Machine Vision Market by Component (Camera, Frame Grabbers, Optics, LED Lighting, Processors, AI-based Machine Vision Software), Type (PC based, Smart Camera-based), Deployment (General, Robotic Cell), Vision Type (1D, 2D, 3D) - Global Forecast to 2030
Market Report I 2025-05-20 I 310 Pages I MarketsandMarkets
With a CAGR of 8.3%, the worldwide machine vision market is expected to rise from USD 15.83 billion in 2025 to USD 23.63 billion by 2030. The manufacturing sector is witnessing a new wave of technological revolution, boosting the adoption of artificial intelligence (AI) in manufacturing and non-manufacturing applications. AI-based solutions are being adopted in manufacturing facilities to improve productivity by maximizing asset utilization, minimizing downtime, and improving machine efficiency.
"Optics segment to secure significant market share during forecast period"
A camera lens is an optical lens, or an assembly of lenses used in conjunction with a camera body, with a mechanism to capture images of objects. The images can be captured on a photographic film or other media capable of storing an image chemically or electronically. The lens delivers the captured image through the image sensor present in the camera to the end user. The two main types of lenses used in machine vision systems are fixed and interchangeable lenses. As part of a standalone vision system, the fixed lens could be a mechanical or liquid lens, which can focus automatically. Typically, autofocus lenses have a fixed field of view. Except for the detailed design and construction of lenses, there are no major differences between a lens used for a still camera, a video camera, a telescope, a microscope, or other apparatus.
"Automotive segment to account for third-largest market share during forecast period"
The automotive industry plays a vital role in the manufacturing sector. Machine vision technology has a range of applications in the automotive industry, such as gauging and inspecting sealant beads, error-proofing thread presence, verifying piston assembly, inspecting rivet staking heights, inspecting dashboard graphics, verifying airbag assembly, color sorting door handles, identifying tires and wheels, error-proofing component assembly, reading 2D matrix codes, as well as for robotic guidance and assembly. Machine vision systems are used to detect defects and align and assemble parts. These systems are also used for painting and robotics guidance. They improve accuracy in critical activities, including bin picking and positioning parts, such as doors and panels, for assembly. Due to the shortage of skilled laborers, automobile companies focus more on automation in their production processes. The automotive industry is an early adopter of machine vision technology in production.
"North America to account for second-largest market share during forecast period"
North America is estimated to account for the second-largest share of the global machine vision market, primarily due to its strong presence of the healthcare sector, where machine vision systems are widely adopted. The healthcare sector in the region is characterized by stringent regulatory mandates, standard protocols, and comprehensive quality controls. There is an increasing integration of machine vision with artificial intelligence (AI) and edge computing in the region, which enables real-time decision-making in production floors. This development helps manufacturers to cope with labor shortages by simplifying quality control.
Breakdown of primaries
A variety of executives from key organizations operating in the machine vision market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
- By Company Type: Tier 1 -40%, Tier 2 - 25%, and Tier 3 - 35%
- By Designation: C-level Executives - 48%, Directors - 33%, and Others - 19%
- By Region: North America - 35%, Europe - 18%, Asia Pacific - 40%, and RoW - 7%
Major players profiled in this report include Cognex Corporation (US), KEYENCE CORPORATION (Japan), Teledyne Technologies Inc. (US), Basler AG (Germany), Omron Corporation (Japan), and others. These leading companies possess a wide portfolio of products, ensuring a prominent presence in established as well as emerging markets.
The study provides a detailed competitive analysis of these key players in the machine vision market, presenting their company profiles, most recent developments, and key market strategies.
Key Market Players
Key players operating in the machine vision market are as follows:
1. Cognex Corporation (US)
2. Basler AG (Germany)
3. KEYENCE CORPORATION (Japan)
4. Teledyne Technologies Inc. (US)
5. TKH (Netherlands)
6. Omron Corporation (Japan)
7. SICK AG (Germany)
8. Sony Group Corporation (Japan)
9. Texas Instruments Incorporated (US)
10. Atlas Copco AB (Sweden)
11. AMETEK.Inc. (US)
12. Emerson Electric Co. (US)
13. Canon Inc. (Japan)
14. Zebra Technologies Corp. (US)
15. Qualitas Technologies (India)
16. Baumer (Switzerland)
17. Tordivel AS (Norway)
18. MVTec Software GmbH (Germany)
19. JAI A/S (Denmark)
20. Industrial Vision Systems (UK)
21. IVISYS (Sweden)
22. USS Vision LLC (US)
23. Optotune (Switzerland)
24. IDS Imaging Development Systems GmbH (Germany)
25. Intelgic Inc. (India)
Study Coverage
In this report, the machine vision market has been segmented based on application, vision type, deployment, component, system type, industry, and region. Application segments include quality assurance and inspection, positioning and guidance, measurement, identification, and predictive maintenance. Vision type segments include 1D vision system, 2D vision system, and 3D vision system. Deployment segments include general and robotic cell. Component segments include cameras, optics, frame grabbers, LED lighting, processors, other hardware components, and software. System type segments include PC based and smart camera-based machine vision systems. Industry segments include automotive, consumer products, electronics & semiconductors, printing, metals, food & beverages, logistics, healthcare, rubber & plastics, machinery, solar panel manufacturing, and other industries. The market has been segmented into four regions: North America, Asia Pacific, Europe, and RoW.
Key Benefits of Buying the Report
- Analysis of key drivers (Increasing demand for quality assurance and automated inspection in the manufacturing industry, rising adoption of vision-guided robotic systems across multiple industries, growing emphasis on safety and improved product quality in the industrial sector), restraints (Cyber vulnerabilities in industrial robotic systems, lack of skilled workforce to operate machine vision systems in the manufacturing industry), opportunities (Rising implementation of machine vision systems in the food and beverage industry, government-backed initiatives aimed to support industrial automation, growing adoption of AI-powered systems across manufacturing and non-manufacturing sectors, emergence of compact smart cameras and processors, surging market demand for hybrid and EVs), and challenges (Complexities in integrating diverse machine vision components across application sites, lack of awareness and high cost associated with machine vision systems) influencing the growth of the machine vision market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the machine vision market.
- Market Development: Comprehensive information about lucrative markets-the report analyses the machine vision market across various regions.
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the machine vision market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Cognex Corporation (US), KEYENCE CORPORATION (Japan), Teledyne Technologies Inc. (US), Basler AG (Germany), Omron Corporation (Japan), and others.
