Global Machine Vision Market Growth (Status and Outlook) 2023-2029

Global Machine Vision Market Growth (Status and Outlook) 2023-2029

Machine vision is measuring and judging by replacing human eyes with machines.

LPI (LP Information)' newest research report, the “Machine Vision Industry Forecast” looks at past sales and reviews total world Machine Vision sales in 2022, providing a comprehensive analysis by region and market sector of projected Machine Vision sales for 2023 through 2029. With Machine Vision sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Machine Vision industry.

This Insight Report provides a comprehensive analysis of the global Machine Vision 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 Machine Vision portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Machine Vision market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Machine Vision 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 Machine Vision.

The global Machine Vision market size is projected to grow from US$ 8192.6 million in 2022 to US$ 10890 million in 2029; it is expected to grow at a CAGR of 4.1% from 2023 to 2029.

APAC is expected to be the fastest-growing market.APAC is expected to be the fastest-growing market.

This report presents a comprehensive overview, market shares, and growth opportunities of Machine Vision market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware (Camera, Frame Grabber, Optics, Processor)
Software (Deep Learning and Application Specific)

Segmentation by application
Semiconductor Industry
Food Industry
Logistics
Agricultural
Other

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
Basler
Omron
National Instruments
Keyence
Sony
Teledyne Technologies
Texas Instruments
Allied Vision Technologies
Intel
Baumer Optronic

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