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Data Bridge Market Research analyses that the global industrial machine vision market which was USD 11,150 million in 2022, would rocket up to USD 21,160 million by 2030, and is expected to undergo a CAGR of 8.11% during the forecast period. This indicates the market value.
Market Overview
Industrial and non-industrial uses are common in machine vision. It consists of a collection of software and hardware that guides operating equipment in the acquisition and processing of images. The machine vision process includes gathering project information, determining requirements, and developing a solution.
Some of the major players operating in the global industrial machine vision market are:
COGNEX CORPORATION (US), Basler AG (Germany), OMRON Corporation (Japan), KEYENCE CORPORATION (Japan), NATIONAL INSTRUMENTS CORP. (US), Sony Semiconductor Solutions Corporation (Japan), Teledyne Technologies Inc. (US), Allied Vision Technologies GmbH (Germany), SICK AG (Germany), Texas Instruments Incorporated (US), Intel Corporation (US), Baumer (Switzerland), JAI A/S (Denmark), MVTEC SOFTWARE GMBH (Germany), Tordivel AS (Norway), ISRA VISION AG (Germany), FLIR Systems, Inc. (US), AMETEK Surface Vision (US), Qualitas Technologies Pvt Ltd (India), and Cadence Design Systems, Inc. (US).
Global Industrial Machine Vision Market Regional Analysis/Insights
The industrial machine vision market is analysed and market size insights and trends are provided by country, component, product type, technology, end user and application as referenced above.
The countries covered in the industrial machine vision market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America is expected to lead the industrial machine vision market due to the application of advanced technology in several industries. Furthermore, the occurrence of major key players will further boost the growth of the industrial machine vision market in the region during the forecast period.
Asia-Pacific is projected to observe a significant amount of growth in the industrial machine vision market due to the sturdy occurrence of major manufacturing countries. Moreover, the rise in new entrants is further anticipated to propel the growth of the industrial machine vision market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gl Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-industrial-machine-vision-market
Highlights of TOC :
Chapter 1: Market overview
Chapter 2: Global Industrial Machine Vision Market
Chapter 3: Regional analysis of the Global Industrial Machine Vision industry
Chapter 4: Global Industrial Machine Vision segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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