Market by Type, Components, Application, Vertical, and Country Outlook | Forecast 2022-2028
As per Triton’s research report, the machine vision market in the Asia-Pacific is estimated to grow with a CAGR of 8.39% over the forecasting period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries analyzed in this region include:
•
India
•
China
•
South Korea
•
Japan
•
ASEAN Countries
•
Australia & New Zealand
•
Rest of Asia-Pacific
The market in this
region is growing rapidly because of the growing need to reduce the total
ownership cost and improve productivity & accuracy. The APAC is expected to
witness high demand from the industrial sector owing to the rise in the outsourcing
of manufacturing activities to this region. Countries like India, China, Japan,
and South Korea are the major revenue contributors to the market in the
Asia-Pacific, where several manufacturers across industries from North America
and Europe are expanding their operations.
China
is embracing smart manufacturing, and is likely to add 100 smart manufacturing
pilot projects. The nation aims to establish its smart manufacturing system and
complete the transformation of its key industries by 2025, in view of its 13th
Five-Year Plan of Smart Manufacturing. Companies in the country are also
embracing Industry 4.0 to enhance productivity. Heavy investments are pouring
in to aid the growth quality, address environmental concerns, and reduce overcapacity.
All these factors are expected to benefit the machine vision market growth in
the coming years.
In
South Korea, higher productivity and accuracy are the elements driving the
change towards automation. Factors like smart manufacturing and FDI, which are vital
for the growth of a country, are expected to promote the growth of the market
here, as companies need to improve the efficiency of processes. The nation is
one of the leading markets in the APAC with respect to the adoption of smart
factory technology. The government is taking initiatives to establish over 10,000
operational smart factories. These factors are expected to bode well for the
Korean machine vision market in the years to come.
Today, various industries use 1D machine vision systems. These systems analyze a single line at a time without looking at the entire product, to assess the difference between the most recent products that pass the line. Some of the major end-user industries of 1D systems are metal, plastic, paper, and goods. The studied report assesses the market’s growth based on type, components, application, and verticals. Here, the type segment comprises 1D machine vision, 2D machine vision, and 3D machine vision.
Omron
Corporation offers automation components, equipment, and systems for industrial
automation, environmental solutions, healthcare, and social infrastructure
systems. For machine vision, it offers Vision Sensors, PC Vision System, Smart
Cameras, lenses, and Lighting Systems. The company was founded in 1933, and has
a strong workforce of more than 35,000 employees. Omron is headquartered in
Kyoto, Japan.
In August 2021, OMRON
Corporation launched the “VT-S10 Series,” a PCB inspection system. It features
an industry-first imaging technique and uses artificial intelligence to
automate the high-precision inspection process for electronic substrates, thereby
eliminating the need for specialist skills.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
· Comprehensive
information and estimation of the machine vision market revenue growth in
Asia-Pacific and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces
·
A
wide-ranging study of factors that will challenge the APAC machine vision
market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
Market by Type of Robot, Compo ..
VIEW REPORT
Market by Type, Application, a ..
VIEW REPORT
Market By Payload Type, Compon ..
VIEW REPORT
Market by Technology, Deployme ..
VIEW REPORT
Market by Type, Application, V ..
VIEW REPORT
Market by Payload Capacity, We ..
VIEW REPORT
Market by Type of Robot, Compo ..
VIEW REPORT1. ASIA-PACIFIC
MACHINE VISION MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE MACHINE VISION INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. INTEGRATION
OF MACHINE VISION WITH CLOUD TECHNOLOGY
2.2.2. ASIA-PACIFIC
DOMINATES THE MARKET
2.2.3. 3D
MEASUREMENT IS THE FASTEST EVOLVING TYPE
2.2.4. GROWING
INTEREST FOR AUTOMATION IN INDUSTRIAL APPLICATIONS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. ACCURACY
2.4.2. COST-EFFECTIVENESS
2.4.3. FLEXIBILITY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
DEVELOPMENTS
2.6.3. INVESTMENTS
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. INCREASED
NEED FOR SMART FACTORIES
2.7.2. WIDENING
APPLICATIONS OF MV SYSTEMS
2.7.3. RISING
NEED FOR PROPER DEFECT DETECTION
2.7.4. GROWING
TREND OF MINIATURIZED PRODUCTS
2.8. MARKET
CHALLENGES
2.8.1. LACK
OF EXPERTISE
2.8.2. UNAWARENESS
