Global Industrial Machine Vision Market is expected to reach USD XX Bn by 2027 from USD 8.41 Bn in 2019 at a CAGR of XX% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Industrial Machine Vision MarketGlobal Industrial Machine Vision Market Segment Analysis:
The Global Industrial Machine Vision Market based on a component has been segmented into hardware and software. A software component is expected to form one of the major contributors to the market. Based on the product, the market is segmented into PC-based and smart camera-based products. The PC-based industrial machine vision product is expected to form one of the major contributors to the market during the forecast period. The pc-based machine vision system is the oldest form of an industrial machine vision system.
Based on vertical, the market is segmented into automotive, consumer electronics, electronics & semiconductors, printing, metals, wood & paper, food & packaging, rubber & plastics, pharmaceuticals, glass, machinery, and solar panel manufacturing. Food and packaging formed one of the major contributors to market growth. Machine vision has used for specific applications for grading, portioning, sorting, processing, and quality checking during processing and packaging.
Based on application, the market is segmented into quality assurance and inspection, positioning and guidance, measurement, and identification. Geographically, the Industrial Machine Vision market has been segmented into Asia-Pacific, North America, Europe, Middle-East & Africa, and Latin America. APAC is expected to be one of the major regions for this market during the forecast period and is also assumed to grow at a high rate as well.
Global Industrial Machine Vision Market Key Highlights:
• Global Industrial Machine Vision Market analysis and forecast, in terms of value.
• Global Industrial Machine Vision Market drivers, restraints, and opportunities influencing the growth of the Industrial Machine Vision market.
• Global Industrial Machine Vision Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Industrial Machine Vision market strategic analysis with respect to individual growth trends, future prospects along the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Industrial Machine Vision market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion, and the competitive landscape of the key players operating in the Industrial Machine Vision market are also profiled.
Global Industrial Machine Vision Market Research Methodology
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights into the Global Industrial Machine Vision Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analyses are also used to calculate the exact size of the Global Industrial Machine Vision Market globally.
Global Industrial Machine Vision Market Key Target Audience
• Semiconductor product designers and fabricators.
• Providers of industrial machine vision-related components and solutions.
• Developers of industrial machine vision-related applications.
• Technology standard organizations, forums, alliances, and associations.
• Technology investors.
• Universities and research organizations.
• Government bodies.
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Scope of the Global Industrial Machine Vision Market Report:
Global Industrial Machine Vision Market, By Component
• Frame Grabber
• LED Lighting
• Deep Learning
Global Industrial Machine Vision Market, By Product
• PC-Based vision system
• Smart Camera-Based vision system
Global Industrial Machine Vision Market, By Application
• Quality Assurance and Inspection
• Positioning and Guidance
Global Industrial Machine Vision Market, By Vertical
• Consumer Electronics
• Electronics & Semiconductor
• Wood & Paper
• Food & Packaging
• Rubber & Plastics
• Solar Panel Manufacturing
Global Industrial Machine Vision Market, By Geography
• North America
• Asia Pacific
• Middle East & Afric
• Latin America
Global Industrial Machine Vision Market Geographic Analysis
• Breakdown of North America Industrial Machine Vision Market
• Breakdown of Europe Industrial Machine Vision Market
• Breakdown of Asia Pacific Industrial Machine Vision Market
• Breakdown of the Middle East & Africa Industrial Machine Vision Market
• Breakdown of Latin America Industrial Machine Vision Market
Key Players Operating in the Global Industrial Machine Vision Market:
• Cognex (US)
• OMRON (Japan)
• KEYENCE Corporation (Japan)
• Basler (Germany)
• National Instruments (US)
• Teledyne Technologies (US)
• Sony (Japan)
• Texas Instruments (US)
• Intel (US)
• Baumer Optronic (Germany)
• Allied Vision Technologies GmbH
• JAI A/S
• MVTec Software GmbH
• Tordivel AS
• ISRA VISION
• FLIR Systems, Inc.
• Qualitas Technologies Pvt Ltd
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