Vision Sensor Market by Sensor Type (Less than 3D and 3D), Application (Inspection, Gauging, Code Reading, and Localization), and End User (Automotive, Electronics & Semiconductor, Pharmaceuticals, Food & Packaging, and other): Global Opportunity Analysis and Industry Forecast, 2019–2026

Sensors and Controls	SE_195872	Pages: NA	Dec 2019 \| 79 Views
Author(s) : NA	Tables: NA	Charts: NA	Formats*:

Vision Sensor Market Outlook-2026

A vision sensor system is a type of image processing system that is employed for a specific task. The vision sensor primarily captures images, then evaluates them with image processing algorithms, and finally triggers a response. Vision sensors are usually composed of a video camera, display and interface, and a computer processor. In some cases, vision sensors are integrated with an integral processor, known as smart cameras. Basically, vision sensors use images to find out the presence, orientation, and accuracy of surrounding objects. These sensors utilize the combination of both image acquisition and image processing. Using a single sensor, multi-point inspections are also possible.

Vison sensors are primarily used to maintain the quality of products and also to verify the achievement of operational efficiency. They are also used in applications such as Gauging, Code Reading, and Localization. These sensors have a wide range of applications in industrial plants and industrial processes. They are mainly used in industries such as automotive, electronics & semiconductor, pharmaceuticals, and food & packaging.

Some of the major factors that are expected to drive the growth of the vision sensor market include growth of consumer electronics segment and electrical industry, increasing in utilization of machine vision technology in the automotive industry and traffic safety, and rising in focus of manufacturing companies on cost and time saving. However, increase in adoption of product differentiation strategy by established players restrains the market growth.
The growth of consumer electronics segment and electrical industry is the key factor that drives the growth of the vision sensors market. In addition, increase in utilization of machine vision technology in the automotive industry and traffic safety boost the growth of the market. Furthermore, rise in focus of manufacturing companies on cost and time saving also fuel the market growth. However, increase in adoption of product differentiation strategy by established players restricts the growth of the vision sensor market.

The vision sensor market is highly competitive, and the key strategies adopted by the market players include new product launch, product development, business expansion, and merger & acquisition. For instance, in April 2019, Teledyne DALSA has launched BOA™ Spot XL vision sensors for industrial automation and inspection. It is a low cost product designed for error proofing, identification, general inspection, and robot guidance. The BOA Spot XL provides integrated LED lighting, lens cover and easy-to-use application software, providing high value capabilities at a low cost of ownership.

The vision sensor market share is segmented based on sensor type, application, end-user, and region. Based on sensor type, it is bifurcated into less than 3D and 3D. On the basis of application, it is categorized into inspection, gauging, code reading, and localization. Based on end user, it is divided into automotive, electronics & semiconductor, pharmaceuticals, food & packaging, and other. Based on region, the market is analyzed across Europe, Asia pacific, North America, and LAMEA.

The major companies profiled in the global vision sensor industry include Cognex, Teledyne, Keyence, Sick AG, Baumer, Omron, Datalogic, Ifm Electronics, Balluff, Basler, and others.

KEY BENEFITS FOR STAKEHOLDERS

This study comprises analytical depiction of the global vision sensor market trends with current trends and future estimations to depict the imminent investment pockets.
The overall potential is determined to understand the profitable trends to gain a stronger foothold.
The global vision sensor market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current vision sensor market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Sensor Type

Less than 3D
3D

By Application

Inspection
Gauging
Code Reading
Localization

By End-User

Automotive
Electronics
Semiconductor
Pharmaceuticals
Food & Packaging
other

BY REGION

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

KEY MARKET PLAYERS PROFILED

Cognex
Teledyne
Keyence
Sick AG
Baumer
Omron
Datalogic
Ifm Electronics
Balluff
Basler

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
Technologically sophisticated and reliable insights through well audited and veracious research methodology
Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

Patent and regulatory databases for understanding of technical & legal developments
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic new articles, web-casts and other related releases for market evaluation
Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

Validates and improves the data quality and strengthens research proceeds
Further develops analyst team’s market understanding and expertise
Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

Chief executives and VPs of leading corporations specific to industry
Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Online Only ~~$3,456~~ $3,110 Data Pack/Excel ~~$3,840~~ $3,456 Single User License ~~$5,370~~ $4,833 Five User License ~~$6,450~~ $5,805 Enterprise User License ~~$8,995~~ $8,096

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Call us on
( U.S. - Canada toll free )
+1-800-792-5285, Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry