Machine Vision Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Machine Vision Market size is expected to grow at an annual average of 6% during 2021-2027. Machine vision technology complements manual inspection and measurement by replacing human visual sense and judgment with digital cameras and image processing. A variety of industries are integrating this technology to automate production and improve product quality and speed.

The following segmentation are covered in this report:

By Application

• Quality Assurance & Inspection
• Positioning & Guidance
• Measurement
• Identification
• Predictive maintenance

By Product

• PC- based vision system
• Smart Cameras- based vision system

Company Profile

• BAUMER LTD.
• COGNEX CORPORATION
• CANON, INC.
• FLIR SYSTEMS, INC.
• INTEL CORPORATION
• KEYENCE CORPORATION
• NATIONAL INSTRUMENT CORPORATION
• OMRON CORPORATION
• TEXAS INSTRUMENTS
• SICK AG

Scope of the report

The research study analyses the Machine Vision Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Machine Vision Market Report

• What was the Machine Vision Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Machine Vision Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.