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Machine Vision Market Share

Report ID: GMI6342
Published Date: Jul 2023
Report Format: PDF

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Machine Vision Market Share

Major companies operating in the machine vision market include

Allied Vision Technologies GmbH
Basler AG
Baumer Group
Cognex Corporation
FLIR Systems, Inc.
IDS Imaging Development Systems GmbH
Intel Corporation
ISRA VISION AG
Keyence Corporation
Matrox Electronic Systems Ltd.
National Instruments Corporation
Omron Corporation
Sick AG
Sony Corporation
Teledyne Technologies Incorporated

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of machine vision reached USD 3.9 billion in 2022 and is set to witness 18% CAGR from 2023 to 2032, due to the emergence of Industry 4.0 and rising implementation of smart factory initiatives.

The hardware component segment is expected to record 17% CAGR through 2032, driven by the increasing advancements in sensor technologies.

The embedded technology segment recorded USD 980 million in 2022, attributed to rising need for automation and efficiency in several industries.

Allied Vision Technologies GmbH, Basler AG, Baumer Group, Cognex Corporation, FLIR Systems, Inc., IDS Imaging Development Systems GmbH, Intel Corporation, ISRA VISION AG, Keyence Corporation, and Matrox Electronic Systems Ltd. are some of the key machine vision companies.