Vision Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

Vision Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030


Vision Sensor Trends and Forecast

The future of the global vision sensor market looks promising with opportunities in the automotive, electronics & semiconductor, consumer electronic, pharmaceutical, and food & packaging markets. The global vision sensor market is expected to reach an estimated $6.3 billion by 2030 with a CAGR of 10.6% from 2024 to 2030. The major drivers for this market are growing application of machine vision technology in the automotive industry and traffic safety, manufacturing businesses' increased emphasis on speed and cost savings, and electronics and electrical industry expansion.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Vision Sensor by Segment

The study includes a forecast for the global vision sensor by type, application, end use, and region.

Vision Sensor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
  • Less Than 3D Sensors
  • 3D Sensors
Vision Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
  • Inspection
  • Gauging
  • Code Reading
  • Localization
Vision Sensor Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
  • Automotive
  • Electronics & Semiconductor
  • Consumer Electronics
  • Pharmaceuticals
  • Food & Packaging
  • Others
Vision Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Vision Sensor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vision sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vision sensor companies profiled in this report include-
  • Cognex
  • Teledyne
  • Keyence
  • Sick
  • Baumer
  • Omron Datalogic
  • Ifm Electronics
  • Leuze Electronic
  • Pepperl+Fuchs
  • Hans Turck
Vision Sensor Market Insights

Lucintel forecasts that inspection will remain the largest segment over the forecast period because the vision sensors are capable of identifying and classifying manufacturing flaws, and by capturing high-resolution images or 3D data, they analyze an object's surface or dimensional features and compare them to established criteria of quality.

APAC is expected to witness highest growth over the forecast period due to growing number of smart factories, automation in the industry, and expansion of the electronics and automotive sectors in the region.

Features of the Global Vision Sensor Market

Market Size Estimates: Vision sensor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Vision sensor market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Vision sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the vision sensor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vision sensor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the vision sensor market size?

Answer: The global vision sensor market is expected to reach an estimated $6.3 billion by 2030.

Q2. What is the growth forecast for vision sensor market?

Answer: The global vision sensor market is expected to grow with a CAGR of 10.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the vision sensor market?

Answer: The major drivers for this market are growing application of machine vision technology in the automotive industry and traffic safety, manufacturing businesses' increased emphasis on speed and cost savings, and electronics and electrical industry expansion.

Q4. What are the major segments for vision sensor market?

Answer: The future of the global vision sensor market looks promising with opportunities in the automotive, electronics & semiconductor, consumer electronic, pharmaceutical, and food & packaging markets.

Q5. Who are the key vision sensor market companies?

Answer: Some of the key vision sensor companies are as follows:
  • Cognex
  • Teledyne
  • Keyence
  • Sick
  • Baumer
  • Omron Datalogic
  • Ifm Electronics
  • Leuze Electronic
  • Pepperl+Fuchs
  • Hans Turck
Q6. Which vision sensor market segment will be the largest in future?

Answer: Lucintel forecasts that inspection will remain the largest segment over the forecast period because the vision sensors are capable of identifying and classifying manufacturing flaws, and by capturing high-resolution images or 3D data, they analyze an object's surface or dimensional features and compare them to established criteria of quality.

Q7. In vision sensor market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing number of smart factories, automation in the industry, and expansion of the electronics and automotive sectors in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the vision sensor market by type (less than 3d sensors and 3d sensors), application (inspection, gauging, code reading, and localization), end use (automotive, electronics & semiconductor, consumer electronics, pharmaceuticals, food & packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Please note: It will take 3 business days to deliver the report upon receipt the order.


1. Executive Summary
2. Global Vision Sensor Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Vision Sensor Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Vision Sensor Market by Type
3.3.1: Less than 3D sensors
3.3.2: 3D sensors
3.4: Global Vision Sensor Market by Application
3.4.1: Inspection
3.4.2: Gauging
3.4.3: Code reading
3.4.4: Localization
3.5: Global Vision Sensor Market by End Use
3.5.1: Automotive
3.5.2: Electronics & semiconductor
3.5.3: Consumer electronics
3.5.4: Pharmaceuticals
3.5.5: Food & packaging
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Vision Sensor Market by Region
4.2: North American Vision Sensor Market
4.2.1: North American Vision Sensor Market by Application: Inspection, Gauging, Code reading, and Localization
4.2.2: North American Vision Sensor Market by End Use: Automotive, Electronics & semiconductor, Consumer electronics, Pharmaceuticals, Food & packaging, and Others
4.3: European Vision Sensor Market
4.3.1: European Vision Sensor Market by Application: Inspection, Gauging, Code reading, and Localization
4.3.2: European Vision Sensor Market by End Use: Automotive, Electronics & semiconductor, Consumer electronics, Pharmaceuticals, Food & packaging, and Others
4.4: APAC Vision Sensor Market
4.4.1: APAC Vision Sensor Market by Application: Inspection, Gauging, Code reading, and Localization
4.4.2: APAC Vision Sensor Market by End Use: Automotive, Electronics & semiconductor, Consumer electronics, Pharmaceuticals, Food & packaging, and Others
4.5: ROW Vision Sensor Market
4.5.1: ROW Vision Sensor Market by Application: Inspection, Gauging, Code reading, and Localization
4.5.2: ROW Vision Sensor Market by End Use: Automotive, Electronics & semiconductor, Consumer electronics, Pharmaceuticals, Food & packaging, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Vision Sensor Market by Type
6.1.2: Growth Opportunities for the Global Vision Sensor Market by Application
6.1.3: Growth Opportunities for the Global Vision Sensor Market by End Use
6.1.4: Growth Opportunities for the Global Vision Sensor Market by Region
6.2: Emerging Trends in the Global Vision Sensor Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Vision Sensor Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vision Sensor Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cognex
7.2: Teledyne
7.3: Keyence
7.4: Sick
7.5: Baumer
7.6: Omron Datalogic
7.7: Ifm Electronics
7.8: Leuze Electronic
7.9: Pepperl+Fuchs
7.10: Hans Turck

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings