The global machine vision system market is projected to reach $15.36 billion by 2028, expanding at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028. This growth is driven by various macroeconomic and microeconomic factors, including the rising demand for quality inspection and increased automation in manufacturing processes.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (1D Vision, 2D Vision, 3D Vision)
By Product (PC-Based Machine Vision System, Vision Controllers, Standalone Vision System, Vision Sensors & Image-Based bar code readers, Others)
By Application (Identification, Inspection, Gauging, Positioning, Others)
By End Use (Automotive, Healthcare, Manufacturing, Industrial, Others)
Key players
Baumer Ltd.
Cgnex Corporation
Canon Inc.
FLIR System
Intel Corporation
Keyence Corporation
National Instrument Corporation
Omron Corporation
Texas Instrument
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