1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.3 STUDY SCOPE 28
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 28
1.3.2 INCLUSIONS AND EXCLUSIONS 29
1.3.3 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 30
1.5 LIMITATIONS 30
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 30
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
2.1.1 SECONDARY AND PRIMARY RESEARCH 33
2.1.2 SECONDARY DATA 34
2.1.2.1 List of key secondary sources 34
2.1.2.2 Key data from secondary sources 35
2.1.3 PRIMARY DATA 35
2.1.3.1 List of primary interview participants 36
2.1.3.2 Key data from primary sources 36
2.1.3.3 Key industry insights 37
2.1.3.4 Breakdown of primaries 37
2.2 MARKET SIZE ESTIMATION METHODOLOGY 38
2.2.1 BOTTOM-UP APPROACH 38
2.2.1.1 Approach to derive market size using bottom-up analysis
(demand side) 38
2.2.2 TOP-DOWN APPROACH 39
2.2.2.1 Approach to derive market size using top-down analysis (supply side) 39
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41
2.4 RESEARCH ASSUMPTIONS 42
2.5 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 44
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MACHINE VISION MARKET 49
4.2 MACHINE VISION MARKET, BY COMPONENT 50
4.3 MACHINE VISION MARKET, BY INDUSTRY 51
4.4 MACHINE VISION MARKET IN NORTH AMERICA, BY INDUSTRY AND COUNTRY 52
4.5 MACHINE VISION MARKET, BY COUNTRY 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 54
5.2.1 DRIVERS 54
5.2.1.1 Increasing demand for quality assurance and automated inspection in manufacturing industry 54
5.2.1.2 Rising adoption of vision-guided robotic systems across multiple industries 55
5.2.1.3 Growing emphasis on safety and improved product quality 55
5.2.1.4 Growing adoption of AI-powered systems across industries 56
5.2.2 RESTRAINTS 57
5.2.2.1 Lack of awareness and high cost associated with machine vision systems 57
5.2.3 OPPORTUNITIES 57
5.2.3.1 Rising adoption in food & beverage industry 57
5.2.3.2 Government-backed initiatives to support industrial automation 58
5.2.3.3 Emergence of compact smart cameras and processors 58
5.2.3.4 Surging demand for hybrid and EVs 58
5.2.4 CHALLENGES 59
5.2.4.1 Complexities in integrating diverse machine vision components with traditional systems 59
5.2.4.2 Cyber vulnerabilities in industrial robotic systems 60
5.2.4.3 Lack of skilled workforce to operate machine vision systems 60
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 61
5.4 PRICING ANALYSIS 62
5.4.1 INDICATIVE PRICING OF MACHINE VISION KEY COMPONENT (CAMERA),
BY KEY PLAYERS, 2024 62
5.4.2 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, 2021-2024 63
5.4.3 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, BY REGION, 2021-2024 64
5.5 VALUE CHAIN ANALYSIS 65
5.6 ECOSYSTEM ANALYSIS 66
5.7 INVESTMENT AND FUNDING SCENARIO 69
5.8 TECHNOLOGY ANALYSIS 69
5.8.1 KEY TECHNOLOGIES 69
5.8.1.1 Robotic vision 69
5.8.1.2 AI in machine vision 69
5.8.2 COMPLEMENTARY TECHNOLOGIES 70
5.8.2.1 5G 70
5.8.2.2 Edge computing 70
5.8.3 ADJACENT TECHNOLOGIES 70
5.8.3.1 Cloud computing 70
5.9 PATENT ANALYSIS 71
5.10 TRADE ANALYSIS 75
5.10.1 IMPORT SCENARIO (HS CODE 852580) 75
5.10.2 EXPORT SCENARIO (HS CODE 852580) 76
5.11 KEY CONFERENCES AND EVENTS, 2025-2026 77
5.12 CASE STUDY 78
5.12.1 PANPASS TECHNOLOGY CO., LTD. AND COGNEX CORPORATION TRANSFORM YUNMEN WINE GROUP'S TRACEABILITY THROUGH MACHINE VISION AND AI-BASED OCR 78
5.12.2 PRESCRIPTIVE DATA USES TELEDYNE FLIR'S MACHINE VISION SENSORS TO DELIVER ACCURATE OCCUPANCY DATA FOR SMART BUILDINGS 78
5.12.3 LEADING AUTOMOTIVE SUPPLIER IMPROVES INSPECTION EFFICIENCY WITH FUJIFILM'S 4D HIGH RESOLUTION MACHINE VISION LENSES 79
5.12.4 ADVANCED DIMENSIONAL AND QUALITY CONTROL WITH 3D MACHINE VISION AT SIDENOR STEEL MILL 79
5.13 REGULATORY LANDSCAPE 80
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
5.13.2 STANDARDS 82
5.14 PORTER'S FIVE FORCES ANALYSIS 84
5.14.1 THREAT OF NEW ENTRANTS 85
5.14.2 THREAT OF SUBSTITUTES 85
5.14.3 BARGAINING POWER OF SUPPLIERS 85
5.14.4 BARGAINING POWER OF BUYERS 86
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 86
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 87
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 87
5.15.2 BUYING CRITERIA 88
5.16 IMPACT OF AI/GEN AI ON MACHINE VISION MARKET 89
5.16.1 INTRODUCTION 89
5.16.2 IMPACT OF AI/GEN AI ON KEY END-USE INDUSTRIES 89
5.16.2.1 Electronics & semiconductors 89
5.16.2.2 Food & beverages 89
5.16.3 AI USE CASES 90
5.16.4 FUTURE OF AI/GEN AI IN MACHINE VISION ECOSYSTEM 90
5.17 IMPACT OF 2025 US TARIFF ON MACHINE VISION MARKET 90
5.17.1 INTRODUCTION 90
5.17.2 KEY TARIFF RATES 91
5.17.3 PRICE IMPACT ANALYSIS 92
5.17.4 IMPACT ON COUNTRIES/REGIONS 93
5.17.4.1 US 93
5.17.4.2 Europe 94
5.17.4.3 Asia Pacific 94
5.17.5 IMPACT ON END-USE INDUSTRIES 95
6 APPLICATIONS OF MACHINE VISION 97
6.1 INTRODUCTION 97
6.2 QUALITY ASSURANCE AND INSPECTION 98
6.3 POSITIONING AND GUIDANCE 98
6.4 MEASUREMENT 99
6.5 IDENTIFICATION 99
6.6 PREDICTIVE MAINTENANCE 100
7 MACHINE VISION MARKET, BY COMPONENT 101
7.1 INTRODUCTION 102
7.2 CAMERAS 105
7.2.1 EMERGENCE OF 3D CAMERAS WITH HIGH-PRECISION VISION TO DRIVE MARKET 105
7.2.2 INTERFACE STANDARDS 106
7.2.2.1 USB 2.0 106
7.2.2.2 USB 3.0 106
7.2.2.3 Camera Link 106
7.2.2.4 Camera Link HS 106
7.2.2.5 GigE 107
7.2.2.6 10 GigE & 25 GigE bandwidth over GigE Vision 107
7.2.2.7 Others 107
7.2.3 IMAGING SPECTRUM 107
7.2.3.1 Visible light 108
7.2.3.2 Visible + IR/IR 108
7.2.4 FRAME RATE 109
7.2.4.1 Less than 25 frames per second 109
7.2.4.2 25-125 frames per second 109
7.2.4.3 More than 125 frames per second 109
7.2.5 FORMAT 110
7.2.5.1 Line scan 110
7.2.5.2 Area scan 110
7.2.6 SENSOR 111
7.2.6.1 Complementary Metal Oxide Semiconductor (CMOS) 111
7.2.6.2 Charged-Coupled Device (CCD) 111
7.3 FRAME GRABBERS 112
