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Global Machine Vision System Market by Component (Smart Camera, Embedded System, Frame Grabber, Lighting, and Lenses), Type (1D, 2D, and 3D Measurements), Application (Positioning, Identification, Verification, Measurement, and Flaw Detection), and Industry Vertical (Industrial, Healthcare, Electronics, Automotive, and Others) - Opportunity Analysis and Industry Forecast, 2014-2022

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SE_171907
Pages: 215
Feb 2017 | 4407 Views
 
Author's : Ayushi Bajpai and Komal Sharma
Tables: 52
Charts: 100
 

The global machine vision system market size is expected to reach $18.7 billion by 2022 from $10.6 billion in 2015, growing at a CAGR of 8.7% from 2016 to 2022. Machine vision system enables automatic analysis and inspection of the production line, based on imaging, used in process control, verification, measurements, robot guidance, and other functions. Machine vision includes a complete solution starting from acquiring an image to interacting to management information system. Machine vision system replace incapability of human inspector to maintain a high level of error recognition for a long period of time.

WORKING OF A MACHINE VISION SYSTEM

Working of a Machine Vision System

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Major disadvantages of human inspection, such as long-term inconsistency, need of rest period, slower speed than machine, and variation among different inspectors, drive the machine vision system market growth. Machine vision facilitates cost-effective, speedy, accurate and high functionality of an inspection procedure. It is incorporated for improving the quality and productivity in the manufacturing process.

The machine vision system industry is expected to grow during the forecast period due to continued evolution of CMOS image sensors and rise in demand for automation in industrial applications. However, intensive training and education, an essential requirement to enable entry of machine vision in newer markets, restrain the machine vision system market growth. Moreover, demand for miniaturization of machine vision system provides lucrative opportunities for the players operating in machine vision system industry.

FACTORS IMPACTING MACHINE VISION SYSTEM MARKET

Machine Vision System Market Impacting Factors

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The demand for machine vision system is expected to rise due to heavy investments in R&D of smart camera and software by key players, such as Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, and others.

SEGMENT REVIEW

Machine Vision System Market Segmentation

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Based on component, the market comprises smart camera, embedded system, frame grabber, lighting, and lenses. Smart camera is the dominant segment, and consumes high machine vision system market share in 2015, owing to its applications in 3D imaging, which are essential components of the market.

By application, the market is divided into positioning, identification, verification, measurement, and flaw detection. Market by type comprises 1D, 2D, and 3D measurements, of which 3D measurement is estimated to grow at the highest CAGR, owing to trend of 3D imaging in the production line.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2015, Asia-pacific and Europe, together accounted for about 76.8% of the total machine vision system market revenue, owing to significant growth of electronics and automotive industries in the regions.

ASIA-PACIFIC MACHINE VISION SYSTEM MARKET REVENUE & CAGR, 2014-2022

Asia-Pacific Machine Vision System Market

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Key market players adopt novel strategies to improve their manufacturing techniques and widen their product portfolio to gain a competitive edge over other players. The major players profiled in this report are Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, National Instruments Corporation, Texas Instruments, Inc., Basler AG, Baumer Optronic GmbH, Sick AG, Omron Corporation, and Allied Vision Technologies GmbH. Other players in the value chain include Intel Corporation, Jai A/S, Canon Inc., Datalogic S.p.A., Sony Corporation, Adept Technology, IDS Imaging Development Systems GmbH, Machine Vision Technology, and Microscan Systems, Inc.

Machine Vision System Market Key Benefits

  • Comprehensive analysis of the current trends and future estimations in the global machine vision system market is provided
  • The report offers a competitive scenario of the market and elucidates the growth trends, drivers, scope, opportunities, and challenges
  • It also includes a comprehensive analysis of the key segments to provide insights on the market dynamics
  • Porters Five Forces analysis highlights the potential of buyers and suppliers to devise effective growth strategies and facilitate better decision-making
  • Market player positioning provides positions of key companies operating in the market

MACHINE VISION SYSTEM MARKET KEY SEGMENTATION

The global machine vision system market is segmented based on component, type, application, industry vertical, and geography.

