Enjoy complimentary customisation on priority with our Enterprise License!
The 2D and 3D machine vision systems market size is estimated to grow by USD 8.26 billion at a CAGR of 10.03% between 2023 and 2028. Machine vision technology is experiencing significant investments due to its ability to enhance automation processes and improve product quality in various industries. The increasing demand for automation, driven by the need for efficiency and cost savings, is fueling this trend. Moreover, the integration of Internet of Things technology is expanding the application areas of machine vision, enabling real-time monitoring and data analysis. Machine vision systems use advanced algorithms to interpret and understand visual information from the environment, making them essential tools for automating tasks that require visual inspection. This technology is revolutionizing industries such as manufacturing, healthcare, and retail, and its adoption is expected to continue growing in the coming years.
For More Highlights About this Report, Request Free Sample
Machine vision systems have become an integral part of modern manufacturing processes, with both 2D and 3D systems playing crucial roles in various industries. These systems utilize cameras and image processing technology to inspect products, ensure quality control, and enhance automation. 3D machine vision systems offer the added advantage of analyzing products in three dimensions, making them ideal for applications such as chocolate inspection on high-speed production lines. 2D systems, on the other hand, are suitable for inspecting products in 2D plan view, such as in the pharmaceuticals industry. Computer technology and automation have significantly influenced the growth of machine vision systems market. The integration of Artificial Intelligence (AI) and Machine Learning Algorithms has further enhanced the capabilities of these systems, enabling them to learn and adapt to new environments. 3D machine vision systems find extensive applications in industries where precise measurement and inspection are essential, such as in hazardous environments. These systems help increase productivity, minimize machine downtime, and ensure process control. The market for machine vision systems is expected to grow significantly due to the increasing demand for automated systems and the need for efficient process control. Key components of machine vision systems include cameras, camera lenses, and light sources. The use of advanced technology, such as AI and machine learning algorithms, is also expected to drive the growth of the market. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing investments in machine vision technology is notably driving market growth. The growing emphasis on product quality and efficiency in manufacturing processes has fueled the demand for advanced machine vision systems. Two-dimensional (2D) and three-dimensional (3D) machine vision systems have gained significant traction in recent years, enabling automated inspection and ensuring consistent product quality.
Furthermore, these systems utilize specialized camera lenses and light sources to capture images or data in various dimensions. The intelligent transportation system sector is also adopting machine vision systems to enhance safety and efficiency. Companies are investing heavily in research and development to innovate and expand their product offerings, integrating advanced machine vision technologies into their manufacturing processes. Thus, such factors are driving the growth of the market during the forecast period.
Development of 3D medical display systems is the key trend in the market. In the realm of machine vision systems, both 2D and 3D technologies hold significance in various industries, particularly in medical applications. While 2D machine vision systems utilize standard camera lenses and light sources to capture and process images in a two-dimensional plane, 3D systems introduce an additional dimension, offering more comprehensive data analysis. For instance, in medical diagnostics, 2D displays have long been the standard for showcasing medical images.
However, advancements in technology have led to the emergence of 3D medical display devices. One such technology is CSpace, a 3D static volumetric display developed by The Coretec Group. This innovative display provides high-resolution, full-color images within a glass chamber, enabling users to view 3D projected images without any additional visualization aids. The 360-degree viewing angle of CSpace allows users to examine all aspects of the image, offering enhanced diagnostic capabilities. This technology is particularly valuable in the development of Intelligent Transportation Systems, where 3D imaging can provide a more comprehensive understanding of complex environments for improved safety and efficiency. Thus, such trends will shape the growth of the market during the forecast period.
Lack of efficient system operators is the major challenge that affects the growth of the market.In the realm of process industries, particularly metal fabrication, there is a significant trend towards the implementation of advanced automation technologies. These systems, which utilize camera lenses and light sources to inspect and analyze products, play a pivotal role in increasing production efficiency and ensuring high-quality output.
However, there are concerns among employee unions regarding the potential job displacement that may result from this technology adoption. This apprehension arises from a lack of understanding about the benefits of these systems, which include cost savings and improved product quality. Despite these advantages, there remains a persistent fear of unemployment due to the perceived threat of automation. Nonetheless, these systems are essential tools for enhancing industrial productivity and competitiveness in the modern manufacturing landscape. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Allied Vision Technologies GmbH - The company offers 2D and 3D machine vision systems such as Modular Concept, Modification, and OEM development.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth of the 2D Machine vision systems segment will be significant during the forecast period. Machine vision systems, which encompass both 2D and 3D technologies, are integral components of automated production lines in various industries. These systems utilize cameras and image processing capabilities to inspect material quality, ensuring adherence to standards and reducing defects. While 2D machine vision systems, utilizing 2D plan views and video cameras, are more commonly used due to their cost-effectiveness and ease of implementation, 3D systems offer additional benefits in applications requiring heightened accuracy and complex inspections.
