3D Machine Vision Industry 2019 Segmentation, Latest Innovation, Global Market Analysis, Emerging Technology, Key Finding, Growth by Forecast to 2023

3D Machine Vision Industry research report by component, product, application, vertical by Forecast till 2022. 3D machine vision market is expected to grow at 9%CAGR through the forecast period.

Key Players:

Some of the key players in the 3D machine vision market are Canon (Japan), Omron Corporation (Japan) Point Grey Research, Inc. (Canada), Hermary Opto Electronics Inc. (Canada), Coherent, Inc. (U.S.), Cognex Corporation (U.S.), National Instruments (U.S.), Keyence (Japan), Robotic Vision Technology (U.S.) among others.

Market Highlights

3D machine vision was developed to enable automated quality control. It is now being applied much more widely, in concert with automation and machine learning. Quality control has evolved into production optimization systems that detect potential problems at a very early stage, identifying the causes and automatically fixing them on the fly.

Commonly used 3D Machine Vision Market technologies include stereo vision, Time-of-Flight (ToF) scanning and 3D triangulation. With stereo vision, images from two cameras are processed to measure the difference in the images caused by the displacement between the two cameras, enabling the system to accurately judge distances. This takes more processing time than 2D systems, but today’s multi-core processors can easily handle real-time 3D machine vision.

3D triangulation systems use lasers that shine thousands of dots on an object and a camera that precisely locates each dot. The dots, the camera, and the laser form triangles, allowing the system to use trigonometry to calculate the object’s depth even for non-standard sized objects such as multiple parts for an engine component.

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Key Players

Major players in the global 3D machine vision market include Canon (Japan), Cognex Corporation (USA), Coherent Inc. (USA), Hermary Opto Electronics Inc. (Canada), Keyence (Japan), National Instruments (USA), Omron Corporation (Japan), Point Grey Research Inc. (Canada), and Robotic Vision Technology (USA).

Market Segmentation

The global 3D machine vision market segmentation covers application, component, product, and vertical. MRFR is exploring the features of these segments to understand market trends.

Based on application-based segmentation, this market covers measurement, quality assurance & inspection, positioning & guidance, and identification. Regarding product, the market has been segmented into smart camera based products and personal computer (PC) based products. In the context of vertical, the market is being segmented into automotive, consumer electronics, defense, healthcare, logistics, semiconductor, and others.

As per component-based segmentation, the market can be segmented into hardware and software. Hardware segment has been sub-segmented into components like camera, communication devices, computers, control cabinets, and lenses. Softwares are programs installed in computer that can help to transfer pictures in camera into computer.

Regional Segmentation

The regional segmentation of the global 3D machine vision market covers Asia Pacific, North America, Europe, and rest of the world (RoW).

The Asia Pacific is the leading regional market due to rising adoption of automation across all industry verticals. Among verticals, the maximum visibility of market growth is visible in in automotive sector and consumer electronics sector. High density of population in China and India is also contributing to the market growth. Japan is another technologically advanced country-specific market in this region. Revenue from other Asia Pacific countries is also contributing to the market growth.

North America is the second largest regional market due to market receiving support from technologically advanced countries like USA and Canada where most of the important market players are based in. Developed infrastructure in this region also provides rich environment for manufacturing industry that enables market growth. Mexico is the third vital country-specific market in this region.

Europe is the third most important regional market as it is second only to North America, in terms of technological advancement. Europe is also the most populated continent, and thus, a lucrative market. In Europe, the biggest country-specific markets are France, Germany, Italy, Spain, and the UK.

The RoW segment covers Latin countries and the Middle East & Africa (MEA) region. In Latin countries, the technological advancement is slow and limited. Therefore, the market in this region is limited. Among all Latin countries, Argentina and Brazil are two strong economies that have the strongest chances of emerging as key country-specific markets. In the MEA region, the market is limited due to the lack of skilled professionals, and limited availability of internet facilities.

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Latest Industry News
• In a bid to overcome the traditional constraints to 3D printing, MIT startup Inkbit is developing a 3D printer that is powered by artificial intelligence (AI) and machine vision. 13 JUNE 2019

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