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Machine Vision Technology Market Outlook, Trends, Analysis

Machine Vision Technology Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

Global Machine Vision Technology Market: Snapshot

The global market for machine vision technology is gaining significantly from the expansion in the manufacturing industry. The increasing need for lead frames, microchips, examine resistors, capacitors, and various other automobile components has escalated the demand for machine vision technology, reflecting positively on this market. In 2014, the market stood at US$15.7 bn. Progressing at a CAGR of 8.40% during the period from 2015 to 2021, the opportunity in this market is expected to rise to US$28.5 bn by the end of the forecast period. The increasing shift towards automation is projected to fuel the demand of this technology in the years to come.

Demand for PC-based Machine Vision Systems to Remain Strong

Embedded machine vision systems, PC-based machine vision systems, and smart camera-based machine vision systems are the main products available in the global market for machine vision technology. Of these, the demand for PC-based machine vision systems is much higher than others. In 2015, this segment occupied a total share of 60% in the overall market. With the significant increase in the need for highly advanced inspection methods in a number of industries, the demand for PC-based machine vision systems is anticipated to remain strong in the years to come. Other products are also expected to witness increasing demand over the next few years.

Machine vision technology finds significant application in industrial and non-industrial application. The overall market is led by industrial applications, which is further classified into packaging, automobiles, textiles, semiconductors, and electronics. In 2014, the semiconductors sub-segment emerged as the key industrial application of machine vision technology with a share of 22.1%. Lab automation, medical imaging, banking, traffic controlling, and security and surveillance are the main non-industrial applications, which utilize machine vision technology.

Asia Pacific to Retain Leadership in Global Machine Vision Technology Market

Based on the geography, the global market for machine vision technology has been classified into Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Among these, APAC acquired the leading position in the global market, thanks to the remarkable rise in the manufacturing sector. Proliferating at a CAGR of 7.30% between 2015 and 2021, this regional market is anticipated to continue on the dominant position over the next few years. However, the lack of system operators may limit the growth of this regional market to some extent.

The machine vision technology finds a widespread application in the industrial sector in Asia Pacific. PC-based machine vision technology enjoys the most prominent demand in this regional market. Among other regional markets, Europe has occupied the second position in the worldwide market for machine vision technology and is projected to maintain its place over the forthcoming years.

Cognex Corp., Basler AG, Allied Vision Technologies Inc., Adept Technology Inc., Keyence Corp., ISRA Vision AG, Microscan Systems Inc., Electro Scientific Industries Inc., OMRON Corp., and Seeing Machines Ltd. are some of the prominent participants in the global machine vision technology market.

     

    Chapter 1 Preface

    1.1 Report Description

    1.2 Research Scope

    1.3 Research Methodology

     

    Chapter 2 Executive Summary

     

    Chapter 3 Market Overview

    3.1 Introduction

    3.2 Key Trends Analysis

    3.3 Market Dynamics

         3.3.1 Market drivers

               3.3.1.1 Shift of demand towards automation

               3.3.1.2 Global increase in manufacturing sectors

         3.3.2 Market restraints

               3.3.2.1 Inefficiency among system operators due to lack of training

               3.3.2.2 Lack of standardization

         3.3.3 Market opportunities

               3.3.3.1 Introduction of improved 3D machine vision technology

               3.3.3.2 Introduction of machine vision in harvesting

    3.4 Market attractiveness analysis for machine vision technology market

    3.5 Competitive Landscape

         3.5.1 Machine vision technology market: Market positioning of key players

         3.5.2 Competitive Strategies Adopted by Leading Players

     

    Chapter 4 Global Machine Vision Technology Market: By Product Types

    4.1 Machine Vision Technology Market: Overview

         4.1.1 Global Machine Vision Technology Market Revenue Share, by Product Types, 2014 – 2021

    4.2 PC-Based Machine Vision Technology Market

         4.2.1 PC based Machine Vision Technology Market, 2014 – 2021 (USD Billion)

    4.3 Embedded Machine Vision Technology Market

         4.3.1 Embedded Machine Vision Technology Market, 2014 – 2021 (USD Billion)

    4.4 Smart Camera-Based Machine Vision Technology Market

         4.4.1 Smart Camera-Based Machine Vision Technology Market, 2014 – 2021 (USD Billion)

     

    Chapter 5 Global Machine Vision Technology Market: By Applications

    5.1 Machine Vision Technology Market Overview: By Applications

         5.1.1 Global Machine Vision Technology Market Revenue Share, by Applications, 2014 – 2021

    5.2 Industrial applications

         5.2.1 Global Machine Vision Technology Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.2 Semiconductors

               5.2.2.1 Global Semiconductors Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.3 Electricals

               5.2.3.1 Global Electricals Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.4 Packaging

               5.2.4.1 Global Packaging Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.5 Textiles

               5.2.5.1 Global Textiles Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.6 Automobiles

               5.2.6.1 Global Automobiles Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

         5.2.7 Others

               5.2.7.1 Global Others Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    5.3 Non-industrial applications

         5.3.1 Global Machine Vision Technology Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

         5.3.2 Security and surveillance

               5.3.2.1 Global Security and Surveillance Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

         5.3.3 Banking

               5.3.3.1 Global Banking Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

         5.3.4 Traffic Controlling

               5.3.4.1 Global Traffic Controlling Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

         5.3.5 Lab automation and medical imaging

               5.3.5.1 Global Lab Automation And Medical Imaging Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

         5.3.6 Others

               5.3.6.1 Global Others Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

     

    Chapter 6 Global Machine Vision Technology Market –By Geography

    6.1 Global Machine Vision Technology Market: Regional overview

         6.1.1 Global Machine Vision Technology Market Revenue Share, by Geography, 2014 and 2021

    6.2 North America

         6.2.1 North America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

               6.2.1.1 North America Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

               6.2.1.2 North America Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

         6.2.2 U.S.

               6.2.2.1 U.S. Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.2.3 Canada

               6.2.3.1 Canada Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.2.4 Rest of North America

               6.2.4.1 Rest of North America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    6.3 Europe

         6.3.1 Europe Machine Vision Technology Market, 2014 – 2021, (USD Billion)

               6.3.1.1 Europe Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

               6.3.1.2 Europe Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

         6.3.2 U.K.

               6.3.2.1 U.K. Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.3.3 France

               6.3.3.1 France Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.3.4 Germany

               6.3.4.1 Germany Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.3.5 Italy

               6.3.5.1 Italy Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.3.6 Spain

               6.3.6.1 Spain Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.3.7 Rest of Europe

               6.3.7.1 Rest of Europe Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    6.4 Asia Pacific (APAC)

         6.4.1 Asia Pacific Machine Vision Technology Market, 2014 – 2021, (USD Billion)

               6.4.1.1 Asia Pacific Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

               6.4.1.2 Asia Pacific Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

         6.4.2 India

               6.4.2.1 India Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.4.3 China

               6.4.3.1 China Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.4.4 Japan

               6.4.4.1 Japan Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.4.5 Rest of Asia Pacific

               6.4.5.1 Rest of Asia Pacific Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    6.5 Rest of the World (RoW)

         6.5.1 RoW Machine Vision Technology Market, 2014 – 2021, (USD Billion)

               6.5.1.1 RoW Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

               6.5.1.2 RoW Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

         6.5.2 Latin America

               6.5.2.1 Latin America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.5.3 Middle East

               6.5.3.1 Middle East Machine Vision Technology Market, 2014 – 2021, (USD Billion)

         6.5.4 Rest of RoW

               6.5.4.1 Rest of RoW Machine Vision Technology Market, 2014 – 2021, (USD Billion)

     

    Chapter 7 Company Profiles

    7.1 Allied Vision Technologies Inc.

    7.2 Basler AG

    7.3 Adept Technology Inc.

    7.4 Cognex Corporation

    7.5 Keyence corporation

    7.6 ISRA Vision AG.

    7.7 Microscan Systems Inc.

    7.8 Electro Scientific Industries Inc.

    7.9 OMRON Corporation

    7.10 Seeing Machines Ltd.

    List of Tables

     

