+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Machine Vision Camera Market - Forecast (2020 - 2025)

  • PDF Icon


  • 111 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 3652045
The demand for machine vision cameras is continuously rising due to increased automation in the manufacturing section. Line scan camera and area scan camera dominate the overall machine vision camera market. Line scan market generated a highest revenue of $679.3 million in 2017 and is estimated to grow with a CAGR of 9.47% during the forecast period 2018-2023. Asia-Pacific market generated a revenue of $388.4 million in 2017 and is set to grow at a CAGR of 10.6% during 2018-2023. The increasing investments in APAC region and adoption of automated devices are some of the factors which are driving the market.

What are Machine Vision Cameras?

Machine vision cameras depend on digital sensors with specialized optics to capture images, in order to process, analyze, and measure various characteristics by using computer hardware and software for accurate decision making. A machine vision camera can easily inspect minute object details which are too small to be seen by human eye if it is built around the right resolution and optics.

Lighting, lens, image sensor, vision processing, and communications are the major components of a machine vision camera system. The light is converted into a digital image by the senor in the machine vision camera system which is further sent to the processor for analysis.

What are the applications of Machine Vision Cameras?

Machine Vision Cameras are used in various industries such as Electronics and semiconductor, healthcare, automotive, food and beverage, pharmaceuticals, packaging and printing. It has wide applications in location analysis, inspection, and pattern recognition. The purpose of the vision system in location application is to find the object and report its position and orientation. In inspection applications the purpose of the vision system is to validate certain features such as presence or absence of a correct label on a bottle, chocolates in a box, or defects. In an identification application, various codes and alphanumeric characters are read by vision camera systems.

Machine Vision Camera Market

Market Research and Market Trends of Machine Vision Camera

The use of metamaterial lenses to reduce the size of the camera in machine vision equipment is one of the latest trends in market. Machine vision cameras are used in the identification of items during the manufacturing processes and hence require a small camera that can be used in the process of identification. The reduction in the size of cameras provides flexibility for data capturing and identification solutions, resulting in growth of the market.

In 2018, a leading manufacturer of digital high-speed imaging systems, Vision Research introduced Phantom S990, the world's fastest machine vision camera. This camera consists of right combination of high resolution and fast frame rates and has wide variety of applications in multiple industries. It brings the power of high speed streaming data to machine vision application along with flexible signaling and synchronization.

Several machine vision companies are focusing towards reducing the size of pixels to get high resolutions in small packages. The pixel size is believed to go down from 4.5 um to 3-3.5 um. One of the benefits of smaller pixels is the ability to get more pixels in the same optical format. With the improvements in CMOS, this will enable inspection and measurement of smaller structures and more complex structures. Developers are also focusing on improving the global shutter and performance.

PC based hyperspectral adoption has become necessary in several industries to identify materials, find objects, or detect processes that are not visible to the naked eye.  Hyperspectral cameras combine spectroscopy and digital imaging. These cameras will gain a wide market in the near future as they have wide applications in manufacturing, military surveillance, environment testing, mining and mineralogy segments as well as medical diagnostics. There is also adoption of hyperspectral imaging in various medical procedures and diagnostics.

Who are the Major Players in Machine Vision market?

The companies referred in the market research report are Sony Corporation (Japan), Omron Corporation (Japan), Sick AG (Germany), National Instruments Corporation (U.S), Hitachi Ltd. (Japan) and 10 others.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

