Global 2D Machine Vision Market is expected to reach USD 5,816.79 million by 2025 and is projected to register a CAGR of healthy rate in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Segmentation: Global 2D Machine Vision Market
Global 2D Machine Vision Market
• By Component (Lighting, Lenses, Image Sensor, Vision Processing),
• By Application (Inspection, Gauging, Pattern Recognition, Identification, Location Analysis),
• By Platform (Standalone Vision Systems, Vision Sensors, Image Based Barcode Readers, Vision Controllers, Pc-Based),
• By Industry (Automotive, Semiconductor and Electronics, Food, Plastic, Metal, Healthcare, Logistic, Printing, Wood, Aerospace and Defense),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
Drivers: Global 2D Machine Vision Market
The major factors contributing to the growth of the market includes factors such as increase in smartphone usage and increasing need for quality inspection in various industries in 2D machine vision systems.
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INCREASE IN SMARTPHONE USAGE
The increase in the number of smartphones and tablets is driving the 2D machine vision market. In aspect of day to day functionality of smartphones, customers in the market expect more and more improvements. These advancements in smart phone require smaller and more complex components, resulting in a need for more accurate manufacturing of hardware components which brings high performance.
To increase the functionalities of smart phones, more powerful processors are required. This means higher density chips, smaller components and, among others, changes in packaging. High-resolution cameras combined with high speeds that make full use of select image sensors provide the images required for inspection and of the latest generation devices that go inside your latest smart phones and tablets.
• The image sensor design must be able to handle these high frame rate speeds within a critical timing tolerance to reliably produce quality images. This makes it easy and automated. Machine vision incorporated in smartphone cameras make it portable and affordable to the common people.
INCREASING NEED FOR QUALITY INSPECTION IN VARIOUS INDUSTRIES
In automation, 2D machine vision products are required robust, flexible and precise. In automation, 2D machine vision is the technology for automation to detect objects, analyse distance and others. Quality control is the final process in any industry and it has utmost importance. Sorting of the automotive castings, parts, and identifying and unloading of parts from pallets are important applications.
• The 2D machine vision helps in quality inspection by enabling faster, more efficient, production thus increasing quality of goods. 2D machine vision technology utilizes image processing techniques for the purpose of extracting visual features about an object for a variety of qualitative, quantitative and control applications.
• In pharmaceutical industry and food industry, vision system also can help the analysis of the nozzle-plates, and monitoring production process. It also provides online inspection and image inspection options. Parts identification and classification are one of the most important applications of 2D machine vision system.
• Quality inspection systems are used for assuring complete assembly, checking positions, inspecting measurements and contours, recognizing parts, and for verifying article or production codes. These fully automated systems are based on standard modules which help in quality control.
Major Players: Global 2D Machine Vision Market
Some of the major players operating in this market are Cognex Corporation, OMRON Corporation, National Instruments Corporation, SICK AG, Ballufff GmBH, Jadak, Omron Microscan Systems, Inc. among others.
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