Machine Vision Market 2017-2022 - Sales Revenue, Grow Pricing and Industry Growth Analysis

Author: Akash Sangshetti

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.

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

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.

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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

TABLE OF CONTENTS

1 MARKET DYNAMICS$ 950.00

1.1 Market Drivers 10

1.1.1 Increasing Miniaturization Of Products 10

1.1.2 Need For Quality Inspection 11

1.1.3 Increasing Standardization 11

1.2 Market Restraints 11

1.2.1 Complexity In Integrating Machine Vision Systems 11

1.3 Market Opportunity 12

1.3.1 Trend Towards Automation 12

1.4 Market Challenges 12

1.4.1 Lack Of Awareness 12

1.5 Supply Chain Analysis 13

1.6 Porter’s Five Forces Analysis 14

2 GLOBAL MACHINE VISION MARKET, BY TYPE$ 1,650.00

2.1 Introduction 16

2.2 1D Machine 18

2.3 2D Machine Vision 20

2.4 3D Machine Vision 22

LIST of TABLES:

TABLE 1 MARKET FACTOR ANALYSIS 15

TABLE 2 GLOBAL MACHINE VISION MARKET, BY TYPE (USD MILLION) (2016-2022) 17

TABLE 3 GLOBAL MACHINE VISION 1D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 19

TABLE 4 GLOBAL MACHINE VISION 2D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 21

TABLE 5 GLOBAL MACHINE VISION 3D MACHINE VISION MARKET, BY REGION (USD MILLION) (2016-2022) 23

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

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