NORTH AMERICA MACHINE VISION MARKET 2019-2027

Automation | Industrial Automation

NORTH AMERICA MACHINE VISION MARKET 2019-2027

Market By Type, Component, Application, End-user And Geography | Forecast 2019-2027

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Triton Market Research has depicted that the North America machine vision market is projected to grow at a CAGR of 7.38% over the forecasting years of 2019 to 2027.

The machine vision market report on the North American region includes the countries:

•    United States

•    Canada

North America machine vision market is growing, owing to continuous research in developing efficient machine vision systems for aerospace & defense and healthcare industries. In North America, there is high investment from the government in manufacturing enhanced machine vision systems for aerospace & defense. North America is also one of the key regions to have witnessed an increase in the incorporation of advanced medical equipment, which demand efficient vision systems. 

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Recently, it has been observed that automation, especially factory automation is trending in the market. The need for automation has risen due to the need for reducing manufacturing costs, and need of reducing the time to market of products. The expeditiously developing technology and a digitally-focused world have opened the doors for automated processes to enter the workforce. Machine vision, robotics and emergence of artificial intelligence and deep learning are boosting industrial or factory automation. Many organizations are automating their processes using automated machines. This increasing trend towards automation has created an opportunity for machine vision systems. 

The automotive, electronics and semiconductor industries were the traditional end-users for machine vision systems due to the increased need to inspect quality and collect visual data. But now more non-traditional end-users have started using cameras and machine vision components for their specific requirements, increasing the demand in the machine vision market. The implementation of an MV system needs technology skills in camera design & building automation solutions, embedded design, algorithm development and mechanical engineering. Additionally, image processing algorithms, which are the major drivers of the machine vision systems, have still a lot to evolve. Considering the exponential growth potential of machine vision technology and at the same time, understanding the above challenges, it is imperative to have a skilled professional to venture into this space further.

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Table of Content

1.    NORTH AMERICA MACHINE VISION MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   INTEGRATING MACHINE VISION WITH CLOUD TECHNOLOGY

