Market by Type, Components, Application, Vertical, and Country Outlook | Forecast 2022-2028
A
study by Triton on Europe’s machine vision market shows that the market will
develop with a CAGR of 6.71% in the
forecast duration 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The countries studied in this
market include:
• Spain
• Russia
• Germany
• Italy
• France
• The United Kingdom
• Rest of Europe
The industrial sector in
European nations is undergoing digital transformation. It has been focusing on
reducing operational costs by stepping into automated, autonomous systems.
Government policies that favor the adoption of automation are encouraging SMEs
companies to move towards automation. Also, the incentives offered by the
European Union to the manufacturing industry to adhere to new environmental
regulations & safety standards in order to maintain balance in the
ecosystem are aiding the steady adoption of smart factory solutions like
machine vision.
The automotive industry in
Germany has gained worldwide recognition for automotive production in the past couple
of years. Moreover, a collaboration between Germany and India for Industry 4.0
is expected to augment the manufacturing industry’s growth. Germany also boasts
of the largest concentration of automotive original equipment manufacturing plants
across Europe. There are presently 43 OEM sites located in the nation. Germany has
also invested more than $391.9 million to foster the growth of Industry 4.0,
which would apply artificial intelligence, robotics, and IoT in advanced
manufacturing. These developments are expected to prove beneficial for the
growth of the studied market.
The rising Spanish automotive
industry has driven the demand for machine vision systems. After Germany, it is
the second-largest company manufacturing automobiles. Also, Spain is among the
top ten countries globally in the list of automobile manufacturers. Its
automotive industry has contributed nearly 9-10% of the nation’s GDP. The presence
of key automotive OEMs, such as Volkswagen, SEAT, General Motors, Fiat
Chrysler, and Nissan, has played a key role in raising the demand for machine
vision systems in the nation. This is expected to encourage the market’s growth
in the years to come.
Machine vision sees huge potential in the healthcare segment. The adoption of smart cameras and sensors to monitor and care for patients is expected to drive the market for machine vision. Also, the high usage of automation in the drugs & pharmaceuticals industry is helping the market to grow. The pharmaceutical and medical device industries are emerging as leading users of machine vision, with numerous application-specific systems. The studied report assesses the market’s growth based on components, type, verticals, and application. Here, the verticals segment comprises healthcare automotive, food & packaging electronics & semiconductors, and other verticals.
Founded
in 1988, Basler
AG is a company providing industrial cameras for a vast range of
applications. Its offerings include line scan cameras, area scan cameras, 3D
cameras, network cameras, lenses, powerpack microscopy, cables, software, and
additional accessories. Basler also offers embedded vision kits, cameras for
embedded vision, and components for embedded vision products. Its products find
applications in industrial mass production, medical technology, as well as in
traffic control. The German company is headquartered in Ahrensburg,
Schleswig-Holstein.
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
Europe 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 Europe 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.
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1. EUROPE
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. 3D
MEASUREMENT IS THE FASTEST EVOLVING TYPE
2.2.3. 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. EUROPE
MACHINE VISION MARKET OUTLOOK – BY TYPE
3.1. 1D
MACHINE VISION
3.2. 2D
MACHINE VISION
3.3. 3D
MACHINE VISION
4. EUROPE
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 COMPONENTS
4.2. SOFTWARE
5. EUROPE
MACHINE VISION MARKET OUTLOOK – BY APPLICATION
5.1. INSPECTION
5.2. GAUGING
5.3. GUIDANCE
5.4. IDENTIFICATION
5.5. OTHER
APPLICATIONS
6. EUROPE
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. EUROPE
MACHINE VISION MARKET – COUNTRY OUTLOOK
7.1. UNITED
KINGDOM
7.2. GERMANY
7.3. FRANCE
7.4. SPAIN
7.5. ITALY
7.6. RUSSIA
7.7. REST
OF EUROPE
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: EUROPE MACHINE VISION
MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: EUROPE MACHINE VISION
MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 3: EUROPE MACHINE VISION
MARKET, BY COMPONENTS, 2022-2028 (IN $ MILLION)
TABLE 4: EUROPE MACHINE VISION
MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 5: EUROPE MACHINE VISION
MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 6: EUROPE MACHINE VISION
MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 7: EUROPE
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: EUROPE MACHINE
VISION MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 5: EUROPE MACHINE
VISION MARKET, BY 1D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE MACHINE
VISION MARKET, BY 2D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE MACHINE
VISION MARKET, BY 3D MACHINE VISION, 2022-2028 (IN $ MILLION)
FIGURE 8: EUROPE MACHINE
VISION MARKET, BY COMPONENTS, 2021 & 2028 (IN %)
FIGURE 9: EUROPE MACHINE
VISION MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE MACHINE
VISION MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 11: EUROPE MACHINE
VISION MARKET, BY ASMV, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE MACHINE
VISION MARKET, BY CAMERAS, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE MACHINE
VISION MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE MACHINE
VISION MARKET, BY ILLUMINATIONS, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE MACHINE
VISION MARKET, BY PROCESSORS, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE MACHINE
VISION MARKET, BY OTHER HARDWARE COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE MACHINE
VISION MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE MACHINE VISION
MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 19: EUROPE MACHINE
VISION MARKET, BY INSPECTION, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE MACHINE
VISION MARKET, BY GAUGING, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE MACHINE
VISION MARKET, BY GUIDANCE, 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE MACHINE
VISION MARKET, BY IDENTIFICATION, 2022-2028 (IN $ MILLION)
FIGURE 23: EUROPE MACHINE
VISION MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 24: EUROPE MACHINE
VISION MARKET, BY VERTICALS, 2021 & 2028 (IN %)
FIGURE 25: EUROPE MACHINE
VISION MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 26: EUROPE MACHINE
VISION MARKET, BY ELECTRONICS & SEMICONDUCTORS, 2022-2028 (IN $ MILLION)
FIGURE 27: EUROPE MACHINE
VISION MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 28: EUROPE MACHINE
VISION MARKET, BY FOOD & PACKAGING, 2022-2028 (IN $ MILLION)
FIGURE 29: EUROPE MACHINE
VISION MARKET, BY OTHER VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 30: EUROPE MACHINE
VISION MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 31: UNITED KINGDOM
MACHINE VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: GERMANY MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: FRANCE MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: SPAIN MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: ITALY MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: RUSSIA MACHINE
VISION MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: REST OF EUROPE
MACHINE VISION MARKET 2022-2028 (IN $ MILLION)