BY COMPONENT

  • Smart Camera
  • Embedded System
  • Frame Grabber
  • Lighting
  • Lenses

BY TYPE

  • 1D Measurement
  • 2D Measurement
  • 3D Measurement

BY APPLICATION

  • Positioning
  • Identification
  • Verification
  • Measurement
  • Flaw Detection

BY INDUSTRY VERTICAL

  • Industrial
  • Healthcare
  • Electronics
  • Automotive
  • Others

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

MARKET PLAYERS IN VALUE CHAIN

  • Cognex Corporation
  • Teledyne Technologies, Inc.
  • Keyence Corporation
  • National Instruments Corporation
  • Texas Instruments, Inc.
  • Basler AG
  • Baumer Optronic GmbH
  • Sick AG
  • Omron Corporation
  • Allied Vision Technologies GmbH
  • Intel Corporation,
  • Jai A/S,
  • Canon Inc.
  • Datalogic S.p.A.
  • Microscan Systems, Inc.
  • Adept Technology
  • IDS Imaging Development Systems GmbH
  • Machine Vision Technology
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Impacting Factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of competitive rivalry

3.4. MARKET PLAYER POSITIONING, 2015
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Continued evolution of CMOS image sensors
3.5.1.2. Rise in demand of automation in industrial applications

3.5.2. Restraint

3.5.2.1. Intensive training and education, an essential requirement to make machine vision enter newer markets

3.5.3. Opportunities

3.5.3.1. Demand for miniaturization of machine vision system

Chapter: 4 MACHINE VISION SYSTEM MARKET, BY COMPONENT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. SMART CAMERA

4.2.1. Introduction
4.2.2. Key market trends, growth factors and opportunities
4.2.3. Market size and forecast

4.3. EMBEDDED SYSTEM

4.3.1. Introduction
4.3.2. Key market trends, growth factors and opportunities
4.3.3. Market size and forecast

4.4. FRAME GRABBER

4.4.1. Introduction
4.4.2. Key market trends, growth factors and opportunities
4.4.3. Market size and forecast

4.5. LIGHTING

4.5.1. Introduction
4.5.2. Key market trends, growth factors and opportunities
4.5.3. Market size and forecast

4.6. LENSES

4.6.1. Introduction
4.6.2. Key market trends, growth factors and opportunities
4.6.3. Market size and forecast

Chapter: 5 MACHINE VISION SYSTEM MARKET, BY TYPE

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. 1D MEASUREMENT

5.2.1. Introduction
5.2.2. Key market trends, growth factors and opportunities
5.2.3. Market size and forecast

5.3. 2D MEASUREMENT

5.3.1. Introduction
5.3.2. Key market trends, growth factors and opportunities
5.3.3. Market size and forecast

5.4. 3D MEASUREMENT

5.4.1. Introduction
5.4.2. Key market trends, growth factors and opportunities
5.4.3. Market size and forecast

Chapter: 6 MACHINE VISION SYSTEM MARKET, BY APPLICATION

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. POSITIONING

6.2.1. Introduction
6.2.2. Key market trends, growth factors and opportunities
6.2.3. Market size and forecast

6.3. IDENTIFICATION

6.3.1. Introduction
6.3.2. Key market trends, growth factors and opportunities
6.3.3. Market size and forecast

6.4. VERIFICATION

6.4.1. Introduction
6.4.2. Key market trends, growth factors and opportunities
6.4.3. Market size and forecast

6.5. MEASUREMENT

6.5.1. Introduction
6.5.2. Key market trends, growth factors and opportunities
6.5.3. Market size and forecast

6.6. FLAW DETECTION

6.6.1. Introduction
6.6.2. Key market trends, growth factors and opportunities
6.6.3. Market size and forecast

Chapter: 7 MACHINE VISION SYSTEM MARKET, BY INDUSTRY VERTICAL

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. INDUSTRIAL

7.2.1. Introduction
7.2.2. Key market trends, growth factors and opportunities
7.2.3. Market size and forecast

7.3. HEALTHCARE

7.3.1. Introduction
7.3.2. Key market trends, growth factors and opportunities
7.3.3. Market size and forecast

7.4. ELECTRONICS

7.4.1. Introduction
7.4.2. Key market trends, growth factors and opportunities
7.4.3. Market size and forecast

7.5. AUTOMOTIVE

7.5.1. Introduction
7.5.2. Key market trends, growth factors and opportunities
7.5.3. Market size and forecast

7.6. OTHERS

7.6.1. Introduction
7.6.2. Key market trends, growth factors and opportunities
7.6.3. Market size and forecast

Chapter: 8 MACHINE VISION SYSTEM MARKET, BY GEOGRAPHY

8.1. OVERVIEW
8.2. NORTH AMERICA

8.2.1. Introduction
8.2.2. Key market trends, growth factors and opportunities
8.2.3. Market size and forecast
8.2.4. U.S.
8.2.5. Canada
8.2.6. Mexico

8.3. EUROPE

8.3.1. Introduction
8.3.2. Key market trends, growth factors and opportunities
8.3.3. Market size and forecast
8.3.4. UK
8.3.5. Germany
8.3.6. France
8.3.7. Rest of Europe

