The Global Machine Vision market is forecasted to rise at a CAGR of 8.07% between the years 2017-2025.
Increasing factory automation, the rise in the number of end-user industries, growing demand for product miniaturization and the potential application of machine vision in Industrial Internet of Things are some of the factors that are propelling the market ahead.
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New product launch and mergers and acquisitions are the major strategies undertaken by the key players of this Machine Vision market. Some of these key players include Allied Vision Technologies GmbH, Baumer Optronic Gmbh, Basler Ag, Cognex Corporation, Datalogic Spa, Jai A/S, Flir System, Keyence Corporation, National Instruments Corporation, Microscan Systems Inc,Omron Corporation, Perceptron Inc, Optotune Ag, Teledyne Technologies Inc and Uss Vision Inc.
The Global Machine Vision market is segmented based on its type, components, end-user industries, and applications. The market by type can be further classified as 1D, 2D and 3D machines.
The market components are further classified into hardware and software. The hardware components include application-specific machine vision (ASMV), sensors, camera, processors, illuminations, and other components.
The end-user industries for the market include automotive, electronic & semiconductor, healthcare, food & packaging, etc. The market finds its application in areas like inspection, guidance, gauging, identification, and others.
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The global machine vision market encompasses regions like North America, Europe, Asia Pacific, and Rest of world. The Asia-Pacific market dominates the global scene with its 36.54% market share.
This market is expected to expand at a CAGR of 9.57% over the forecast period. Countries like Japan, China, Taiwan and South Korea are the chief contributors to this market.
The market finds its application in various commercial sectors of this region.
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Table of Contents:
1. Research Scope
- Research Methodology
- Executive Summary
- Market Dynamics
- Market By Components
- Market By Type
- Market By Application
- Market By End Users
- Key Analytics
- Geographical Analysis
- Company Profiles
List of Tables
List of Figures