Machine Vision System Market size is projected to reach US$ 20.30 Bn at the end of the forecast period at a CAGR of 7%.Machine Vision System Market Overview:
Machine vision system maintains a high level of error recognition by replacing incapability of human inspector for a long duration. Machine vision system supports automatic analysis and inspection of the production line, by imaging, used in process control, robot assistance, verification, measurements and other functions. Machine vision facilitates entire solution starting from acquiring an image to interacting to management information system (MIS). The demand for machine vision system is expected to rise due to heavy investments in R&D of smart camera and software by key players, such as Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, and others.To know about the Research Methodology :- Request Free Sample Report The machine vision system’s end-use is in several industries, like, printing & labeling, food & beverage, automotive, pharmaceuticals & chemicals, electronics & semiconductor and others. Among all the automotive industry is the leading end-use segment of machine vision systems worldwide. The segment is expected to experience rapid growth at CAGR xx% during the forecast period (2024-2030). The automotive industry extensively utilizes machine vision for inspection purposes, which include error proofing, presence/absence checking, assembly verification and finishing inspection. In addition to this, machine vision systems are also used for robotic guidance, dimensional gauging and testing automation purposes. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Machine Vision System Market Dynamics:
The machine vision system industry is expected to grow during the forecast period (2024-2030) due to huge demand for automation in industrial & commercial applications and rapid evolution of CMOS image sensors. Though, to enable entry of machine vision in newer markets, rigorous training and education is required and lack of it restrains the machine vision system market growth. Besides, increasing demand of machine vision system from the different industry sectors provides productive opportunities for the players operating in machine vision system industry. Slower speed than machine, long-term inconsistency, need of rest period and variation among different inspectors are the major disadvantages of human inspection, which generates the high demand for machine vision system worldwide and supplements the market growth. In the contradiction of human inspection, Machine vision facilitates cost-effective, accurate, speedy and high functionality of an inspection technique. It is the most required system for improving the quality and productivity in the manufacturing process. Asia-pacific and Europe, together accounted for about ~80% of the total market revenue, on account of significant growth of electronics and automotive industries in these regions. Key market players adopt novel strategies to improve their manufacturing techniques and widen their product portfolio to gain a competitive edge over other players.Segment Analysis:
Machine Vision System Market Component : Global Machine Vision System Market is segmented by Component, which comprises of several objects such as Smart Camera, Embedded System, Frame Grabber, Lighting and Lenses. Among these, smart cameras held the largest share of US$ xx Bn in 2023, which can be credited to rising demand for CMOS imaging sensors across the globe. This leads to lucrative CAGR of 8.0% of smart camera over the forecast period. The frame grabber segment is likely to experience steady growth at CAGR xx% over the forecast period depending on the training and deep learning of the technology. Machine Vision System Market Application : By application, the machine vision market has been segmented into inspection, positioning, measurement