The Global Machine Vision Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Machine Vision market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Machine Vision industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2030
machine vision market size is expected to reach USD 20.3 billion in 2030 and register a revenue CAGR of 7.1% over the forecast period, according to the latest report by Emergen. Increasing requirement for automation and quality inspection is driving global machine vision market revenue growth. Machine vision has several advantages in automation. Machine vision inspection is widely recognized as a critical component of production line automation. The use of inline inspection lowers manufacturing costs, improves customer satisfaction, and eliminates waste. It is essential for maintaining product and batch integrity, as well as avoiding batch mix
The report further divides the Machine Vision market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Machine Vision market.
Emergen Research has segmented the global machine vision market based on component, deployment, end-use, and region:
• Component Outlook (Revenue, USD Million, 2022–2030)
o Hardware
o Software
• Deployment Outlook (Revenue, USD Million, 2022–2030)
o General
o Robotics Cell
• End-Use Outlook (Revenue, USD Million, 2022–2030)
o Automotive
o Electronics & Semiconductor
o Consumer Electronics
o Glass
o Metals
o Wood & Paper
o Pharmaceuticals
o Food & Packaging
o Rubber & Plastics
o Printing
o Machinery
o Solar Panel Manufacturing
o Textiles
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Machine Vision market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Cognex Corporation, Basler AG, Omron Corporation, Keyence Corporation, Teledyne Technologies Incorporated, TKH Group, National Instruments Corp., Sony Corporation, Texas Instruments Incorporated, and Intel Corporation.
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Machine Vision market?
What are the key product types and applications of the Machine Vision industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Machine Vision market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Machine Vision Market by 2027?
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