8.4. ASIA-PACIFIC

8.4.1. Introduction
8.4.2. Key market trends, growth factors and opportunities
8.4.3. Market size and forecast
8.4.4. China
8.4.5. India
8.4.6. Japan
8.4.7. South Korea
8.4.8. Taiwan
8.4.9. Rest of Asia-Pacific

8.5. LAMEA

8.5.1. Introduction
8.5.2. Key market trends, growth factors and opportunities
8.5.3. Market size and forecast
8.5.4. Latin America
8.5.5. Middle East
8.5.6. Africa

Chapter: 9 RELATED INDUSTRY INSIGHTS

9.1. FACTORY AUTOMATION & INDUSTRIAL CONTROLS

9.1.1. Executive summary

9.2. 3D CAMERA

9.2.1. Executive summary

Chapter: 10 COMPANY PROFILES

10.1. COGNEX CORPORATION

10.1.1. Company overview
10.1.2. Operating business segments
10.1.3. Business performance
10.1.4. Key strategic moves and developments

10.2. TELEDYNE TECHNOLOGIES, INC.

10.2.1. Company overview
10.2.2. Operating business segments
10.2.3. Business performance
10.2.4. Key strategic moves and developments

10.3. KEYENCE CORPORATION

10.3.1. Company overview
10.3.2. Operating business segments
10.3.3. Business performance
10.3.4. Key strategic moves and developments

10.4. NATIONAL INSTRUMENTS CORPORATION

10.4.1. Company overview
10.4.2. Operating business segments
10.4.3. Business performance
10.4.4. Key strategic moves and developments

10.5. TEXAS INSTRUMENTS, INC.

10.5.1. Company overview
10.5.2. Operating business segments
10.5.3. Business performance
10.5.4. Key strategic moves and developments

10.6. BASLER AG

10.6.1. Company overview
10.6.2. Operating business segments
10.6.3. Business performance
10.6.4. Key strategic moves and developments

10.7. BAUMER OPTRONIC GMBH

10.7.1. Company overview
10.7.2. Operating business segments
10.7.3. Business performance
10.7.4. Key strategic moves and developments

10.8. SICK AG

10.8.1. Company overview
10.8.2. Operating business segments
10.8.3. Business performance
10.8.4. Key strategic moves and developments

10.9. OMRON CORPORATION

10.9.1. Company overview
10.9.2. Operating business segments
10.9.3. Business performance
10.9.4. Key strategic moves and developments

10.10. ALLIED VISION TECHNOLOGIES GMBH

10.10.1. Company overview
10.10.2. Operating business segments
10.10.3. Business performance
10.10.4. Key strategic moves and developments

*Other players in the value chain include

  • Intel Corporation,
  • Jai A/S,
  • Canon Inc.
  • Datalogic S.p.A.
  • Microscan Systems, Inc.
  • Adept Technology
  • IDS Imaging Development Systems GmbH
  • Machine Vision Technology

*Profiles of these players are not included. The same will be included on request