7.3.1 INCREASING ADOPTION IN HIGH-SPEED AND LARGE-SCALE MACHINE VISION SYSTEMS TO DRIVE MARKET 112
7.4 LED LIGHTING 113
7.4.1 INCREASING ADOPTION OF STRUCTURED LIGHTING SOLUTIONS TO FUEL DEMAND 113
7.5 OPTICS 114
7.5.1 GROWING INTEGRATION WITH CAMERA BODIES FOR OBJECT IMAGE CAPTURE TO FUEL DEMAND 114
7.6 PROCESSORS 115
7.6.1 ADOPTION OF ADVANCED VISION SYSTEMS FUELING DEMAND FOR HIGH-PERFORMANCE PROCESSORS 115
7.6.2 FIELD-PROGRAMMABLE GATE ARRAY (FPGA) 116
7.6.3 DIGITAL SIGNAL PROCESSOR (DSP) 116
7.6.4 MICROCONTROLLER AND MICROPROCESSOR 116
7.6.5 VISION PROCESSING UNIT 116
7.7 OTHER HARDWARE COMPONENTS 116
7.7.1 NEED TO ENHANCE SYSTEM RELIABILITY AND PERFORMANCE TO FUEL SEGMENTAL GROWTH 116
7.8 SOFTWARE 117
7.8.1 AI-BASED MACHINE VISION SOFTWARE 118
8 MACHINE VISION MARKET, BY VISION TYPE 120
8.1 INTRODUCTION 120
8.2 1D VISION SYSTEMS 120
8.2.1 APPLICATION IN PRECISE LINEAR INSPECTION IN MANUFACTURING TO DRIVE DEMAND 120
8.3 2D VISION SYSTEMS 121
8.3.1 ADVANCEMENTS IN EMBEDDED VISION AND SMART CAMERA TECHNOLOGIES TO SUPPORT MARKET GROWTH 121
8.4 3D VISION SYSTEMS 121
8.4.1 RISING ADOPTION IN DEPTH ANALYSIS AND SURFACE INSPECTION TO FUEL DEMAND 121
9 MACHINE VISION MARKET, BY DEPLOYMENT 122
9.1 INTRODUCTION 122
9.2 GENERAL 122
9.2.1 RISING DEMAND FOR AUTOMATED INSPECTIONS TO DRIVE MARKET GROWTH 122
9.3 ROBOTIC CELL 123
9.3.1 RISING AUTOMATION AND TECHNOLOGICAL ADVANCEMENTS TO PROPEL MACHINE VISION ADOPTION 123
10 MACHINE VISION MARKET, BY SYSTEM TYPE 124
10.1 INTRODUCTION 125
10.2 PC-BASED 126
10.2.1 ADVANCED PROCESSING WITH MULTI-CAMERA SUPPORT TO DRIVE ADOPTION OF PC-BASED VISION SYSTEMS 126
10.3 SMART CAMERA-BASED 128
10.3.1 RISING ADOPTION OF SMART CAMERA IN IMAGING AND SECURITY APPLICATIONS TO DRIVE MARKET 128
11 MACHINE VISION MARKET, BY INDUSTRY 130
11.1 INTRODUCTION 131
11.2 AUTOMOTIVE 134
11.2.1 NEED FOR ENHANCING ACCURACY AND PRODUCTIVITY TO INCREASE ADOPTION 134
11.3 ELECTRONICS & SEMICONDUCTORS 135
11.3.1 RISING NEED TO IMPROVE ELECTRONIC MANUFACTURING BY IDENTIFYING DEFECTS AND ENHANCING SEMICONDUCTOR PRODUCTION 135
11.4 CONSUMER PRODUCTS 137
11.4.1 GROWING DEMAND FOR AUTOMATED INSPECTION TO IMPROVE ELECTRONIC ASSEMBLY TO DRIVE MARKET 137
11.5 METALS 139
11.5.1 SHORTAGE OF SKILLED LABOR FUELING ADOPTION OF MACHINE VISION SYSTEMS TO BOOST PRODUCT QUALITY 139
11.6 HEALTHCARE 140
11.6.1 STRINGENT GOVERNMENT REGULATION AND GROWING NEED TO COMBAT COUNTERFEIT PRODUCTS TO DRIVE MARKET 140
11.7 FOOD & BEVERAGES 142
11.7.1 FOOD 142
11.7.1.1 Need to reduce labor cost and enhance food processing fueling adoption 142
11.7.2 BEVERAGES 143
11.7.2.1 Need to ensure quality and hygiene in beverage production to fuel market growth 143
11.8 RUBBER & PLASTICS 144
11.8.1 INCREASING CONSUMPTION OF PLASTICS IN VARIOUS INDUSTRIAL SECTORS TO SUPPORT MARKET GROWTH 144
11.9 PRINTING 146
11.9.1 MACHINE VISION SYSTEMS INCREASINGLY USED TO MAINTAIN QUALITY IN PRINTING OPERATIONS 146
11.10 MACHINERY 147
11.10.1 GROWING NEED TO ENHANCE MACHINERY PERFORMANCE AND SAFETY TO FUEL DEMAND 147
11.11 SOLAR PANEL MANUFACTURING 148
11.11.1 NEED FOR INCREASED PRODUCTION AND QUALITY OF SOLAR PANELS TO BOOST MARKET GROWTH 148
11.12 LOGISTICS 150
11.12.1 GROWING DEMAND FOR AUTOMATED SORTING AND TRACKING TO DRIVE MARKET 150
11.13 OTHER INDUSTRIES 151
11.13.1 INCREASING ADOPTION OF MACHINE VISION FOR DEFECT DETECTION AND QUALITY CONTROL TO SUPPORT MARKET GROWTH 151
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12 MACHINE VISION MARKET, BY REGION 153
12.1 INTRODUCTION 154
12.2 NORTH AMERICA 156
12.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 156
12.2.2 US 162
12.2.2.1 Expanding role of machine vision in healthcare and automotive applications to drive market 162
12.2.3 CANADA 163
12.2.3.1 Increasing adoption in automotive, electronics, and healthcare industries to boost demand 163
12.2.4 MEXICO 165
12.2.4.1 Growing emphasis on high-quality standards and operational efficiency to fuel adoption 165
12.3 EUROPE 166
12.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 167
12.3.2 GERMANY 172
12.3.2.1 Increasing adoption to enhance operational efficiency and precision in industrial applications to drive market 172
12.3.3 UK 174
12.3.3.1 Rising adoption in automotive and manufacturing sectors to fuel market growth 174
12.3.4 FRANCE 175
12.3.4.1 Growth in electric vehicle market and portable electronics driving machine vision adoption 175
12.3.5 ITALY 177
12.3.5.1 Government initiatives driving adoption of advanced manufacturing technologies 177
12.3.6 SPAIN 178
12.3.6.1 Growth of consumer electronics and pharmaceutical industries fueling machine vision adoption 178
12.3.7 NETHERLANDS 180
12.3.7.1 Rising adoption in logistics, food processing, and electronics sectors to drive market 180
12.3.8 SWITZERLAND 181
12.3.8.1 Increased integration of machine vision in precision manufacturing and pharmaceutical automation to boost market 181
12.3.9 NORDICS 183
12.3.9.1 Strong push for industrial automation fueling demand across manufacturing and energy sectors 183
12.3.10 REST OF EUROPE 184
12.4 ASIA PACIFIC 186
12.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 186
12.4.2 CHINA 191
12.4.2.1 Expanding deployment of machine vision systems for higher productivity and quality enhancement 191
12.4.3 JAPAN 192
12.4.3.1 Increasing adoption in consumer electronics sector to boost market growth 192
12.4.4 SOUTH KOREA 194
12.4.4.1 Adoption of machine vision systems expanding in key sectors to ensure quality compliance 194
12.4.5 INDIA 195
12.4.5.1 Government initiatives driving factory automation growth 195
12.4.6 INDONESIA 197
12.4.6.1 Emerging industrial base and rising automation needs driving machine vision adoption 197
12.4.7 SINGAPORE 198
12.4.7.1 Technological leadership and advanced infrastructure supporting market growth 198
