The Global Machine Vision Market size is expected to grow from USD 38.5 billion in 2022 to USD 111.37 billion by 2030, at a CAGR of 14.2 % during the forecast period (2023–2030).
The machine vision market refers to the industry involved in the development, production, and deployment of machine vision systems and technology. Machine vision, also known as computer vision, is a multidisciplinary field of artificial intelligence and image processing that enables machines, typically computers, to capture, interpret, and make decisions based on visual information from the real world. This technology is widely used in industrial automation, quality control, robotics, and various other applications.
Players Covered in the Machine Vision market are :
Sony Corporation (Japan), ISRA Vision (Germany), Basler AG (Germany), Intel Corporation (US), Omron Corporation (Japan), Keyence (Japan), National Instruments (US), Teledyne Technologies (US), Cognex Corporation (US), Texas Instruments (US), Sick AG (Germany), FLIR Systems (US) and other players.
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The global Machine Vision System Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Machine Vision System Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region’s growth rate, and market potential are all included in the , Machine Vision System Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Machine Vision System Market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Machine Vision System Market Report:
The machine vision market can be segmented based on various factors, including technology, component, application, industry, and geography. Here are some common segmentation criteria for the machine vision market:
By Offering
· Hardware
· Software
· Services
By Product
· PC Based
· Smart Camera Based
By Application
· Positioning & Guidance
· Predictive Maintenance
· Quality Assurance & Inspection
· Measurement
· Identification
By End-Use Industry
· Automotive
· Food & Beverage
· Packaging & Bottling
· Pharmaceuticals & Chemicals
· Others
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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