Market by Type, Component, Application, Vertical, and Country Outlook | Forecast 2023-2030
The report by Triton Market Research indicates that the machine vision market in the Middle East and Africa would develop with a CAGR of 5.66% during the forecast period from 2023 to 2030.
The
countries assessed in this market include:
• Turkey
• Saudi
Arabia
• The
United Arab Emirates
• South
Africa
• Rest
of Middle East & Africa
Saudi
Arabia leads the market in this region, and held the largest share in 2022. The Middle East is increasingly shifting from
oil & gas to other manufacturing & service sectors. This has widened
the scope for investments by players operating in the manufacturing and process
industries, and is expected to increase the adoption of machine vision systems
in the region. Moreover, the market in the Middle East and Africa has benefited
significantly from favorable government initiatives in recent years.
The manufacturing sector in South Africa has
witnessed significant growth, and is one of the key contributors to the
national GDP. This has also driven the shift towards automation. A number of
leading market players are also expanding their presence in the country. For
instance, in September 2018, Assa Abloy tapped into the Industry 4.0 space by
investing $543 million in process automation machines in its factory in
Roodepoort. These developments are indicative of a positive outlook for the
market in South Africa.
The manufacturing sector in the United Arab
Emirates is expanding rapidly, owing to funding by the government, low taxes,
and business-friendly regulations favoring automation. With the growing
investments, the manufacturing sector is expected to contribute 25% to the
nation’s GDP by 2025. The development of the manufacturing sector is favorable
for the machine vision market’s growth. Moreover, the growing UAE and US ties
for advancing the manufacturing sector will aid the growth of the studied
market over the forecasting years.
Illumination or light is used to bring an object
into focus, which helps cameras to capture its snapshots for effective
analysis. Selecting an illumination source is extremely critical for designing
an MV system. Lighting is an important element of these systems, and it can be
in the form of LEDs, high-frequency fluorescent strobes, or incandescent bulbs.
Proper illumination provides consistent images to the processors, and thus
eliminates the possibility of errors.
Triton’s
report assesses the market on the basis of application, type, component, and
vertical. The components
segment comprises hardware and software. Hardware further consists of
illuminations, sensors, cameras, ASMV, processors, and other hardware
components.
The
distinguished players in the machine vision market include Datalogic SpA, USS
Vision, Optotune AG, Jai AS, Keyence Corporation, Baumer Electric AG, FLIR
Systems Inc, and National Instruments Corporation (NI).
FLIR Systems Inc is a leading company engaged in
the design, development, marketing, and distribution of advanced sensor
systems, infrared camera systems, thermal imaging, night vision, and threat
detection systems. Its advanced imaging & sensor solutions & systems
find applications in defense, government, security, public safety &
transportation, industrial, R&D, marine, camera components, professional
tools, and home & outdoor. Founded in 1978, FLIR Systems Inc has a notable
business presence in the Middle East.
Key deliverables of the report:
● Market CAGR during the forecasting years 2023-2030
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the machine vision market revenue growth in the Middle East and Africa 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 MEA
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.
1. MIDDLE
EAST AND AFRICA MACHINE VISION MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE MIDDLE EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA MACHINE VISION MARKET – BY TYPE
3.1. 1D
MACHINE VISION
3.2. 2D
MACHINE VISION
3.3. 3D
MACHINE VISION
4. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA MACHINE VISION MARKET – BY APPLICATION
5.1. INSPECTION
5.2. GAUGING
5.3. GUIDANCE
5.4. IDENTIFICATION
5.5. OTHER
APPLICATIONS
6. MIDDLE
EAST AND AFRICA MACHINE VISION MARKET – BY VERTICAL
6.1. AUTOMOTIVE
6.2. ELECTRONICS
& SEMICONDUCTORS
6.3. HEALTHCARE
6.4. FOOD
& PACKAGING
6.5. OTHER
VERTICALS
7. MIDDLE
EAST AND AFRICA MACHINE VISION MARKET – COUNTRY OUTLOOK
7.1. MIDDLE
EAST AND AFRICA
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. UNITED
ARAB EMIRATES
7.1.5.1.1. UNITED
ARAB EMIRATES MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.2. SAUDI
ARABIA
7.1.5.2.1. SAUDI
ARABIA MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.3. TURKEY
7.1.5.3.1. TURKEY
MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.4. SOUTH
AFRICA
7.1.5.4.1. SOUTH
AFRICA MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.5. REST
OF MIDDLE EAST & AFRICA
7.1.5.5.1. REST
OF MIDDLE EAST & AFRICA 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: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 3: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY COMPONENT, 2023-2030 (IN $ MILLION)
TABLE 4: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
TABLE 5:
APPLICATION-SPECIFIC MACHINE VISION SYSTEMS IN INDUSTRIES
TABLE 6: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 7: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA 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: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE 5: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY 1D MACHINE VISION, 2023-2030 (IN $
MILLION)
FIGURE 6: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY 2D MACHINE VISION, 2023-2030 (IN $
MILLION)
FIGURE 7: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY 3D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 9: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
FIGURE 10: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2022 & 2030 (IN %)
FIGURE 11: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY ASMV, 2023-2030 (IN $ MILLION)
FIGURE 12: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY CAMERAS, 2023-2030 (IN $ MILLION)
FIGURE 13: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 14: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY ILLUMINATIONS, 2023-2030 (IN $ MILLION)
FIGURE 15: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY PROCESSORS, 2023-2030 (IN $ MILLION)
FIGURE 16: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $
MILLION)
FIGURE 17: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 18: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 19: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY INSPECTION, 2023-2030 (IN $ MILLION)
FIGURE 20: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY GAUGING, 2023-2030 (IN $ MILLION)
FIGURE 21: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY GUIDANCE, 2023-2030 (IN $ MILLION)
FIGURE 22: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY IDENTIFICATION, 2023-2030 (IN $ MILLION)
FIGURE 23: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 24: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY VERTICAL, 2022 & 2030 (IN %)
FIGURE 25: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)
FIGURE 26: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY ELECTRONICS & SEMICONDUCTORS,
2022-2030 (IN $ MILLION)
FIGURE 27: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)
FIGURE 28: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY FOOD & PACKAGING, 2022-2030 (IN $
MILLION)
FIGURE 29: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, BY OTHER VERTICALS, 2022-2030 (IN $ MILLION)
FIGURE 30: MIDDLE EAST
AND AFRICA MACHINE VISION MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 31: UNITED ARAB
EMIRATES MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 32: SAUDI ARABIA
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 33: TURKEY
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 34: SOUTH AFRICA
MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 35: REST OF
MIDDLE EAST & AFRICA MACHINE VISION MARKET 2023-2030 (IN $ MILLION)