3D machine vision market
is expected to be valued at USD 2.13 Billion by 2022, growing at a CAGR
of 11.07% between 2017 and 2022. The growth of this market is mainly
driven by factors such as increasing demand for 3D object analyses in
manufacturing applications and rising demand for non–industrial 3D
machine vision systems.
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Cameras to lead the 3D machine vision market for the hardware segment between 2017 and 2022
Cameras
are expected to hold the largest size of the 3D machine vision market
for hardware by 2022, and the market for cameras is likely to grow at a
high rate during the forecast period. Cameras in machine vision systems
play an important role in capturing 3D images. The high demand for
high-quality images, image processing, and compactness would lead
cameras to hold the largest size of the 3D machine vision market during
the forecast period.
Market for positioning and guidance applications to grow at a significant rate between 2017 and 2022
The
market for positioning and guidance applications is expected to grow at
a significant rate between 2017 and 2022, owing to the increasing use
of robotics in the automotive, pharmacy, food and beverages, and other
sectors.
APAC held the largest market share in 2016, and the market in this region to grow at a high rate during the forecast period
APAC
held the largest share of the 3D machine vision market in 2016, and the
market in this region is expected to grow at a high rate between 2017
and 2022. The increasing adoption of automation across all industries,
especially in consumer electronics and automotive, is the major reason
for the growth of the 3D machine vision market in APAC. Also, the
presence of major manufacturing hubs such as China, Japan, India, and
South Korea is contributing to the growth of the 3D machine vision
market in this region. In addition, the Japan Industrial Imaging
Associations’ (JIIA) efforts in developing and promoting 3D imaging
technologies in APAC are further boosting the growth of the 3D machine
vision market in the region.
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The
key players operating in the 3D machine vision market include Cognex
Corporation (U.S.), Keyence Corporation (Japan), ISRA Vision AG
(Germany), Sick AG (Germany), Basler AG (Germany), Stemmer Imaging
(Germany), National Instruments (U.S.), MVTec Software GmbH(Germany),
Tordivel AS (Norway), and LMI Technologies (Canada).
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