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Global Machine Vision Camera Market Expected to Grow with a CAGR of Over 12% During the Forecast Period, 2020-2024 - ResearchAndMarkets.com

The "Machine Vision Camera Market by End-users, Product, and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Global Machine Vision Camera Market: About this market

The machine vision camera market analysis considers sales from both industrial and non-industrial end-users. Our study also finds the sales of machine vision camera in APAC, Europe, MEA, North America, and South America. In 2019, the industrial segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as inspections and guiding robotic operations will play a significant role in the industrial segment to maintain its market position. Also, our global machine vision camera market report looks at factors such as demand in non-industrial sectors, adoption of machine vision systems for medical and life science research, and increased demand for vision-guided industrial robots in APAC. However, high cost of implementation, technical issues in deploying machine vision cameras, and low frequency of repurchase may hamper the growth of the machine vision camera industry over the forecast period.

Global Machine Vision Camera Market: Overview

Increased demand from non-industrial sectors.

The demand for machine vision cameras is increasing in various non-industrial sectors, such as defense surveillance systems, forensic, robotic surgery, intelligent traffic systems, border security, and health monitoring, as these cameras provide quality inspection images that help reduce process errors such as improper filling, defective product in the production line, and packaging errors. Machine vision cameras are used to monitor processes such as fruit picking and removing vegetable roots from the farmland. Fruits and vegetables are then inspected for quality during the quality control stage using machine vision systems. The installation of machine vision systems in supermarkets and hypermarkets helps in identifying offenders. This demand from non-industrial sectors will lead to the expansion of the global machine vision camera market at a CAGR of over 12% during the forecast period.

Technical advances

Vendors readily adopt technological advances in machine vision cameras to cater to the growing demand of consumers for products with features such as miniaturization of cameras and processors, embedded technologies, and application-specific vision cameras. Further, deep learning, artificial intelligence and cognitive systems are also being applied to machine vision systems. This development is expected to have a positive impact on the overall market growth.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market outlook
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Line scan - Market size and forecast 2019-2024
  • Area scan - Market size and forecast 2019-2024
  • 3D - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Industrial - Market size and forecast 2019-2024
  • Non-industrial - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increasing number of strategic alliances
  • Advent of integrated Industry 4.0 and Quality 4.0 with IoT
  • Technical advances

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Basler AG
  • Baumer Holding AG
  • Cognex Corp.
  • FLIR Systems Inc.
  • Hitachi Ltd.
  • National Instruments Corp.
  • OMRON Corp.
  • Sony Corp.
  • Teledyne Technologies Inc.
  • TKH Group NV

For more information about this report visit https://www.researchandmarkets.com/r/sz6lva

View source version on businesswire.com: https://www.businesswire.com/news/home/20200116005495/en/

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