and identification. The technology is comprehensively used for scanning and identifying labels, texts and barcodes, mainly in the packaging sector. This saves time, avoids human errors and automates packaging activities thereby improving efficiency. The technology is commonly used in consumer goods, pharmaceutical, and several other sectors where packaging is used. Sharp adoption of the technology in these sectors has resulted in reduced forgery products to a large extent and expected to contribute in the speedy growth at CAGR xx% during the forecast period. The identification segment is expected to drive the market growth with CAGR of 8.37% during the forecast period, due to several advantages and opportunities offered by the technology such as, camera surveillance, monitoring traffic and recognizing number plates for security purposes.Machine Vision System Market Objective of the Report:
The objective of the report is to present a comprehensive analysis of the Global Machine Vision System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Machine Vision System Market dynamics, structure by analyzing the market segments and projects the Global market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Machine Vision System Market make the report investor’s guide.Machine Vision System Market Scope: Inquire before buying
Global Machine Vision System Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 12.64 Bn. Forecast Period 2024 to 2030 CAGR: 7% Market Size in 2030: US $ 20.30 Bn. Segments Covered: by Component Smart Camera Embedded System Frame Grabber Lighting Lenses by Type 1D Measurement 2D Measurement 3D Measurement by Application Positioning Identification Verification Measurement by Industry Vertical Industrial Healthcare Electronics Automotive Others Machine Vision System Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. Cognex Corporation 2. Teledyne Technologies, Inc. 3. Keyence Corporation 4. National Instruments Corporation 5. Texas Instruments, Inc. 6. Basler AG 7. Baumer Optronic GmbH 8. Sick AG 9. Omron Corporation 10.Allied Vision Technologies GmbH 11.Intel Corporation, 12.Jai A/S, 13.Canon Inc. 14.Datalogic S.p.A. 15.Microscan Systems, Inc. 16.Adept Technology 17.IDS Imaging Development Systems GmbH 18.Machine Vision Technology 19.Sony Corporation 20.ISRA Vision 21.FLIR Systems Frequently Asked Questions: 1. Which region has the largest share in Global Machine Vision System Market? Ans: Asia-pacific region held the highest share in 2023. 2. What is the growth rate of Global Machine Vision System Market? Ans: The market is growing at a CAGR of 7% during forecasting period 2024-2030. 3. What is scope of the Global Machine Vision System market report? Ans: Global Machine Vision System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Machine Vision System market? Ans: The important key players in the Global Machine Vision System Market are – Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, National Instruments Corporation, Texas Instruments, Inc., Basler AG, Baumer Optronic GmbH, Sick AG, Omron Corporation, Allied Vision Technologies GmbH, Intel Corporation,, Jai A/S,, Canon Inc., Datalogic S.p.A., Microscan Systems, Inc., Adept Technology, IDS Imaging Development Systems GmbH, Machine Vision Technology, Sony Corporation, and ISRA Vision 5. What is the study period of this market? Ans: The Global Machine Vision System Market is studied from 2023 to 2030.
