Market by Type, Component, Application, Vertical, and Country Outlook | Forecast 2023-2030
As per Triton’s research analysis, the Asia-Pacific machine vision market is estimated to progress with a CAGR of 6.66% in the forecast years from 2023 to 2030.
Report scope can be customized per your requirements - Request Free Sample ReportÂ
The countries scrutinized in this region
include:
•        Japan
•        ASEAN Countries
•        India
•        China
•        South Korea
•        Australia & New
Zealand
•        Rest of Asia-Pacific
South Korea is anticipated to showcase the
fastest growth in this regional market over the forecasted duration. The Asia-Pacific offers vast potential for
machine vision applications, as it is a major manufacturing base and has
several emerging economies. Machine vision is a key automation technology, and,
therefore, is important for economic modernization in developing economies.
A developing country cannot indefinitely depend on low-cost labor to
thrive in the global market. At some point, adopting automation is essential to
achieve greater productivity, efficiency, and higher quality. That is where
machine vision steps in, and its continued demand is expected to drive the
region’s market growth over the forthcoming period.
The
need for higher productivity & accuracy is driving the change towards
automation in South Korea. Increased FDI in smart manufacturing, which is vital
for a country’s development, is expected to drive the growth of the market
here, as companies need to enhance the efficiency of their processes.
Also,
South Korea is one of the leading markets in the Asia-Pacific with respect to
the adoption of smart technology for factories, and the government is working
towards establishing over 10,000 smart factories. The above-mentioned factors
are anticipated to bode well for the growth of the country’s machine vision
market in the years to come.
In China, machine vision technology is gaining significant attention
from the government as well as businesses, which is evident from the increased
investments in research and development. The industrial production rate has
grown, and this largely benefits the automation industry. According to China
Machine Vision Union (CMVU), the country is investing significantly in the
production of batteries, which has increased the demand for inspection tools.
The increasing investments in advanced technologies are, in turn, driving the
machine vision market’s growth in China.
1D machine vision systems are used by various industries. They are used
to 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 MV systems include metal, paper,
plastic, and non-woven goods.
Triton’s report assesses the market based on
type, component, application, and vertical. Here, the type segment comprises 1D machine
vision, 2D machine vision, and 3D machine vision.
The acclaimed players in the machine vision
market include Cognex Corporation, FLIR Systems Inc, Jai AS, Omron Corporation,
Keyence Corporation, Baumer Electric AG, Datalogic SpA, and USS Vision.
Omron Corporation offers automation equipment,
components, and systems for industrial automation, healthcare, environmental
solutions, and social infrastructure systems. Its machine vision equipment
portfolio consists of the PC Vision System, smart cameras, vision sensors,
lenses, and lighting systems. The company was founded in 1933, and has a strong
workforce of over 35,000 employees. Omron is headquartered in Kyoto, Japan.
Â
Key deliverables of the report:
â—ŹÂ Â Â Â Â Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Detailed data highlighting key insights, industry components, and market strategies
â—ŹÂ Â Â Â Â Comprehensive information and estimation of the machine vision market revenue growth in Asia-Pacific and its influence on the parent market
â—ŹÂ Â Â Â Â In-depth study of forthcoming trends in consumer behavioral patterns
●     A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
â—ŹÂ Â Â Â Â
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.Â
1. ASIA-PACIFIC
MACHINE VISION MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE ASIA-PACIFIC MACHINE VISION MARKET
2.1.1. IMPACT
OF COVID-19 ON THE MACHINE VISION MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF SUPPLIERS
2.2.4. BARGAINING
POWER OF BUYERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
MATURITY ANALYSIS
2.4. KEY
IMPACT ANALYSIS
2.4.1. ACCURACY
2.4.2. COST-EFFECTIVENESS
2.4.3. FLEXIBILITY
2.5. KEY
MARKET STRATEGIES
2.5.1. ACQUISITIONS
2.5.2. PRODUCT
DEVELOPMENTS
2.5.3. INVESTMENTS
& EXPANSIONS
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 FOR PROPER DEFECT DETECTION
2.6.4. TREND
OF MINIATURIZED PRODUCTS
2.7. MARKET
CHALLENGES
2.7.1. LACK
OF EXPERTISE
2.7.2. UNAWARENESS
ABOUT THE BENEFITS OF MACHINE VISION SYSTEMS
2.7.3. COMPLICATIONS
ASSOCIATED WITH THE IMPLEMENTATION OF MV SYSTEMS
2.7.4. LACK
OF STANDARDIZATION
2.8. MARKET
OPPORTUNITIES
2.8.1. CONTINUOUS
DEVELOPMENT OF CMOS IMAGE SENSORS
2.8.2. ADOPTION
OF INDUSTRIAL INTERNET OF THINGS (IIOT)
2.8.3. INTEGRATION
OF MACHINE VISION WITH CLOUD TECHNOLOGY
2.8.4. GROWING
AUTOMATION IN INDUSTRIAL APPLICATIONS
2.9. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
MACHINE VISION MARKET – BY TYPE
3.1. 1D
MACHINE VISION
3.2. 2D
MACHINE VISION
3.3. 3D
MACHINE VISION
4. ASIA-PACIFIC
MACHINE VISION MARKET – BY COMPONENT
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. ASIA-PACIFIC
