision Systems
7.3.1 Smart Camera Performs Multiple Functions Without Manual Assistance By Utilizing A Processor and Computational Intelligence.

8 Machine Vision Market, By Application
8.1 Introduction
8.2 Quality Assurance & Inspection
8.2.1 Quality Assurance Application Dominates the Machine Vision Market
8.3 Positioning & Guidance
8.3.1 Robots Plays an Important Role in Positioning and Guidance System in Machine Vision.
8.4 Measurement
8.4.1 Machine Vision Measurement Tools Combined With the Right Optics and Stable Lighting Provide Precision Repeatability to Ensure Manufacturing Accuracy.
8.5 Identification
8.5.1 in Identification, Vision Systems are Used to Read Various Codes and Alphanumeric Characters, Such as Text and Numbers.
8.6 Predictive Maintenance
8.6.1 Predictive Maintenance Can Be Very Useful When There is Machine Downtime.

9 Machine Vision Market, By End-Use Industry
9.1 Introduction
9.2 Automotive
9.2.1 Machine Vision Systems Offer High Accuracy in Critical Activities Such as Bin Picking and Positioning of Parts for Assembly.
9.3 Electronics & Semiconductor
9.3.1 Demand for Machine Vision Systems in the Electronics & Semiconductor Industry is Increasing Because of the Declining Prices of Electronic Chips and the High Production
9.4 Consumer Electronics
9.4.1 3D Machine Vision Systems are Emerging as Powerful Technologies for Electronics Assembly Applications.
9.5.1 Machine Vision Improves Operational Efficiency, Traces Defects, Reduces Wastage, and Provides Detailed Statistical Information.
9.6 Metals
9.6.1 Shortage of Skilled Labour in the Market are the Two Major Factors Responsible for the Increasing Adoption of Machine Vision in the Metals Industry.
9.7 Wood & Paper
9.7.1 Machine Vision Systems Can Work Efficiently in Different Environmental Conditions, Such as Wood Dust, Heat, Smoke, Water, and Chemicals.
9.8 Pharmaceuticals
9.8.1 Stringent Government Regulations and the Increasing Need to Combat Counterfeit Products are Driving the Growth of the Machine Vision Market in This Industry
9.9 Food & Packaging
9.9.1 Food
9.9.1.1 The Machine Vision Systems are Pre-Trained With the Required Algorithms, Which Help Them Understand Characteristics Such as Size, Stage of Growth, and Variety.
9.9.2 Packaging
9.9.2.1 Machine Vision Helps in the Inspection of Packaging Processes and Reduction of Errors By Carrying Out Multiple Inspections at A Single Time.
9.10 Rubber & Plastics
9.10.1 The Machine Vision in Rubber and Plastic Industry Helps in Examine and Evaluate Parts and Determine If the Parts are Good, Bad, Or Undefined.
9.11 Printing
9.11.1 Machine Vision Ensure That the Right Pages are Used in the Right Envelopes
9.12 Machinery
9.12.1 Machine Vision Systems Help in Completing Processes Much Faster and Also Help in Detecting Defects and Validating Quality.
9.13 Solar Panel Manufacturing
9.13.1 Industrial Machine Vision-Based Inspection is an Important Tool for Inspecting the Quality of Solar Panels.
9.14 Textiles
9.14.1 Machine Vision Systems Help Manufacturers Produce High-Quality Textiles While Minimizing the Costs and Maximizing the Profits.