Global Machine Vision System Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Machine Vision System Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Machine Vision System Market Analysis and Forecast 6.1. Global Machine Vision System Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Machine Vision System Market Analysis and Forecast, By Component 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Machine Vision System Market Value Share Analysis, By Component 7.4. Global Machine Vision System Market Size (US$ Bn) Forecast, By Component 7.5. Global Machine Vision System Market Analysis, By Component 7.6. Global Machine Vision System Market Attractiveness Analysis, By Component 8. Global Machine Vision System Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Machine Vision System Market Value Share Analysis, By Application 8.4. Global Machine Vision System Market Size (US$ Bn) Forecast, By Application 8.5. Global Machine Vision System Market Analysis, By Application 8.6. Global Machine Vision System Market Attractiveness Analysis, By Application 9. Global Machine Vision System Market Analysis and Forecast, By Type 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Machine Vision System Market Value Share Analysis, By Type 9.4. Global Machine Vision System Market Size (US$ Bn) Forecast, By Type 9.5. Global Machine Vision System Market Analysis, By Type 9.6. Global Machine Vision System Market Attractiveness Analysis, By Type 10. Global Machine Vision System Market Analysis and Forecast, By Industry Vertical 10.1. Introduction and Definition 10.2. Key Findings 10.3. Global Machine Vision System Market Value Share Analysis, By Industry Vertical 10.4. Global Machine Vision System Market Size (US$ Bn) Forecast, By Industry Vertical 10.5. Global Machine Vision System Market Analysis, By Industry Vertical 10.6. Global Machine Vision System Market Attractiveness Analysis, By Industry Vertical 11. Global Machine Vision System Market Analysis, by Region 11.1. Global Machine Vision System Market Value Share Analysis, by Region 11.2. Global Machine Vision System Market Size (US$ Bn) Forecast, by Region 11.3. Global Machine Vision System Market Attractiveness Analysis, by Region 12. North America Machine Vision System Market Analysis 12.1. Key Findings 12.2. North America Machine Vision System Market Overview 12.3. North America Machine Vision System Market Value Share Analysis, By Component 12.4. North America Machine Vision System Market Forecast, By Component 12.4.1. Smart Camera 12.4.2. Embedded System 12.4.3. Frame Grabber 12.4.4. Lighting 12.4.5. Lenses 12.5. North America Machine Vision System Market Value Share Analysis, By Application 12.6. North America Machine Vision System Market Forecast, By Application 12.6.1. Positioning 12.6.2. Identification 12.6.3. Verification 12.6.4. Economy 12.7. North America Machine Vision System Market Value Share Analysis, By Type 12.8. North America Machine Vision System Market Forecast, By Type 12.8.1. 1D Measurement 12.8.2. 2D Measurement 12.8.3. 3D Measurement 12.9. North America Machine Vision System Market Value Share Analysis, By Industry Vertical 12.10. North America Machine Vision System Market Forecast, By Industry Vertical 12.10.1. Industrial 12.10.2. Healthcare 12.10.3. Electronics 12.10.4. Automotive 12.10.5. Others 12.11. North America Machine Vision System Market Value Share Analysis, by Country 12.12. North America Machine Vision System Market Forecast, by Country 12.12.1. U.S. 12.12.2. Canada 12.13. North America Machine Vision System Market Analysis, by Country 12.14. U.S. Machine Vision System Market Forecast, By Component 12.14.1. Smart Camera 12.14.2. Embedded System 12.14.3. Frame Grabber 12.14.4. Lighting 12.14.5. Lenses 12.15. U.S. Machine Vision System Market Forecast, By Application 12.15.1. Positioning 12.15.2. Identification 12.15.3. Verification 12.15.4. Measurement 12.16. U.S. Machine Vision System Market Forecast, By Type 12.16.1. 1D Measurement 12.16.2. 2D Measurement 12.16.3. 3D Measurement 12.17. U.S. Machine Vision System Market Forecast, By Industry Vertical 12.17.1. Industrial 12.17.2. Healthcare 12.17.3. Electronics 12.17.4. Automotive 12.17.5. Others 12.18. Canada Machine Vision System Market Forecast, By Component 12.18.1. Smart Camera 12.18.2. Embedded System 12.18.3. Frame Grabber 12.18.4. Lighting 12.18.5. Lenses 12.19. Canada Machine Vision System Market Forecast, By Application 12.19.1. Positioning 12.19.2. Identification 12.19.3. Verification 12.19.4. Measurement 12.20. Canada Machine Vision System Market Forecast, By Type 12.20.1. 