ABOUT THE BENEFITS OF MV SYSTEMS
2.8.3. COMPLICATIONS
IN IMPLEMENTATION OF MV SYSTEMS
2.8.4. LACK
OF STANDARDIZATION
2.9. MARKET
OPPORTUNITIES
2.9.1. CONSTANT
DEVELOPMENTS IN CMOS IMAGE SENSORS
2.9.2. INDUSTRIAL
INTERNET OF THINGS (IIOT) TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
3. ASIA-PACIFIC
MACHINE VISION MARKET OUTLOOK – BY TYPE
3.1. 1D
MACHINE VISION
3.2. 2D
MACHINE VISION
3.3. 3D
MACHINE VISION
4. ASIA-PACIFIC
MACHINE VISION MARKET OUTLOOK – BY COMPONENTS
4.1. HARDWARE
4.1.1. ASMV
4.1.2. CAMERAS
4.1.3. SENSORS
4.1.4. ILLUMINATIONS
4.1.5. PROCESSORS
4.1.6. OTHER
HARDWARE
4.2. SOFTWARE
5. ASIA-PACIFIC
MACHINE VISION MARKET OUTLOOK – BY APPLICATION
5.1. INSPECTION
5.2. GAUGING
5.3. GUIDANCE
5.4. IDENTIFICATION
5.5. OTHER
APPLICATIONS
6. ASIA-PACIFIC
MACHINE VISION MARKET OUTLOOK – BY VERTICALS
6.1. AUTOMOTIVE
6.2. ELECTRONICS
& SEMICONDUCTORS
6.3. HEALTHCARE
6.4. FOOD
& PACKAGING
6.5. OTHER
VERTICALS
7. ASIA-PACIFIC
MACHINE VISION MARKET – COUNTRY OUTLOOK
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH
KOREA
7.5. ASEAN
COUNTRIES
7.6. AUSTRALIA
& NEW ZEALAND
7.7. REST
OF ASIA-PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. COGNEX
CORPORATION
8.2. ALLIED
VISION TECHNOLOGIES GMBH
8.3. BASLER
AG
8.4. TELEDYNE
TECHNOLOGIES INCORPORATED
8.5. BAUMER
ELECTRIC AG
8.6. DATALOGIC
SPA
8.7. USS
VISION
8.8. KEYENCE
CORPORATION
8.9. FLIR
SYSTEMS INC
8.10. JAI AS
8.11. PERCEPTRON
INC
8.12. OPTOTUNE
AG
8.13. ISRA
VISION AG
8.14. OMRON
CORPORATION
8.15. NATIONAL
INSTRUMENTS CORPORATION
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC MACHINE
VISION MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: ASIA-PACIFIC MACHINE
VISION MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC MACHINE
VISION MARKET, BY COMPONENTS, 2022-2028 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC MACHINE
VISION MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC MACHINE
VISION MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC MACHINE
VISION MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
MACHINE VISION MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: PROCESS OF MACHINE
VISION
FIGURE 2: KEY IMPACT ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4: ASIA-PACIFIC MACHINE
VISION MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 5: ASIA-PACIFIC MACHINE
VISION MARKET, BY 1D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC MACHINE
VISION MARKET, BY 2D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC MACHINE
VISION MARKET, BY 3D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC MACHINE
VISION MARKET, BY COMPONENTS, 2021 & 2028 (IN %)
FIGURE 9: ASIA-PACIFIC MACHINE
VISION MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
MACHINE VISION MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 11: ASIA-PACIFIC
MACHINE VISION MARKET, BY ASMV, 2022-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
MACHINE VISION MARKET, BY CAMERAS, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
MACHINE VISION MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
MACHINE VISION MARKET, BY ILLUMINATIONS, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
MACHINE VISION MARKET, BY PROCESSORS, 2022-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER HARDWARE COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
MACHINE VISION MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
MACHINE VISION MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 19: ASIA-PACIFIC
MACHINE VISION MARKET, BY INSPECTION, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
MACHINE VISION MARKET, BY GAUGING, 2022-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC
MACHINE VISION MARKET, BY GUIDANCE, 2022-2028 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC
MACHINE VISION MARKET, BY IDENTIFICATION, 2022-2028 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC
MACHINE VISION MARKET, BY VERTICALS, 2021 & 2028 (IN %)
FIGURE 25: ASIA-PACIFIC
MACHINE VISION MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC
MACHINE VISION MARKET, BY ELECTRONICS & SEMICONDUCTORS, 2022-2028 (IN $
MILLION)
FIGURE 27: ASIA-PACIFIC
MACHINE VISION MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC
MACHINE VISION MARKET, BY FOOD & PACKAGING, 2022-2028 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 30: ASIA-PACIFIC
MACHINE VISION MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 31: CHINA MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: JAPAN MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: INDIA MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: SOUTH KOREA MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: ASEAN COUNTRIES
MACHINE VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: AUSTRALIA & NEW
ZEALAND MACHINE VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: REST OF
ASIA-PACIFIC MACHINE VISION MARKET 2022-2028 (IN $ MILLION)