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Machine Vision Market Analysis Report By Offering, By Application (Quality Assurance, Measurement, Identification), By Product (PC-based, Smart Camera-based), By End Use, And Segment Forecasts, 2018 - 2025

Machine Vision Market Analysis Report By Offering, By Application (Quality Assurance, Measurement, Identification), By Product (PC-based, Smart Camera-based), By End Use, And Segment Forecasts, 2018 - 2025

The global machine vision market size is expected to reach USD 18.24 billion by 2025 at a 7.7% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The ability of machine vision systems to process massive amounts of information in a just a few seconds is a major factor driving the market. The quick processing ability of machine vision systems is paving the way for manufacturers to achieve new milestones in manufacturing products with negligible defects. Moreover, increasing adoption of robots across industrial sectors is leading to application of vision-guided robotic systems. Industrial verticals, such as automotive, pharmaceutical, packaging, and food and beverage are prominent sectors where robotic systems are used, eventually fueling demand for machine vision systems.

Machine vision technology encompasses various components in order to capture images of products to analyze them, depending on different parameters of quality and safety. The technology is a combination of software and hardware, which provides operational control to devices to execute functions such as capturing and processing of images and measuring various characteristics required for decision making. Major components of the system include lighting, lens, image sensors, vision processing, and communication devices. Machine vision systems assist in resolving complicated industrial tasks with reliability.

Industrial machine vision systems are usually more robust and demand high reliability, stability, and accuracy as compared to those used in institutional or educational applications. They cost lesser than systems used in military, aerospace, defense, and government applications. These factors are expected to lead to greater adaptability of the technology in industrial sectors. In addition, robotic vision systems used across these industries are leading to increasing adoption of the technology, thereby strengthening the overall market.

The technology has proven to be of key importance in the area of manufacturing and quality control, owing to rising need for quality inspection and production. In addition, growing automation in industrial segments is facilitating the growth of the market at a considerable rate.

The technology has been witnessing extensive developments and innovative upgrades since its emergence. Several factors, such as inception of the technology and increasing need for quality products, are influencing market growth. Furthermore, machine vision systems are gaining traction in medical and healthcare applications in recent times. Analysis of medical images and robotic applications for carrying various medical activities are key roles of the technology in these sectors.

The automotive industry held the largest share in the machine vision market in 2017. The inspection process, which includes error proofing and presence/absence checking, is responsible for adoption of machine vision in the automotive sector. The food and beverages industry is expected to exhibit the highest growth rate over the forecast years, owing to use of machine vision systems in packaging and bottling operations.

Asia Pacific accounted for the largest market share in 2017, which can be attributed to ample opportunities offered on account of large manufacturing practices carried out in the region. Countries such as China, Japan, South Korea, and India are considered to be potential markets for upcoming technologies, including machine vision. The region’s rapid industrial expansion has been significantly contributing to the prosperity and development of various innovations and adoption of different technologies.

In addition, factors such as growing focus on developments, increased expenditure on vision-related research activities, and expanding manufacturing base in the region are expected to spur the market in Asia Pacific. The market is also anticipated to exhibit the fastest growth rate over the forecast period.

The global industry is facing challenges due to lack of awareness among users about rapidly advancing machine vision technology. Moreover, the complexity of integrating machine vision systems are posing major difficulties for manufacturers. This is also restraining the growth of the market.

Further key findings from the report suggest:

  • By way of product, the PC-based segment accounted for the largest market share in 2017 and is estimated to continue its dominance over the forecast period
  • On the basis of application, the identification segment is anticipated to exhibit the fastest growth rate over the forecast period, followed by the positioning and guidance segment
  • By end use, the food and beverages industry is expected to witness the highest CAGR over the forecast period
  • The Asia Pacific market is expected to witness substantial growth over the next decade. This growth is witnessed in the wake of ample opportunities offered due to presence of large manufacturing hubs across the food and packaging, automotive, pharmaceutical, industrial, and consumer electronic sectors
  • Prominent companies in the industry include Allied Vision Technologies GmbH (Germany), Basler AG (Germany), Cognex Corporation (U.S.), Keyence Corporation (Japan), National Instruments (U.S.), Omron Corporation (Japan), Machine Vision Technology (U.K.), and Microscan Systems (U.S.).
Please note The report will be updated with the latest data and delivered to you within 3-4 business days.


Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Industry snapshot, 2014 - 2025
2.2 Key segment trends & buying criteria, 2014 - 2025
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 Machine Vision-Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Increased quality and productivity
3.3.1.2 Benefiting the manufacturers and industrialists by driving down production costs
3.3.1.3 Implementation of advanced technologies by manufacturer (3D Machine vision and others)
3.3.1.4 Growing popularity of the machine vision in different verticals
3.3.2 Market restraint analysis
3.3.2.1 Lack of skilled labour and inconsistency in the end-user requirements/demands
3.4 Key Opportunities Prioritized-2017
3.5 Industry Analysis-Porter’s
3.6 Machine Vision-PEST Analysis
Chapter 4 Machine Vision Market: Offering Estimates & Trend Analysis
4.1 Machine Vision Market: Offering Movement Analysis
4.1.1 Hardware
4.1.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
4.1.2 Software
4.1.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5 Machine Vision Market: Product Estimates & Trend Analysis
5.1 Machine Vision Market: Product Movement Analysis
5.1.1 PC Based
5.1.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
5.1.2 Smart Camera Based
5.1.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 6 Machine Vision Market: Application Estimates & Trend Analysis
6.1 Machine Vision Market: Application Movement Analysis
6.1.1 Quality Assurance & Inspection
6.1.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.1.2 Positioning & Guidance
6.1.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.1.3 Measurement
6.1.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.1.4 Identification
6.1.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 7 Machine Vision Market: End-Use Industry Estimates & Trend Analysis
7.1 Machine Vision Market: End-Use Industry Movement Analysis
7.1.1 Automotive
7.1.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.2 Pharmaceuticals & Chemicals
7.1.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.3 Electronics & Semiconductor
7.1.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.4 Pulp & Paper
7.1.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.5 Printing & Labeling
7.1.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.6 Food & Beverage (Packaging and Bottling)
7.1.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.7 Glass & Metal
7.1.7.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.8 Postal & Logistics
7.1.8.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.1.9 Others (Agriculture, Security & Surveillance, Rubber, Plastics, Solar Paneling, Machinery, and Others)
7.1.9.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 8 Machine Vision Market: Regional Estimates Forecasts & Trend Analysis
8.1 Machine Vision Market Share by Region, 2017 & 2025
8.2 North America
8.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.2.2 North America market place: Key takeaways
8.2.3 North America machine vision market
8.2.4 U.S. machine vision market
8.2.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.2.5 Canada machine vision market
8.2.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.2.6 Mexico machine vision market
8.2.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3 Europe
8.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3.2 Europe market place: Key takeaways
8.3.3 Europe machine vision market
8.3.4 U.K. machine vision market
8.3.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3.5 Germany machine vision market
8.3.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3.6 France machine vision market
8.3.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3.7 Italy machine vision market
8.3.7.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.3.8 Spain machine vision market
8.3.8.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4 Asia Pacific
8.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4.2 Asia Pacific market place: Key takeaways
8.4.3 Asia Pacific machine vision market
8.4.4 China machine vision market
8.4.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4.5 Japan machine vision market
8.4.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4.6 India machine vision market
8.4.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4.7 South Korea machine vision market
8.4.7.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.4.8 Singapore machine vision market
8.4.8.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.5 South America
8.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.5.2 South America market place: Key takeaways
8.5.3 South America machine vision market
8.5.4 Brazil machine vision market
8.5.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.6 MEA
8.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
8.6.2 MEA market place: Key takeaways
8.6.3 MEA machine vision market
Chapter 9 Competitive Landscape
9.1 Allied Vision Technologies GmbH (A subsidiary of TKH Group NV)
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.1.4 Recent developments
9.2 Basler AG
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Product benchmarking
9.2.4 Recent developments
9.3 Cognex Corporation
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Product benchmarking
9.3.4 Recent developments
9.4 Keyence Corporation