    TABLE 1 Global Machine Vision Technology Market Snapshot

    TABLE 2 Drivers for machine vision technology market: Impact analysis

    TABLE 3 Restraints for machine vision technology market

    TABLE 4 North America Machine Vision Technology Market, by Product Type, 2014 –     2021,      (USD Billion)

    TABLE 5 North America Machine Vision Technology Market, by Application, 2014 –           2021, (USD Billion)

    TABLE 6 North America Machine Vision Technology Market, by Industrial Application,  2014 – 2021, (USD Billion)

    TABLE 7 North America Machine Vision Technology Market, by Non-industrial Application,  2014 – 2021, (USD Billion)

    TABLE 8 Europe Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

    TABLE 9 Europe Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

    TABLE 10 Europe Machine Vision Technology Market, by Industrial Application, 2014 – 2021, (USD Billion)

    TABLE 11 Europe Machine Vision Technology Market, by Non-industrial Application, 2014 – 2021, (USD Billion)

    TABLE 12 Asia Pacific Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

    TABLE 13 Asia Pacific Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

    TABLE 14 Asia Pacific Machine Vision Technology Market, by Industrial Application, 2014 – 2021, (USD Billion)

    TABLE 15 Asia Pacific Machine Vision Technology Market, by Non-industrial Application, 2014 – 2021, (USD Billion)

    TABLE 16 RoW Machine Vision Technology Market, by Product Type, 2014 – 2021, (USD Billion)

    TABLE 17 RoW Machine Vision Technology Market, by Application, 2014 – 2021, (USD Billion)

    TABLE 18 RoW Machine Vision Technology Market, by Industrial Application, 2014 – 2021, (USD Billion)

    TABLE 19 RoW Machine Vision Technology Market, by Non-industrial Application, 2014 – 2021, (USD Billion)

    List of Figures

     

    FIG. 1 Machine vision technology market by product type, 2014

    FIG. 2 Machine Vision Technology Market: Market Positioning of Key Players, 2014 (%)

    FIG. 3 Global Machine Vision Technology market revenue share, by product types, 2014 and 2021

    FIG. 4 PC-Based Machine Vision Technology Market Revenue, 2014 – 2021 (USD Billion)

    FIG. 5 Embedded Machine Vision Technology Market Revenue, 2014 – 2021 (USD Billion)

    FIG. 6 Smart Camera-Based Machine Vision Technology Market Revenue, 2014 – 2021 (USD Billion)

    FIG. 7 Global Machine Vision Technology Market Revenue Share, by Applications, 2014 – 2021

    FIG. 8 Global Machine Vision Technology Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 9 Global Semiconductors Market Revenue, Industrial Application 2014 – 2021 (USD Billion)

    FIG. 10 Global Electricals Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 11 Global Packaging Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 12 Global Textiles Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 13 Global Automobiles Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 14 Global Others Market Revenue, Industrial Application, 2014 – 2021 (USD Billion)

    FIG. 15 Global Machine Vision Technology Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 16 Global Security and Surveillance Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 17 Global Banking Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 18 Global Traffic Controlling Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 19 Global Lab Automation and Medical Imaging Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 20 Global Others Market Revenue, Non-industrial Application, 2014 – 2021 (USD Billion)

    FIG. 21 Global Machine Vision Technology Market Revenue Share, by Geography, 2014 and 2021

    FIG. 22 North America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 23 U.S. Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 24 Canada Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 25 Rest of North America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 26 Europe Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 27 U.K. Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 28 France Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 29 Germany Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 30 Italy Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 31 Spain Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 32 Rest of Europe Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 33 Asia Pacific Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 34 India Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 35 China Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 36 Japan Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 37 Rest of Asia Pacific Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 38 RoW Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 39 Latin America Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 40 Middle East Machine Vision Technology Market, 2014 – 2021, (USD Billion)

    FIG. 41 Rest of RoW Machine Vision Technology Market, 2014 – 2021, (USD Billion)

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Machine Vision Technology Market Outlook, Trends, Analysis

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