LIST OF TABLES

TABLE 1 MACHINE VISION SYSTEM MARKET, BY COMPONENT, 2014-2022 ($MILLION)
TABLE 2 KEY PLAYER POSITIONING
TABLE 3 SMART CAMERA MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 4 EMBEDDED SYSTEM MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 5 FRAME GRABBER MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 6 LIGHTING MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 7 LENSES MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 8 MACHINE VISION SYSTEM MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 9 1D MEASUREMENT MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 10 2D MEASUREMENT MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 11 3D MEASUREMENT MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 12 MACHINE VISION SYSTEM MARKET, BY APPLICATION, 2014-2022 ($MILLION)
TABLE 13 POSITIONING MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 14 IDENTIFICATION MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 15 VERIFICATION MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 16 MEASUREMENT MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 17 FLAW DETECTION MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 18 MACHINE VISION SYSTEM MARKET, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 19 INDUSTRIAL MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 20 HEALTHCARE MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 21 ELECTRONICS MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 22 AUTOMOTIVE MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 23 OTHERS MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 24 MACHINE VISION SYSTEM MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 25 NORTH AMERICA MACHINE VISION SYSTEM MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 26 NORTH AMERICA MACHINE VISION SYSTEM MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 27 EUROPE MACHINE VISION SYSTEM MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 28 EUROPE MACHINE VISION SYSTEM MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 29 ASIA-PACIFIC MACHINE VISION SYSTEM MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 30 ASIA-PACIFIC MACHINE VISION SYSTEM MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 31 LAMEA MACHINE VISION SYSTEM MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 32 LAMEA MACHINE VISION SYSTEM MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 33 COGNEX CORPORATION: COMPANY SNAPSHOT
TABLE 34 COGNEX CORPORATION: OPERATING SEGMENTS
TABLE 35 TELEDYNE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 36 TELEDYNE TECHNOLOGIES: OPERATING SEGMENTS
TABLE 37 KEYENCE CORPORATION: COMPANY SNAPSHOT
TABLE 38 KEYENCE CORPORATION: OPERATING SEGMENTS
TABLE 39 NATIONAL INSTRUMENTS: COMPANY SNAPSHOT
TABLE 40 NATIONAL INSTRUMENTS: OPERATING SEGMENTS
TABLE 41 TEXAS INSTRUMENTS: COMPANY SNAPSHOT
TABLE 42 TEXAS INSTRUMENTS: OPERATING SEGMENTS
TABLE 43 BASLER: COMPANY SNAPSHOT
TABLE 44 BASLER: OPERATING SEGMENTS
TABLE 45 BAUMER OPTRONIC: COMPANY SNAPSHOT
TABLE 46 BAUMER OPTRONIC: OPERATING SEGMENTS
TABLE 47 SICK: COMPANY SNAPSHOT
TABLE 48 SICK: OPERATING SEGMENTS
TABLE 49 OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 50 OMRON CORPORATION: OPERATING SEGMENTS
TABLE 51 ALLIED VISION TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 52 ALLIED VISION TECHNOLOGIES: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. KEY MARKET SEGMENTATION
FIGURE 2. WORKING OF A MACHINE VISION SYSTEM
FIGURE 3. MACHINE VISION SYSTEM MARKET SEGMENTS, REVENUE & CAGR, 2014-2022
FIGURE 4. TOP IMPACTING FACTORS
FIGURE 5. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2015-2016)
FIGURE 6. TOP WINNING STRATEGIES
FIGURE 7. TOP INVESTMENT POCKETS, BY COMPONENT
FIGURE 8. TOP INVESTMENT POCKETS, BY TYPE
FIGURE 9. BARGAINING POWER OF SUPPLIERS
FIGURE 10. BARGAINING POWER OF BUYERS
FIGURE 11. THREAT OF SUBSTITUTES
FIGURE 12. THREAT OF NEW ENTRANTS
FIGURE 13. INTENSITY OF COMPETITIVE RIVALRY
FIGURE 14. MARKET PLAYER POSITIONING, 2015
FIGURE 15. CMOS IMAGE SENSOR MARKET GROWTH
FIGURE 16. WORLDWIDE ROBOT DEMAND 2016, BY GEOGRAPHICAL REGIONS
FIGURE 17. MACHINE VISION SYSTEM MARKET REVENUE, BY COMPONENT
FIGURE 18. MACHINE VISION SYSTEM MARKET SEGMENTATION, BY COMPONENT
FIGURE 19. SMART CAMERA MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 20. SMART CAMERA MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 21. EMBEDDED SYSTEM MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 22. EMBEDDED SYSTEM MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 23. FRAME GRABBER MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 24. FRAME GRABBER MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 25. LIGHTING MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 26. LIGHTING MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 27. LENSES MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 28. LENSES MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 29. MACHINE VISION SYSTEM MARKET, BY TYPE
FIGURE 30. MACHINE VISION SYSTEM TYPE COMPARISON
FIGURE 31. MACHINE VISION SYSTEM MARKET SEGMENTATION, BY TYPE
FIGURE 32. 1D MEASUREMENT MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 33. 1D MEASUREMENT MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 34. 2D MEASUREMENT MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 35. 2D MEASUREMENT MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 36. 3D MEASUREMENT MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 37. 3D MEASUREMENT MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 38. MACHINE VISION SYSTEM MARKET, BY APPLICATION
FIGURE 39. MACHINE VISION SYSTEM MARKET SEGMENTATION, BY APPLICATION
FIGURE 40. POSITIONING MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 41. POSITIONING MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 42. IDENTIFICATION MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 43. IDENTIFICATION MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 44. VERIFICATION MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 45. VERIFICATION MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 46. MEASUREMENT MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 47. MEASUREMENT MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 48. FLAW DETECTION MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 49. FLAW DETECTION MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 50. MACHINE VISION SYSTEM MARKET, BY INDUSTRY VERTICAL
FIGURE 51. MACHINE VISION SYSTEM MARKET, BY INDUSTRY VERTICAL, REVENUE & CAGR
FIGURE 52. INDUSTRIAL MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 53. INDUSTRIAL MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 54. HEALTHCARE MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 55. HEALTHCARE MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 56. ELECTRONICS MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 57. ELECTRONICS MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 58. AUTOMOTIVE MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 59. AUTOMOTIVE MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 60. OTHERS MACHINE VISION SYSTEM MARKET ANALYSIS, 2015-2022 ($MILLION)
FIGURE 61. OTHERS MACHINE VISION SYSTEM MARKET REVENUE & FORECAST, 2014-2022 ($MILLION)
FIGURE 62. MACHINE VISION SYSTEM MARKET, BY GEOGRAPHY, MARKET SHARE, 2015
FIGURE 63. NORTH AMERICA MACHINE VISION SYSTEM MARKET
FIGURE 64. NORTH AMERICA MACHINE VISION SYSTEM MARKET, 2015
FIGURE 65. NORTH AMERICA MACHINE VISION SYSTEM MARKET REVENUE & CAGR, 2014-2022
FIGURE 66. U.S. MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 67. CANADA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 68. MEXICO MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 69. EUROPE MACHINE VISION SYSTEM MARKET
FIGURE 70. EUROPE MACHINE VISION SYSTEM MARKET, 2015
FIGURE 71. EUROPE MACHINE VISION SYSTEM MARKET REVENUE & CAGR, 2014-2022
FIGURE 72. GERMANY MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 73. UK MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 74. FRANCE MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 75. REST OF EUROPE GRAPHIC PROCESSING UNIT MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 76. ASIA-PACIFIC MACHINE VISION SYSTEM MARKET
FIGURE 77. ASIA-PACIFIC MACHINE VISION SYSTEM MARKET, 2015
FIGURE 78. ASIA-PACIFIC MACHINE VISION SYSTEM MARKET, REVENUE & CAGR, 2014-2022
FIGURE 79. CHINA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 80. INDIA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 81. JAPAN MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 82. SOUTH KOREA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 83. TAIWAN MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 84. REST OF ASIA-PACIFIC MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 85. LAMEA MACHINE VISION SYSTEM MARKET
FIGURE 86. LAMEA MACHINE VISION SYSTEM MARKET, 2015
FIGURE 87. LAMEA MACHINE VISION SYSTEM MARKET, REVENUE & CAGR, 2014-2022
FIGURE 88. LATIN AMERICA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 89. MIDDLE EAST MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 90. AFRICA MACHINE VISION SYSTEM MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 91. COGNEX CORPORATION: COMPANY SNAPSHOT
FIGURE 92. TELEDYNE TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 93. KEYENCE CORPORATION: COMPANY SNAPSHOT
FIGURE 94. NATIONAL INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 95. TEXAS INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 96. BASLER: COMPANY SNAPSHOT
FIGURE 97. BAUMER OPTRONIC: COMPANY SNAPSHOT
FIGURE 98. SICK: COMPANY SNAPSHOT
FIGURE 99. OMRON CORPORATION: COMPANY SNAPSHOT
FIGURE 100.ALLIED VISION TECHNOLOGIES: COMPANY SNAPSHOT