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 The US Offers an Ideal Environment for Innovation, Which has Facilitated Massive Advancements in Machine Vision Technologies and Standards.
10.2.2 Canada
10.2.2.1 Canada is One of the Leading Contributors to the Development of Machine Vision Technologies.
10.2.3 Mexico
10.2.3.1 Mexico is Evolving as A Major Industrial Hub in North America.
10.3 Europe
10.3.1 Germany
10.3.1.1 Increasing Demand for Robots in the Automotive and Electronics Industries is Driving the Growth of the Market for Camera-Based Machine Vision Systems in Germany
10.3.2 UK
10.3.2.1 Manufacturers Based in the UK are Progressively Considering Machine Vision Systems to Improve Their Product Quality and Minimize Waste.
10.3.3 France
10.3.3.1 Government Support Towards Smart Factory Automation is Expected to Boost Machine Vision Market
10.3.4 Italy
10.3.4.1 The Market for Electric Vehicles in Italy is Expected to Boost the Market.
10.3.5 Spain
10.3.5.1 The Growth of the Machine Vision Market in Spain is Driven By Consumer Electronics and Pharmaceuticals Industries.
10.3.6 Rest of Europe
10.3.6.1 The Use of Smart Camera-Based Machine Vision Systems is Expected to Increase in the Region During the Forecasted Period
10.4 Asia Pacific (APAC)
10.4.1 China
10.4.1.1 China is One Off the Fastest Growing Market for Machine Vision
10.4.2 Japan
10.4.2.1 Manufacturers in Japan Have Been Early Adopters of Machine Vision Systems
10.4.3 South Korea
10.4.3.1 South Korea is Among the Leading Manufacturers of Robots in the World.
10.4.4 India
10.4.4.1 The Manufacturing Sector in India is Expected to Grow Further in the Near Future, Which Will Require Automated Quality Check Mechanisms.
10.4.5 Rest of APAC
10.4.5.1 The Use of Machine Vision Systems is Growing Owing to the Continuously Increasing Number of Applications in Various Industries
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.1.1 South America has Significant Potential to Use Machine Vision Systems.
10.5.2 Middle East
10.5.2.1 The Increase in Manufacturing Activities in Israel, the Middle East is A Key Growth Driver for This Market.
10.5.3 Africa
10.5.3.1 Increasing in Food & Beverage, Automotive and Pharmaceutical Industries is Key Driver of Growth of Machine Vision Market.

11 Competitive Landscape
11.1 Overview
11.2 Key Players in the Machine Vision Market
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Dynamic Differentiators
11.3.3 Innovators
11.3.4 Emerging Companies
11.4 Strength of Product Portfolio (25 Companies)
11.5 Business Strategy Excellence (25 Companies)
11.6 Competitive Scenario
11.6.1 Product Launches and Developments
11.6.2 Partnerships, Collaborations, and Agreements
11.6.3 Mergers & Acquisitions

12 Company Profile
12.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
12.1.1 Cognex
12.1.2 Basler
12.1.3 Omron
12.1.4 Keyence
12.1.5 National Instruments
12.1.6 Sony
12.1.7 Teledyne Technologies
12.1.8 Texas Instruments
12.1.9 Intel
12.1.10 Baumer Optronic
12.1.11 JAI A/S
12.1.12 Mvtec Software
12.1.13 Tordivel As
12.1.14 Isra Vision
12.1.15 Sick
12.1.16 Flir Systems
12.2 Startup-Ecosystem
12.2.1 Ametek
12.2.2 Qualitas Technologies
12.2.3 Sualab
12.2.4 Algolux
12.2.5 Clarifai
12.2.6 Cadence Design Systems
12.2.7 Inuitive

