3D Machine Vision Market Analysis by Omron, Canon, Point Grey Research, Coherent, Cognex, National Instruments, Keyence, Robotic Vision Technology, Hermary Opto Electronics

Global 3D Machine Vision Market research report by component (hardware, software), product (smart camera based, PC based), application (measurement, quality assurance & inspection), vertical (automotive, healthcare, defense) – Forecast till 2022

The global 3D machine vision market is expected to grow at 9% CAGR through the forecast period.

Market Leaders:
Some of the key players in the 3D machine vision market are Canon (Japan), Omron Corporation (Japan) Point Grey Research, Inc. (Canada), Hermary Opto Electronics Inc. (Canada), Coherent, Inc. (U.S.), Cognex Corporation (U.S.), National Instruments (U.S.), Keyence (Japan), Robotic Vision Technology (U.S.) among others.

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Market Highlights
3D machine vision was developed to enable automated quality control. It is now being applied much more widely, in concert with automation and machine learning. Quality control has evolved into production optimization systems that detect potential problems at a very early stage, identifying the causes and automatically fixing them on the fly.

Commonly used 3D machine vision technologies include stereo vision, Time-of-Flight (ToF) scanning and 3D triangulation. With stereo vision, images from two cameras are processed to measure the difference in the images caused by the displacement between the two cameras, enabling the system to accurately judge distances. This takes more processing time than 2D systems but today’s multi-core processors can easily handle real-time 3D machine vision.

3D triangulation systems use lasers that shine thousands of dots on an object and a camera that precisely locates each dot. The dots, the camera, and the laser form triangles, allowing the system to use trigonometry to calculate the object’s depth even for non-standard sized objects such as multiple parts for an engine component.

Regional Analysis
Asia Pacific holds a major share for global 3D machine vision market in 2016 and is expected to grow further through the forecasted years. Japan has always been the largest market for machine vision in Asia Pacific. They have developed very sophisticated manufacturing over more than 40 years employing machine vision techniques in many applications, especially inspection and robot control. Despite this, its economic growth is currently slow largely due to the decreasing export demand. In spite of Japan’s low forecast growth rate, the Asia Pacific region as a whole remains extremely important to machine vision manufacturers, both in market size and growth potential.

North America holds the second largest share in the 3D Machine Vision Market. Rich environment for manufacturing industry and technologically advanced countries are supporting the market. Machine vision developer Integro Technologies Corp. has partnered with Coherix Inc., a manufacturer of 3D, high-speed, high-definition machine vision products, as an authorized system integrator. Coherix provides a number of unique, inline 3D image formation techniques and solutions to difficult problems. The partnership with Coherix aims to broaden Integro Technologies vision inspection portfolio, resulting in automatic vision inspection applications for its customers. Europe occupies the third largest market share in 3D machine vision market. Canon Europe states that, its 3D machine vision systems for use with industrial robots are capable of high-speed, high-accuracy three-dimensional recognition of objects. Using the 3D machine vision systems in combination with a robotic arm can increase production efficiencies in factories by facilitating the automatic high-speed supply of parts to production lines.

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LIST OF FIGURES
FIGURE 1 Global 3D Machine Vision Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global 3D Machine Vision Market
FIGURE 4 Value Chain Of Global 3D Machine Vision Market
FIGURE 5 Share Of Global 3D Machine Vision Market In 2017, By Country (In %)
FIGURE 6 Global 3D Machine Vision Market, 2017-2023,
FIGURE 7 Sub Segments Of Component
FIGURE 8 Global 3D Machine Vision Market Size By Component, 2017
FIGURE 9 Share Of Global 3D Machine Vision Market By Component, 2017 TO 2023
FIGURE 10 Global 3D Machine Vision Market Size By Product, 2017 TO 2023
FIGURE 11 Share Of Global 3D Machine Vision Market By Product, 2017 TO 2023
FIGURE 12 Global 3D Machine Vision Market Size By Vertical, 2017 TO 2023
FIGURE 13 Share Of Global 3D Machine Vision Market By Application, 2017 TO 2023
FIGURE 14 Global 3D Machine Vision Market Size By Vertical, 2017 TO 2023
FIGURE 15 Share Of Global 3D Machine Vision Market By Vertical, 2017 TO 2023

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