2.2.2.   3D MEASUREMENT IS THE FASTEST EVOLVING TYPE

2.2.3.   GROWING INTEREST TOWARDS AUTOMATION IN INDUSTRIAL APPLICATIONS

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

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. MARKET DRIVERS

2.6.1.   INCREASED NEED FOR SMART FACTORIES

2.6.2.   WIDENING APPLICATIONS OF MV SYSTEMS

2.6.3.   RISING NEED OF PROPER DEFECT DETECTION

2.6.4.   TREND OF MINIATURIZED PRODUCTS

2.7. MARKET RESTRAINTS

2.7.1.   COMPLICATIONS IN IMPLEMENTATION OF MV SYSTEMS

2.7.2.   LACK OF STANDARDIZATION

2.8. MARKET OPPORTUNITIES

2.8.1.   CONSTANT DEVELOPMENT OF CMOS IMAGE SENSORS

2.8.2.   INDUSTRIAL INTERNET OF THINGS (IIOT) TO OFFER LUCRATIVE GROWTH OPPORTUNITIES

2.9. MARKET CHALLENGES

2.9.1.   LACK OF EXPERTISE

2.9.2.   UNAWARENESS ABOUT THE BENEFITS OF MV SYSTEMS

3.    NORTH AMERICA MACHINE VISION MARKET OUTLOOK - BY TYPE

3.1. 1D MEASUREMENT

3.2. 2D MEASUREMENT

3.3. 3D MEASUREMENT

4.    NORTH AMERICA MACHINE VISION MARKET OUTLOOK - BY COMPONENTS

4.1. SMART CAMERA

4.2. EMBEDDED SYSTEM

4.3. FRAME GRABBER

4.4. LIGHTING

4.5. LENSES

5.    NORTH AMERICA MACHINE VISION MARKET OUTLOOK - BY APPLICATION

5.1. POSITIONING

5.2. IDENTIFICATION

5.3. VERIFICATION

5.4. MEASUREMENT

5.5. FLAW DETECTION

6.    NORTH AMERICA MACHINE VISION MARKET OUTLOOK - BY END-USER

6.1. INDUSTRIAL

6.2. HEALTHCARE

6.3. ELECTRONICS

6.4. AUTOMOTIVE

6.5. OTHER END-USER

7.    NORTH AMERICA MACHINE VISION MARKET - REGIONAL OUTLOOK

7.1. UNITED STATES

7.2. CANADA

8.    COMPETITIVE LANDSCAPE

8.1. ALLIED VISION TECHNOLOGIES GMBH

8.2. BASLER AG

8.3. BAUMER OPTRONIC GMBH

8.4. COGNEX CORPORATION

8.5. DATALOGIC S.P.A.

8.6. FLIR SYSTEMS, INC.

8.7. JAI A/S

8.8. KEYENCE CORPORATION

8.9. OMRON MICROSCAN SYSTEMS, INC. (ACQUIRED BY OMRON)

8.10.            NATIONAL INSTRUMENTS CORPORATION

8.11.            OMRON CORPORATION

8.12.            OPTOTUNE AG

8.13.            PERCEPTRON, INC.

8.14.            TELEDYNE TECHNOLOGIES, INC.

8.15.            USS VISION, INC.

9.    RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1: NORTH AMERICA MACHINE VISION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: NORTH AMERICA MACHINE VISION MARKET, BY TYPE, 2019-2027 (IN $ MILLION)

TABLE 3: NORTH AMERICA MACHINE VISION MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 4: NORTH AMERICA MACHINE VISION MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 5: NORTH AMERICA MACHINE VISION MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

TABLE 6: NORTH AMERICA MACHINE VISION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: PROCESS FLOW OF MACHINE VISION SYSTEM

FIGURE 2: KEY IMPACT ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: NORTH AMERICA MACHINE VISION MARKET, BY 1D MEASUREMENT, 2019-2027 (IN $ MILLION)

FIGURE 5: NORTH AMERICA MACHINE VISION MARKET, BY 2D MEASUREMENT, 2019-2027 (IN $ MILLION)

FIGURE 6: NORTH AMERICA MACHINE VISION MARKET, BY 3D MEASUREMENT, 2019-2027 (IN $ MILLION)

FIGURE 7: NORTH AMERICA MACHINE VISION MARKET, BY SMART CAMERA, 2019-2027 (IN $ MILLION)

FIGURE 8: NORTH AMERICA MACHINE VISION MARKET, BY EMBEDDED SYSTEM, 2019-2027 (IN $ MILLION)

FIGURE 9: NORTH AMERICA MACHINE VISION MARKET, BY FRAME GRABBER, 2019-2027 (IN $ MILLION)

FIGURE 10: NORTH AMERICA MACHINE VISION MARKET, BY LIGHTING, 2019-2027 (IN $ MILLION)

FIGURE 11: NORTH AMERICA MACHINE VISION MARKET, BY LENSES, 2019-2027 (IN $ MILLION)

FIGURE 12: NORTH AMERICA MACHINE VISION MARKET, BY POSITIONING, 2019-2027 (IN $ MILLION)

FIGURE 13: NORTH AMERICA MACHINE VISION MARKET, BY IDENTIFICATION, 2019-2027 (IN $ MILLION)

FIGURE 14: NORTH AMERICA MACHINE VISION MARKET, BY VERIFICATION, 2019-2027 (IN $ MILLION)

FIGURE 15: NORTH AMERICA MACHINE VISION MARKET, BY MEASUREMENT, 2019-2027 (IN $ MILLION)

FIGURE 16: NORTH AMERICA MACHINE VISION MARKET, BY FLAW DETECTION, 2019-2027 (IN $ MILLION)

FIGURE 17: NORTH AMERICA MACHINE VISION MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)

FIGURE 18: NORTH AMERICA MACHINE VISION MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 19: NORTH AMERICA MACHINE VISION MARKET, BY ELECTRONICS, 2019-2027 (IN $ MILLION)

FIGURE 20: NORTH AMERICA MACHINE VISION MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 21: NORTH AMERICA MACHINE VISION MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)

FIGURE 22: NORTH AMERICA MACHINE VISION MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 23: UNITED STATES MACHINE VISION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: CANADA MACHINE VISION MARKET, 2019-2027 (IN $ MILLION)

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