Press release
3D Machine Vision: Global Market Insights, Trends, and Forecasts Through 2025
What Is The Projected Market Size Of The Global 3D Machine Vision Market And Its Growth Rate?
• From $2 billion in 2024, the market is expected to rise to $2.19 billion in 2025, propelled by a CAGR of 9.7%.
• Key growth drivers include the increasing need for non-contact measurement solutions, enhanced capabilities for defect detection, rising demand for robotics integration, and a focus on improving production efficiency and workplace safety.
• By 2029, it is projected that the 3D machine vision market will reach $3 billion with a CAGR of 8.2%.
• Continued growth will likely be prompted by factors such as e-commerce expansion, growth in the healthcare sector, demand for augmented reality and virtual reality applications, the acceleration of automation, and the demand for customized manufacturing solutions.
What Is Driving The Growth In The Global 3D Machine Vision Market?
The anticipated growth in the 3D machine vision market can be attributed to the growing demand for robotics integration. Incorporating robotic systems into existing systems or processes enhances automation and efficiency, leading to an increase in productivity and cost efficiency. For instance, a rise in industrial robot installations from 0.526 million units in 2021 to 0.553 million units in 2022 shows a growth rate of 5%, substantiating the surging demand for robotics integration. Growth is primarily observed in Asia, accounting for 73% of all newly deployed robots, followed by 15% in Europe and 10% in America. Indeed, the increasing demand for robotics integration has become a significant driver of the 3D machine vision market.
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Who Are the Key Players Driving 3D Machine Vision Market Growth?
• Omron Corporation
• Keyence Corporation
• Hexagon AB
• Zebra Technologies Corporation
• Teledyne Technologies Incorporated
• Synopsys Inc.
• Coherent Inc.
• Basler AG
• Sick AG
• National Instruments Corporation
• Cognex Corporation
• IFM Electronic GmbH
• Pepperl+Fuchs Group
• Teledyne DALSA Inc.
• Edmund Optics Inc.
• Isra Vision AG
• Stemmer Imaging
• LMI Technologies Inc.
• Baumer Group
• JAI AS
• Optotune AG
• Zivid AS
• MVTec Software GmbH
• Nerian Vision Technologies
• Photoneo s.r.o.
• Robotic Vision Technologies Inc.
• Zivid Labs AS
• Roboception GmbH
What Are The Key Trends In The Global 3D Machine Vision Market?
• Integration of artificial intelligence (AI) algorithms
• Expansion of 3D machine vision in medical imaging
• Technological advancements
• Adoption of 3D vision in quality control
• Strategic partnerships
What Are The Segments Of The Global 3D Machine Vision Market?
• By Component: Hardware, Software
• By Product: Smart Camera-Based Systems, PC-Based Systems
• By Application: Quality Assurance And Inspection, Positioning and Guidance, Measurement, Identification, Other Applications
• By End-Use: Automotive, Pharmaceuticals And Chemicals, Electronics And Semiconductor, Pulp And Paper, Printing And Labelling, Food And Beverage, Postal And Logistics, Other End-Uses
Which Region Leads The Global 3D Machine Vision Market?
Asia-Pacific emerged as the largest region in the 3D machine vision market in 2024. It is also projected to be the fastest-growing region in the years to come. The 3D machine vision market report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The 3D Machine Vision Global Market Report?
- Market Size Analysis: Analyze the 3D Machine Vision Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the 3D Machine Vision Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall 3D Machine Vision Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the 3D Machine Vision Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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