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details

List of Tables

Table 1 Assumptions for Research Study
Table 2 Machine Vision Market, By Component, 2015–2024 (USD Billion)
Table 3 Machine Vision Market, By Hardware, 2015–2024 (USD Million)
Table 4 Machine Vision Market for Cameras in Terms of Value and Volume, 2015–2024
Table 5 Machine Vision Market, By Type, 2015–2024 (USD Million)
Table 6 Machine Vision Market for Cameras, By Type, 2015–2024 (Million Units)
Table 7 Machine Vision Market for Cameras, By Interface Standard, 2015–2024 (USD Million)
Table 8 Machine Vision Market for Cameras, By Frame Rate, 2015–2024 (USD Million)
Table 9 Machine Vision Market for Cameras, By Format, 2015–2024 (USD Million)
Table 10 Machine Vision Market for Cameras, By Sensor Type, 2015–2024 (USD Million)
Table 11 Machine Vision Market, By Processor, 2015–2024 (USD Million)
Table 12 Machine Vision Market, By Software, 2015–2024 (USD Million)
Table 13 Machine Vision Market, By Product, 2015–2024 (USD Billion)
Table 14 PC-Based Machine Vision Systems Market, By Region, 2015–2024 (USD Million)
Table 15 PC-Based Machine Vision Systems Market, By End-Use Industry, 2015–2024 (USD Million)
Table 16 PC-Based Machine Vision Systems Market in Automotive Industry, By Region, 2015–2024 (USD Million)
Table 17 PC-Based Machine Vision Systems Market in Consumer Electronics Industry, By Region, 2015–2024 (USD Million)
Table 18 PC-Based Machine Vision Systems Market in Electronics & Semiconductor Industry, By Region, 2015–2024 (USD Million)
Table 19 PC-Based Machine Vision Systems Market in Printing Industry, By Region, 2015–2024 (USD Million)
Table 20 PC-Based Machine Vision Systems Market in Metals Industry, By Region, 2015–2024 (USD Million)
Table 21 PC-Based Machine Vision Systems Market in Wood & Paper Industry, By Region, 2015–2024 (USD Million)
Table 22 PC-Based Machine Vision Systems Market in Food & Packaging Industry, By Region, 2015–2024 (USD Million)
Table 23 PC-Based Machine Vision Systems Market in Rubber & Plastics Industry, By Region, 2015–2024 (USD Million)
Table 24 PC-Based Machine Vision Systems Market in Pharmaceuticals Industry, By Region, 2015–2024 (USD Million)
Table 25 PC-Based Machine Vision Systems Market in Glass Industry, By Region, 2015–2024 (USD Million)
Table 26 PC-Based Machine Vision Systems Market in Machinery Industry, By Region, 2015–2024 (USD Million)
Table 27 PC-Based Machine Vision Systems Market in Solar Panel Manufacturing Industry, By Region, 2015–2024 (USD Million)
Table 28 PC-Based Machine Vision Systems Market in Textile Manufacturing Industry, By Region, 2015–2024 (USD Million)
Table 29 Smart Camera-Based Machine Vision Systems Market, By Region, 2015–2024 (USD Million)
Table 30 Smart Camera-Based Machine Vision Systems Market, By End-Use Industry, 2015–2024 (USD Million)
Table 31 Smart Camera-Based Machine Vision Systems Market in Automotive Industry, By Region, 2015–2024 (USD Million)
Table 32 Smart Camera-Based Machine Vision Systems Market in Consumer Electronics Industry, By Region, 2015–2024 (USD Million)
Table 33 Smart Camera-Based Machine Vision Systems Market in Electronics & Semiconductor Industry, By Region, 2015–2024 (USD Million)
Table 34 Smart Camera-Based Machine Vision Systems Market in Printing Industry, By Region, 2015–2024 (USD Million)
Table 35 Smart Camera-Based Machine Vision Systems Market in Metals Industry, By Region, 2015–2024 (USD Million)
Table 36 Smart Camera-Based Machine Vision Systems Market in Wood & Paper Industry, By Region, 2015–2024 (USD Million)
Table 37 Smart Camera-Based Machine Vision Systems Market in Food & Packaging Industry, By Region, 2015–2024 (USD Million)
Table 38 Camera-Based Machine Vision Systems Market in Rubber & Plastics Industry, By Region, 2015–2024 (USD Million)
Table 39 Smart Camera-Based Machine Vision Systems Market in Pharmaceuticals Industry, By Region, 2015–2024 (USD Million)
Table 40 Smart Camera-Based Machine Vision Systems Market in Glass Industry, By Region, 2015–2024 (USD Million)
Table 41 Smart Camera-Based Machine Vision Systems Market in Machinery Industry, By Region, 2015–2024 (USD Million)
Table 42 Smart Camera-Based Machine Vision Systems Market in Solar Panel Manufacturing Industry, By Region, 2015–2024 (USD Million)
Table 43 Smart Camera-Based Machine Vision Systems Market in Textiles Industry, By Region, 2015–2024 (USD Million)
Table 44 Machine Vision Market, By Application, 2015–2024 (USD Billion)
Table 45 Machine Vision Market in Quality Assurance & Inspection, By Product, 2015–2024 (USD Million)
Table 46 Machine Vision Market in Positioning & Guidance, By Product, 2015–2024 (USD Million)
Table 47 Machine Vision Market in Measurement, By Product, 2015–2024 (USD Million)
Table 48 Machine Vision Market in Identification, By Product, 2015–2024 (USD Million)
Table 49 Machine Vision Market in Predictive Maintenance, By Product, 2015–2024 (USD Million)
Table 50 Machine Vision Market, By End-Use Industry, 2015–2024 (USD Million)
Table 51 Machine Vision Market in Automotive Industry, By Region, 2015–2024 (USD Million)
Table 52 Machine Vision Market in Electronics & Semiconductor Industry, By Region, 2015–2024 (USD Million)
Table 53 Machine Vision Market in Consumer Electronics Industry, By Region, 2015–2024 (USD Million)
Table 54 Machine Vision Market in Glass Industry, By Region, 2015–2024 (USD Million)
Table 55 Machine Vision Market in Metals Industry, By Region, 2015–2024 (USD Million)
Table 56 Machine Vision Market in Wood & Paper Industry, By Region, 2015–2024 (USD Million)
Table 57 Machine Vision Market in Pharmaceuticals Industry, By Region, 2015–2024 (USD Million)
Table 58 Machine Vision Market in Food & Packaging Industry, By Region, 2015–2024 (USD Million)
Table 59 Machine Vision Market in Rubber & Plastics Industry, By Region, 2015–2024 (USD Million)
Table 60 Machine Vision Market in Printing Industry, By Region, 2015–2024 (USD Million)
Table 61 Machine Vision Market in Machinery Industry, By Region, 2015–2024 (USD Million)
Table 62 Machine Vision Market in Solar Panel Manufacturing Industry, By Region, 2015–2024 (USD Million)
Table 63 Machine Vision Market in Textiles Industry, By Region, 2015–2024 (USD Million)
Table 64 Machine Vision Market, By Region, 2015–2024 (USD Billion)
Table 65 Machine Vision Market in North America, By Country, 2015–2024 (USD Million)
Table 66 Machine Vision Market in Europe, By Country, 2015–2024 (USD Million)
Table 67 Machine Vision Market in APAC, By Country, 2015–2024 (USD Million)
Table 68 Machine Vision Market in RoW, By Region, 2015–2024 (USD Million)
Table 69 Product Launches and Developments (2016–2018)
Table 70 Partnerships, Collaborations, and Agreements (2016–2018)
Table 71 Mergers & Acquisitions (2016–2017)

