Global Frame Grabber Market is valued at approximately USD 320.43 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2022-2029. Frame grabber solutions in vision systems are required for applications involving image data rates of greater than 120 MB. The market is anticipated to be driven by growing awareness of frame grabber benefits including high processing capacity and data-rate handling capabilities. Along with this, the demand for video surveillance market is rising which is increasing the demand for frame grabber market over the forecasted period. Along with this, rising sales of cameras is growing the demand for the market over the estimated period.
According to Statista, the global market for video surveillance was predicted to generate 74.6 billion US dollars in sales in 2025, up from 45.5 billion US dollars expected in 2020. The worldwide video surveillance industry is expected to grow to almost three times by 2025 as compare to 2016, according to the prediction. Moreover, the market is witnessing technological advancements such as integration of AI with frame grabber creating lucrative growth opportunities for the market over the forecasted period. Thus, the Global Frame Grabber Market is predicted to increase over the forecasted period. However, presence of large number of suppliers is limiting the market growth over the forecasted period.
The key regions considered for the Global Frame Grabber Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the space in terms of revenue, owing to the dominance of key market players and the region's increasing demand for machine vision systems. Asia Pacific is expected to grow significantly during the forecast period, the entire market is predicted to gain from growing service & solution provider penetration in Asia Pacific's developing economies.
Major market players included in this report are:
Matrox
ADLINK Technology Inc.
Advantech, Co., Ltd.
Euresys S.A.
ISRA Vision AG
KAYA Instruments
Teledyne DALSA Inc.
Pleora Technologies Inc.
Imperx, Inc.
Active Silicon
Recent Developments in the Market:
In May 2020, Advantech a leading provider of automation technology launched 10 GigE Vision frame grabber cards which is supporting one or two independent technologies. Thus, the market is witnessing rise over the forecasted period. As the revenue for the market is increasing with the help of the product launch.
In 2019, BitFlow which is a global supplier of frame grabber technology which is majorly used in machine vision has launched CoaXPress v2.0 for Japan Industrial Imaging Association (JIIA).
Global Frame Grabber Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, End-Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Web Inspection
Transportation Safety and Maintenance
Scientific
Factory Automation
Industrial Camera Manufacturer
Security
By End-Use:
OEMs
Manufacturers
System Integrators
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World