1D Measurement 12.20.2. 2D Measurement 12.20.3. 3D Measurement 12.21. Canada Machine Vision System Market Forecast, By Industry Vertical 12.21.1. Industrial 12.21.2. Healthcare 12.21.3. Electronics 12.21.4. Automotive 12.21.5. Others 12.22. North America Machine Vision System Market Attractiveness Analysis 12.22.1. By Component 12.22.2. By Application 12.22.3. By Type 12.22.4. By Industry Vertical 12.23. PEST Analysis 12.24. Key Trends 12.25. Key Developments 13. Europe Machine Vision System Market Analysis 13.1. Key Findings 13.2. Europe Machine Vision System Market Overview 13.3. Europe Machine Vision System Market Value Share Analysis, By Component 13.4. Europe Machine Vision System Market Forecast, By Component 13.4.1. Smart Camera 13.4.2. Embedded System 13.4.3. Frame Grabber 13.4.4. Lighting 13.4.5. Lenses 13.5. Europe Machine Vision System Market Value Share Analysis, By Application 13.6. Europe Machine Vision System Market Forecast, By Application 13.6.1. Positioning 13.6.2. Identification 13.6.3. Verification 13.6.4. Measurement 13.7. Europe Machine Vision System Market Value Share Analysis, By Type 13.8. Europe Machine Vision System Market Forecast, By Type 13.8.1. 1D Measurement 13.8.2. 2D Measurement 13.8.3. 3D Measurement 13.9. Europe Machine Vision System Market Value Share Analysis, By Industry Vertical 13.10. Europe Machine Vision System Market Forecast, By Industry Vertical 13.10.1. Industrial 13.10.2. Healthcare 13.10.3. Electronics 13.10.4. Automotive 13.10.5. Others 13.11. Europe Machine Vision System Market Value Share Analysis, by Country 13.12. Europe Machine Vision System Market Forecast, by Country 13.12.1. Germany 13.12.2. U.K. 13.12.3. France 13.12.4. Italy 13.12.5. Spain 13.12.6. Rest of Europe 13.13. Europe Machine Vision System Market Analysis, by Country 13.14. Germany Machine Vision System Market Forecast, By Component 13.14.1. Smart Camera 13.14.2. Embedded System 13.14.3. Frame Grabber 13.14.4. Lighting 13.14.5. Lenses 13.15. Germany Machine Vision System Market Forecast, By Application 13.15.1. Positioning 13.15.2. Identification 13.15.3. Verification 13.15.4. Measurement 13.16. Germany Machine Vision System Market Forecast, By Type 13.16.1. 1D Measurement 13.16.2. 2D Measurement 13.16.3. 3D Measurement 13.17. Germany Machine Vision System Market Forecast, By Industry Vertical 13.17.1. Industrial 13.17.2. Healthcare 13.17.3. Electronics 13.17.4. Automotive 13.17.5. Others 13.18. U.K. Machine Vision System Market Forecast, By Component 13.18.1. Smart Camera 13.18.2. Embedded System 13.18.3. Frame Grabber 13.18.4. Lighting 13.18.5. Lenses 13.19. U.K. Machine Vision System Market Forecast, By Application 13.19.1. Positioning 13.19.2. Identification 13.19.3. Verification 13.19.4. Measurement 13.20. U.K. Machine Vision System Market Forecast, By Type 13.20.1. 1D Measurement 13.20.2. 2D Measurement 13.20.3. 3D Measurement 13.21. U.K. Machine Vision System Market Forecast, By Industry Vertical 13.21.1. Industrial 13.21.2. Healthcare 13.21.3. Electronics 13.21.4. Automotive 13.21.5. Others 13.22. France Machine Vision System Market Forecast, By Component 13.22.1. Smart Camera 13.22.2. Embedded System 13.22.3. Frame Grabber 13.22.4. Lighting 13.22.5. Lenses 13.23. France Machine Vision System Market Forecast, By Application 13.23.1. Positioning 13.23.2. Identification 13.23.3. Verification 13.23.4. Measurement 13.24. France Machine Vision System Market Forecast, By Type 13.24.1. 1D Measurement 13.24.2. 2D Measurement 13.24.3. 