Machine Vision Market: Market Segmentation and Industry Drivers in Focus, Forecast to 2033
The global machine vision market size was valued at USD 16.07 million in 2024 and is projected to reach from USD 17.21 million in 2025 to USD 29.78 million by 2033, growing at a CAGR of 7.10% during the forecast period (2025-2033).
Machine Vision Market Synopsis 2025:
The purpose of this section's research is to study the Machine Vision Market during the course of the estimated period using several confirmed parameters based on Porter's Five Force Model. As a result, a thorough inspection of the market helps in recognizing and emphasizing the market's crucial strengths and weaknesses as it developments. Also, the report was created using a combination of primary and secondary research, containing interviews, surveys, and observations from knowledgeable analysts.
According to Straits Research, the global machine vision market size was valued at USD XX Billion in 2021. It is projected to reach USD 24604 Million by 2030, growing at a 7.1 during the forecast period.
The report contains profiling of key vendors of virtually every noteworthy company in the Machine Vision Market. The Company Profiling section offers treasured analysis of strengths and weaknesses, industry developments, recent developments, mergers and acquisitions, future expansion plans, global footprint, global market presence, and product portfolios of key market players. This information can be used by key vendors and other market participants to maximize cost effectiveness and update business strategies. Our competitive analysis also comprises key information that helps new entrants identify fences to market entry and gauge the level of competitiveness of the Machine Vision market.
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The Report Lists the Main Companies in the Machine Vision Market:
- Cognex Corporation
- Basler AG
- Omron Corporation
- Keyence
- National Instruments
- Sony Corporation
- Teledyne Technologies
- Texas Instruments
- Intel Corporation
- ISRA Vision
- Sick AG
- FLIR Systems
- Optotune AG
- USS Vision
- ViDi Systems SA
- Bosch Rexroth
- Euclid Labs
- Allied Vision
Key Questions Answered in the Report:
- What are the opportunities & challenges for new competitors?
- Who are the prominent key players present in the global market?
- Which segment would offer the most chance for market growth?
- Where will the current growths take the industry in the long term?
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- The COVID-19 impact on the Machine Vision market is impulsive and is anticipated to endure in force till the fourth quarter of 2025.
- The COVID-19 outbreak enforced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2024. This controlled to sudden fall in the obtainability of important raw materials.
- Moreover, countrywide lockdowns forced manufacturing services to partially or completely shut their operations.
- Contrary impacts of the COVID-19 pandemic have resulted in postponements in activities and initiatives about growth of reliable and innovative drone analytics systems worldwide.
Detailed Market Segmentation:
- By Offering
- Hardware
- Camera
- Optic/Lenses
- Frame Grabber
- Lighting
- Processors
- Software
- Barcode Reading
- Standard Algorithm
- Deep Learning Software
- Services
- Integration
- Solution Management
- Hardware
- By Product
- PC-Based
- Smart Camera-Based
- By Application
- Quality Assurance and Inspection
- Positioning and Guidance
- Measurement
- Identification
- By End-Use Industry
- Automotive
- Pharmaceuticals and Chemicals
- Electronics and Semiconductor
- Pulp and Paper
- Printing and Labeling
- Food and Beverage
- Glass and Metal
- Postal and Logistics
- Others
Get Detailed Market Segmentation: https://straitsresearch.com/report/machine-vision-market/segmentation
The competitive analysis of the main market companies studied in the Machine Vision Market report, contributions businesses take better moves for cultivating their product and sales. The report covers the details about industry analysis, market definition, market segmentation, key growth areas, competitive examination and research methodology. This Machine Vision market report delivers the company profiles, in deep product specifications, capacity, production value, and market shares of every company for the estimated period of 2025-2033. All statistical and numerical information given in the Machine Vision Market report is represented with the help of graphs and charts which facilitates the considerate of facts and figures.
What are the Goals of the Report?
- This market report shows the predictable market size for the Machine Vision Market at the end of the estimated period. The report also examines the historical and current market sizes and share also.
- On the basis of numerous indicators, the charts present the year-over-year growth (%) and impressive healthy compound annual growth rate (CAGR) for the given estimated period.
- The report contains an in deep overview of the market, its geographical scope, its segmentation, and the financial performance of key vendors.
- The report studies the current state of the industry and the potential growth opportunities in various worldwide regions like North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
- The research report includes several key factors underwriting to the market’s growth.
- The report analyses the industry growth rate, market size and share, and market valuation for the estimated period.
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