Press release
Machine Vision Systems Market Outlook to 2025 - Keyence Corporation, Omron Corporation, National Instruments, OmniVision, Basler AG, Cognex Corporation, DataLogic, and Microscan Systems
Machine Vision Systems Market
Growing Non Industrial Application will escalate the Machine Vision Systems Market at a CAGR of 7.0%
Machine Vision Systems market has set the highest growth record in North America in 2014. Whereas, Europe is the major manufacturer and exporter of these systems worldwide. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in automotive sector will pave the path for increasing adoption and propel the market for machine vision systems. The region is expected to lead the market with highest CAGR during the forecast period.
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The leading machine vision systems market players are Basler AG, Cognex Corporation, Keyence Corporation, Omron Corporation and National Instruments. OmniVision, DataLogic, and Microscan Systems among others.
The Machine Vision Systems market report focuses on an in-depth segmentation of this market based by type, components, and end-users. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. Machine vision and components market is expected to experience significant growth in the coming years due to the increasing demand in industries such as automation, robotics and non–manufacturing which include intelligent transport system, logistics and medical, exhibiting substantial Machine Vision Systems market growth.
Emergence of industrial Internet of things and novel technologies like CoaXPress are some of the trends contributing to the growth of machine vision systems market. Almost all the industry verticals are increasingly demanding in this market.
The global machine vision systems market for the end-user industries is fragmented into Automotive, Consumer Electronics, Food & Beverage, Pharmaceuticals, Logistics and Others. The segmentation is based upon need for machine vision systems to improve mobility and security. Consumer electronics in the machine vision systems market acquires the majority share, followed by automotive and food & beverages. Short product lifecycles of the consumer electronics products, high quality standards requirements by consumers and high labor investments have resulted in the increasing adoptions of machine visions systems by consumer electronics manufacturers worldwide.
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The report segments the global machine vision systems market as follows:
Global Machine Vision Systems Market - By Types
- Smart Machine Vision Systems
- PC-Based Smart Machine Vision Systems
- 3D Machine Vision Systems
Global Machine Vision Systems Market - By Components
- Cameras
- Frame Grabbers
- Processors
- Illuminations & Optics
- Vision Software
- Others
Global Machine Vision Systems Market - By End-users
- Automotive
- Consumer Electronics
- Food and Beverage
- Pharmaceuticals
- Logistics
- Others
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