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The global 3D Machine Vision Market is set to witness a move in growth by 2029 - Valuates Reports

07-17-2023 01:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Machine vision (MV) is the technology and methods used to provide imaging-based automatic inspection and analysis for such applications as automatic inspection, process control, and robot guidance, usually in industry.Machine visions are primarily of two types - 2D (two dimensional) and 3D (three dimensional).3D machine vision systems deals with all the three axes (X, Y, and Z). 3D Machine Vision scanners gives a point cloud (three dimensional coordinates) output.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Othe-4B159/Global_3D_Machine_Vision_Market_Size_Status_and_Forecast_2022_2028

The global 3D Machine Vision market was valued at US$ 1424.8 million in 2022 and is anticipated to reach US$ 2055.7 million by 2029, witnessing a CAGR of 6.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In terms of geography,Asia Pacific held the maximum share of the global 3D Machine Vision market in 2017.The market in this region is anticipated to grow at a considerable rate between 2018 and 2025. Rising adoption of automation across all industry verticals, especially in automotive and consumer electronics, is one of the prime reasons for the growth of the market in this region. Moreover, existence of key manufacturing companies in countries such as Japan, China, and South Korea will boost the growth of the 3D Machine Vision market in the Asia Pacific region.

Report Scope
This report aims to provide a comprehensive presentation of the global market for 3D Machine Vision, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 3D Machine Vision.
The 3D Machine Vision market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global 3D Machine Vision market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

Segment by Type
-PC Based System
-Smart Camera Based System

Segment by Application
-Quality Assurance and Inspection
-Positioning and Guidance
-Measurement
-Identification

Get detailed report - https://reports.valuates.com/market-reports/QYRE-Othe-4B159/global-3d-machine-vision

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