3D Measurement 13.25. France Machine Vision System Market Forecast, By Industry Vertical 13.25.1. Industrial 13.25.2. Healthcare 13.25.3. Electronics 13.25.4. Automotive 13.25.5. Others 13.26. Italy Machine Vision System Market Forecast, By Component 13.26.1. Smart Camera 13.26.2. Embedded System 13.26.3. Frame Grabber 13.26.4. Lighting 13.26.5. Lenses 13.27. Italy Machine Vision System Market Forecast, By Application 13.27.1. Positioning 13.27.2. Identification 13.27.3. Verification 13.27.4. Measurement 13.28. Italy Machine Vision System Market Forecast, By Type 13.28.1. 1D Measurement 13.28.2. 2D Measurement 13.28.3. 3D Measurement 13.29. Italy Machine Vision System Market Forecast, By Industry Vertical 13.29.1. Industrial 13.29.2. Healthcare 13.29.3. Electronics 13.29.4. Automotive 13.29.5. Others 13.30. Spain Machine Vision System Market Forecast, By Component 13.30.1. Smart Camera 13.30.2. Embedded System 13.30.3. Frame Grabber 13.30.4. Lighting 13.30.5. Lenses 13.31. Spain Machine Vision System Market Forecast, By Application 13.31.1. Positioning 13.31.2. Identification 13.31.3. Verification 13.31.4. Measurement 13.32. Spain Machine Vision System Market Forecast, By Type 13.32.1. 1D Measurement 13.32.2. 2D Measurement 13.32.3. 3D Measurement 13.33. Spain Machine Vision System Market Forecast, By Industry Vertical 13.33.1. Industrial 13.33.2. Healthcare 13.33.3. Electronics 13.33.4. Automotive 13.33.5. Others 13.34. Rest of Europe Machine Vision System Market Forecast, By Component 13.34.1. Smart Camera 13.34.2. Embedded System 13.34.3. Frame Grabber 13.34.4. Lighting 13.34.5. Lenses 13.35. Rest of Europe Machine Vision System Market Forecast, By Application 13.35.1. Positioning 13.35.2. Identification 13.35.3. Verification 13.35.4. Measurement 13.36. Rest of Europe Machine Vision System Market Forecast, By Type 13.36.1. 1D Measurement 13.36.2. 2D Measurement 13.36.3. 3D Measurement 13.37. Rest Of Europe Machine Vision System Market Forecast, By Industry Vertical 13.37.1. Industrial 13.37.2. Healthcare 13.37.3. Electronics 13.37.4. Automotive 13.37.5. Others 13.38. Europe Machine Vision System Market Attractiveness Analysis 13.38.1. By Component 13.38.2. By Application 13.38.3. By Type 13.38.4. By Industry Vertical 13.39. PEST Analysis 13.40. Key Trends 13.41. Key Developments 14. Asia Pacific Machine Vision System Market Analysis 14.1. Key Findings 14.2. Asia Pacific Machine Vision System Market Overview 14.3. Asia Pacific Machine Vision System Market Value Share Analysis, By Component 14.4. Asia Pacific Machine Vision System Market Forecast, By Component 14.4.1. Smart Camera 14.4.2. Embedded System 14.4.3. Frame Grabber 14.4.4. Lighting 14.4.5. Lenses 14.5. Asia Pacific Machine Vision System Market Value Share Analysis, By Application 14.6. Asia Pacific Machine Vision System Market Forecast, By Application 14.6.1. Positioning 14.6.2. Identification 14.6.3. Verification 14.6.4. Measurement 14.7. Asia Pacific Machine Vision System Market Value Share Analysis, By Type 14.8. Asia Pacific Machine Vision System Market Forecast, By Type 14.8.1. 1D Measurement 14.8.2. 2D Measurement 14.8.3. 3D Measurement 14.9. Asia Pacific Machine Vision System Market Value Share Analysis, By Industry Vertical 14.10. Asia Pacific Machine Vision System Market Forecast, By Industry Vertical 14.10.1. Industrial 14.10.2. Healthcare 14.10.3. Electronics 14.10.4. Automotive 14.10.5. Others 14.11. Asia Pacific Machine Vision System Market Value Share Analysis, by Country 14.12. Asia Pacific Machine Vision System Market Forecast, by Country 14.12.1. China 14.12.2. India 14.12.3. Japan 14.12.4. ASEAN 14.12.5. Rest of Asia Pacific 14.13. Asia Pacific Machine Vision System Market Analysis, by Country 14.14. China Machine Vision System Market Forecast, By Component 14.14.1. Smart Camera 14.14.2. Embedded System 14.14.3. Frame Grabber 14.14.4. Lighting 14.14.5. Lenses 14.15. China Machine Vision System Market Forecast, By Application 14.15.1. Positioning 14.15.2. Identification 14.15.3. Verification 14.15.4. Measurement 14.16. China Machine Vision System Market Forecast, By Type 14.16.1. 