Machine Vision Market Research Report- Global Forecast 2027

Global Machine Vision Market, By Type (1D Machine, 2D Machine Vision, 3D Machine Vision), By Application (Inspection, Gauging, Guidance, Identification), By Components (Hardware, Software), By End Users (Automotive, Electronics & Semiconductor, Healthcare, Food & Packaging) - Forecast till 2027

ID: MRFR/ICT/0981-CR | May 2017 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2017-2022 to 2020-2027. Cordially fill the sample form for updated data.

Impact of COVID-19 on the Global Machine Vision Market


Human vision is limited to a certain electromagnetic wavelength, specifically ranging from 390 to 770 nanometers (nm), which, when compared to the functionality of video cameras, differs significantly. Hence, industrial automation is rapidly gaining traction in the manufacturing as well as other related operations. Manufacturing businesses are implementing automation to increase operational efficiency in their day-to-day functions. In terms of production of goods during the pandemic where human interaction has come to a halt, machine vision technology has helped in providing consistency in production. Also, the machine vision industry is playing a vital role in fighting the coronavirus through automated lab systems that process and test vaccines, thermal imaging to detect body temperature in crowded places, inspection systems, pharmaceuticals, and medical goods. However, the pharmaceutical industry is reported to be an early adopter of this technology since it offers the assurance of product safety as well as integrity to the existing digital infrastructure.
Machine Vision Market


The demand for machine vision technology is on the surge currently during the COVID-19 pandemic. However, this demand is expected to be hampered by the decrease in IT expenditure budgets which is a result of the lockdowns imposed, as well as severe losses incurred by businesses worldwide. Although, the relaxations in the lockdowns are expected to boost the demand for machine vision infrastructure and with the market recovering at a significant rate, which is mainly attributed to the remote working policy that was adopted by most companies to prevent the spread of COVID-19 at their workplaces. Furthermore, the technology providers aid and support their clients’ operations with their expertise in remote engineering services to ensure the clients’ business continuity. These businesses belong to various sectors such as textiles, agriculture, pharmaceuticals, and other mass-production industries, which require quality assurance. Hence, the demand for machine vision technology and its related infrastructure is expected to grow due to the increasing adoption of digital assurance mechanisms that deliver higher accuracy and operational efficiency as compared to human beings.