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Product benchmarking
9.5 LMI Technologies, Inc. (A subsidiary of TKH Group NV)
9.5.1 Company overview
9.5.2 Product benchmarking
9.5.3 Recent developments
9.6 Microscan Systems, Inc.
9.6.1 Company overview
9.6.2 Product benchmarking
9.6.3 Recent developments
9.7 National Instruments Corporation
9.7.1 Company overview
9.7.2 Financial performance
9.7.3 Product benchmarking
9.7.4 Recent developments
9.8 OMRON Corporation
9.8.1 Company overview
9.8.2 Financial performance
9.8.3 Product benchmarking
9.8.4 Recent developments
9.9 Sick AG
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.9.4 Recent developments
9.10 Tordivel AS
9.10.1 Company overview
9.10.2 Product benchmarking
List of Tables
TABLE 1 Machine vision-Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global machine vision market, 2014 - 2025 (USD Million)
TABLE 3 Global machine vision market estimates and forecasts, by region, 2014 - 2025 (USD Million)
TABLE 4 Global machine vision market estimates and forecasts, by offering, 2014 - 2025 (USD Million)
TABLE 5 Global machine vision market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 6 Global machine vision market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 7 Global machine vision market estimates and forecasts, by end-use industry, 2014 - 2025 (USD Million)
TABLE 8 Global hardware machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 9 Global software machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 10 Global PC based machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 11 Global smart camera based machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 12 Global quality assurance & inspection machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 13 Global positioning & guidance machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 14 Global measurement machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 15 Global identification machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 16 Global automotive machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 17 Global pharmaceuticals & chemicals machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 18 Global electronics & semiconductor machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 19 Global pulp & paper machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 20 Global printing & labeling machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 21 Global food & beverage (packaging and bottling) machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 22 Global glass & metal machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 23 Global postal & logistics machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 24 Global others (agriculture, security & surveillance, rubber, plastics, Solar paneling, machinery, and others) machine vision market, by region, 2014 - 2025 (USD Million)
TABLE 25 North America machine vision market, 2014 - 2025 (USD Million)
TABLE 26 North America machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 27 North America machine vision market by product, 2014 - 2025 (USD Million)
TABLE 28 North America machine vision market by application, 2014 - 2025 (USD Million)
TABLE 29 North America machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 30 U.S. machine vision market, 2014 - 2025 (USD Million)
TABLE 31 U.S. machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 32 U.S. machine vision market by product, 2014 - 2025 (USD Million)
TABLE 33 U.S. machine vision market by application, 2014 - 2025 (USD Million)
TABLE 34 U.S. machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 35 Canada machine vision market, 2014 - 2025 (USD Million)
TABLE 36 Canada machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 37 Canada machine vision market by product, 2014 - 2025 (USD Million)
TABLE 38 Canada machine vision market by application, 2014 - 2025 (USD Million)
TABLE 39 Canada machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 40 Mexico machine vision market, 2014 - 2025 (USD Million)
TABLE 41 Mexico machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 42 Mexico machine vision market by product, 2014 - 2025 (USD Million)
TABLE 43 Mexico machine vision market by application, 2014 - 2025 (USD Million)
TABLE 44 Mexico machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 45 Europe machine vision market, 2014 - 2025 (USD Million)
TABLE 46 Europe machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 47 Europe machine vision market by product, 2014 - 2025 (USD Million)
TABLE 48 Europe machine vision market by application, 2014 - 2025 (USD Million)
TABLE 49 Europe machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 50 U.K. machine vision market, 2014 - 2025 (USD Million)
TABLE 51 U.K. machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 52 U.K. machine vision market by product, 2014 - 2025 (USD Million)
TABLE 53 U.K. machine vision market by application, 2014 - 2025 (USD Million)
TABLE 54 U.K. machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 55 Germany machine vision market, 2014 - 2025 (USD Million)
TABLE 56 Germany machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 57 Germany machine vision market by product, 2014 - 2025 (USD Million)
TABLE 58 Germany machine vision market by application, 2014 - 2025 (USD Million)
