Machine Vision Systems

The Machine Vision Systems Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

The machine vision (MV) market has witnessed burgeoning demand with a growing number of applications in automotive, electronics & electrical, semiconductor, food & beverage, robotics, medical, and other manufacturing industries. Machine vision technology helps computers recognize objects with greater accuracy and reliability and has replaced quality inspection performed by humans. Manufacturers employ machine vision to improve the traceability of their products for enhanced consistency, productivity, and overall quality.  The desire for quality may manifest itself in the form of the preferences of consumers who demand goods without defects or errors.  Likewise, OEMs expect zero defects from Tier 1 suppliers.  Industries where product defects could result in injury or death have regulatory requirements necessitating the use of vision.

Integration of Machine Learning with Machine Vision Bolsters Smart Factory Infrastructure 

Machine vision is a key technology in the area of manufacturing and quality control and will be essential for building Industry 4.0's smart factories.  The technology's ability to inspect, measure, scan, and detect objects has resulted in accelerated production processes, intelligent locomotion of robots, and enhanced automation.  Integration of machine learning with MV has revolutionized the role of MV in industrial automation and smart manufacturing.  The integration has enabled MV systems to adapt autonomously to manufacturing variations.  This has radically improved the value proposition for MV by improving operational efficiencies, accelerating inspection processes, and increasing production optimization.

Machine vision is an essential element for smart factory infrastructure due to its characteristics such as efficient communicating network and the intelligent exchange of information among sensors, devices, and machines.  MV systems becoming more efficient and robust will enhance inspection processes and robot productivity.  The demand for robotics has diversified across a broader range of industries. Robotic solutions address the seemingly insatiable demand in manufacturing today to increase flexibility, improve productivity, and employ human operators only in tasks where they can add the most value. 

Machine Vision Strategic Issues

Machine Vision Market TrendsIn addition to providing a five-year market forecast, the MV Systems market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Users: Ease of use

Ease-of-use continues to plague the machine vision market.  Still a highly technical market, MV products are endowed with highly sophisticated image processing algorithms and robust frame rates but remain complicated for the uneducated user.   

Strategic Issue for Machine Vision Suppliers: Tariff and Trade Tensions Put a Drag on the MV Market

The trade conflict between the US and China have led to shifts in supply chains and insecurity in markets all over the world.  The trade tariffs imposed by the US on certain components imported from Chinese suppliers have resulted in higher costs of MV products.  It has also impacted the economic climate in China, which in turn will impact supplier revenue from customers based in China.

Strategic Issue for All Market Participants: Economic Decline Due to COVID-19 

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for MV systems, the market projections do take into account industry trends with our best estimates for how COVID-19 will impact the MV market in different industries.  

Machine Vision Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Proflies No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Hardware, Software, and Services
  • Market Shares by Hardware Type
    • Vision Sensors
    • Smart Cameras
    • Vision Systems
    • Peripheral Components
  • Market Shares by Application
    • Guidance or Location
    • Surface and Other Inspection
    • Gauging or Measurement
    • Identification/OCR/OCV
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Household & Personal Care
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Market Shares by Machinery Segment
  • Market Shares by Communication Protocol
  • Market Shares by Dimension
  • Market Shares by Customer Type
  • Market Shares by Sales Channel
     

Market Forecasts and Histories

  • Total Shipments of Machine Vision Solutions
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Hardware, Software, and Services
  • Shipments by Hardware Type
    • Vision Sensors
    • Smart Cameras
    • Machine Vision Systems
    • Peripheral Components
  • Shipments by Application
    • Guidance or Location
    • Surface and Other Inspection
    • Gauging or Measurement
    • Identification/OCR/OCV
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Household & Personal Care
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Shipments by Machinery Segment
  • Shipments by Communication Protocol
  • Shipments by Dimension
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast & History Analysis

  • Market Forecast and History by Country
  • Market Forecast and History by Industry

Industry Participants

List of countries included in each region: MIRA-Country

Country Research Focus Areas

Please contact us for the countries available for this study.