1 Market Dynamics

1.1 Market Drivers 10

1.1.1 Increasing Miniaturization Of Products 10

1.1.2 Need For Quality Inspection 11

1.1.3 Increasing Standardization 11

1.2 Market Restraints 11

1.2.1 Complexity In Integrating Machine Vision Systems 11

1.3 Market Opportunity 12

1.3.1 Trend Towards Automation 12

1.4 Market Challenges 12

1.4.1 Lack Of Awareness 12

1.5 Supply Chain Analysis 13

1.6 Porter’s Five Forces Analysis 14

2 Global Machine Vision Market, By Type

2.1 Introduction 16

2.2 1D Machine 18

2.3 2D Machine Vision 20

2.4 3D Machine Vision 22

3 Global Machine Vision Market, By Application

3.1 Introduction 24

3.2 Inspection 25

3.3 Gauging 27

3.4 Guidance 28

3.5 Identification 30

3.6 Others 31

4 Global Machine Vision Market, By Components

4.1 Introduction 33

4.2 Hardware 34

4.2.1 ASMV 36

4.2.2 Cameras 38

4.2.3 Sensors 39

4.2.4 Illuminations 40

4.2.5 Processors 41

4.2.6 Others 42

4.3 Software 43

5 Global Machine Vision Market, By End User

5.1 Introduction 45

5.2 Automotive 46

5.3 Electronics & Semiconductor 47

5.4 Healthcare 48

5.5 Food & Packaging 50

5.6 Others 51

6 Regional Market Analysis

6.1 Introduction 53

6.2 North America 54

6.3 Europe 58

6.4 Asia-Pacific 62

6.5 Rest Of The World 65

7 Company Profiles

7.1 Introduction 69

7.2 Cognex Corporation 70

7.2.1 Business Overview 70

7.2.2 Product/Services Offering 70

7.2.3 Strategy 71

7.2.4 SWOT Analysis 71

7.3 Microscan Systems 72

7.3.1 Business Overview 72

7.3.2 Product/Services Offering 72

7.3.3 Strategy 72

7.3.4 SWOT Analysis 73

7.4 National Instruments 74

7.4.1 Business Overview 74

7.4.2 Product/Services Offering 74

7.4.3 Strategy 75

7.4.4 SWOT Analysis 75

7.5 Keyence 76

7.5.1 Business Overview 76

7.5.2 Product/Services Offering 76

7.5.3 Strategy 77

7.5.4 SWOT Analysis 77

7.6 FLIR System 78

7.6.1 Business Overview 78

7.6.2 Product/Services Offering 78

7.6.3 Strategy 79

7.6.4 SWOT Analysis 79

7.7 Vitronics 80

7.7.1 Business Overview 80

7.7.2 Product/Services Offering 80

7.8 Perceptron 81

7.8.1 Business Overview 81

7.8.1.1 Product/Services Offering 81

7.9 Basler AG 82

7.9.1 Business Overview 82

7.9.2 Product/Services Offering 82

7.10 Optotune Ag 83

7.10.1 Business Overview 83

7.10.2 Product/Services Offering 83

7.11 USS Vision 84

7.11.1 Business Overview 84

7.11.2 Product/Services Offering 84

8 Appendix:

8.1 Scope Of The Study 85

8.1.1 Research Objective 85

8.1.2 Assumption 85

8.1.3 Limitation 86

8.2 Market Structure 86

9 Research Methodologies

9.1 Research Process 87

9.2 Primary Research 88

9.3 Secondary Research 88

9.4 Market Size Estimation 88

9.5 Forecast Model 89

10 List Of Tables

TABLE 1 MARKET FACTOR ANALYSIS 15

TABLE 2 GLOBAL MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 17

TABLE 3 GLOBAL MACHINE VISION 1D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 19

TABLE 4 GLOBAL MACHINE VISION 2D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 21

TABLE 5 GLOBAL MACHINE VISION 3D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 23

TABLE 6 GLOBAL MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 24

TABLE 7 GLOBAL MACHINE VISION INSPECTION MARKET, BY REGION (USD MILLION) (2020-2027) 26

TABLE 8 GLOBAL MACHINE VISION GAUGING MARKET, BY REGION (USD MILLION) (2020-2027) 27

TABLE 9 GLOBAL MACHINE VISION GUIDANCE MARKET, BY REGION (USD MILLION) (2020-2027) 28

TABLE 10 GLOBAL MACHINE VISION IDENTIFICATION MARKET, BY REGION (USD MILLION) (2020-2027) 30

TABLE 11 GLOBAL MACHINE VISION OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 32

TABLE 12 GLOBAL MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 33

TABLE 13 GLOBAL MACHINE VISION HARDWARE MARKET, BY REGION (USD MILLION) (2020-2027) 34

TABLE 14 HARDWARE MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 35

TABLE 15 GLOBAL MACHINE VISION, ASMV MARKET, BY REGION (USD MILLION) (2020-2027) 37

TABLE 16 GLOBAL MACHINE VISION, CAMERAS MARKET, BY REGION (USD MILLION) (2020-2027) 38

TABLE 17 GLOBAL MACHINE VISION, SENSORS MARKET, BY REGION (USD MILLION) (2020-2027) 39

TABLE 18 GLOBAL MACHINE VISION, ILLUMINATIONS MARKET, BY REGION (USD MILLION) (2020-2027) 40

TABLE 19 GLOBAL MACHINE VISION, PROCESSORS MARKET, BY REGION (USD MILLION) (2020-2027) 41

TABLE 20 GLOBAL MACHINE VISION, OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 42

TABLE 21 GLOBAL MACHINE VISION SOFTWARE MARKET, BY REGION (USD MILLION) (2020-2027) 43

TABLE 22 GLOBAL MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 45

TABLE 23 GLOBAL MACHINE VISION AUTOMOTIVE MARKET, BY REGION (USD MILLION) (2020-2027) 46

TABLE 24 GLOBAL MACHINE VISION ELECTRONICS & SEMICONDUCTOR MARKET, BY REGION (USD MILLION) (2020-2027) 47

TABLE 25 GLOBAL MACHINE VISION HEALTHCARE MARKET, BY REGION (USD MILLION) (2020-2027) 48

TABLE 26 GLOBAL MACHINE VISION FOOD & PACKAGING MARKET, BY REGION (USD MILLION) (2020-2027) 50

TABLE 27 GLOBAL MACHINE VISION OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 51

TABLE 28 GLOBAL MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 53

TABLE 29 NORTH AMERICA MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 54

TABLE 30 NORTH AMERICA MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 55

TABLE 31 NORTH AMERICA MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 56

TABLE 32 NORTH AMERICA MACHINE VISION MARKET, BY HARDWARE (USD MILLION) (2020-2027) 56

TABLE 33 NORTH AMERICA MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 57

TABLE 34 NORTH AMERICA MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 57

TABLE 35 EUROPE MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 58

TABLE 36 EUROPE MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 59

TABLE 37 EUROPE MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 60

TABLE 38 EUROPE MACHINE VISION MARKET, BY HARDWARE (USD MILLION) (2020-2027) 60

TABLE 39 EUROPE MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 61

TABLE 40 EUROPE MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 61

TABLE 41 ASIA PACIFIC MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 62

TABLE 42 ASIA PACIFIC MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 63

TABLE 43 ASIA PACIFIC MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 63

TABLE 44 ASIA PACIFIC MACHINE VISION MARKET, BY HARDWARE (USD MILLION) (2020-2027) 64

TABLE 45 ASIA PACIFIC MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 64

TABLE 46 ASIA PACIFIC MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 65

TABLE 47 REST OF THE WORLD MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 66