Key Takeaways from this Report

  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Table of Contents

1. Machine Vision Camera Market– Market Overview2. Executive Summary
3. Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.3. Product Benchmarking
3.4. End User Profiling
3.5. Top 5 Financials Analysis
4. Machine Vision Camera Market– Market Forces
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Challenges
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Degree of Competition
5. Machine Vision Camera Market - By Type of Sensor
5.1. Charged Coupled Device (CCD) Technology
5.1.1. Interline Transfer
5.1.2. Frame Transfer
5.2. Complementary Metal–Oxide–Semiconductor (CMOS) Technology
5.2.1. Active Pixel
5.2.2. Fast
5.2.3. High SNR
5.2.4. Passive Pixel
5.2.5. Slow
5.2.6. Small Pixel
5.3. Modified Internal Gate (MIG) Sensor Technology
5.4. N-type metal-oxide-semiconductor Sensor Technology
6. Machine Vision Camera Market - By Process Type
6.1. 1D Image Sensor
6.2. 2D Image Sensor
6.3. 3D Image Sensor
7. Machine Vision Camera Market– By Pixel Type
7.1. Less Than 1MP
7.2. 1 to 3 MP
7.3. 3 to 5 MP
7.4. 5 to 8 MP
7.5. 8 to 12 MP
7.6. 12 MP and More
8. Machine Vision Camera Market - By Spectrum Type
8.1. Infrared Spectrum
8.1.1. Near Infrared Spectrum
8.1.2. Short Wave infrared Spectrum
8.1.3. Mid Wave Infrared Spectrum
8.1.4. Long Wave Infrared Spectrum
8.2. Visible Light Spectrum
8.3. X- Ray Spectrum
8.4. Others
9. Machine Vision Camera Market - By Detection Process Type
9.1. Line Scan Cameras
9.2. Area Scan Cameras
10. Machine Vision Camera Market – By Detection
10.1. Color Detection
10.2. Contour Detection
10.3. Text / Barcode Detection
10.4. Others
11. Machine Vision Camera Market- By Lens Type
11.1. Wide Angle Lens
11.2. Normal Lens
11.3. Tele Lens
12. Machine Vision Camera Market- By Platform Type
12.1. Smart Camera / Portable
12.2. PC based Camera
12.3. Wireless Cameras
12.4. Wearable Cameras
13. Machine Vision Camera Market- By Applications
13.1. Inspection
13.2. Guidance
13.3. Identification
13.4. Gauging
13.5. Others
14. Machine Vision Camera Market- By End Use Industry
14.1. Consumer Electronics
14.1.1. Mobiles/ Tablets
14.1.2. Laptops
14.1.3. Personal Computer (Web cameras)
14.1.4. Security Cameras
14.1.5. Gaming
14.1.6. Others
14.2. Pharmaceutical
14.2.1. Manufacturing Color Detection Contour Detection
14.2.2. Packaging Location Tracking Pattern Recognition (Text Barcode, etc.)
14.3. Food Industry
14.3.1. Manufacturing
14.3.2. Packaging Tracking Sorting Pattern Recognition (Text Barcode, etc.)
14.4. Beverage Industry
14.4.1. Manufacturing
14.4.2. Bottling Tracking Sorting Pattern Recognition (Text Barcode, etc.)
14.5. Automotive Manufacturing
14.5.1. Robotic Assistance
14.5.2. Tracking
14.5.3. Sorting
14.5.4. Others
14.6. Defense
14.6.1. On-Ground Robots Manned Vehicles
14.6.2. Aerospace Manned Vehicles Unmanned Ariel Vehicle
14.6.3. On Water
14.6.4. Underwater Submarines Unmanned underwater vehicles (UUV)
14.7. Automotive Intelligence and Safety
14.7.1. Advanced Driver Assistance Systems (ADAS)
14.7.2. Interior Tracking
14.8. Retail
14.8.1. Warehouse Packaging
14.8.2. Warehouse Tracking
14.9. Railroad
14.9.1. Hi-Rail Automated Rail Inspection
14.10. Surveying and Space
14.10.1. Earth Observation
14.10.2. Remote Sensing
14.10.3. Environmental Observation
14.10.4. Others
14.11. Commercial Surveillance System
14.11.1. IP Video Surveillance System
14.11.2. Analog Video Surveillance System
14.11.3. Biometric Surveillance System
14.11.4. Security Cameras
14.11.5. Security Drones
14.11.6. Others
14.12. Health Care
14.13. Transportation Industry
14.14. Postal
14.15. Non-Destructive Testing
14.16. Energy
14.17. Oil & Gas
14.18. Other Manufacturing Sectors
15. Machine Vision Camera Market, By Hardware Standards
15.1. Camera Link
15.2. Camera Link HS
15.3. CoaXPress
15.4. GigE Vision
15.5. USB3 Vision
15.6. Others
16. Machine Vision Camera Market, By Geography
16.1. North America
16.1.1. U.S.
16.1.2. Canada
16.1.3. Mexico
16.1.4. Rest of North America
16.2. South America
16.2.1. Brazil
16.2.2. Venezuela
16.2.3. Argentina
16.2.4. Ecuador
16.2.5. Peru
16.2.6. Colombia
16.2.7. Costa Rica
16.2.8. Rest of South America
16.3. Europe
16.3.1. U.K
16.3.2. Germany
16.3.3. Italy
16.3.4. France
16.3.5. Netherlands
16.3.6. Belgium
16.3.7. Spain
16.3.8. Denmark
16.3.9. Rest of Europe
16.4. APAC
16.4.1. China
16.4.2. Australia
16.4.3. South Korea
16.4.4. India
16.4.5. Taiwan
16.4.6. Malaysia
16.4.7. Hong Kong
16.4.8. Rest of APAC
16.5. Middle East & Africa
16.5.1. Israel
16.5.2. Saudi Arabia
16.5.3. South Africa
16.5.4. Rest of Middle East & Africa
17. Machine Vision Camera Market – Market Entropy
17.1. Expansion
17.2. Technological Developments
17.3. Merger & Acquisitions, and Joint Ventures
17.4. Supply- Contract
18. Company Profiles (By- Introduction, Financials, Key Insights, Key Strategy, Product Portfolio, SWOT Analysis)
18.1. Sony Corporation (Japan)
18.2. Omron Corporation (Japan)
18.3. Sick AG (Germany)
18.4. National Instruments Corporation (U.S)
18.5. Hitachi Ltd. (Japan)
19. Appendix
19.1. Abbreviations
19.2. Sources
19.3. Research
19.4. Methodology
19.5. Expert Insights