3D Machine Vision Market Size - Share, Top Companies Profile, Forecast to 2024

Market Insights

The increasing in demand for better quality imaging across different sectors is expected to underpin the expansion of the global 3D machine vision market, reveals Market Research Future (MRFR). The worldwide 3D machine vision market 2020 is expected to thrive on the ease of availability of modern technologies that can contribute to the upgradation of imaging solutions. MRFR findings reveals that between 2018 and 2024, the global market of 3D machine vision is expected to expand at 13% CAGR. Techniques, such as stereo vision, 3D triangulation, and point clouds involved in 3D machine vision market help in achieving functions, such as automatic sensing, receive and interpret real scene images to gather insights, and control processes. Thus, it is likely to be responsible for the hike in the market value from USD 1300.3 million in 2018 to an estimated value of USD 2626.5 million by 2024.

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Segmental Outline


The worldwide 3D machine vision market segmental study is based on component, product, end-user, and application.

Hardware and software are component segments of the market. The hardware segment comprises camera, control cabinet, communication device, and others. The hardware segment is observed to hold high growth scope for the market, reveals MRFR in its report.

Smart camera and PC are product-based segments of the global 3D machine vision market. The increase in smart camera consumers can propel the global 3D machine vision diagram market during the review period.

Inspection, guidance, gauging, and identification are application-based segments of the market. The growing need for inspections, in case of construction and others, is likely to cause expansion of the market in years to come. In addition, the rise in need to incorporate features, such as guidance, identification, and gauging in robots is another factor that can cause increase in traction.

Automotive, consumer electronics, semiconductor, food and packaging, healthcare, and others are end-user-based segments of the global 3D Machine Vision Market Size. The growing inclination for automation and need to cut-down labor expenses and expatiate work, across different sectors are factors that are likely to impel the global 3D machine vision market growth in the assessment period.

Regional Outlook

The 3D machine vision market in the APAC region is likely to secure the pole position in the global market in the review period. The APAC market is expected to expand at high growth rate due the increased requirement for automation across different sectors. The increase in the adoption of 3D machine vision solution by industries, such as automotive and consumer electronics, is likely to propel the growth of the regional market. Alongside, the expansion of the manufacturing industry in developing economies, such as India, South Korea, China, and Japan is expected to make significant contribution to the expansion of the APAC market in the assessment period. The growing number of data centers in APAC and North America are observed to play crucial role in the expansion of the global 3D machine vision market. At the same time, European developers focusing on launching better products is also likely to improve the health of the global market.

Key Players

Canon Inc. (Japan), OMRON Corporation (Japan), National Instruments (US), Cognex Corporation (US), Robotic Vision Technologies, Inc. (US), Keyence Corporation (Japan), Coherent, Inc. (US), Sony Corporation (Japan), Basler AG (Germany), and Hermary Opto Electronics Inc. (Canada) are companies operating in the global 3D machine vision market identified by the MRFR. New entrants in the market and new product launch lined up by renowned companies, such as Canon Inc., are factors that are expected to surge the global 3D machine vision market. Deals, strategic partnerships, and mergers and acquisitions among key players are also likely to benefit the market in the assessment period.

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