The global 2D and 3D machine vision systems market size was US$ 12.9 billion in 2021. The global 2D and 3D machine vision systems market is forecast to grow to US$ 30.6 billion by 2030 by growing at a compound annual growth rate (CAGR) of 11.3% during the forecast period from 2022 to 2030.

By using cameras and image processing, machine vision gives machines the advantage of sight. Thus, it supplements or replaces manual inspection tasks. Machine vision applications range from simple tasks like detection of presence to real-time inspection and grading in harsh environments.

Factors Influencing the Market

Machine vision systems act as an advantage for manufacturing companies, especially to carry out precision tasks such as inspection. Thus, this factor will primarily drive the growth of the global 2D and 3D machine vision systems market.

The rising demand for increasing productivity and reducing machine downtime will contribute to the growth of the global 2D and 3D machine vision systems market during the study period.

Growing automation across the manufacturing industry will surge the demand for global 2D and 3D machine vision systems to inspect components and identify microscopic defects. Thus, it will prompt the growth of the global 2D and 3D machine vision systems market during the study period.

Complexity in integrating machine vision systems may limit the growth of the global 2D and 3D machine vision systems market.

COVID-19 Impact Analysis

The wake of the COVID-19 pandemic limited the manufacturing processes, which hampered the growth of the global 2D and 3D machine vision systems market. The market witnessed innumerable challenges due to lockdown restrictions and travel bans. Apart from that, the decline in consumer demand and shutdown of manufacturing units further impeded the growth of the global 2D and 3D machine vision systems market.

Regional Analysis

Based on region, the Asia-Pacific 2D and 3D machine vision systems market is forecast to hold the largest share. It is owing presence of some of the largest industries in the region. In addition, growing industrialization in countries such as India, China, Japan, and South Korea, is forecast to bring ample growth opportunities for the global 2D and 3D machine vision systems market. Moreover, the early adoption of automation in the manufacturing industry and government initiatives such as the Advanced Manufacturing Partnership will further boost the growth of the 2D and 3D machine vision systems market.

Competitors in the Market

Cognex Corporation
ISRA Vision AG
Keyence Corporation
Datalogic SpA
Sick AG
Active Silicon Ltd
Baumer Optronic GmbH
Adimec Advanced Image Systems BV
Hexagon AB (Hexagon Manufacturing Intelligence)
Allied Vision Technologies GmbH
Flir Systems Inc.
FANUC Corp.
Mitsubishi Electric Corporation
Other Prominent Players
Market Segmentation

The global 2D and 3D machine vision systems market segmentation focuses on Product, Component, Industry Vertical, and Region.

By Product Outlook

PC-based
Smart Camera-based
By Component Outlook

Hardware
Vision Systems
Cameras
Optics and Illumination Systems
Frame Grabbers
Other Types of Hardware
Software
By Industry Vertical Outlook

Consumer Electronics
Automotive
Medical and Pharmaceuticals
Food and Beverage
Other Industry Verticals
By Regional Outlook

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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