Market Scenario
Miniaturization can be considered as a trend of manufacturing smaller, optical and electronic products or devices. Miniaturization can be referred as reduced in size but increase in aptitude. Looking through the current scenario we can see that trend towards small gadgets, smaller sized machines is continuously increasing. Miniaturization of machines is taking rapid footsteps. These miniaturized products have a very complex structure. There is a need of inspecting these miniaturized products. But the inspection of these miniaturized products is beyond the human visual sense. Thus, there is a requirement for more advanced system that can be used for inspection and measurements of miniaturized products.
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The machine vision system successfully substitutes the human visual inspection and judgement capabilities. Machine vision systems use cameras with different functionalities, sensors and image processing for inspections and measurements. The miniaturized products, devices, machines are effectively inspected and measured using machine vision systems.
The global Machine Vision market is expected to reach USD 15.46 billion by the end of 2022 with 8.18% CAGR during forecast period 2017-2022.
Regional Analysis:
Machine Vision Market is growing with the positive growth in all the regions. Increasing application areas year on year and advancement in technology and integration is driving the market on global scale. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific is dominating the global market with more than 30% of market share followed by Europe which stands as second biggest market due to the heavy demand from automotive and healthcare industry. North America stands as third biggest market.
Key Players
The prominent players in the market of Machine Vision Market are – Cognex Corporation (U.S.), Vitronic GmbH (Germany), Perceptron, Inc. (U.S.), Microscan Systems (U.S.), Basler AG (Germany.), National Instruments (U.S.), Optotune AG (Switzerland), USS Vision (U.S.), ViDi Systems SA (Switzerland), Keyence (Japan), Omron Corporation (Japan) among others.
Global Machine Vision Market Structure
By Type
1D Machine
2D Machine Vision
3D Machine Vision
By Application
Inspection
Gauging
Guidance
Identification
Others
By Components
- Hardware
ASMV
Cameras
Sensors
Illuminations
Processors
Others
- Software
By End Users
Automotive
Electronics & Semiconductor
Healthcare
Food & Packaging
Others
By Region
North America
Europe
Asia Pacific
Row
Intended Audience
Data Centers
Manufacturing Companies
Software Developers
Energy Generation Companies
Technology Providers
Distributors
Research firms
Consultancy firms
Semiconductor Manufacturers
Stakeholders
End-user sectors
Technology Investors
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TABLE OF CONTENTS
LIST of FIGURES
FIGURE 1 GLOBAL MACHINE VISION MARKET: DRIVERS & RESTRAINT 10
FIGURE 2 GLOBAL MACHINE VISION MARKET: SUPPLY CHAIN PROCESS 13
FIGURE 3 GLOBAL MACHINE VISION MARKET: PORTER’S FIVE FORCES ANALYSIS 14
FIGURE 4 GLOBAL MACHINE VISION MARKET, BY TYPE 16
FIGURE 5 GLOBAL MACHINE VISION MARKET, BY TYPE (USD MILLION) (2016-2022) 17
FIGURE 6 1D MACHINE VISION SYSTEMS 18
FIGURE 7 GLOBAL MACHINE VISION 1D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 19
FIGURE 8 GLOBAL MACHINE VISION 2D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 21
FIGURE 9 GLOBAL MACHINE VISION 3D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 23
FIGURE 10 MACHINE VISION MARKET, BY APPLICATION 24
FIGURE 11 GLOBAL MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2016-2022) 25
FIGURE 12 GLOBAL MACHINE VISION INSPECTION MARKET, BY REGION (USD MILLION) (2016-2022) 26
FIGURE 13 GLOBAL MACHINE VISION GAUGING MARKET, BY REGION (USD MILLION) (2016-2022) 28
FIGURE 14 GLOBAL MACHINE VISION GUIDANCE MARKET, BY REGION (USD MILLION) (2016-2022) 29
FIGURE 15 GLOBAL MACHINE VISION IDENTIFICATION MARKET, BY REGION (USD MILLION) (2016-2022) 31
FIGURE 16 GLOBAL MACHINE VISION OTHERS MARKET, BY REGION (USD MILLION) (2016-2022) 32
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