2D and 3D Machine Vision Systems Market Global Analysis (2020 – 2030) – Insights by Component, Technology, System Type, Application, and Industry Vertical
The Global 2D and 3D Machine Vision Systems Market is estimated to grow at a CAGR of 9.1% during the forecast period 2020-2030. As per the market analysis, the Global 2D and 3D Machine Vision Systems Market is estimated to reach $37.32 billion by the end of the year 2030. The market is analysed considering the impact of COVID-19.
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The overall outlook of the global market is forecast in balanced manner by considering the impact of COVID-19. The market projection is used to study the global 2D and 3D machine vision systems market on the basis of various market segments and geographical locations.
2D and 3D machine vision systems include the trait of computer to inspect and observe the work performance by using one or more video cameras, analog to digital conversion and digital signal processing. Resolution and sensitivity are two key aspects of any machine vision system. Resolution can differentiate between objects whereas sensitivity is the machine’s ability to detect objects.
The Global 2D and 3D Machine Vision Systems Market is driven by various growth factors that include increasing demand for quality control by manufacturers and consumers, strict government regulations and growth in requirement for superior inspection. Also, growth in demand for automation is boosting the adoption of 2D and 3D machine vision technology. However, lack of efficient system can hinder the market growth for the forecast period.
Segmentation Overview of the Global 2D and 3D Machine Vision Systems Market
The Global 2D and 3D Machine Vision Systems Market is segmented on the basis of various segments that include Component, Technology, System Type, Application and Industry Vertical as the major category of the market. These market segments are further categorized into various sub-segments to study the market in detail.
The Component Segment of the Global 2D and 3D Machine Vision Systems Market is Sub-Segmented into:
- Lighting System
- Optical System/Cameras and Lens
- Vision Processing System
- Frame Grabber
- Communication System
- Deep Learning
The Technology Segment of the Global 2D and 3D Machine Vision Systems Market is Sub-Segmented into:
- 2D Machine Vision
- 3D Machine Vision
The System Type Segment of the Global 2D and 3D Machine Vision Systems Market is Sub-Segmented into:
- PC-based Machine Vision
- Smart Camera-Based Machine Vision
The Application Segment of the Global 2D and 3D Machine Vision Systems Market is Sub-Segmented into:
- Robotic Guidance and Automation
- Quality Assurance & Inspection
- Positioning & Guidance
- Security & Surveillance
- Intelligent Transportation Systems (ITS)
- Other Applications
The Industry Vertical Segment of the Global 2D and 3D Machine Vision Systems Market is Sub-Segmented into:
- Consumer Electronics
- Food and Beverage
- Electronics and Semiconductor
- Medical and Pharmaceuticals
- Other Verticals
Geographical Overview of the Global 2D and 3D Machine Vision Systems Market
Geographically, the global 2D and 3D machine vision systems market is studied across Asia Pacific, Europe, North America, South America and Rest of the World. These regions are further categorized to study the market in detail. As per the analysis, the European market is estimated to grow positively and can lead the global market over the forecast period. The regional growth is attributed to assortment of various small and medium-sized companies. Furthermore, presence of various research institutes such as AIDO and CVC of Spain, TNO universities and Wageningen University of Netherlands, Fraunhofer Institutes of Germany and IMEC of Belgium among others also contributed towards the regional market growth.
Key Players Insights
XIMEA GmbH, Tordivel AS, Stemmer Imaging, Sick AG, Omron Corporation, National Instruments , MVTec Software GmbH, LMI Technologies, Keyence Corporation, ISRA Vision AG, IDS Imaging Development Systems Gmbh, Epic Systems Inc., Datalogic S.p.A, Cognex Corporation, Canon USA Inc., Baumer Optronic GmbH, Basler AG, Amazon Web Services Inc., Allied Vision Technologies GmbH, Aicon 3D Systems, Adimec Advanced Image Systems B.V., Active Silicon Ltd. and A&B Software are some major players included in the research study of the global 2D and 3D Machine Vision Systems Market.
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