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Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor) and Software (Deep Learning and Application Specific)), Product (PC Systems and Smart Camera Systems), Application, Vertical, and Geography - Global Forecast to 2022

Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor) and Software (Deep Learning and Application Specific)), Product (PC Systems and Smart Camera Systems), Application, Vertical, and Geography - Global Forecast to 2022

“The machine vision market is expected to grow at a CAGR of 8.15% between 2016 and 2022”
The overall machine vision market was valued at USD 8.12 billion in 2015 and is expected to reach USD 14.43 billion by 2022, growing at a CAGR of 8.15% between 2016 and 2022. The growth of this market is propelled by the rising need for quality inspection and automation across various industries. The increasing demand for vision-guided robotic systems and application-specific machine vision systems is facilitating the rapid growth of this market. Increasing adoption of 3D machine vision systems is also contributing to the market growth.

“In the hardware component-based market, the camera segment is expected to hold the largest market size during the forecast period”
Smart and digital cameras are an important part of machine vision systems. Various features incorporated within these cameras would further improve the inspection and quality assurance of the objects under test. Latest standards have also been introduced to make the cameras compatible with third-party software developers. Smart camera-based machine vision systems can accomplish the task of decoding algorithms and traceability applications such as ID code reading, quality assessment, text verification, and label inspection. The industrial vertical is expected to hold the largest market share, while the market for the nonindustrial vertical is expected to grow at the highest rate during the forecast period.

“Machine vision market in APAC is expected to grow at the highest rate during the forecast period”
APAC is expected to be the fastest-growing market. The market in APAC is segmented into India, China, Japan, South Korea, and Rest of APAC. APAC is a major market for various sectors such as consumer electronics, automobiles, and healthcare. This region has become a global focal point for large investments and business expansion opportunities. Moreover, food and packaging is among the major industries contributing toward the growth of the market in the APAC region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts. The breakup of the profiles of primary participants is given below:
By Company Type: Tier 1—20%, Tier 55%, and Tier 25%
By Designation: C-Level Executives—50%, Directors—25%, and Managers—25%
By Geography: North America—60%, Europe—20%, APAC—10%, and RoW—10%
Companies that provide a range of customized solutions are expected to emerge as the game changers as customers find it easier to sync up with such devices for use in a specific industry.

The key market players profiled in this report are:
Cognex Corporation (U.S.)
Basler AG (Germany)
Omron Corporation (Japan)
National Instruments Corporation (U.S.)
Keyence Corporation (Japan)
Sony Corporation (Japan)
Teledyne Technologies, Inc. (U.S.)
Texas Instruments, Inc. (U.S.)
Allied Vision Technologies GmbH (Germany)
Intel Corporation (U.S.)
Baumer Optronic GmbH (Germany)
JAI A/S (Denmark)

Research Coverage:
In terms of market by the hardware component, segments such as camera, frame grabber, optics, LED lighting, and processor, and others are covered. Camera under the hardware component comprehensively covers standard, frame rate, format, and sensor. Under the software component, deep learning and application-specific software are considered.
Major applications for machine vision systems are quality control and inspection, positioning and guidance, measurement, identification, and recognition.
On the basis of vertical, the market has been segmented into industrial vertical (automotive, electronics and semiconductor, consumer electronics, glass, metals, wood and paper, pharmaceutical, food and packaging, rubber and plastics, printing, machinery, and solar panel manufacturing) and nonindustrial vertical (healthcare and medical imaging, postal and logistics, intelligent transportation system, security and surveillance, agriculture, consumer electronics, and autonomous cars)
The geographic analysis is done with regard to four major regions, namely, North America, Europe, APAC, and RoW (South America and Middle East and Africa)