1D Measurement 14.16.2. 2D Measurement 14.16.3. 3D Measurement 14.17. China Machine Vision System Market Forecast, By Industry Vertical 14.17.1. Industrial 14.17.2. Healthcare 14.17.3. Electronics 14.17.4. Automotive 14.17.5. Others 14.18. India Machine Vision System Market Forecast, By Component 14.18.1. Smart Camera 14.18.2. Embedded System 14.18.3. Frame Grabber 14.18.4. Lighting 14.18.5. Lenses 14.19. India Machine Vision System Market Forecast, By Application 14.19.1. Positioning 14.19.2. Identification 14.19.3. Verification 14.19.4. Measurement 14.20. India Machine Vision System Market Forecast, By Type 14.20.1. 1D Measurement 14.20.2. 2D Measurement 14.20.3. 3D Measurement 14.21. India Machine Vision System Market Forecast, By Industry Vertical 14.21.1. Industrial 14.21.2. Healthcare 14.21.3. Electronics 14.21.4. Automotive 14.21.5. Others 14.22. Japan Machine Vision System Market Forecast, By Component 14.22.1. Smart Camera 14.22.2. Embedded System 14.22.3. Frame Grabber 14.22.4. Lighting 14.22.5. Lenses 14.23. Japan Machine Vision System Market Forecast, By Application 14.23.1. Positioning 14.23.2. Identification 14.23.3. Verification 14.23.4. Measurement 14.24. Japan Machine Vision System Market Forecast, By Type 14.24.1. 1D Measurement 14.24.2. 2D Measurement 14.24.3. 3D Measurement 14.25. Japan Machine Vision System Market Forecast, By Industry Vertical 14.25.1. Industrial 14.25.2. Healthcare 14.25.3. Electronics 14.25.4. Automotive 14.25.5. Others 14.26. ASEAN Machine Vision System Market Forecast, By Component 14.26.1. Smart Camera 14.26.2. Embedded System 14.26.3. Frame Grabber 14.26.4. Lighting 14.26.5. Lenses 14.27. ASEAN Machine Vision System Market Forecast, By Application 14.27.1. Positioning 14.27.2. Identification 14.27.3. Verification 14.27.4. Measurement 14.28. ASEAN Machine Vision System Market Forecast, By Type 14.28.1. 1D Measurement 14.28.2. 2D Measurement 14.28.3. 3D Measurement 14.29. ASEAN Machine Vision System Market Forecast, By Industry Vertical 14.29.1. Industrial 14.29.2. Healthcare 14.29.3. Electronics 14.29.4. Automotive 14.29.5. Others 14.30. Rest of Asia Pacific Machine Vision System Market Forecast, By Component 14.30.1. Smart Camera 14.30.2. Embedded System 14.30.3. Frame Grabber 14.30.4. Lighting 14.30.5. Lenses 14.31. Rest of Asia Pacific Machine Vision System Market Forecast, By Application 14.31.1. Positioning 14.31.2. Identification 14.31.3. Verification 14.31.4. Measurement 14.32. Rest of Asia Pacific Machine Vision System Market Forecast, By Type 14.32.1. 1D Measurement 14.32.2. 2D Measurement 14.32.3. 3D Measurement 14.33. Rest of Asia Pacific Machine Vision System Market Forecast, By Industry Vertical 14.33.1. Industrial 14.33.2. Healthcare 14.33.3. Electronics 14.33.4. Automotive 14.33.5. Others 14.34. Asia Pacific Machine Vision System Market Attractiveness Analysis 14.34.1. By Component 14.34.2. By Application 14.34.3. By Type 14.34.4. By Industry Vertical 14.35. PEST Analysis 14.36. Key Trends 14.37. Key Developments 15. Middle East & Africa Machine Vision System Market Analysis 15.1. Key Findings 15.2. Middle East & Africa Machine Vision System Market Overview 15.3. Middle East & Africa Machine Vision System Market Value Share Analysis, By Component 15.4. Middle East & Africa Machine Vision System Market Forecast, By Component 15.4.1. Smart Camera 15.4.2. Embedded System 15.4.3. Frame Grabber 15.4.4. Lighting 15.4.5. Lenses 15.5. Middle East & Africa Machine Vision System Market Value Share Analysis, By Application 15.6. Middle East & Africa Machine Vision System Market Forecast, By Application 15.6.1. Positioning 15.6.2. Identification 15.6.3. Verification 15.6.4. Measurement 15.7. Middle East & Africa Machine Vision System Market Value Share Analysis, By Type 15.8. Middle East & Africa Machine Vision System Market Forecast, By Type 15.8.1. 