Global Industrial Machine Vision Lenses Market Size study & Forecast, by Type (C-Mount, CS-Mount, F-Mount, S-Mount, Others), by Camera (Line Scan Camera, Area Scan Camera), by Application (Measurement, Identification), by End Use (Automotive, Electronics

Global Industrial Machine Vision Lenses Market Size study & Forecast, by Type (C-Mount, CS-Mount, F-Mount, S-Mount, Others), by Camera (Line Scan Camera, Area Scan Camera), by Application (Measurement, Identification), by End Use (Automotive, Electronics and Semiconductor, Pharmaceutical and Chemical, Logistics, Agriculture, Food industries, Others) and Regional Analysis, 2023-2030

Global Industrial Machine Vision Lenses Market is valued at approximately USD 7.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.4% over the forecast period 2023-2030. Industrial lenses are vital components in machine vision systems, impacting algorithm implementation and image effects. They facilitate tasks such as scratch detection, glue dispensing, precise measurement, and defect identification in various materials. These lenses ensure accurate inspection, improving quality control in industrial processes. The Industrial Machine Vision Lenses Market is being driven by factors such as rising industrial automation and the growing need for artificial intelligence in industries.

As companies increasingly adopt automation technologies to enhance productivity, improve product quality, and reduce costs, the demand for industrial machine vision lenses has been growing. Industries such as automotive, electronics, pharmaceuticals, packaging, and logistics rely on machine vision systems to perform tasks like product inspection, component alignment, barcode reading, and assembly verification. According to our world in data Annual global corporate investment in artificial Intelligence in 2020 was 125.15 billion and in 2021 was 176.47 billion. along with this, the same report states that the annual investment in industrial automation in 2020 was 3.79 billion and in 2021 was 5.85 billion. Thus, rising investment in AI and industrial automation is fueling the growth of the market. In addition, growing industrialization and increasing demand for quality control in industries create lucrative opportunities for the market. However, the high cost of Industrial Machine Vision Lenses hinders the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Industrial Machine Vision Lenses Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the growing industrialization and growing automation in industries in the region. Asia Pacific is also considered the fastest growing region during the forecasted period due to the increasing acceptance of robotics in industries and also increasing use of AI, ML, and Big data in industries.

Major market player included in this report are:
Intel Corporation
Isra Vision AG
Cognex Corporation
Sony Corporation
Teledyne Technologies Inc
OMRON Corporation
National Instruments Corporation
AlphaTechsys Automation LLP
KEYENCE CORPORATION
Kenko Tokina Co, Ltd

Recent Developments in the Market:
 In June 2020, OMRON Corporation introduced the FH Series Vision system to meet the increasing need for labor-saving automated visual inspection. This advanced system is equipped with AI technology, enabling efficient and accurate visual inspection processes. By leveraging artificial intelligence, the FH Series Vision system addresses the demand for automation and streamlines inspection tasks, reducing the reliance on manual labor.

Global Industrial Machine Vision Lenses Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Camera, Application, End Use, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
C-Mount
CS-Mount
F-Mount
S-Mount
Others

By Camera:
Line Scan Camera
Area Scan Camera

By Application:
Measurement
Identification

By End Use:
Automotive
Electronics and Semiconductor
Pharmaceutical and Chemical
Logistics
Agriculture
Food industries
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Intel Corporation
Isra Vision AG
Cognex Corporation
Sony Corporation
Teledyne Technologies Inc
OMRON Corporation
National Instruments Corporation
AlphaTechsys Automation LLP
KEYENCE CORPORATION
Kenko Tokina Co, Ltd

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.