Market Overview:

This report presents an extensive evaluation of the Global Machine Vision Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Global Machine Vision Market)

1. Executive Summary
2. Market Definition & Research Methodology
3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
4. Segment Analysis and Geographical Breakdown
5. Competitive Landscape & Strategic Initiatives
6. Regulatory Environment & Policy Factors
7. Growth Forecast Model (2024–2030)
8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Market Key Driver:

Proliferation in Electronics Manufacturing Boosting Machine Vision Market Growth – The increasing demand for consumer electronics such as mobile phones, laptops, washing machines, refrigerators, etc., across the globe has been surging the manufacturing of electronics and electronic parts worldwide. The rising consumer inclination towards smart home devices, 5G devices, routers, etc., has been further increasing the overall electronic manufacturing sector. The intricate designs and complex manufacturing processes of consumer electronic parts require precise and consistent solutions to ensure the quality of the electronic products. Machine vision solutions with cameras, sensors, frames, processors, etc., enable advanced inspection and quality control of the electronic, thereby increasing their adoption. Moreover, machine vision solutions detect minute defects in the circuit boards, semiconductor chips, etc., which further increase their adoption in electronic manufacturing. Additionally, the machine vision systems often enabled with AI (Artificial Intelligence) technologies enable the manufacturers to control their unit operations in electronic manufacturing at each step precisely which further augments their adoption in the overall electronic manufacturing sector. Companies such as Cognex Corporation, Texas Instruments, etc., have been launching various AI-enabled machine vision solutions for the electronics industry, which is further increasing the growth of the Global Machine Vision Market.

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Leading players of Global Machine Vision Market including:

• Cognex Corporation
• Basler AG
• Keyence Corporation
• Teledyne Technologies
• TKH Group
• Omron Automation
• Emerson Electric Co.
• Sick Ag
• Sony Corporation
• Intel Corporation
• Texas Instruments Incorporated
• Ametek Inc.
• Qualitas Technologies Pvt Ltd
• Baumer India Pvt Ltd
• Optotune
• Others

Global Machine Vision Market Segmentation:

By Component

• Hardware
  • Cameras
  • Optics
  • Frame Grabbers
  • LED Lighting
  • Others (Processors, Sensors, etc.)
• Software
  • Deep Learning Software
  • Image Acquisition Software
  • Image Processing Software
  • Others (Application Software, Open Source Software, etc.)
• Services

Out of them all, the hardware segment holds a considerable market share in the machine vision market globally driven by the increasing incorporation of various cameras, processors, sensors, lenses, etc.

By End User

• Automotive
• Electronics
• Food and Beverages
• Healthcare
• Textile
• Others (Retail, Printing, etc.)

Based on end-user, the healthcare segment holds a substantial market share owing to increasing pharmaceutical manufacturing across the world.

By Application

• Quality Assurance & Inspection
• Guidance & Navigation
• Identification & Verification
• Others (Process Control, Management, etc.)

By Product Type

• PC-Based Machine Vision
• Smart Camera-Based Machine Vision

By Technology

• 1-D
• 2-D
• 3-D

By Deployment

• General
• Robotic Cell

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Asia-Pacific holds a significant market share in the machine vision market worldwide owing to its high manufacturing capabilities.

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Key Highlights of MarkNtel Advisors' Research Methodology

• MarkNtel Advisors uses a robust methodology for accurate market analysis.
• Research objectives are clearly defined with tailored methodologies for clients.
• A representative sample is selected to ensure reliable data collection.
• Data analysis includes cleaning, statistical evaluations, and validation checks.
• Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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