List of Figures

Figure 1 Machine Vision Market Segmentation
Figure 2 Machine Vision Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Cameras Expected to Be the Largest Machine Vision Hardware Component Market Throughout the Forecast Period
Figure 7 Machine Vision Market for Predictive Maintenance Expected to Grow at the Highest Rate Between 2019 and 2024
Figure 8 Machine Vision Market in Food & Packaging Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 9 APAC Accounted for the Largest Share of the Machine Vision Market in 2018
Figure 10 Increasing Demand for Machine Vision in Food & Packaging is Driving the Market Growth
Figure 11 Smart Camera-Based Machine Vision System to Grow at A Higher CAGR Than PC-Based Systems During the Forecast Period
Figure 12 China Estimated to Account for the Largest Share of the Machine Vision Market in APAC in 2019
Figure 13 APAC Estimated to Account for the Largest Share of the Machine Vision Market in 2019
Figure 14 Market for Predictive Maintenance Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Increasing Manufacturing of Hybrid and Electric Cars to Drive the Growth of the Machine Vision Market
Figure 16 Shipment of Industrial Robots, 2012 to 2018
Figure 17 Increasing Demand for Hybrid and Electric Vehicles Between 2020 and 2040
Figure 18 Value Chain Analysis: Maximum Value Added During the Component and Equipment Manufacturing and System Integration Stages
Figure 19 Software Component Expected to Grow at A Higher Rate During the Forecast Period
Figure 20 Smart Camera-Based Machine Vision Systems Expected to Grow at A Higher Rate Than PC-Based Between 2019 and 2024
Figure 21 Machine Vision Market for Predictive Maintenance to Grow at the Highest CAGR During the Forecast Period
Figure 22 Automotive End-Use Industry Estimated to Hold the Largest Size of the Machine Vision Market in 2019
Figure 23 Geographic Snapshot of the Machine Vision Market (2019–2024)
Figure 24 Snapshot of the Machine Vision Market in North America
Figure 25 Snapshot of the Machine Vision Market in Europe
Figure 26 Snapshot of the Machine Vision Market in APAC
Figure 27 Product Launches and Developments Emerged as the Key Growth Strategies Adopted Companies Between 2016 and 2018
Figure 28 Top 5 Players in the Machine Vision Market, 2018
Figure 29 Machine Vision Market (Global) Competitive Leadership Mapping, 2018
Figure 30 Market Evaluation Framework: New Product Development, New Product Launch, and Product Line Expansion Have Fueled Growth and Innovation Between 2016 and 2018
Figure 31 Cognex: Company Snapshot
Figure 32 Basler: Company Snapshot
Figure 33 Omron: Company Snapshot
Figure 34 Keyence: Company Snapshot
Figure 35 National Instruments: Company Snapshot
Figure 36 Sony: Company Snapshot
Figure 37 Teledyne Technologies: Company Snapshot
Figure 38 Texas Instruments: Company Snapshot
Figure 39 Intel: Company Snapshot
Figure 40 Isra Vision: Company Snapshot
Figure 41 Sick: Company Snapshot
Figure 42 Flir Systems: Company Snapshot