12.4.8 AUSTRALIA 200
12.4.8.1 Expanding applications in food & beverages and electronics industries to drive demand 200
12.4.9 REST OF ASIA PACIFIC 201
12.5 ROW 203
12.5.1 MACROECONOMIC OUTLOOK FOR ROW 203
12.5.2 MIDDLE EAST 207
12.5.2.1 Saudi Arabia 209
12.5.2.1.1 Vision 2030 reforms fueling demand for industrial automation and machine vision systems 209
12.5.2.2 UAE 210
12.5.2.2.1 Rapid digital transformation and smart factory initiatives to fuel market growth 210
12.5.2.3 Bahrain 210
12.5.2.3.1 Increasing investment in smart manufacturing technologies to drive machine vision adoption 210
12.5.2.4 Kuwait 210
12.5.2.4.1 Rising implementation of smart factories accelerating demand for machine vision technologies 210
12.5.2.5 Oman 210
12.5.2.5.1 Strategic focus on industrial modernization fostering machine vision system adoption 210
12.5.2.6 Qatar 211
12.5.2.6.1 Strategic focus on automation and vision technologies to enhance industrial capabilities 211
12.5.2.7 Rest of Middle East 211
12.5.3 SOUTH AMERICA 211
12.5.3.1 Brazil 213
12.5.3.1.1 Booming automotive, food & beverages, and manufacturing industries driving machine vision adoption 213
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12.5.3.2 Argentina 214
12.5.3.2.1 Growing focus on modernizing manufacturing facilities to boost machine vision market 214
12.5.3.3 Other South American countries 214
12.5.4 AFRICA 214
12.5.4.1 South Africa 216
12.5.4.1.1 Increasing focus on automated visual inspection and quality assurance to drive adoption 216
12.5.4.2 Other African countries 217
13 COMPETITIVE LANDSCAPE 218
13.1 INTRODUCTION 218
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, JANUARY 2021-MARCH 2025 218
13.3 REVENUE ANALYSIS, 2020-2024 220
13.4 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024 221
13.5 PRODUCT COMPARISON 223
13.6 COMPANY VALUATION AND FINANCIAL METRICS 223
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 224
13.7.1 STARS 224
13.7.2 EMERGING LEADERS 224
13.7.3 PERVASIVE PLAYERS 224
13.7.4 PARTICIPANTS 225
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 226
13.7.5.1 Company footprint 226
13.7.5.2 Region footprint 227
13.7.5.3 System type footprint 228
13.7.5.4 Component footprint 229
13.7.5.5 Industry footprint 230
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 231
13.8.1 PROGRESSIVE COMPANIES 231
13.8.2 RESPONSIVE COMPANIES 231
13.8.3 DYNAMIC COMPANIES 231
13.8.4 STARTING BLOCKS 231
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 233
13.8.5.1 Detailed list of key startups/SMEs 233
13.8.5.2 Competitive benchmarking of key startups/SMEs 233
13.9 COMPETITIVE SCENARIO 234
13.9.1 PRODUCT LAUNCHES 234
13.9.2 DEALS 239
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14 COMPANY PROFILES 241
14.1 KEY PLAYERS 241
14.1.1 COGNEX CORPORATION 241
14.1.1.1 Business overview 241
14.1.1.2 Products/Solutions/Services offered 242
14.1.1.3 Recent developments 243
14.1.1.3.1 Product launches 243
14.1.1.4 MnM view 245
14.1.1.4.1 Key strengths 245
14.1.1.4.2 Strategic choices 245
14.1.1.4.3 Weaknesses and competitive threats 245
14.1.2 BASLER AG 246
14.1.2.1 Business overview 246
14.1.2.2 Products/Solutions/Services offered 247
14.1.2.3 Recent developments 249
14.1.2.3.1 Product launches 249
14.1.2.3.2 Deals 249
14.1.2.4 MnM view 250
14.1.2.4.1 Key strengths 250
14.1.2.4.2 Strategic choices 250
14.1.2.4.3 Weaknesses and competitive threats 250
14.1.3 KEYENCE CORPORATION 251
14.1.3.1 Business overview 251
14.1.3.2 Products/Solutions/Services offered 252
14.1.3.3 Recent developments 254
14.1.3.3.1 Product launches 254
14.1.3.4 MnM view 254
14.1.3.4.1 Key strengths 254
14.1.3.4.2 Strategic choices 254
14.1.3.4.3 Weaknesses and competitive threats 254
14.1.4 TELEDYNE TECHNOLOGIES INC. 255
14.1.4.1 Business overview 255
14.1.4.2 Products/Solutions/Services offered 256
14.1.4.3 Recent developments 258
14.1.4.3.1 Product launches 258
14.1.4.4 MnM view 259
14.1.4.4.1 Key strengths 259
14.1.4.4.2 Strategic choices 259
14.1.4.4.3 Weaknesses and competitive threats 259
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14.1.5 OMRON CORPORATION 260
14.1.5.1 Business overview 260
14.1.5.2 Products/Solutions/Services offered 261
14.1.5.3 Recent developments 262
14.1.5.3.1 Product launches 262
14.1.5.3.2 Deals 263
14.1.5.4 MnM view 264
14.1.5.4.1 Key strengths 264
14.1.5.4.2 Strategic choices 264
14.1.5.4.3 Weaknesses and competitive threats 264
14.1.6 TKH 265
14.1.6.1 Business overview 265
14.1.6.2 Products/Solutions/Services offered 266
14.1.6.3 Recent developments 267
14.1.6.3.1 Product launches 267
14.1.6.3.2 Deals 267
14.1.6.4 MnM view 268
14.1.6.4.1 Key strengths 268
14.1.6.4.2 Strategic choices 268
14.1.6.4.3 Weaknesses and competitive threats 268
14.1.7 SICK AG 269
14.1.7.1 Business overview 269
14.1.7.2 Products/Solutions/Services offered 270
14.1.7.3 Recent developments 271
14.1.7.3.1 Product launches 271
14.1.7.3.2 Deals 272
14.1.8 SONY GROUP CORPORATION 273
14.1.8.1 Business overview 273
14.1.8.2 Products/Solutions/Services offered 274
14.1.8.3 Recent developments 275
14.1.8.3.1 Product launches 275
14.1.9 TEXAS INSTRUMENTS INCORPORATED 276
14.1.9.1 Business overview 276
14.1.9.2 Products/Solutions/Services offered 277
14.1.9.3 Recent developments 278
14.1.9.3.1 Product launches 278
14.1.10 ATLAS COPCO AB 279
14.1.10.1 Business overview 279
14.1.10.2 Products/Solutions/Services offered 280
14.1.11 AMETEK.INC. 282
14.1.11.1 Business overview 282
14.1.11.2 Products/Solutions/Services offered 283
14.1.12 EMERSON ELECTRIC CO. 284
14.1.12.1 Business overview 284
14.1.12.2 Products/Solutions/Services offered 285
14.1.12.3 Recent developments 286
14.1.12.3.1 Deals 286
14.1.13 CANON INC. 287
14.1.13.1 Business overview 287
14.1.13.2 Products/Solutions/Services offered 288
14.1.14 ZEBRA TECHNOLOGIES CORP. 289
14.1.14.1 Business overview 289
14.1.14.2 Products/Solutions/Services offered 290
14.1.14.3 Recent developments 291
14.1.14.3.1 Product launches 291
14.1.14.3.2 Deals 291
14.2 OTHER PLAYERS 292
14.2.1 QUALITAS TECHNOLOGIES 292
14.2.2 BAUMER 293
14.2.3 TORDIVEL AS 294
14.2.4 MVTEC SOFTWARE GMBH 295
14.2.5 JAI A/S 296
14.2.6 INDUSTRIAL VISION SYSTEMS 297
14.2.7 IVISYS 298
14.2.8 USS VISION LLC 298
14.2.9 OPTOTUNE 299
14.2.10 IDS IMAGING DEVELOPMENT SYSTEMS GMBH 300
14.2.11 INTELGIC INC. 301
15 APPENDIX 302
15.1 INSIGHTS FROM INDUSTRY EXPERTS 302
15.2 DISCUSSION GUIDE 303
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 306
15.4 CUSTOMIZATION OPTIONS 308
15.5 RELATED REPORTS 308
15.6 AUTHOR DETAILS 309
TABLE 1 MACHINE VISION MARKET: RESEARCH ASSUMPTIONS 42
TABLE 2 MACHINE VISION MARKET: RISK ANALYSIS 43
TABLE 3 INDICATING PRICING OF MACHINE VISION KEY COMPONENT (CAMERA),
BY KEY PLAYERS, 2024 62
TABLE 4 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, 2021-2024 (USD) 63
TABLE 5 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, BY REGION, 2021-2024 (USD) 64
TABLE 6 MACHINE VISION MARKET: ROLE OF COMPANIES IN ECOSYSTEM 67
TABLE 7 LIST OF MAJOR PATENTS, 2021-2024 72
TABLE 8 IMPORT DATA FOR HS CODE 852580-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION) 75
TABLE 9 EXPORT DATA FOR HS CODE 852580-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION) 76
TABLE 10 LIST OF KEY CONFERENCES AND EVENTS, 2025-2026 77
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 15 STANDARDS 83
TABLE 16 MACHINE VISION MARKET: IMPACT OF PORTER'S FIVE FORCES 84
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%) 87
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 88
TABLE 19 US-ADJUSTED RECIPROCAL TARIFF RATES 91
TABLE 20 KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR MACHINE VISION 92
TABLE 21 MACHINE VISION MARKET, BY COMPONENT, 2021-2024 (USD MILLION) 103
TABLE 22 MACHINE VISION MARKET, BY COMPONENT, 2025-2030 (USD MILLION) 104
TABLE 23 MACHINE VISION MARKET, BY HARDWARE COMPONENT,
2021-2024 (MILLION UNITS) 104
TABLE 24 MACHINE VISION MARKET, BY HARDWARE COMPONENT,
2025-2030 (MILLION UNITS) 104
TABLE 25 CAMERAS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 105
TABLE 26 CAMERAS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 105
TABLE 27 CAMERAS: MACHINE VISION HARDWARE MARKET, BY IMAGING SPECTRUM,
2021-2024 (USD MILLION) 108
TABLE 28 CAMERAS: MACHINE VISION HARDWARE MARKET, BY IMAGING SPECTRUM,
2025-2030 (USD MILLION) 109
TABLE 29 CAMERAS: MACHINE VISION HARDWARE MARKET, BY FRAME RATE,
2021-2024 (USD MILLION) 109
TABLE 30 CAMERAS: MACHINE VISION HARDWARE MARKET, BY FRAME RATE,
2025-2030 (USD MILLION) 110
TABLE 31 CAMERAS: MACHINE VISION HARDWARE MARKET, BY FORMAT,
2021-2024 (USD MILLION) 110
TABLE 32 CAMERAS: MACHINE VISION HARDWARE MARKET, BY FORMAT,
2025-2030 (USD MILLION) 111
TABLE 33 FRAME GRABBERS: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 112
TABLE 34 FRAME GRABBERS: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 112
TABLE 35 LED LIGHTING: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 113
TABLE 36 LED LIGHTING: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 113
TABLE 37 OPTICS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 114
TABLE 38 OPTICS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 114
TABLE 39 PROCESSORS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 115
TABLE 40 PROCESSORS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 115
TABLE 41 OTHER HARDWARE COMPONENTS: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 117
TABLE 42 OTHER HARDWARE COMPONENTS: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 117
TABLE 43 SOFTWARE: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 118
TABLE 44 SOFTWARE: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 118
TABLE 45 MACHINE VISION MARKET, BY SYSTEM TYPE, 2021-2024 (USD MILLION) 126
TABLE 46 MACHINE VISION MARKET, BY SYSTEM TYPE, 2025-2030 (USD MILLION) 126
TABLE 47 PC-BASED: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 127
TABLE 48 PC-BASED: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 127
TABLE 49 SMART CAMERA-BASED: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 128
TABLE 50 SMART CAMERA-BASED: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 129
TABLE 51 MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 133
TABLE 52 MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 133
TABLE 53 AUTOMOTIVE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 134
TABLE 54 AUTOMOTIVE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 134
TABLE 55 AUTOMOTIVE: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 135
TABLE 56 AUTOMOTIVE: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 135
TABLE 57 ELECTRONICS & SEMICONDUCTORS: MACHINE VISION MARKET, BY SYSTEM TYPE, 2021-2024 (USD MILLION) 136
TABLE 58 ELECTRONICS & SEMICONDUCTORS: MACHINE VISION MARKET, BY SYSTEM TYPE, 2025-2030 (USD MILLION) 136
TABLE 59 ELECTRONICS & SEMICONDUCTORS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 136
TABLE 60 ELECTRONICS & SEMICONDUCTORS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 137
TABLE 61 CONSUMER PRODUCTS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 138
TABLE 62 CONSUMER PRODUCTS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 138
TABLE 63 CONSUMER PRODUCTS: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 138
TABLE 64 CONSUMER PRODUCTS: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 138
TABLE 65 METALS: MACHINE VISION MARKET, BY SYSTEM TYPE, 2021-2024 (USD MILLION) 139
TABLE 66 METALS: MACHINE VISION MARKET, BY SYSTEM TYPE, 2025-2030 (USD MILLION) 139
TABLE 67 METALS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 140
TABLE 68 METALS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 140
TABLE 69 HEALTHCARE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 141
TABLE 70 HEALTHCARE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 141
TABLE 71 HEALTHCARE: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 141
TABLE 72 HEALTHCARE: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 142
TABLE 73 FOOD & BEVERAGE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 143
TABLE 74 FOOD & BEVERAGE: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 143
TABLE 75 FOOD & BEVERAGE: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 143
TABLE 76 FOOD & BEVERAGE: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 144
TABLE 77 RUBBER & PLASTICS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 145
TABLE 78 RUBBER & PLASTICS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 145
TABLE 79 RUBBER & PLASTICS: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 145
TABLE 80 RUBBER & PLASTICS: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 145
TABLE 81 PRINTING: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 146
TABLE 82 PRINTING: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 146
TABLE 83 PRINTING: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 146
TABLE 84 PRINTING: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 147
TABLE 85 MACHINERY: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 147
TABLE 86 MACHINERY: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 147
TABLE 87 MACHINERY: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 148
TABLE 88 MACHINERY: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 148
TABLE 89 SOLAR PANEL MANUFACTURING: MACHINE VISION MARKET, BY SYSTEM TYPE, 2021-2024 (USD MILLION) 149
TABLE 90 SOLAR PANEL MANUFACTURING: MACHINE VISION MARKET, BY SYSTEM TYPE, 2025-2030 (USD MILLION) 149
TABLE 91 SOLAR PANEL MANUFACTURING: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 149
TABLE 92 SOLAR PANEL MANUFACTURING: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 149
TABLE 93 LOGISTICS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 150
TABLE 94 LOGISTICS: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 150
TABLE 95 LOGISTICS: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 150
TABLE 96 LOGISTICS: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 151
TABLE 97 OTHER INDUSTRIES: MACHINE VISION MARKET, BY SYSTEM TYPE,
2021-2024 (USD MILLION) 152
TABLE 98 OTHER INDUSTRIES: MACHINE VISION MARKET, BY SYSTEM TYPE,
2025-2030 (USD MILLION) 152
TABLE 99 OTHER INDUSTRIES: MACHINE VISION MARKET, BY REGION,
2021-2024 (USD MILLION) 152
TABLE 100 OTHER INDUSTRIES: MACHINE VISION MARKET, BY REGION,
2025-2030 (USD MILLION) 152
TABLE 101 MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 155
TABLE 102 MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 155
TABLE 103 NORTH AMERICA: MACHINE VISION MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 159
TABLE 104 NORTH AMERICA: MACHINE VISION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 159
TABLE 105 NORTH AMERICA: MACHINE VISION MARKET, BY COMPONENT,
2021-2024 (USD MILLION) 160
TABLE 106 NORTH AMERICA: MACHINE VISION MARKET, BY COMPONENT,
2025-2030 (USD MILLION) 160
TABLE 107 NORTH AMERICA: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 161
TABLE 108 NORTH AMERICA: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 161
TABLE 109 US: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 162
TABLE 110 US: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 163
TABLE 111 CANADA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 164
TABLE 112 CANADA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 164
TABLE 113 MEXICO: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 165
TABLE 114 MEXICO: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 166
TABLE 115 EUROPE: MACHINE VISION MARKET, BY COUNTRY, 2021-2024 (USD MILLION) 169
TABLE 116 EUROPE: MACHINE VISION MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 170
TABLE 117 EUROPE: MACHINE VISION MARKET, BY COMPONENT, 2021-2024 (USD MILLION) 170
TABLE 118 EUROPE: MACHINE VISION MARKET, BY COMPONENT, 2025-2030 (USD MILLION) 171
TABLE 119 EUROPE: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 171
TABLE 120 EUROPE: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 172
TABLE 121 GERMANY: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 173
TABLE 122 GERMANY: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 173
TABLE 123 UK: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 174
TABLE 124 UK: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 175
TABLE 125 FRANCE: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 176
TABLE 126 FRANCE: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 176
TABLE 127 ITALY: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 177
TABLE 128 ITALY: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 178
TABLE 129 SPAIN: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 179
TABLE 130 SPAIN: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 179
TABLE 131 NETHERLANDS: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 180
TABLE 132 NETHERLANDS: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 181
TABLE 133 SWITZERLAND: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 182
TABLE 134 SWITZERLAND: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 182
TABLE 135 NORDICS: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 183
TABLE 136 NORDICS: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 184
TABLE 137 REST OF EUROPE: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 185
TABLE 138 REST OF EUROPE: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 185
TABLE 139 ASIA PACIFIC: MACHINE VISION MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 188
TABLE 140 ASIA PACIFIC: MACHINE VISION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 189
TABLE 141 ASIA PACIFIC: MACHINE VISION MARKET, BY COMPONENT,
2021-2024 (USD MILLION) 189
TABLE 142 ASIA PACIFIC: MACHINE VISION MARKET, BY COMPONENT,
2025-2030 (USD MILLION) 189
TABLE 143 ASIA PACIFIC: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 190
TABLE 144 ASIA PACIFIC: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 190
TABLE 145 CHINA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 191
TABLE 146 CHINA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 192
TABLE 147 JAPAN: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 193
TABLE 148 JAPAN: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 193
TABLE 149 SOUTH KOREA: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 194
TABLE 150 SOUTH KOREA: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 195
TABLE 151 INDIA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 196
TABLE 152 INDIA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 196
TABLE 153 INDONESIA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 197
TABLE 154 INDONESIA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 198
TABLE 155 SINGAPORE: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 199
TABLE 156 SINGAPORE: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 199
TABLE 157 AUSTRALIA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 200
TABLE 158 AUSTRALIA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 201
TABLE 159 REST OF ASIA PACIFIC: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 202
TABLE 160 REST OF ASIA PACIFIC: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 202
TABLE 161 ROW: MACHINE VISION MARKET, BY REGION, 2021-2024 (USD MILLION) 204
TABLE 162 ROW: MACHINE VISION MARKET, BY REGION, 2025-2030 (USD MILLION) 204
TABLE 163 ROW: MACHINE VISION MARKET, BY COMPONENT, 2021-2024 (USD MILLION) 205
TABLE 164 ROW: MACHINE VISION MARKET, BY COMPONENT, 2025-2030 (USD MILLION) 205
TABLE 165 ROW: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 206
TABLE 166 ROW: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 206
TABLE 167 MIDDLE EAST: MACHINE VISION MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 207
TABLE 168 MIDDLE EAST: MACHINE VISION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 208
TABLE 169 MIDDLE EAST: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 208
TABLE 170 MIDDLE EAST: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 209
TABLE 171 SOUTH AMERICA: MACHINE VISION MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 211
TABLE 172 SOUTH AMERICA: MACHINE VISION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 212
TABLE 173 SOUTH AMERICA: MACHINE VISION MARKET, BY INDUSTRY,
2021-2024 (USD MILLION) 212
TABLE 174 SOUTH AMERICA: MACHINE VISION MARKET, BY INDUSTRY,
2025-2030 (USD MILLION) 213
TABLE 175 AFRICA: MACHINE VISION MARKET, BY COUNTRY, 2021-2024 (USD MILLION) 214
TABLE 176 AFRICA: MACHINE VISION MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 215
TABLE 177 AFRICA: MACHINE VISION MARKET, BY INDUSTRY, 2021-2024 (USD MILLION) 215
TABLE 178 AFRICA: MACHINE VISION MARKET, BY INDUSTRY, 2025-2030 (USD MILLION) 216
TABLE 179 MACHINE VISION MARKET: OVERVIEW OF STRATEGIES ADOPTED
BY KEY PLAYERS, JANUARY 2021-MARCH 2025 218
TABLE 180 MACHINE VISION MARKET: DEGREE OF COMPETITION 221
TABLE 181 MACHINE VISION MARKET: REGION FOOTPRINT 227
TABLE 182 MACHINE VISION MARKET: SYSTEM TYPE FOOTPRINT 228
TABLE 183 MACHINE VISION MARKET: COMPONENT FOOTPRINT 229
TABLE 184 MACHINE VISION MARKET: INDUSTRY FOOTPRINT 230
TABLE 185 MACHINE VISION MARKET: DETAILED LIST OF KEY STARTUPS/SMES 233
TABLE 186 MACHINE VISION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 233
TABLE 187 MACHINE VISION MARKET: PRODUCT LAUNCHES, JANUARY 2021-MARCH 2025 234
TABLE 188 MACHINE VISION MARKET: DEALS, JANUARY 2021-MARCH 2025 239
TABLE 189 COGNEX CORPORATION: COMPANY OVERVIEW 241
TABLE 190 COGNEX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 191 COGNEX CORPORATION: PRODUCT LAUNCHES 243
TABLE 192 BASLER AG: COMPANY OVERVIEW 246
TABLE 193 BASLER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 247
TABLE 194 BASLER AG: PRODUCT LAUNCHES 249
TABLE 195 BASLER AG: DEALS 249
TABLE 196 KEYENCE CORPORATION: COMPANY OVERVIEW 251
TABLE 197 KEYENCE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 252
TABLE 198 KEYENCE CORPORATION: PRODUCT LAUNCHES 254
TABLE 199 TELEDYNE TECHNOLOGIES INC.: COMPANY OVERVIEW 255
TABLE 200 TELEDYNE TECHNOLOGIES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 256
TABLE 201 TELEDYNE TECHNOLOGIES INC.: PRODUCT LAUNCHES 258
TABLE 202 OMRON CORPORATION: COMPANY OVERVIEW 260
TABLE 203 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 261
TABLE 204 OMRON CORPORATION: PRODUCT LAUNCHES 262
TABLE 205 OMRON CORPORATION: DEALS 263
TABLE 206 TKH: COMPANY OVERVIEW 265
TABLE 207 TKH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
TABLE 208 TKH: PRODUCT LAUNCHES 267
TABLE 209 TKH: DEALS 267
TABLE 210 SICK AG: COMPANY OVERVIEW 269
TABLE 211 SICK AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 270
TABLE 212 SICK AG: PRODUCT LAUNCHES 271
TABLE 213 SICK AG: DEALS 272
TABLE 214 SONY GROUP CORPORATION: COMPANY OVERVIEW 273
TABLE 215 SONY GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 274
TABLE 216 SONY GROUP CORPORATION: PRODUCT LAUNCHES 275
TABLE 217 TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW 276
TABLE 218 TEXAS INSTRUMENTS INCORPORATED: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 277
TABLE 219 TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES 278
TABLE 220 ATLAS COPCO AB: COMPANY OVERVIEW 279