TABLE 59 Germany machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 60 France machine vision market, 2014 - 2025 (USD Million)
TABLE 61 France machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 62 France machine vision market by product, 2014 - 2025 (USD Million)
TABLE 63 France machine vision market by application, 2014 - 2025 (USD Million)
TABLE 64 France machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 65 Italy machine vision market, 2014 - 2025 (USD Million)
TABLE 66 Italy machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 67 Italy machine vision market by product, 2014 - 2025 (USD Million)
TABLE 68 Italy machine vision market by application, 2014 - 2025 (USD Million)
TABLE 69 Italy machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 70 Spain machine vision market, 2014 - 2025 (USD Million)
TABLE 71 Spain machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 72 Spain machine vision market by product, 2014 - 2025 (USD Million)
TABLE 73 Spain machine vision market by application, 2014 - 2025 (USD Million)
TABLE 74 Spain machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 75 Asia Pacific machine vision market, 2014 - 2025 (USD Million)
TABLE 76 Asia Pacific machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 77 Asia Pacific machine vision market by product, 2014 - 2025 (USD Million)
TABLE 78 Asia Pacific machine vision market by application, 2014 - 2025 (USD Million)
TABLE 79 Asia Pacific machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 80 China machine vision market, 2014 - 2025 (USD Million)
TABLE 81 China machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 82 China machine vision market by product, 2014 - 2025 (USD Million)
TABLE 83 China machine vision market by application, 2014 - 2025 (USD Million)
TABLE 84 China machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 85 Japan machine vision market, 2014 - 2025 (USD Million)
TABLE 86 Japan machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 87 Japan machine vision market by product, 2014 - 2025 (USD Million)
TABLE 88 Japan machine vision market by application, 2014 - 2025 (USD Million)
TABLE 89 Japan machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 90 India machine vision market, 2014 - 2025 (USD Million)
TABLE 91 India machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 92 India machine vision market by product, 2014 - 2025 (USD Million)
TABLE 93 India machine vision market by application, 2014 - 2025 (USD Million)
TABLE 94 India machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 95 South Korea machine vision market, 2014 - 2025 (USD Million)
TABLE 96 South Korea machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 97 South Korea machine vision market by product, 2014 - 2025 (USD Million)
TABLE 98 South Korea machine vision market by application, 2014 - 2025 (USD Million)
TABLE 99 South Korea machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 100 Singapore machine vision market, 2014 - 2025 (USD Million)
TABLE 101 Singapore machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 102 Singapore machine vision market by product, 2014 - 2025 (USD Million)
TABLE 103 Singapore machine vision market by application, 2014 - 2025 (USD Million)
TABLE 104 Singapore machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 105 South America machine vision market, 2014 - 2025 (USD Million)
TABLE 106 South America machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 107 South America machine vision market by product, 2014 - 2025 (USD Million)
TABLE 108 South America machine vision market by application, 2014 - 2025 (USD Million)
TABLE 109 South America machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 110 Brazil machine vision market, 2014 - 2025 (USD Million)
TABLE 111 Brazil machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 112 Brazil machine vision market by product, 2014 - 2025 (USD Million)
TABLE 113 Brazil machine vision market by application, 2014 - 2025 (USD Million)
TABLE 114 Brazil machine vision market by end-use industry, 2014 - 2025 (USD Million)
TABLE 115 MEA machine vision market, 2014 - 2025 (USD Million)
TABLE 116 MEA machine vision market by offering, 2014 - 2025 (USD Million)
TABLE 117 MEA machine vision market by product, 2014 - 2025 (USD Million)
TABLE 118 MEA machine vision market by application, 2014 - 2025 (USD Million)
TABLE 119 MEA machine vision market by end-use industry, 2014 - 2025 (USD Million)
List of Figures
FIG. 1 Market segmentation & scope
FIG. 2 Machine vision-value chain analysis
FIG. 3 Market dynamics
FIG. 4 Key opportunities prioritized
FIG. 5 Porter’s five forces analysis
FIG. 6 Machine vision-PEST analysis
FIG. 7 Machine Vision market: Offering movement analysis
FIG. 8 Machine Vision market: Product movement analysis
FIG. 9 Machine Vision market: Application movement analysis
FIG. 10 Machine Vision market: End-use industry movement analysis
FIG. 11 Regional marketplace: Key takeaways
FIG. 12 Regional outlook, 2017 & 2025
FIG. 13 North America market place: Key takeaways
FIG. 14 Europe market place: Key takeaways
FIG. 15 Asia Pacific market place: Key takeaways
FIG. 16 South America market place: Key takeaways
FIG. 17 MEA market place: Key takeaways

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