3D Machine Vision Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024
Global 3D Machine Vision Market: Overview
3D Machine Vision is digitized model of location and shape of object scanned. Also, 3D machine vision is capable of fusing various point clouds from various scanners. We can have an example of a huge aspect such as a truck frame which is scanned with multiple scanners if the scanners are placed strategically. The enhanced functionalities of 3D machine vision systems are anticipated to drive the overall 3D Machine Vision market.
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Global 3D Machine Vision Market: Growth Factors
3D machine vision is used in various industries such as automotive, healthcare, defence, semiconductor, consumer electronics, and logistics. Adoption of automation across all industry verticals, especially in automotive and consumer electronics, is increasing day by day which is one of the major factors for the growth of the 3D machine vision market. Rich environment for manufacturing industry and technologically advanced countries are supporting the 3D machine vision market.
Global 3D Machine Vision Market: Segmentation
The global 3D machine vision market is segmented into submarkets on the basis of the component, product, application, vertical and region. On the basis of the component, The Global 3D Machine Vision Market is divided into the component, product, application, vertical and region. Based on Component, the Global 3D Machine Vision Market is divided into hardware and software. Hardware comprises of components like camera, lenses, computers, communication devices, and control cabinets. On the basis of product, the Global 3D Machine Vision is further classified as smart camera based and PC based. On the basis of application, the Global 3D Machine Vision is further divided into the measurement, quality assurance & inspection.
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Global 3D Machine Vision Market: Regional Analysis
Asia Pacific dominates the share of the 3D machine vision market, and the 3D machine vision market in this region is expected to grow at a high rate in upcoming years. The major reason for the growth of the 3D machine vision market in APAC is the increasing adoption of automation across all industries, especially in consumer electronics and automotive. Additionally, due to the presence of major manufacturing hubs like China, Japan, India, and South Korea is contributing as a huge growth factor to the growth of the 3D machine vision market in this region. Moreover, efforts of Japan Industrial Imaging Association (JIIA) to develop and promote 3D imaging technologies in APAC will further boost the growth of the 3D machine vision market in the region.
Global 3D Machine Vision Market: Competitive Players
Some of the competitive 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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Global 3D Machine Vision Market: Regional Segment Analysis
- North America
- The U.S.
- The UK
- The Asia Pacific
- Latin America
- The Middle East and Africa