MACHINE VISION MARKET – BY APPLICATION
5.1. INSPECTION
5.2. GAUGING
5.3. GUIDANCE
5.4. IDENTIFICATION
5.5. OTHER
APPLICATIONS
6. ASIA-PACIFIC
MACHINE VISION MARKET – BY VERTICAL
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. ASIA-PACIFIC
7.1.1. MARKET
BY TYPE
7.1.2. MARKET
BY COMPONENT
7.1.2.1. MARKET
BY HARDWARE
7.1.3. MARKET
BY APPLICATION
7.1.4. MARKET
BY VERTICAL
7.1.5. COUNTRY
ANALYSIS
7.1.5.1. CHINA
7.1.5.1.1. CHINA
MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.2. JAPAN
7.1.5.2.1. JAPAN
MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.3. INDIA
7.1.5.3.1. INDIA
MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.4. SOUTH
KOREA
7.1.5.4.1. SOUTH
KOREA MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.5. ASEAN
COUNTRIES
7.1.5.5.1. ASEAN
COUNTRIES MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.6. AUSTRALIA
& NEW ZEALAND
7.1.5.6.1. AUSTRALIA
& NEW ZEALAND MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.7. REST
OF ASIA-PACIFIC
7.1.5.7.1. REST
OF ASIA-PACIFIC MACHINE VISION MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. COGNEX
CORPORATION
8.1.1. OVERVIEW
8.1.2. PORTFOLIO
8.2. ALLIED
VISION TECHNOLOGIES GMBH
8.2.1. OVERVIEW
8.2.2. PORTFOLIO
8.3. BASLER
AG
8.3.1. OVERVIEW
8.3.2. PORTFOLIO
8.4. TELEDYNE
TECHNOLOGIES INCORPORATED
8.4.1. OVERVIEW
8.4.2. PORTFOLIO
8.5. BAUMER
ELECTRIC AG
8.5.1. OVERVIEW
8.5.2. PORTFOLIO
8.6. DATALOGIC
SPA
8.6.1. OVERVIEW
8.6.2. PORTFOLIO
8.7. USS
VISION
8.7.1. OVERVIEW
8.7.2. PORTFOLIO
8.8. KEYENCE
CORPORATION
8.8.1. OVERVIEW
8.8.2. PORTFOLIO
8.9. FLIR
SYSTEMS INC
8.9.1. OVERVIEW
8.9.2. PORTFOLIO
8.10. JAI
AS
8.10.1. OVERVIEW
8.10.2. PORTFOLIO
8.11. PERCEPTRON
INC
8.11.1. OVERVIEW
8.11.2. PORTFOLIO
8.12. OPTOTUNE
AG
8.12.1. OVERVIEW
8.12.2. PORTFOLIO
8.13. ISRA
VISION AG
8.13.1. OVERVIEW
8.13.2. PORTFOLIO
8.14. OMRON
CORPORATION
8.14.1. OVERVIEW
8.14.2. PORTFOLIO
8.15. NATIONAL
INSTRUMENTS CORPORATION (NI)
8.15.1. OVERVIEW
8.15.2. PORTFOLIO
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, 2023-2030 (IN $ MILLION)
TABLE 2: ASIA-PACIFIC
MACHINE VISION MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC
MACHINE VISION MARKET, BY COMPONENT, 2023-2030 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC
MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
TABLE 5:
APPLICATION-SPECIFIC MACHINE VISION SYSTEMS IN INDUSTRIES
TABLE 6: ASIA-PACIFIC
MACHINE VISION MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
MACHINE VISION MARKET, BY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
MACHINE VISION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: PROCESS OF
MACHINE VISION
FIGURE 2: MARKET
MATURITY ANALYSIS
FIGURE 3: KEY IMPACT
ANALYSIS
FIGURE 4: ASIA-PACIFIC
MACHINE VISION MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE 5: ASIA-PACIFIC
MACHINE VISION MARKET, BY 1D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
MACHINE VISION MARKET, BY 2D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC
MACHINE VISION MARKET, BY 3D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
MACHINE VISION MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 9: ASIA-PACIFIC
MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
MACHINE VISION MARKET, BY HARDWARE, 2022 & 2030 (IN %)
FIGURE 11: ASIA-PACIFIC
MACHINE VISION MARKET, BY ASMV, 2023-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
MACHINE VISION MARKET, BY CAMERAS, 2023-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
MACHINE VISION MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
MACHINE VISION MARKET, BY ILLUMINATIONS, 2023-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
MACHINE VISION MARKET, BY PROCESSORS, 2023-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
MACHINE VISION MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
MACHINE VISION MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 19: ASIA-PACIFIC
MACHINE VISION MARKET, BY INSPECTION, 2023-2030 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
MACHINE VISION MARKET, BY GAUGING, 2023-2030 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC
MACHINE VISION MARKET, BY GUIDANCE, 2023-2030 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC
MACHINE VISION MARKET, BY IDENTIFICATION, 2023-2030 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC
MACHINE VISION MARKET, BY VERTICAL, 2022 & 2030 (IN %)
FIGURE 25: ASIA-PACIFIC
MACHINE VISION MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC
MACHINE VISION MARKET, BY ELECTRONICS & SEMICONDUCTORS, 2022-2030 (IN $
MILLION)
FIGURE 27: ASIA-PACIFIC
MACHINE VISION MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC
MACHINE VISION MARKET, BY FOOD & PACKAGING, 2022-2030 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC
MACHINE VISION MARKET, BY OTHER VERTICALS, 2022-2030 (IN $ MILLION)
FIGURE 30: ASIA-PACIFIC
MACHINE VISION MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 31: CHINA
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 32: JAPAN
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 33: INDIA MACHINE
VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 34: SOUTH KOREA
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 35: ASEAN
COUNTRIES MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 36: AUSTRALIA
& NEW ZEALAND COUNTRIES MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 37: REST OF
ASIA-PACIFIC MACHINE VISION MARKET 2023-2030 (IN $ MILLION)