1D Measurement 15.8.2. 2D Measurement 15.8.3. 3D Measurement 15.9. Middle East & Africa Machine Vision System Market Value Share Analysis, By Industry Vertical 15.10. Middle East & Africa Machine Vision System Market Forecast, By Industry Vertical 15.10.1. Industrial 15.10.2. Healthcare 15.10.3. Electronics 15.10.4. Automotive 15.10.5. Others 15.11. Middle East & Africa Machine Vision System Market Value Share Analysis, by Country 15.12. Middle East & Africa Machine Vision System Market Forecast, by Country 15.12.1. GCC 15.12.2. South Africa 15.12.3. Rest of Middle East & Africa 15.13. Middle East & Africa Machine Vision System Market Analysis, by Country 15.14. GCC Machine Vision System Market Forecast, By Component 15.14.1. Smart Camera 15.14.2. Embedded System 15.14.3. Frame Grabber 15.14.4. Lighting 15.14.5. Lenses 15.15. GCC Machine Vision System Market Forecast, By Application 15.15.1. Positioning 15.15.2. Identification 15.15.3. Verification 15.15.4. Measurement 15.16. GCC Machine Vision System Market Forecast, By Type 15.16.1. 1D Measurement 15.16.2. 2D Measurement 15.16.3. 3D Measurement 15.17. GCC Machine Vision System Market Forecast, By Industry Vertical 15.17.1. Industrial 15.17.2. Healthcare 15.17.3. Electronics 15.17.4. Automotive 15.17.5. Others 15.18. South Africa Machine Vision System Market Forecast, By Component 15.18.1. Smart Camera 15.18.2. Embedded System 15.18.3. Frame Grabber 15.18.4. Lighting 15.18.5. Lenses 15.19. South Africa Machine Vision System Market Forecast, By Application 15.19.1. Positioning 15.19.2. Identification 15.19.3. Verification 15.19.4. Measurement 15.20. South Africa Machine Vision System Market Forecast, By Type 15.20.1. 1D Measurement 15.20.2. 2D Measurement 15.20.3. 3D Measurement 15.21. South Africa Machine Vision System Market Forecast, By Industry Vertical 15.21.1. Industrial 15.21.2. Healthcare 15.21.3. Electronics 15.21.4. Automotive 15.21.5. Others 15.22. Rest of Middle East & Africa Machine Vision System Market Forecast, By Component 15.22.1. Smart Camera 15.22.2. Embedded System 15.22.3. Frame Grabber 15.22.4. Lighting 15.22.5. Lenses 15.23. Rest of Middle East & Africa Machine Vision System Market Forecast, By Application 15.23.1. Positioning 15.23.2. Identification 15.23.3. Verification 15.23.4. Measurement 15.24. Rest of Middle East & Africa Machine Vision System Market Forecast, By Type 15.24.1. 1D Measurement 15.24.2. 2D Measurement 15.24.3. 3D Measurement 15.25. Rest of Middle East & Africa Machine Vision System Market Forecast, By Industry Vertical 15.25.1. Industrial 15.25.2. Healthcare 15.25.3. Electronics 15.25.4. Automotive 15.25.5. Others 15.26. Middle East & Africa Machine Vision System Market Attractiveness Analysis 15.26.1. By Component 15.26.2. By Application 15.26.3. By Type 15.26.4. By Industry Vertical 15.27. PEST Analysis 15.28. Key Trends 15.29. Key Developments 16. South America Machine Vision System Market Analysis 16.1. Key Findings 16.2. South America Machine Vision System Market Overview 16.3. South America Machine Vision System Market Value Share Analysis, By Component 16.4. South America Machine Vision System Market Forecast, By Component 16.4.1. Smart Camera 16.4.2. Embedded System 16.4.3. Frame Grabber 16.4.4. Lighting 16.4.5. Lenses 16.5. South America Machine Vision System Market Value Share Analysis, By Application 16.6. South America Machine Vision System Market Forecast, By Application 16.6.1. Positioning 16.6.2. Identification 16.6.3. Verification 16.6.4. Measurement 16.7. South America Machine Vision System Market Value Share Analysis, By Type 16.8. South America Machine Vision System Market Forecast, By Type 16.8.1. 1D Measurement 16.8.2. 2D Measurement 16.8.3. 