Reasons to Buy This Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market ranking analysis of top players, value chain analysis; company profiles which discuss the basic views on the competitive landscape, emerging and high-growth segments of the machine vision market, high-growth regions, and market dynamics such as drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
Market penetration: Comprehensive information on machine vision systems offered by the top players in the overall machine vision market
Product development/innovation: Detailed insights regarding R&D activities, emerging technologies, and new product launches in the machine vision market
Market development: Comprehensive information about lucrative emerging markets—the report analyses the markets for machine vision across regions
Market diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the overall machine vision market
Competitive assessment: In-depth assessment of market ranking analysis, strategies, products, and manufacturing capabilities of the leading players in the machine vision market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table CURRENCY TABLE
    • LIMITATIONS
    • PACKAGE SIZE
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • FACTOR ANALYSIS
      • DEMAND SIDE
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table MACHINE VISION MARKET: MARKET SIZE IN TERMS OF VALUE, 2014-2022
    • Table MACHINE VISION MARKET, BY CAMERA, 2014-2022
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE MACHINE VISION MARKET
    • MACHINE VISION MARKET, BY VERTICAL (2016-2022)
    • MACHINE VISION MARKET, BY APPLICATION (2016-2022)
    • MACHINE VISION MARKET, BY REGION AND APPLICATION
    • MACHINE VISION MARKET, BY GEOGRAPHY (2016-2022)
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY COMPONENT
      • BY PRODUCT
      • BY APPLICATION
      • BY VERTICAL
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • R&D
      • MACHINE VISION COMPONENT MANUFACTURERS
      • ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
      • SYSTEM INTEGRATORS
      • RESELLERS AND DISTRIBUTORS
      • END USERS
    • INDUSTRY AND TECHNOLOGY TRENDS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MACHINE VISION MARKET, BY COMPONENT
    • INTRODUCTION
      • Table MACHINE VISION MARKET, BY COMPONENT, 2014-2022 (USD MILLION)
    • HARDWARE
      • Table MACHINE VISION MARKET, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table MACHINE VISION MARKET, BY CAMERA, 2014-2022 (MILLION UNITS & USD MILLION)
      • CAMERA
        • Table MARKET FOR CAMERAS, BY INTERFACE STANDARDS, 2014-2022 (USD MILLION)
        • Table MARKET FOR CAMERAS, BY FRAME RATE, 2014-2022 (USD MILLION)
        • Table MARKET FOR CAMERAS, BY FORMAT, 2014-2022 (USD MILLION)
        • Table MARKET FOR CAMERAS, BY SENSOR TYPE, 2014-2022 (USD MILLION)
      • FRAME GRABBER
      • OPTICS
      • LED LIGHTING
      • PROCESSOR
        • Table MARKET FOR CAMERAS, BY PROCESSOR, 2014-2022 (USD MILLION)
    • SOFTWARE
      • Table MACHINE VISION CAMERA MARKET, BY SOFTWARE, 2014-2022 (USD MILLION)
      • APPLICATION SPECIFIC
      • DEEP LEARNING SOFTWARE
  • MACHINE VISION MARKET, BY PRODUCT
    • INTRODUCTION
      • Table MACHINE VISION CAMERA MARKET, BY PRODUCT, 2014-2022 (USD MILLION)
    • PC-BASED MACHINE VISION SYSTEM
      • Table PC-BASED MACHINE VISION PRODUCT MARKET, BY REGION, 2014-2022 (USD MILLION)
      • Table MACHINE VISION MARKET FOR PC-BASED PRODUCTS, BY INDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED PRODUCT MACHINE VISION MARKET FOR ELECTRONICS AND SEMICONDUCTOR VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR PRINTING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table MARKET FOR PC-BASED MACHINE VISION PRODUCT MARKETS FOR METALS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR WOOD AND PAPER VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR FOOD AND PACKAGING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR RUBBER AND PLASTIC VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR PHARMACEUTICAL VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR GLASS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR MACHINERY VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR SOLAR PANEL MANUFACTURING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table MACHINE VISION MARKET FOR PC-BASED PRODUCTS, BY NONINDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR HEALTHCARE AND MEDICAL IMAGING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR POSTAL AND LOGISTICS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR ITS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR SECURITY AND SURVEILLANCE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table PC-BASED MACHINE VISION PRODUCT MARKET FOR AGRICULTURE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
    • SMART CAMERA-BASED VISION SYSTEM
      • Table MACHINE VISION MARKET FOR SMART CAMERA-BASED PRODUCTS, BY REGION, 2014-2022 (USD MILLION)
