Machine Vision Market Global Industry Analysis, size, share and Forecast 2020-2027

The Machine Vision Market report offers comprehensive coverage of all the important factors such as market drivers, leading players, latest trends, revenue, growth rate, volume sales, and consumer insights.

The research report provides detailed information on enterprises on a global and regional level through an all-inclusive analysis and insights into the developments affecting the businesses. It covers an entire overview of the Machine Vision market, including the market share, size, and the projection of the Machine Vision market, within a specific interval of time.

The increasing demand for product inspection & quality assurance, the growing need for vision-guided robotic systems, and the rising manufacturing of hybrid & electric cars are the significant factors that are driving the growth of the global machine vision market. Moreover, the growing penetration of Machine Vision systems and the strong demand for minimum human intervention across numerous end-user industries for maintaining quality will further strengthen the growth of the market. The integration and continuous technological advancements in imaging technology, such as deep learning, machine learning, advanced 360-degree camera, vision processing unit, hybrid sensor, and hyperspectral imaging, followed by the accelerating demand for artificial intelligence, will create innumerable growth opportunities in the market over the forecast period.

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The increasing number of government initiatives to support industrialization, the growing adoption of Industry 4.0, and the rising trend of miniaturization in product design, are some other factors that are contributing to the growth of the machine vision market size. As per the machine vision market research, the lack of flexible machine vision solutions, and the changing requirements of the end-user is the certain factors that hamper the growth of the market.

Competitive Landscape

The notable players in the Machine Vision market include Keyence Corporation, Intel Corporation, Allied Vision Technologies GmbH, Baumer Optronic GmbH, Cognex Corporation, Basler AG, Sony Corporation, Omron Corporation, Texas Instruments, Inc., National Instruments Corporation, Teledyne Technologies, Inc., and Jai A/S, among others.

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Market Segmentation

Machine Vision Market by Deployment:
• General machine vision system
• Robotic cell

Machine Vision Market by Component:
• Hardware
o Camera
 Interface Standards
 Camera Link
 Gige
 USB 3.0
 Coaxpress
 Others
o Imaging Spectrum
 Visible
 Visible +IR/IR
o By Frame Rate
 Less than 25 FPS
 25 to 125 FPS
 More than 125 FPS
o By Format
 Line Scan
 Area Scan
o By Sensor Type
• Frame GrABBer
• Optics
• LED Lighting
• Processor
o Microcontroller and Microprocessor
• Software
o Application Specific
o Deep Learning Software

Machine Vision Market by Product:
• PC-Based Machine Vision Systems
• Smart Camera-Based Vision Systems

Machine Vision Market by Application:
• Quality Assurance & Inspection
• Positioning and Guidance
• Measurement
• Identification
• Predictive Maintenance

Machine Vision Market by End-user Industry:
• Automotive
• Electronics & Semiconductor
• Consumer Electronics
• Glass
• Metals
• Wood & Paper
• Pharmaceutical
• Food & Packaging
• Rubber and Plastic
• Printing
• Machinery/Equipment
• Solar Panel Manufacturing
• Textile

Machine Vision Market by Region:

• North America
o United States of America
o Canada

• Asia Pacific
o China
o Japan
o India
o Rest of APAC

• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

• RoW
o Brazil
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)

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Organization: Noah Research
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Release ID: 88969214