  • Global Automatic Depalletizer Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 102
    The global Automatic Depalletizer market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. With The continuous advancement of technologies such as artificial intelligence and machine learning, automatic depalletizers may pay more attention to intelligent development, improving depalletizing efficiency and quality and reducing labor costs through automation and intelligent technology. The ap......
  • Global Assembly Automation Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 93
    An assembly automation system is a dedicated system utilizing mechanized and automated devices for producing goods and performing various functions in an assembly line. Its basic functionality is an organized approach of assembling goods which is partly automated and partly controlled by humans. For this purpose, automated assembly system performs a series of automated operations for combining multiple components into a single unit which can be used as a final product or sub assembly. Generally,......
  • Global Programmable Logic Controller (PLC) Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 115
    A programmable logic controller, PLC, is a digital computer used for automation of typically industrial electromechanical processes, such as control of machinery on factory assembly lines, amusement rides, or light fixtures. PLCs are used in many machines, in many industries. PLCs are designed for multiple arrangements of digital and analog inputs and outputs, extended temperature ranges, immunity to electrical noise, and resistance to vibration and impact. Programs to control machine operation ......
  • Global Programmable Logic Controller (PLC) Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 139
    According to our LPI (LP Information) latest study, the global Programmable Logic Controller (PLC) market size was valued at US$ 13270 million in 2023. With growing demand in downstream market, the Programmable Logic Controller (PLC) is forecast to a readjusted size of US$ 19350 million by 2030 with a CAGR of 5.5% during review period. The research report highlights the growth potential of the global Programmable Logic Controller (PLC) market. Programmable Logic Controller (PLC) are expe......
  • Global Food Automation Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 04-Jan-2024        Price: US 3380 Onwards        Pages: 126
    Market Overview of Global Food Automation market: According to our latest research, the global Food Automation market looks promising in the next 5 years. As of 2022, the global Food Automation market was estimated at USD 8374.66 million, and it's anticipated to reach USD 12686.48 million in 2028, with a CAGR of 7.17% during the forecast years. This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Food Automati......
  • Global Assembly Automation Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 127
    According to our LPI (LP Information) latest study, the global Assembly Automation market size was valued at US$ 51580 million in 2023. With growing demand in downstream market, the Assembly Automation is forecast to a readjusted size of US$ 93820 million by 2030 with a CAGR of 8.9% during review period. The research report highlights the growth potential of the global Assembly Automation market. Assembly Automation are expected to show stable growth in the future market. However, produc......
  • Global Agriculture Automation and Control Systems Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 04-Jan-2024        Price: US 3380 Onwards        Pages: 110
    Market Overview of Global Agriculture Automation and Control Systems market: According to our latest research, the global Agriculture Automation and Control Systems market looks promising in the next 5 years. As of 2022, the global Agriculture Automation and Control Systems market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span from 2018 to 2028, and pr......
  • Global SCADA Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 103
    According to our LPI (LP Information) latest study, the global SCADA market size was valued at US$ 10640 million in 2023. With growing demand in downstream market, the SCADA is forecast to a readjusted size of US$ 16580 million by 2030 with a CAGR of 6.5% during review period. The research report highlights the growth potential of the global SCADA market. SCADA are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain opti......
  • Global Automated Pallet Truck Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 161
    According to our LPI (LP Information) latest study, the global Automated Pallet Truck market size was valued at US$ 4789.3 million in 2023. With growing demand in downstream market, the Automated Pallet Truck is forecast to a readjusted size of US$ 19840 million by 2030 with a CAGR of 22.5% during review period. The research report highlights the growth potential of the global Automated Pallet Truck market. Automated Pallet Truck are expected to show stable growth in the future market. H......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs