Several Strategies by Key Players is Expected to Fuel the Global Machine Vision Market

Published: Jul 2019

The global machine vision market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2022-2028). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. Hence owing to the development and manufacturing of innovative solutions the translucent concrete market is augmenting its growth over the forecast period. 

Browse the full report description of “Global Machine Vision Market Size, Share & Trends Analysis Report, by Type (One Dimension (1D), Two Dimension (2D), Three Dimension (3D), Area or Line Scan), by Application (Identification, Guidance & Positioning, Measurement, and Quality Assurance and Inspection), by Component (Camera, Lenses, Lighting Source, Processor, and Software) and by Industry Vertical (Automotive, Machinery, Food & Packaging, Non-Industrial, Healthcare, and Security & Surveillance) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/machine-vision-market

For instance, in March 2021, Cognex launched its new product called DataMan 8700 Series which is the next generation of handheld barcode readers built on a completely newly designed platform. The device delivers cutting-edge performance and is very easy to utilize with no tuning or operator training required previously. The 8700 Series can immediately read challenging direct part mark (DPM) and label-based codes, even when vital elements of the code are missing or damaged.

Furthermore, in September 2020, Omron introduced a new FH Series Vision system, which includes the industry's first defect detection AI technology, which determines defects without learning samples. The artificial intelligence technology, which attempts to simulate sensibility and skilled inspector techniques, securely determines formally complicated defects, automating human vision-based visual inspection.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Application

o By Component

o By Industry Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Keyence Corp., Cognex Corp., Sony Group Corp., Omron Corp., National Instruments Corp., Sensory Inc., Perceptron, Inc., Teledyne Digital Imaging Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Machine Vision Market Report Segment

By Type

  • One Dimension (1D)
  • Two Dimension (2D)
  • Three Dimension (3D)
  • Area or Line Scan

By Application

  • Identification
  • Guidance and Positioning
  • Measurement
  • Quality Assurance and Inspection

By Component

  • Camera
  • Lenses
  • Lighting Source
  • Processor
  • Software

By Industry Vertical

  • Automotive
  • Machinery
  • Food and Packaging
  • Healthcare
  • Security And Surveillance

Global Machine Vision Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/machine-vision-market