3D
machine vision market is expected to be valued at USD 2.13 Billion by 2022,
growing at a CAGR of 11.07% between 2017 and 2022. The growth of this market is
mainly driven by factors such as increasing demand for 3D object analyses in manufacturing
applications and rising demand for non–industrial 3D machine vision systems.
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Cameras to lead the 3D machine vision market
for the hardware segment between 2017 and 2022
Cameras are expected to hold the largest size
of the 3D machine vision market for hardware by 2022, and the market for
cameras is likely to grow at a high rate during the forecast period. Cameras in
machine vision systems play an important role in capturing 3D images. The high
demand for high-quality images, image processing, and compactness would lead
cameras to hold the largest size of the 3D machine vision market during the
forecast period.
Market for positioning and guidance
applications to grow at a significant rate between 2017 and 2022
The market for positioning and guidance
applications is expected to grow at a significant rate between 2017 and 2022,
owing to the increasing use of robotics in the automotive, pharmacy, food and
beverages, and other sectors.
APAC held the largest market share in 2016,
and the market in this region to grow at a high rate during the forecast period
APAC held the largest share of the 3D machine
vision market in 2016, and the market in this region is expected to grow at a
high rate between 2017 and 2022. The increasing adoption of automation across
all industries, especially in consumer electronics and automotive, is the major
reason for the growth of the 3D machine vision market in APAC. Also, the
presence of major manufacturing hubs such as China, Japan, India, and South Korea
is contributing to the growth of the 3D machine vision market in this region.
In addition, the Japan Industrial Imaging Associations’ (JIIA) efforts in
developing and promoting 3D imaging technologies in APAC are further boosting
the growth of the 3D machine vision market in the region.
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The key players operating in the 3D machine
vision market include Cognex Corporation (U.S.), Keyence Corporation (Japan),
ISRA Vision AG (Germany), Sick AG (Germany), Basler AG (Germany), Stemmer
Imaging (Germany), National Instruments (U.S.), MVTec Software GmbH(Germany),
Tordivel AS (Norway), and LMI Technologies (Canada).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Shelly SinghMarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Shelly SinghMarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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