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North America Machine Vision Systems Market Size, Share & Trends Analysis Report By Component, By Application, By Vertical, By Type (2D, 3D, and 1D), By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Dec 06, 2024
Length 136 Pages
SKU # KBV19422016

Description

North America Machine Vision Systems Market Size, Share & Trends Analysis Report By Component, By Application, By Vertical, By Type (2D, 3D, and 1D), By Country and Growth Forecast, 2024 - 2031


The North America Machine Vision Systems Market would witness market growth of 12.9% CAGR during the forecast period (2024-2031).

The US market dominated the North America Machine Vision Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26,321.1 million by 2031. The Canada market is experiencing a CAGR of 15.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.4% during (2024 - 2031).

This market has witnessed substantial growth in recent years, driven by technological advancements, the rise of automation across various industries, and the increasing adoption of artificial intelligence (AI) and machine learning (ML) in production environments. These systems automate industrial applications' visual inspection, measurement, and identification.

These systems are used in various applications across multiple industries, including manufacturing, automotive, healthcare, agriculture, logistics, food and beverage, and electronics. One of the most significant uses of machine vision is in quality control in manufacturing environments. These systems can inspect products quickly, identifying defects, inconsistencies, or deviations from design specifications.

This market in the USA and Canada is experiencing substantial growth, driven by several key factors. These factors include advancements in automation technologies, increasing adoption of Industry 4.0 principles, and robust investments in manufacturing and technology sectors. The U.S. is at the forefront of adopting advanced automation technologies across various industries, including automotive, electronics, and pharmaceuticals. The U.S. manufacturing sector rapidly embraces Industry 4.0, which emphasizes using connected devices, IoT, and AI-driven analytics. MVS plays a crucial role in this transformation by enabling real-time monitoring and data collection on the production floor. In conclusion, the growth of the machine vision systems market in the USA and Canada is propelled by advancements in automation, the adoption of Industry 4.0, robust investments in technology, and demand for high-quality manufacturing.

Based on Component, the market is segmented into Smart Camera, Embedded System, Lighting, Frame Grabber, and Other Component. Based on Application, the market is segmented into Flaw Detection, Verification, Identification, Measurement, and Positioning. Based on Vertical, the market is segmented into Industrial, Electronics, Automotive, Healthcare, and Other Vertical. Based on Type, the market is segmented into 2D, 3D, and 1D. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Sony Corporation
  • Texas Instruments, Inc.
  • Baumer Holding AG
  • SICK AG
  • Canon, Inc.
  • Teledyne FLIR LLC
  • Intel Corporation
  • Omron Corporation
  • Denso Corporation
  • Microsoft Corporation
North America Machine Vision Systems Market Report Segmentation

By Component
  • Smart Camera
  • Embedded System
  • Lighting
  • Frame Grabber
  • Other Component
By Application
  • Flaw Detection
  • Verification
  • Identification
  • Measurement
  • Positioning
By Vertical
  • Industrial
  • Electronics
  • Automotive
  • Healthcare
  • Other Vertical
By Type
  • 2D
  • 3D
  • 1D
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

136 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Machine Vision Systems Market, by Component
1.4.2 North America Machine Vision Systems Market, by Application
1.4.3 North America Machine Vision Systems Market, by Vertical
1.4.4 North America Machine Vision Systems Market, by Type
1.4.5 North America Machine Vision Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategic Deployed in Machine Vision Systems Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Machine Vision Systems Market by Component
5.1 North America Smart Camera Market by Region
5.2 North America Embedded System Market by Region
5.3 North America Lighting Market by Region
5.4 North America Frame Grabber Market by Region
5.5 North America Other Component Market by Region
Chapter 6. North America Machine Vision Systems Market by Application
6.1 North America Flaw Detection Market by Country
6.2 North America Verification Market by Country
6.3 North America Identification Market by Country
6.4 North America Measurement Market by Country
6.5 North America Positioning Market by Country
Chapter 7. North America Machine Vision Systems Market by Vertical
7.1 North America Industrial Market by Country
7.2 North America Electronics Market by Country
7.3 North America Automotive Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Other Vertical Market by Country
Chapter 8. North America Machine Vision Systems Market by Type
8.1 North America 2D Market by Country
8.2 North America 3D Market by Country
8.3 North America 1D Market by Country
Chapter 9. North America Machine Vision Systems Market by Country
9.1 US Machine Vision Systems Market
9.1.1 US Machine Vision Systems Market by Component
9.1.2 US Machine Vision Systems Market by Application
9.1.3 US Machine Vision Systems Market by Vertical
9.1.4 US Machine Vision Systems Market by Type
9.2 Canada Machine Vision Systems Market
9.2.1 Canada Machine Vision Systems Market by Component
9.2.2 Canada Machine Vision Systems Market by Application
9.2.3 Canada Machine Vision Systems Market by Vertical
9.2.4 Canada Machine Vision Systems Market by Type
9.3 Mexico Machine Vision Systems Market
9.3.1 Mexico Machine Vision Systems Market by Component
9.3.2 Mexico Machine Vision Systems Market by Application
9.3.3 Mexico Machine Vision Systems Market by Vertical
9.3.4 Mexico Machine Vision Systems Market by Type
9.4 Rest of North America Machine Vision Systems Market
9.4.1 Rest of North America Machine Vision Systems Market by Component
9.4.2 Rest of North America Machine Vision Systems Market by Application
9.4.3 Rest of North America Machine Vision Systems Market by Vertical
9.4.4 Rest of North America Machine Vision Systems Market by Type
Chapter 10. Company Profiles
10.1 Sony Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Texas Instruments, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Baumer Holding AG
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Product Launches and Product Expansions:
10.3.3 SWOT Analysis
10.4 Sick AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Canon, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.7 Intel Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Omron Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Denso Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.10. Microsoft Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

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