3D Machine Vision Market Research Report - Global Forecast till 2024

Global 3D Machine Vision Market Research Report By Component (Hardware, Software), By Product (Smart Camera-Based, PC Based), By Application (Measurement, Quality Assurance & Inspection), Vertical (Automotive, Semiconductor, Consumer Electronics, Healthcare, Food and Packaging and others) - Forecast till 2024

ID: MRFR/ICT/1009-CR | August 2019 | Region: Global | 128 pages

Market Overview

Market Research Future (MRFR) expects the Global 3D Machine Vision Market size to reach USD 2626.5 Million with a CAGR of 13% from 2018 to 2024 (forecast period). A 3D machine vision system consists of a range of techniques, including stereo vision, point clouds, and 3D triangulation, which allows automatic sensing, receiving, and interpreting a real-scene image to acquire information and monitor machines or processes. It also includes multiple cameras or one or more laser displacement sensors that provide part orientation information to robots. Increased demand and quality issues encourage both developed and developing countries to opt for 3D machine vision systems to meet customer requirements for automated inspection. Companies across industry verticals are increasingly embracing automation in their production processes in order to stay competitive in the market. 3D machine vision systems find applications in a range of industries, from textiles to pharmaceuticals

COVID-19 Impact on the Global 3D Machine Vision Market 

The spread of coronavirus from China has had a positive and negative effect on various industries. The growing demand for robotic systems is the key driver of the 3D machine vision market. Robotics technology has played a key role in the battle against COVID-19. It is difficult to maintain social distancing in hospitals where PPE kits, gowns, and masks for nurses and doctors are in short supply. Replacing humans with robots helps to control the spread of the virus. Camera-based machine vision systems have been mounted in hospitals throughout the pandemic to monitor patient's health and alert nurses and doctors when a patient needs their assistance. These cameras digitize the images of an object and transmit those images in frames using a computer for further examination.

In addition, robotic systems have been extensively adopted for industrial automation in the consumer electronics and automotive industries, which has led to a growing need for a combination of vision-guided robot controllers and machine vision systems to increase the performance of robots by enabling them to see and respond to their environments. Automotive manufacturers are considering investing in post-pandemic automation. During the pandemic, the production of auto products has been restricted; however, quality assurance is the key factor in the manufacturing process. This need for quality assurance has increased as human involvement in this process has decreased due to the novel COVID-19. This has contributed to a wider acceptance of machine vision as an important part of long-term automation development processes. As per the MRFR, Asia Pacific is expected to lead the market over the forecast period due to the presence of several vendors, as well as the huge growth in the automotive sector in the region. During the COVID-19 crisis, demand for food and beverages is also estimated to be experiencing stable growth. In addition, the rising integration of automation in the food industry and the increasing food production capacity of the region are also responsible for the growth of the 3D machine vision market.

Market Dynamics


Rising need for quality inspection and automation

Manufacturing companies around the globe are planning to invest more in automation post-COVID-19. The need for automated quality assurance has also increased as industries have recognized its significance in manufacturing processes. However, this need is further increased due to the outbreak of COVID-19 due to less human involvement in the process. This culminated in widespread recognition of machine vision as an essential part of long-term automation development processes.

Increasing demand for vision-guided robotics systems

Lately, vision-guided robotics systems have contributed to major changes in the market for 3d machine vision. The use of industrial robots for automation in the automotive and consumer electronics sectors has expanded rapidly. This leads to a rising need for machine vision systems to be combined with vision-guided robot controllers. Machine vision systems improve the performance of robots by enabling them to see and adapt to their environments

Market Segmentation

Global 3D Machine Vision Market has been segmented into Components, Products, Applications, and Vertical. 

By component, the global 3D machine vision market has been segmented into Hardware (Camera, Communication Device, Control Cabinet, and Others) and Software.

By product, the global 3D machine vision market has been segmented into Smart Camera-based and PC based.

By application, the global 3D machine vision market has been segmented into Measurement, Quality Assurance, and Inspection.

By vertical, the global 3D machine vision market has been segmented into Automotive, Semiconductor, Consumer Electronics, Healthcare, Food and Packaging, and Others

Regional Analysis

APAC to lead the global market

Asia Pacific had the highest market size of USD 459.1 million in 2018; the market is projected to display a CAGR of 12.53% over the forecast period. The Asia Pacific region is expected to dominate the 3D machine vision market during the assessment period owing to the presence of a large number of vendors and the huge development in automation.

Competitive Landscape 

The global 3D machine vision market is intensely competitive. Companies active in the market must continue to develop their products in order to gain a sustainable competitive edge over their competitors and to allow for product differentiation.

Key Players

The global 3D machine vision market key players are OMRON Corporation (Japan), Canon Inc. (Japan), Cognex Corporation (US), National Instruments (US), Keyence Corporation (Japan), Robotic Vision Technologies, Inc. (US), Sony Corporation (Japan), Coherent, Inc. (US), Hermary Opto Electronics Inc. (Canada) and Basler AG (Germany).

Recent Developments

In November 2019, OMRON Corporation created the industry's fastest 3D vision sensing technology for compact vision sensors to three-dimensionally identify the position and orientation of the target objects. The integration of this technology into robots is expected to allow the rapid and accurate assembly of bulk parts by automating the conventional human-intensive process.

In September 2019, OMRON Corporation introduced the E3AS series of reflective-type photoelectric sensors, which have the smallest body and the most extended sensing distance capability for a distance of 1,500 mm. These sensors provide stable detection without being affected by distance sensing or object features (colors, materials, surfaces, etc.). This makes it easy to select, adjust and maintain sensors and increases their system commissioning and operational rates.

Report Overview

This research report examines crucial factors, constraints, and obstacles for the global 3D machine vision market, regional and segment revenue forecasts, and evaluations. The base year is 2018; the projection duration is 2018-24. The segmentation of the market is represented in the following manner.

Segmentation Table

By Component

  • Hardware

  • Software

By Product

  • Smart Camera-based

  • PC based

By Application

  • Measurement

  • Quality Assurance

  • Inspection

By Vertical

  • Automotive

  • Semiconductor

  • Consumer Electronics

  • Healthcare

  • Food and Packaging

  • Others

Frequently Asked Questions (FAQ) :

The global market of 3D Machine vision can value at USD 2626.5 million at 13% CAGR by 2024.

Robotic Vision Technologies, Inc. (US), Coherent, Inc. (US), Sony Corporation (Japan), Basler AG (Germany), and Hermary Opto Electronics Inc. (Canada) are some prominent companies that are functioning in the 3D machine vision market.

The APAC 3D machine vision market can surge at 12.53% CAGR in the review period.

The APAC 3D machine vision market can generate revenue exceeding USD 460 million by 2024.

The PC product segment of the market can generate revenue that surpass USD 700 Mn by 2024.

Measurement, inspection, and quality assurance are functioned of 3D machine vision.

In 2018, the 3D machine vision market was recorded at USD 1300.3 Mn.