Get a glance at the market share of various regions Download the PDF Sample
The 2D Machine vision systems segment was valued at USD 6.17 billion in 2018. In industries such as consumer electronics, medical and pharmaceuticals, food and beverage, and automotive, 2D machine vision systems are employed extensively for tasks like chocolate inspection, process control, and material quality inspection. Computer technology advances have facilitated the integration of AI algorithms and machine learning (ML) into these systems, further enhancing their capabilities. However, industries with hazardous environments, such as automotive manufacturing and pharmaceuticals, may require 3D machine vision systems for their ability to inspect components in three dimensions, ensuring safety and quality. These systems, which often include frame grabbers, vision sensors, and communication systems, are more complex and expensive than their 2D counterparts. The global market is expected to grow significantly, driven by the increasing demand for automated systems, high-speed production lines, and advanced manufacturing partnerships. Standard operating systems and interface protocols enable seamless integration of these systems with other industrial equipment, further increasing their value proposition. In conclusion, with their diverse applications and benefits, are poised for growth in the global market. The choice between the two depends on the specific requirements of the industry and the application, with 2D systems being more cost-effective and suitable for basic inspections, while 3D systems offer enhanced accuracy and complex inspection capabilities.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Machine vision systems are automated inspection solutions that utilize cameras and image processing technology to ensure material quality in various industries. These systems are available in both 2D and 3D configurations, with 3D systems offering more comprehensive inspection capabilities. They are widely used in high-speed production lines, hazardous environments, and industries requiring precise process control, such as chocolate inspection in consumer electronics, medical and pharmaceuticals, and advanced manufacturing. 2D machine vision systems, equipped with video cameras and computer technology, capture and process images in a 2D plan view. These systems employ AI algorithms and machine learning to identify defects and anomalies, increasing productivity and reducing machine downtime. In contrast, 3D systems use advanced technologies like X-ray scanners and frame grabbers to create three-dimensional models of inspected objects, enabling more detailed and accurate inspection. Smart cameras, an essential component, integrate hardware and software, while communication systems facilitate data transfer between various components. Standard operating systems and interface protocols ensure seamless integration with other industrial systems. Vision sensors and PC-based vision systems further enhance the functionality of these automated inspection solutions. The application of these extends beyond traditional industries, with advancements in artificial intelligence and machine learning algorithms enabling their use in various sectors. The integration of these technologies is expected to drive the growth of the market in the coming years.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Machine Vision Market: Machine Vision Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, Canada, China, Japan, Germany - Size and Forecast
Vision Guided Robotics Market: Vision Guided Robotics Market Analysis APAC, North America, Europe, Middle East and Africa, South America - China, US, Japan, Germany, South Korea - Size and Forecast
GigE Camera Market: GigE Camera Market by Type and Geography - Forecast and Analysis
Machine vision systems have revolutionized the manufacturing industry with their ability to inspect and analyze images in real-time. These systems, which combine cameras, image processing technology, and computer technology, are used extensively in various sectors such as consumer electronics, medical and pharmaceuticals, and advanced manufacturing partnerships. 2D machine vision systems, which use 2D cameras to capture images in a 2D plan view, have been a mainstay in the industry for decades. However, the emergence of 3D machine vision systems has added a new dimension to the field. They use advanced technologies like AI algorithms and machine learning (ML) to process complex 3D data from cameras or X-ray scanners.
Furthermore, these systems are particularly useful in industries where high-precision inspection is required, such as chocolate inspection on production lines or in hazardous environments. The integration of 3D systems with automation and communication systems has led to increased productivity and reduced machine downtime. Smart cameras, which combine hardware and software in a single unit, have further simplified the implementation of machine vision systems. Frame grabbers and vision sensors are essential components of machine vision systems, providing the interface between the camera and the computer. Standard operating systems and interface protocols ensure seamless communication between various components of the system. The future of these lies in the integration of advanced technologies like AI and ML, which will enable more sophisticated inspection and process control. In the food and beverage sector, implementing a 3D machine vision system with a video camera enhances quality and yield. This system integrates optics and illumination systems, a machine vision processing unit, and an advanced manufacturing partnership. Utilizing a vision sensor, camera lens, and optimal light source ensures precise inspection and efficiency in production processes.
Market Scope |
|
Report Coverage |
Details |
Page number |
138 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.03% |
Market growth 2024-2028 |
USD 8.26 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
8.88 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 50% |
Key countries |
China, US, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acrovision Ltd., Allied Vision Technologies GmbH, Atlas Copco AB, Balluff GmbH, Basler AG, Baumer Holding AG, Canon Inc., Cognex Corp., EPIC Systems Group LLC, HTE Technologies, IDS Imaging Development Systems Gmbh, Intel Corp., Keyence Corp., MATRIX VISION GmbH, MESH Automation Inc., OmniVision Technologies Inc., OMRON Corp., SICK AG, Simac Techniek NV, Teledyne DALSA Inc., TKH Group NV, and Tordivel AS |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.