Machine Vision Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

The global machine vision market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. Machine Vision Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Machine Vision Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.

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Image sensors have become increasingly popular in precision-demanding applications such as robotics and industrial automation owing to the ability to provide high visual quality, minimal noise, and efficient quantum usage that propels market growth. The advancements have made image sensors an ideal choice for industries that require accurate and reliable imaging capabilities. For instance, in July 2024, OmniVision launched three new image sensors for machine vision applications, including two CMOS global shutter (GS) sensors and the first large-format GS sensor, the OG09A10 CMOS GS sensor. The GS sensors are designed for industrial automation, robotics, logistics barcode scanners, and intelligent transportation systems. It offers exceptional visual quality, low readout noise, and high quantum efficiency, making it ideal for high-speed moving objects.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Machine Vision Market by Type

  • One Dimension (1D)
  • Two Dimension (2D)
  • Three Dimension (3D)
  • Area or Line Scan

Global Machine Vision Market by Application

  • Identification
  • Guidance and Positioning
  • Measurement
  • Quality Assurance and Inspection

Global Machine Vision Market by Component

  • Camera
  • Lenses
  • Lighting Source
  • Processor
  • Software

Global Machine Vision Market by Industry Vertical

  • Automotive
  • Machinery
  • Food & Packaging
  • Non-Industrial
  • Healthcare
  • Security & Surveillance

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Allied Vision Technologies GmbH
  • Baldwin Technology Company Inc.
  • Basler AG
  • Canon Inc.
  • FRAMOS GmbH
  • INTEL CORP
  • ISRA VISION GmbH
  • IVISYS
  • KEYENCE CORP
  • MVTEC SOFTWARE GMBH,
  • Perceptron, Inc.
  • Sensory Inc.
  • Teledyne Digital Imaging Inc.
  • Texas Instruments Inc
  • USS Vision LLC

The Report Covers

  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global machine vision market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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