TABLE 221 ATLAS COPCO AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 280
TABLE 222 AMETEK.INC.: COMPANY OVERVIEW 282
TABLE 223 AMETEK.INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 283
TABLE 224 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 284
TABLE 225 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 285
TABLE 226 EMERSON ELECTRIC CO.: DEALS 286
TABLE 227 CANON INC.: COMPANY OVERVIEW 287
TABLE 228 CANON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 288
TABLE 229 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW 289
TABLE 230 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
TABLE 231 ZEBRA TECHNOLOGIES CORP.: PRODUCT LAUNCHES 291
TABLE 232 ZEBRA TECHNOLOGIES CORP.: DEALS 291
FIGURE 1 MACHINE VISION MARKET SEGMENTATION AND REGIONAL SCOPE 28
FIGURE 2 MACHINE VISION MARKET: RESEARCH DESIGN 32
FIGURE 3 MACHINE VISION MARKET: RESEARCH APPROACH 34
FIGURE 4 MACHINE VISION MARKET: BOTTOM-UP APPROACH 39
FIGURE 5 MACHINE VISION MARKET: TOP-DOWN APPROACH 40
FIGURE 6 MACHINE VISION MARKET SIZE ESTIMATION METHODOLOGY 40
FIGURE 7 MACHINE VISION MARKET: DATA TRIANGULATION 41
FIGURE 8 MACHINE VISION MARKET SIZE, 2021-2030 45
FIGURE 9 CAMERAS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MACHINE VISION MARKET FROM 2025 TO 2030 45
FIGURE 10 SMART CAMERA-BASED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 46
FIGURE 11 FOOD & BEVERAGES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 47
FIGURE 12 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF MACHINE VISION MARKET
IN 2024 48
FIGURE 13 GROWING AUTOMATION OF INDUSTRIAL PROCESSES TO DRIVE ADOPTION OF MACHINE VISION SOLUTIONS 49
FIGURE 14 CAMERAS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MACHINE VISION MARKET DURING FORECAST PERIOD 50
FIGURE 15 FOOD & BEVERAGES SEGMENT TO BE LARGEST END USER DURING FORECAST PERIOD 51
FIGURE 16 US DOMINATED NORTH AMERICAN MACHINE VISION MARKET IN 2024 52
FIGURE 17 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL MACHINE VISION MARKET DURING FORECAST PERIOD 52
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
FIGURE 19 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTICS, 2019-2023 55
FIGURE 20 IMPACT ANALYSIS: DRIVERS 56
FIGURE 21 IMPACT ANALYSIS: RESTRAINTS 57
FIGURE 22 IMPACT ANALYSIS: OPPORTUNITIES 59
FIGURE 23 IMPACT ANALYSIS: CHALLENGES 61
FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 61
FIGURE 25 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, 2021-2024 63
FIGURE 26 AVERAGE SELLING PRICE TREND OF MACHINE VISION HARDWARE COMPONENT, BY REGION, 2020?2024 64
FIGURE 27 MACHINE VISION MARKET: VALUE CHAIN ANALYSIS 65
FIGURE 28 MACHINE VISION MARKET: ECOSYSTEM ANALYSIS 67
FIGURE 29 INVESTMENT AND FUNDING SCENARIO, 2021-2024 69
FIGURE 30 PATENTS APPLIED AND GRANTED, 2015-2024 71
FIGURE 31 IMPORT DATA FOR HS CODE 852580-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2019-2023 75
FIGURE 32 EXPORT DATA FOR HS CODE 852580-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2019-2023 76
FIGURE 33 MACHINE VISION MARKET: PORTER'S FIVE FORCES ANALYSIS 84
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 87
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 88
FIGURE 36 AI USE CASES IN MACHINE VISION 90
FIGURE 37 MACHINE VISION MARKET, BY APPLICATION 97
FIGURE 38 MACHINE VISION MARKET, BY COMPONENT 102
FIGURE 39 SOFTWARE SEGMENT TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 103
FIGURE 40 MACHINE VISION MARKET, BY VISION TYPE 120
FIGURE 41 MACHINE VISION MARKET, BY DEPLOYMENT 122
FIGURE 42 MACHINE VISION MARKET, BY SYSTEM TYPE 125
FIGURE 43 SMART CAMERA-BASED SEGMENT TO REGISTER HIGHER CAGR FROM
2025 TO 2030 125
FIGURE 44 MACHINE VISION MARKET, BY INDUSTRY 131
FIGURE 45 FOOD & BEVERAGES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MACHINE VISION MARKET 132
FIGURE 46 MACHINE VISION MARKET, BY REGION 154
FIGURE 47 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL MACHINE VISION MARKET DURING FORECAST PERIOD 155
FIGURE 48 NORTH AMERICA: MACHINE VISION MARKET SNAPSHOT 158
FIGURE 49 US TO DOMINATE NORTH AMERICAN MACHINE VISION MARKET FROM
2025 TO 2030 159
FIGURE 50 EUROPE: MACHINE VISION MARKET SNAPSHOT 168
FIGURE 51 GERMANY TO ACCOUNT FOR LARGEST SHARE OF EUROPEAN MACHINE VISION MARKET DURING FORECAST PERIOD 169
FIGURE 52 ASIA PACIFIC: MACHINE VISION MARKET SNAPSHOT 187
FIGURE 53 CHINA TO BE LARGEST MACHINE VISION MARKET IN ASIA PACIFIC BETWEEN
2025 AND 2030 188
FIGURE 54 SOUTH AMERICA TO DOMINATE MACHINE VISION MARKET IN ROW MARKET DURING FORECAST PERIOD 204
FIGURE 55 MACHINE VISION MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS,
2020-2024 220
FIGURE 56 MACHINE VISION MARKET SHARE ANALYSIS, 2024 221
FIGURE 57 PRODUCT COMPARISON 223
FIGURE 58 COMPANY VALUATION 223
FIGURE 59 FINANCIAL METRICS (EV/EBITDA) 224
FIGURE 60 MACHINE VISION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 225
FIGURE 61 MACHINE VISION MARKET: COMPANY FOOTPRINT 226
FIGURE 62 MACHINE VISION MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2024 232
FIGURE 63 COGNEX CORPORATION: COMPANY SNAPSHOT 242
FIGURE 64 BASLER AG: COMPANY SNAPSHOT 247
FIGURE 65 KEYENCE CORPORATION: COMPANY SNAPSHOT 252
FIGURE 66 TELEDYNE TECHNOLOGIES INC.: COMPANY SNAPSHOT 256
FIGURE 67 OMRON CORPORATION: COMPANY SNAPSHOT 261
FIGURE 68 TKH: COMPANY SNAPSHOT 266
FIGURE 69 SICK AG: COMPANY SNAPSHOT 270
FIGURE 70 SONY GROUP CORPORATION: COMPANY SNAPSHOT 274
FIGURE 71 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT 277
FIGURE 72 ATLAS COPCO AB: COMPANY SNAPSHOT 280
FIGURE 73 AMETEK.INC.: COMPANY SNAPSHOT 283
FIGURE 74 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 285
FIGURE 75 CANON INC.: COMPANY SNAPSHOT 288
FIGURE 76 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT 290
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