TABLE 48 REST OF THE WORLD MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 66

TABLE 49 REST OF THE WORLD MACHINE VISION MARKET, BY HARDWARE (USD MILLION) (2020-2027) 67

TABLE 50 REST OF THE WORLD MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 67

TABLE 51 REST OF THE WORLD MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 68


11 List Of Figures

FIGURE 1 GLOBAL MACHINE VISION MARKET: DRIVERS & RESTRAINT 10

FIGURE 2 GLOBAL MACHINE VISION MARKET: SUPPLY CHAIN PROCESS 13

FIGURE 3 GLOBAL MACHINE VISION MARKET: PORTER’S FIVE FORCES ANALYSIS 14

FIGURE 4 GLOBAL MACHINE VISION MARKET, BY TYPE 16

FIGURE 5 GLOBAL MACHINE VISION MARKET, BY TYPE (USD MILLION) (2020-2027) 17

FIGURE 6 1D MACHINE VISION SYSTEMS 18

FIGURE 7 GLOBAL MACHINE VISION 1D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 19

FIGURE 8 GLOBAL MACHINE VISION 2D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 21

FIGURE 9 GLOBAL MACHINE VISION 3D MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 23

FIGURE 10 MACHINE VISION MARKET, BY APPLICATION 24

FIGURE 11 GLOBAL MACHINE VISION MARKET, BY APPLICATION (USD MILLION) (2020-2027) 25

FIGURE 12 GLOBAL MACHINE VISION INSPECTION MARKET, BY REGION (USD MILLION) (2020-2027) 26

FIGURE 13 GLOBAL MACHINE VISION GAUGING MARKET, BY REGION (USD MILLION) (2020-2027) 28

FIGURE 14 GLOBAL MACHINE VISION GUIDANCE MARKET, BY REGION (USD MILLION) (2020-2027) 29

FIGURE 15 GLOBAL MACHINE VISION IDENTIFICATION MARKET, BY REGION (USD MILLION) (2020-2027) 31

FIGURE 16 GLOBAL MACHINE VISION OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 32

FIGURE 17 GLOBAL MACHINE VISION MARKET, BY COMPONENTS 33

FIGURE 18 GLOBAL MACHINE VISION MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 34

FIGURE 19 GLOBAL MACHINE VISION HARDWARE MARKET, BY REGION (USD MILLION) (2020-2027) 35

FIGURE 20 HARDWARE MARKET, BY COMPONENTS (USD MILLION) (2020-2027) 36

FIGURE 21 GLOBAL MACHINE VISION, ASMV MARKET, BY REGION (USD MILLION) (2020-2027) 37

FIGURE 22 GLOBAL MACHINE VISION, CAMERAS MARKET, BY REGION (USD MILLION) (2020-2027) 38

FIGURE 23 GLOBAL MACHINE VISION, SENSORS MARKET, BY REGION (USD MILLION) (2020-2027) 40

FIGURE 24 GLOBAL MACHINE VISION, ILLUMINATIONS MARKET, BY REGION (USD MILLION) (2020-2027) 41

FIGURE 25 GLOBAL MACHINE VISION, PROCESSORS MARKET, BY REGION (USD MILLION) (2020-2027) 42

FIGURE 26 GLOBAL MACHINE VISION, OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 43

FIGURE 27 GLOBAL MACHINE VISION SOFTWARE MARKET, BY REGION (USD MILLION) (2020-2027) 44

FIGURE 28 GLOBAL MACHINE VISION MARKET, BY APPLICATION 45

FIGURE 29 GLOBAL MACHINE VISION MARKET, BY END USER (USD MILLION) (2020-2027) 46

FIGURE 30 GLOBAL MACHINE VISION AUTOMOTIVE MARKET, BY REGION (USD MILLION) (2020-2027) 47

FIGURE 31 GLOBAL MACHINE VISION ELECTRONICS & SEMICONDUCTOR MARKET, BY REGION (USD MILLION) (2020-2027) 48

FIGURE 32 GLOBAL MACHINE VISION HEALTHCARE MARKET, BY REGION (USD MILLION) (2020-2027) 49

FIGURE 33 GLOBAL MACHINE VISION FOOD & PACKAGING MARKET, BY REGION (USD MILLION) (2020-2027) 51

FIGURE 34 GLOBAL MACHINE VISION OTHERS MARKET, BY REGION (USD MILLION) (2020-2027) 52

FIGURE 35 GLOBAL MACHINE VISION MARKET, BY REGION (USD MILLION) (2020-2027) 54

FIGURE 36 NORTH AMERICA MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 55

FIGURE 37 EUROPE MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 59

FIGURE 38 ASIA PACIFIC MACHINE VISION MARKET, BY COUNTRY (USD MILLION) (2020-2027) 63

FIGURE 39 GLOBAL MACHINE VISION MARKET STRUCTURE 86

FIGURE 40 MRFR RESEARH PROCESS 87