The Industrial Machine Vision Camera Global Market Report 2023, provides comprehensive information on the industrial machine vision camera market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Industrial Machine Vision Camera Market’s Growth:
As per The Business Research Company’s Industrial Machine Vision Camera Global Market Report 2023, the global industrial machine vision camera market size is expected to grow from $2.30 billion in 2022 to $2.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial machine vision camera market size is expected to reach $3.31 billion in 2027 at a CAGR of 7.6%.
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Technological advancements are a key trend gaining popularity in the industrial machine vision camera market. Companies operating in the industrial machine vision camera market are adopting new technologies to sustain their position in the market. For instance, in July 2022, Nikon Corporation, a Japan-based consumer and professional digital camera manufacturer launched ‘LuFact’ a new ultra-compact machine vision camera. The LuFact camera is designed in such a way that it has a separate camera head that captures interface conversion units and process images. It is uniquely designed with image processing technology and it can reduce heating in the existing machinery as well as the production line by installing the camera head and I/F conversion unit separately.
The industrial machine vision camera market is segmented:
1) By Product Type: Line Scan Camera, Area Scan Camera
2) By Component: Hardware, Software
3) By Applications: Manufacturing, Medical And Life Sciences, Security And Surveillance, Intelligent Transportation System, Other Applications
North America was the largest region in the industrial machine vision camera market in 2022.
The table of contents in TBRC’s industrial machine vision camera market report includes:
1. Executive Summary
2. Industrial Machine Vision Camera Market Characteristics
3. Industrial Machine Vision Camera Market Trends And Strategies
4. Industrial Machine Vision Camera Market – Macro Economic Scenario
5. Industrial Machine Vision Camera Market Size And Growth
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26. Africa Industrial Machine Vision Camera Market
27. Industrial Machine Vision Camera Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Machine Vision Camera Market
29. Industrial Machine Vision Camera Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Teledyne Technologies Incorporated
- Cognex Corporation
- TKH Group
- Basler AG
- IDS Imaging Development Systems GmbH
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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