      • Table MACHINE VISION MARKET FOR SMART-CAMERA BASED PRODUCTS, BY INDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR ELECTRONICS AND SEMICONDUCTOR VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR PRINTING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR METAL VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR WOOD & PAPER, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR FOOD AND PACKAGING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR RUBBER AND PLASTIC VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR PHARMACEUTICAL VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR GLASS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR MACHINERY VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR SOLAR PANEL MANUFACTURING VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table MACHINE VISION MARKET FOR SMART CAMERA-BASED PRODUCTS, BY NONINDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR HEALTHCARE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR POSTAL AND LOGISTICS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR ITS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR SECURITY AND SURVEILLANCE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR AGRICULTURE VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
      • Table SMART CAMERA-BASED MACHINE VISION PRODUCT MARKET FOR AUTONOMOUS CARS VERTICAL, BY REGION, 2014-2022 (USD MILLION)
  • MACHINE VISION MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MACHINE VISION MARKET FOR CAMERAS, BY APPLICATION, 2014-2022 (USD MILLION)
    • QUALITY ASSURANCE & INSPECTION
      • Table MARKET FOR QUALITY ASSURANCE AND INSPECTION APPLICATION OF CAMERA, BY PRODUCT, 2014-2022 (USD MILLION)
    • POSITIONING AND GUIDANCE
      • Table MARKET FOR POSITIONING AND GUIDANCE APPLICATION OF CAMERAS, BY PRODUCT, 2014-2022 (USD MILLION)
    • MEASUREMENT
      • Table MARKET FOR MEASUREMENT APPLICATION OF CAMERAS, BY PRODUCT, 2014-2022 (USD MILLION)
    • IDENTIFICATION
      • Table MARKET FOR IDENTIFICATION APPLICATION OF CAMERAS, BY PRODUCT, 2014-2022 (USD MILLION)
  • MACHINE VISION MARKET, BY VERTICAL
    • INTRODUCTION
      • Table MACHINE VISION MARKET, BY VERTICAL, 2014-2022 (USD MILLION)
    • INDUSTRIAL VERTICAL
      • Table MACHINE VISION MARKET, BY INDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • AUTOMOTIVE
      • ELECTRONICS AND SEMICONDUCTOR
      • CONSUMER ELECTRONICS
      • GLASS
      • METALS
      • WOOD AND PAPER
      • PHARMACEUTICAL
      • FOOD AND PACKAGING
      • RUBBER AND PLASTIC
      • PRINTING
      • MACHINERY
      • SOLAR PANEL MANUFACTURING
    • NONINDUSTRIAL VERTICAL
      • Table MACHINE VISION MARKET, BY NONINDUSTRIAL VERTICAL, 2014-2022 (USD MILLION)
      • HEALTHCARE
      • POSTAL AND LOGISTICS
      • SECURITY AND SURVEILLANCE
      • INTELLIGENT TRANSPORTATION SYSTEMS
      • AGRICULTURE
      • CONSUMER ELECTRONICS
      • AUTONOMOUS CARS
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table MACHINE VISION MARKET, BY REGION, 2014-2022 (USD MILLION)
    • NORTH AMERICA
      • Table MACHINE VISION MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD MILLION)
      • U.S.
      • CANADA
      • MEXICO
        • Table MACHINE VISION MARKET IN NORTH AMERICA, BY VERTICAL, 2014-2022 (USD MILLION)
    • EUROPE
      • Table MACHINE VISION MARKET IN EUROPE, BY COUNTRY, 2014-2022 (USD MILLION)
      • GERMANY
      • U.K.
      • FRANCE
      • ITALY
      • SPAIN
      • REST OF EUROPE (ROE)
        • Table MACHINE VISION MARKET IN EUROPE, BY VERTICAL, 2014-2022 (USD MILLION)
    • ASIA-PACIFIC (APAC)
      • Table MACHINE VISION MARKET IN APAC, BY COUNTRY, 2014-2022 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC (ROAPAC)
        • Table MACHINE VISION MARKET IN APAC, BY VERTICAL, 2014-2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table MACHINE VISION MARKET IN ROW, BY REGION, 2014-2022 (USD MILLION)
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
        • Table MACHINE VISION MARKET IN ROW, BY VERTICAL, 2014-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
      • Table COMPANY REVENUES OF MAJOR PLAYERS, USD BILLION (2013-2015)
    • KEY PLAYERS IN THE MACHINE VISION MARKET
      • Table TOP 5 PLAYERS IN THE MACHINE VISION MARKET, 2015
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS (2014-2016)
      • PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS
        • Table PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS (2014-2016)
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS (2016)
      • OTHER DEVELOPMENTS
        • Table OTHER DEVELOPMENTS (2015)
      • EXPANSIONS
        • Table EXPANSIONS (2014-2016)
  • COMPANY PROFILES
    • INTRODUCTION
    • COGNEX CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BASLER AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OMRON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NATIONAL INSTRUMENTS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KEYENCE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SONY CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • TELEDYNE TECHNOLOGIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • TEXAS INSTRUMENTS, INC
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • ALLIED VISION TECHNOLOGIES GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • INTEL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • BAUMER OPTRONIC GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • JAI A/S
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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