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Future of the 3D Machine Vision Market: Trends, Innovations, and Key Forecasts Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.3D Machine Vision Market Size Growth Forecast: What to Expect by 2025?
The market size for 3D machine vision has shown robust growth in the recent past. Its growth is projected to escalate from $2 billion in 2024 to about $2.19 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.7%. The significant growth during the historical period could result from an increased interest in robotics integration, a rising need for solutions that don't require contact measurement, enhanced defect detection capabilities, a growing focus on safety within workplaces, and an emphasis on enhancing production efficiency.
How Will the 3D Machine Vision Market Size Evolve and Grow by 2029?
In the coming years, the 3D machine vision market size is anticipated to experience considerable growth, escalating to $3 billion in 2029 with a compound annual growth rate (CAGR) of 8.2%. The expected growth during the forecast period can be due to factors such as the expansion of e-commerce, rapid automation, developments in the healthcare sector, increased demand for augmented and virtual reality applications, and a rising need for tailored manufacturing solutions. Significant trends projected for the forecast period comprise the integration of artificial intelligence (AI) algorithms, the use of 3D machine vision in medical imaging, technological advancements, the implementation of 3D vision in quality control, and strategic collaborations.
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What Drivers Are Propelling the Growth of 3D Machine Vision Market Forward?
The growth of the 3D machine vision market is predicted to be fueled by an increasing demand for integration of robotics. This integration refers to the assimilation of robotic systems into existing processes or systems for enhancing automation and efficiency. The high demand for robotics integration arises from the need for greater productivity, cost-effectiveness and adaptability in industries looking to utilize advanced automation technologies. Through integration, robotics can enhance 3D machine vision by helping robots interpret visual information accurately, which boosts efficiency in tasks like object recognition and manipulation. A report by the International Federation of Robotics (IFR), a Germany-based organization offering international insights and statistics on the robotics industry, indicated in September 2023 that there were 0.553 million industrial robot installations worldwide in 2022, up from 0.526 million in 2021. This shows a year-on-year growth rate of 5%. Regionally, 73% of all new robot deployments in 2022 happened in Asia, followed by Europe with 15% and the Americas with 10%. Therefore, the escalating demand for robotics integration is contributing to the expansion of the 3D machine vision market.
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Which Emerging Trends Are Transforming the 3D Machine Vision Market in 2025?
Prominent industry players within the 3D machine vision marketplace are directing their focus towards the development of innovative product offerings, such as high-tech sensing scanners, to meet the growing need for improved precision and efficiency in the field of dimensional imaging and analysis. To obtain accurate three-dimensional data, they utilize various technologies, including laser scanning, structured light scanning, stereo vision, photogrammetry, computed tomography, ultrasound, and time-of-flight cameras. For example, in June 2023, Photoneo s.r.o., a provider of robotic vision and intelligence based in Slovakia, introduced their Alpha 3D Scanner. Aimed at simple machine vision tasks within sectors like logistics, this hassle-free device incorporates structured light 3D sensing technology, offering a resolution of 1440 x 1080, ideal scanning distance up to 2331 mm, maximum scanning distance of 3780 mm, and an effective scanning area of 1091 x 761 mm. The scanning process starts swiftly at 450 ms. With a 24V power operation and a PoE feature, it is integrated with a 1 Gbit Ethernet connectivity. Despite its compact size of 416 x 68 x 86 mm and weight of 950 g, it operates within a temperature range of 0-40 °C and has an IP65 rating.
What Are the Key Segments in the 3D Machine Vision Market?
The 3D machine vision market covered in this report is segmented -
1) By Component: Hardware, Software
2) By Product: Smart Camera-Based Systems, PC-Based Systems
3) By Application: Quality Assurance And Inspection, Positioning And Guidance, Measurement, Identification, Other Applications
4) 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
Subsegments:
1) By Hardware: Cameras, Sensors, Lighting, Processing Units, Frame Grabbers
2) By Software: 3D Imaging Software, Machine Learning Software, Analysis Software, Application Software
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Who Are the Key Players Shaping the 3D Machine Vision Market's Competitive Landscape?
Major companies operating in the 3D machine vision market are 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 Geographic Markets Are Powering Growth in the 3D Machine Vision Market?
Asia-Pacific was the largest region in the 3D machine vision market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D machine vision market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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