Global Image Processing Components Market Growth 2024-2030

Global Image Processing Components Market Growth 2024-2030

An Image Processing Component is a device that processes images taken by a camera or other device to measure and analyze the characteristics of an object based on the images.Such image processing is performed on a computer, and the results of the analysis can be reflected in other equipment

The global Image Processing Components market size is projected to grow from US$ 403 million in 2023 to US$ 602.5 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Image Processing Components Industry Forecast” looks at past sales and reviews total world Image Processing Components sales in 2023, providing a comprehensive analysis by region and market sector of projected Image Processing Components sales for 2024 through 2030. With Image Processing Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Image Processing Components industry.

This Insight Report provides a comprehensive analysis of the global Image Processing Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Image Processing Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Image Processing Components market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Image Processing Components and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Image Processing Components.

Throughout the history of manufacturing, there has been a need for systems that can be automated without human intervention, and this has developed in the field of factory automation (FA) (automation of production processes). In recent years, with the huge advancements in image processing technology, the role of these systems has become increasingly important, not only in replacing workers with machines, but also in production control systems to improve productivity and quality and reduce costs. Image processing systems that combine cameras and sensors with image processing equipment play a central role in this process. Due to the global labor shortage and the growing demand for food and other product safety, inspection systems that combine labor-saving systems with image processing systems are becoming increasingly important in automotive, food, pharmaceutical and cosmetics-related fields. In addition, further improvements in image processing and sensor technology have expanded the scope of inspection capabilities, and the visual inspection business combining image processing systems and deep learning is booming. One of the areas of focus for the future is utilizing smartphone image sensors. By adding accessories and apps, smartphones can easily be used as image processing devices to read barcodes and check text. Since they can be easily integrated with e-commerce, they have expanded not only into manufacturing but also into logistics and retail.

This report presents a comprehensive overview, market shares, and growth opportunities of Image Processing Components market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Lighting
Lens
Image Sensor
Image Processing Unit
Others

Segmentation by application
Logistics
Medical
Manufacturing
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cognex Corporation
Pepperl+Fuchs Inc
Broadcom
NXP Semiconductors
Festo Corporation
Omron
Datalogic
Senswork
Mesolt Engineering
Matrox Imaging
Basler AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Image Processing Components market?

What factors are driving Image Processing Components market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Image Processing Components market opportunities vary by end market size?

How does Image Processing Components break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.