The Automation Machine Vision Market is witnessing significant growth as industries increasingly look to enhance efficiency, accuracy, and cost-effectiveness in their production processes. This market comprises systems that utilize various technologies, including cameras, sensors, software, and artificial intelligence (AI), to inspect, measure, and analyze products, ensuring quality and operational efficiency across multiple sectors.
Companies are also engaging in strategic mergers and acquisitions to enhance their technological capabilities and expand their market reach. For example, in late 2023, Keyence Corporation acquired a leading AI-based imaging software company, strengthening its product lineup.
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Market Overview
Automation machine vision refers to the use of computer-based imaging to enable automated inspection and analysis of items in manufacturing, logistics, and other sectors. With the rise of Industry 4.0 and an increasing trend towards automation and digital transformation, the demand for machine vision solutions is on the rise. The market is driven by advancements in technology, increasing adoption of automation, and the growing requirement for quality assurance in production lines.Market Size and Forecast
The global automation machine vision market was valued at approximately $10.2 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.5%, reaching $15.2 billion by 2030. This growth trajectory reflects the expanding need for machine vision systems across various industries, including automotive, semiconductor, power, and others.Market Share and Trends Analysis
In this section, we will analyze the market trends, key players, and product types that are shaping the automation machine vision market.Market Segmentation by Product Type
The market can be segmented into categories based on product type:- 2D Machine Vision Systems
- 3D Machine Vision Systems
- Software
- Lighting Equipment
- Optics
- Cameras
Key Players
Some of the leading players in the automation machine vision market include:- Cognex Corporation
- Keyence Corporation
- Omron Corporation
- B&R Automation
- Vitronic
- Stemmer Imaging
- Hikvision
Market Segmentation by Process
The automation machine vision market can also be segmented based on process type, including:- Inspection
- Measurement
- Identification
- Guidance
Market Segmentation by Application
The applications of automation machine vision are vast, with major sectors including:- Automotive
- Semiconductor
- Power
- Others
Market Segmentation by End-Use
The end-use industries leveraging automation machine vision include:- Manufacturing
- Pharmaceutical
- Electronics
- Food & Beverage
- Logistics
Regional Analysis
The automation machine vision market is analyzed across several key regions, including:- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market News on Policy and Companies
Recent regulatory changes and policies aimed at promoting automation in manufacturing have positively impacted the automation machine vision market. For instance, various governments are implementing initiatives to support the adoption of Industry 4.0 technologies, which include machine vision systems.Companies are also engaging in strategic mergers and acquisitions to enhance their technological capabilities and expand their market reach. For example, in late 2023, Keyence Corporation acquired a leading AI-based imaging software company, strengthening its product lineup.
Segment Forecasts for 2025 - 2030
Looking ahead, the automation machine vision market is anticipated to continue its robust growth trajectory. Key forecast insights include:- CAGR of 7.5% from 2025 - 2030
- Continued dominance of the automotive sector in application
- Significant growth of 3D machine vision systems
- North America maintaining leadership, while Asia Pacific gains ground
Conclusion
In summary, the automation machine vision market is poised for significant growth driven by technological advancements, increasing adoption of automation across multiple sectors, and rising demands for quality assurance and efficiency. Businesses engaged in this market must stay ahead of technological trends and competitive strategies to capitalize on emerging opportunities.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Automation Machine Vision Market in North America (2020-2030)
Chapter 10 Historical and Forecast Automation Machine Vision Market in South America (2020-2030)
Chapter 11 Historical and Forecast Automation Machine Vision Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Automation Machine Vision Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Automation Machine Vision Market in MEA (2020-2030)
Chapter 14 Summary For Global Automation Machine Vision Market (2020-2025)
Chapter 15 Global Automation Machine Vision Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Cognex
- Keyence
- Omron
- B&R Automation
- Vitronic
- Stemmer-Imaging
- Hikvision