 

The machine vision system market witnesses a high growth due to rise in demand for higher quality, less machine downtime and reduced setup time, increased productivity, and production flexibility in applications such as inspection, measurement, gauging, and assembly verification. Major disadvantages of human inspection, such as long-term inconsistency, need of rest period, slower speed than machine, and variation among different inspectors, boost the market growth.

Continued evolution of CMOS image sensors and rise in demand for automation in industrial applications are the factors that supplement the market growth. Machine vision system maintains a high level of error recognition for a long period of time, thus, enabling high-speed production lines, clean room environments, microscopic inspection, closed-loop process control, and precise non-contact measurement.

Smart camera component of machine vision system is most widely used and has maximum penetration in the market. It accounted for the largest machine vision system market share in 2015, owing to its high incorporation for image processing in machine vision systems. Machine vision system finds its application in industrial, healthcare, electronics, and automotive industries. Industrial segment consumes the highest share of machine vision system market in 2015, owing to its extensive utilization in production line monitoring and automated guidance system. Healthcare and automotive are expected to foster highest growth in the market owing to increase in demand of automated mass production, strict quality requirements, and high degree of cost sensitivity.

Asia-Pacific and Europe are the most potential regions for manufacturers to increase their revenue and market share in the global machine vision system industry, owing to the ongoing research activities for developing efficient machine vision system components, such as smart camera, software, embedded system, frame grabber, and many more.

Key players such as Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, National Instruments Corporation, Texas Instruments, Inc., Basler AG, Baumer Optronic GmbH, Sick AG, Omron Corporation, and Allied Vision Technologies GmbH are largely engaged in the process of product innovation, collaboration, and acquisition to further expand their services across various geographies.

 

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