The machine vision systems market size is expected to see strong growth in the next few years. It will grow to $21.81 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to growing demand for automation in manufacturing, growing demand for vision-guided robotics, rising need for smart factories and industry 4.0, increasing applications in non-industrial sectors, and growing emphasis on precision and accuracy in production. Major trends in the forecast period include advancement in 3d vision technology, advanced image sensors and processing algorithms, innovation in edge computing for real-time analysis, advancement in hyperspectral imaging, and innovation in compact and embedded vision systems.
The forecast of 9.5% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through slower adoption of automated quality control, as tariffs on high-resolution industrial cameras and lenses from Japan and South Korea may increase costs for manufacturing inspection systems. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The growing demand for automation is expected to drive the expansion of the machine vision systems market. Automation involves using technology to perform tasks with minimal human intervention, improving efficiency, accuracy, and consistency. The increased demand for automation stems from businesses' need to enhance operational efficiency by reducing costs, minimizing errors, and boosting productivity in competitive markets. Machine vision systems play a crucial role in automation by enabling precise, real-time visual inspection and decision-making, allowing machines to detect and adapt to variations in products or processes autonomously. For example, in September 2024, a report from the International Federation of Robotics, a Germany-based association, revealed that approximately 4.28 million robots were operating in factories globally in 2024, a 10% increase, with over 500,000 units installed annually for the third consecutive year. Additionally, in 2023, 70% of new robots were deployed in Asia, 17% in Europe, and 10% in the Americas. Therefore, the rising demand for automation is expected to accelerate the growth of the machine vision systems market.
Key players in the machine vision systems market are focusing on developing advanced products, such as vision sensors, to improve automated inspection, defect detection, and quality control processes across industries. Vision sensors capture and process images to detect, inspect, and measure objects, enabling automated decision-making in industrial applications. For instance, in August 2024, Cognex Corporation, a U.S.-based vision systems provider, introduced an AI-powered counting tool for its In-Sight SnAPP Vision Sensors. This tool revolutionizes manufacturing by automating tasks such as assembly verification and quantity checks that were once manual and error-prone. The advanced AI technology simplifies operations and enhances accuracy, enabling manufacturers to reliably count difficult items such as reflective, distorted, or similarly sized objects. The solution boosts efficiency and minimizes human error across various production environments.
In March 2025, Zebra Technologies, a U.S.-based mobile computing company, acquired Photoneo for an undisclosed amount. This acquisition will enable Zebra Technologies to strengthen its position in the rapidly expanding 3D machine vision market by integrating Photoneo's advanced solutions with AI-driven imaging and automation technologies. Photoneo, a Slovakia-based provider of machine vision systems, will enhance Zebra's capabilities in 3D vision technology and automation.
Machine vision systems are technologies that enable machines to interpret and understand visual data from the environment. These systems utilize cameras, sensors, and image processing software to inspect, analyze, and make decisions based on the images they capture. Machine vision systems are commonly employed in industries for tasks such as quality control, object recognition, and automation.
The primary components of machine vision systems are hardware and software. Hardware includes the physical components necessary for machine vision, such as cameras, sensors, lenses, lighting units, and processing units. These systems use various interfaces such as USB 2.0/USB, CoaXPress, Camera Link 3.0, and GigE. Machine vision systems are applied in tasks such as identification, inspection, gauging, positioning, and more. They are utilized across several industries, including food and beverage, healthcare and pharmaceuticals, logistics and retail, automotive, electronics and semiconductors, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp escalation of U.S. tariffs and resulting trade tensions in spring 2025 are significantly affecting the electrical and electronics sector. Key components such as semiconductors, display panels, and rare-earth metals crucial for batteries and motors are now facing heavy duties. Consumer electronics companies are seeing profit margins shrink, as fierce competition makes it difficult to pass on rising costs to consumers. At the same time, industrial electronics firms are experiencing project delays due to shortages of tariff-impacted parts like printed circuit boards. In response, businesses are shifting assembly operations to tariff-exempt nations, building up inventory reserves, and redesigning products to reduce reliance on restricted materials.
The machine vision systems market research report is one of a series of new reports that provides machine vision systems market statistics, including machine vision systems industry global market size, regional shares, competitors with a machine vision systems market share, detailed machine vision systems market segments, market trends and opportunities, and any further data you may need to thrive in the machine vision systems industry. This machine vision systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players in the machine vision systems market are Intel Corporation, Canon U.S.A. Inc., Toshiba Corporation, Texas Instruments Incorporated, Atlas Copco AB, Keyence Corporation, Omron Corporation, Zebra Technologies Corporation, Sick AG, TKH Group N.V., Cognex Corporation, Teledyne FLIR LLC, Baumer Optronic GmbH, Datalogic S.p.A., Basler AG, ISRA Vision AG, Stemmer Imaging AG, Optel Group, Allied Vision Technologies GmbH, USS Vision Inc., Sensum d.o.o., Kitov.ai Ltd., Roboception GmbH.
North America was the largest region in the machine vision systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in machine vision systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the machine vision systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The machine vision systems market consists of sales of lighting systems, embedded vision systems, lenses and optics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Machine Vision Systems Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on machine vision systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for machine vision systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The machine vision systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Hardware; Software2) By Interface: USB 2.0/USB; CoaXPress; 3.0 Camera Links; GigE
3) By Application: Identification; Inspection; Gauging; Positioning; Other Applications
4) By End-User Industry: Food And Beverage; Healthcare And Pharmaceutical; Logistics And Retail; Automotive; Electronics And Semiconductors; Other End-User Industries
Subsegments:
1) By Hardware: Cameras; Frame Grabbers; Optics; LED Lighting; Processors2) By Software: Application-Specific Software; Deep Learning Software; Barcode Reading Software; OCR (Optical Character Recognition) Software; Calibration And Measurement Software
Companies Mentioned:Intel Corporation; Canon U.S.A. Inc.; Toshiba Corporation; Texas Instruments Incorporated; Atlas Copco AB; Keyence Corporation; Omron Corporation; Zebra Technologies Corporation; Sick AG; TKH Group N.V.; Cognex Corporation; Teledyne FLIR LLC; Baumer Optronic GmbH; Datalogic S.p.A.; Basler AG; ISRA Vision AG; Stemmer Imaging AG; Optel Group; Allied Vision Technologies GmbH; USS Vision Inc.; Sensum d.o.o.; Kitov.ai Ltd.; Roboception GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Intel Corporation
- Canon U.S.A. Inc.
- Toshiba Corporation
- Texas Instruments Incorporated
- Atlas Copco AB
- Keyence Corporation
- Omron Corporation
- Zebra Technologies Corporation
- Sick AG
- TKH Group N.V.
- Cognex Corporation
- Teledyne FLIR LLC
- Baumer Optronic GmbH
- Datalogic S.p.A.
- Basler AG
- ISRA Vision AG
- Stemmer Imaging AG
- Optel Group
- Allied Vision Technologies GmbH
- USS Vision Inc.
- Sensum d.o.o.
- Kitov.ai Ltd.
- Roboception GmbH