3D Measurement 16.9. South America Machine Vision System Market Value Share Analysis, By Industry Vertical 16.10. South America Machine Vision System Market Forecast, By Industry Vertical 16.10.1. Industrial 16.10.2. Healthcare 16.10.3. Electronics 16.10.4. Automotive 16.10.5. Others 16.11. South America Machine Vision System Market Value Share Analysis, by Country 16.12. South America Machine Vision System Market Forecast, by Country 16.12.1. Brazil 16.12.2. Mexico 16.12.3. Rest of South America 16.13. South America Machine Vision System Market Analysis, by Country 16.14. Brazil Machine Vision System Market Forecast, By Component 16.14.1. Smart Camera 16.14.2. Embedded System 16.14.3. Frame Grabber 16.14.4. Lighting 16.14.5. Lenses 16.15. Brazil Machine Vision System Market Forecast, By Application 16.15.1. Positioning 16.15.2. Identification 16.15.3. Verification 16.15.4. Measurement 16.16. Brazil Machine Vision System Market Forecast, By Type 16.16.1. 1D Measurement 16.16.2. 2D Measurement 16.16.3. 3D Measurement 16.17. Brazil Machine Vision System Market Forecast, By Industry Vertical 16.17.1. Industrial 16.17.2. Healthcare 16.17.3. Electronics 16.17.4. Automotive 16.17.5. Others 16.18. Mexico Machine Vision System Market Forecast, By Component 16.18.1. Smart Camera 16.18.2. Embedded System 16.18.3. Frame Grabber 16.18.4. Lighting 16.18.5. Lenses 16.19. Mexico Machine Vision System Market Forecast, By Application 16.19.1. Positioning 16.19.2. Identification 16.19.3. Verification 16.19.4. Measurement 16.20. Mexico Machine Vision System Market Forecast, By Type 16.20.1. 1D Measurement 16.20.2. 2D Measurement 16.20.3. 3D Measurement 16.21. Mexico Machine Vision System Market Forecast, By Industry Vertical 16.21.1. Industrial 16.21.2. Healthcare 16.21.3. Electronics 16.21.4. Automotive 16.21.5. Others 16.22. Rest of South America Machine Vision System Market Forecast, By Component 16.22.1. Smart Camera 16.22.2. Embedded System 16.22.3. Frame Grabber 16.22.4. Lighting 16.22.5. Lenses 16.23. Rest of South America Machine Vision System Market Forecast, By Application 16.23.1. Positioning 16.23.2. Identification 16.23.3. Verification 16.23.4. Measurement 16.24. Rest of South America Machine Vision System Market Forecast, By Type 16.24.1. 1D Measurement 16.24.2. 2D Measurement 16.24.3. 3D Measurement 16.25. Rest of South America Machine Vision System Market Forecast, By Industry Vertical 16.25.1. Industrial 16.25.2. Healthcare 16.25.3. Electronics 16.25.4. Automotive 16.25.5. Others 16.26. South America Machine Vision System Market Attractiveness Analysis 16.26.1. By Component 16.26.2. By Application 16.26.3. By Type 16.26.4. By Industry Vertical 16.27. PEST Analysis 16.28. Key Trends 16.29. Key Developments 17. Company Profiles 17.1. Market Share Analysis, by Company 17.2. Competition Matrix 17.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 17.2.2. New Product Launches and Product Enhancements 17.2.3. Market Consolidation 17.2.3.1. M&A by Regions, Investment and Applications 17.2.3.2. M&A Key Players, Forward Integration and Backward Integration 17.3. Company Profiles: Key Players 17.3.1. National Instruments Corporation 17.3.1.1. Company Overview 17.3.1.2. Financial Overview 17.3.1.3. Product Portfolio 17.3.1.4. Business Strategy 17.3.1.5. Recent Developments 17.3.1.6. Development Footprint 17.3.2. Cognex Corporation 17.3.3. Teledyne Technologies, Inc. 17.3.4. Keyence Corporation 17.3.5. Texas Instruments, Inc. 17.3.6. Basler AG 17.3.7. Baumer Optronic GmbH 17.3.8. Sick AG 17.3.9. Omron Corporation 17.3.10. Allied Vision Technologies GmbH 17.3.11. Intel Corporation, 17.3.12. Jai A/S, 17.3.13. Canon Inc. 17.3.14. Datalogic S.p.A. 17.3.15. Microscan Systems, Inc. 17.3.16. Adept Technology 17.3.17. IDS Imaging Development Systems GmbH 17.3.18. Machine Vision Technology 17.3.19. Sony Corporation 17.3.20. ISRA Vision 17.3.21. FLIR Systems 18. Primary Key Insights