Vision Inspection Systems Market Size, Share, Forecast, & Trends Analysis Offering, Application, Type, Inspection Mode, End User & Geography- Global Forecast to 2031

Description

List of Tables

Vision Inspection Systems Market by Offering (Hardware, Software, Other), Application (Defect Detection, Others), Type (PC-based, Compact, Other), Inspection Mode, End User (F&B, Healthcare, Automotive, Others) & Geography-Global Forecast to 2031

The research report titled, 'Vision Inspection Systems Market by Offering (Hardware, Software, Other), Application (Defect Detection, Others), Type (PC-based, Compact, Other), Inspection Mode, End User (F&B, Healthcare, Automotive, Others) & Geography-Global Forecast to 2031', provides an in-depth analysis of the vision inspection systems market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The vision inspection systems market is projected to reach $23.5 billion by 2031, at a CAGR of 12.3% from 2024 to 2031.

Stringent regulatory regulations and compliances regarding product quality and safety, the rising need for automated inspection procedures, and increased adoption of industry 4.0 technologies are factors driving the growth of the vision inspection systems market. However, market growth is restrained by initial investment needs. Additionally, technical improvements in inspection systems, as well as increased usage of robot-assisted inspection systems, provide considerable potential opportunities for market players. The market faces substantial challenges, including compatibility and interoperability issues. Furthermore, the integration of AI technology is a major trend in the vision inspection systems market.

The vision inspection systems market is segmented by offering (hardware (vision sensors, lenses, lighting, cameras, processors, and peripheral devices), software, services (Deployment & Integration Services, Consulting Services, and Support & Maintenance Services)), application (identification inspection, quantity inspection, dimension measurement, positioning/alignment, verification, defect detection, and appearance inspection), type (PC based, smart camera-based, and compact), inspection mode (3D mode and 2D mode) and end user (electronics & semiconductor, aerospace & defense, healthcare, pharmaceutical, consumer goods, food & beverages, automotive, transportation & logistics, and other end users). This study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on offering, the vision inspection systems market is segmented into hardware, software, and services. In 2024, the hardware segment is expected to account for the largest share of over 59.0% of the vision inspection systems market. Increased adoption of vision inspection systems to enable precise inspection and defect detection, ensuring products meet quality standards, and increasing focus of key players on the development of vision inspection systems are factors contributing to the segment's dominant position in the vision inspection systems market. However, the software segment is expected to register the highest CAGR during the forecast period.

Based on application, the vision inspection systems market is segmented into identification inspection, quantity inspection, dimension measurement, positioning/alignment, verification, defect detection, and appearance inspection. In 2024, the defect detection segment is expected to account for the largest share of over 27.0% of the vision inspection systems market. Increased adoption of vision inspection systems among industries to enhance product quality, reduce waste, and improve customer satisfaction and high demand for quality control processes are factors contributing to the segment's dominant position in the vision inspection systems market. However, the identification inspection segment is expected to register the highest CAGR during the forecast period.

Based on type, the vision inspection systems market is segmented into PC-based, smart camera-based, and compact. In 2024, the PC-based segment is expected to account for the largest share of over 49.0% of the vision inspection systems market. Continuous improvements in camera and imaging technologies, increasing adoption of PC-based visual inspection systems in a fast-paced industrial environment, and rising emphasis on quality control across various sectors are factors contributing to the segment's dominant position in the vision inspection systems market. However, the smart camera-based segment is expected to register the highest CAGR during the forecast period.

Based on inspection mode, the vision inspection systems market is segmented into 3D mode and 2D mode. In 2024, the 2D mode segment is expected to account for a larger share of over 56.0% of the vision inspection systems market. Affordability and less complexity of 2D systems than 3D systems, the rising use of 2D vision inspection systems for barcode reading, pattern recognition, and quality inspection across various industries are factors contributing to the segment's dominant position in the vision inspection systems market. However, the 3D mode segment is expected to record the highest CAGR during the forecast period.

Based on end users, the vision inspection systems market is segmented into electronics & semiconductors, aerospace & defense, healthcare, pharmaceutical, consumer goods, food & beverages, automotive, transportation & logistics, and other end users. In 2024, the food & beverages segment is expected to account for the largest share of over 24.0% of the vision inspection systems market. Increased adoption of vision inspection systems by F&B manufacturers to ensure that products meet quality standards by detecting defects, contaminants, and packaging issues and increased automation of manufacturing processes are factors contributing to the segment's dominant position in the vision inspection systems market. However, the pharmaceutical segment is expected to record the highest CAGR during the forecast period.

Based on geography, the vision inspection systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 36.0% of the vision inspection systems market. Rapid industrialization, increased investment in industry 4.0 technologies, and strict regulations in various industries, particularly food and beverage, pharmaceuticals, and electronics, necessitate the use of reliable inspection systems are factors contributing to the region's dominant position in the vision inspection systems market. Moreover, Asia-Pacific is estimated to register the highest CAGR of 13.40% during the forecast period.

The vision inspection systems market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the vision inspection systems market are Teledyne Technologies Incorporated (U.S.), OMRON Corporation (Japan), Optel Vision Inc. (Canada), Cognex Corporation (U.S.), KEYENCE CORPORATION (Japan), FANUC CORPORATION (Japan), Mettler-Toledo International Inc. (U.S.), Antares Vision S.p.A. (Italy), Datalogic SpA (Italy), Averna Technologies Inc. (Canada), National Instruments Corporation (U.S.), Pleora Technologies Inc. (Canada), USS Vision LLC (U.S.), ISRA VISION GmbH (Germany), and Qualitas Technologies (India).

Key questions answered in the report-

Which are the high-growth market segments based on offering, application, type, inspection mode, and end user?
What was the historical market for vision inspection systems?
What are the market forecasts and estimates for the period 2024-2031?
What are the major drivers, restraints, and opportunities in the vision inspection systems market?
Who are the major players, and what shares do they hold in the vision inspection systems market?
What is the competitive landscape like in the vision inspection systems market?
What are the recent developments in the vision inspection systems market?
What are the different strategies adopted by the major players in the vision inspection systems market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the vision inspection systems market, and how do they compete with the other players?

Scope of the report:

Vision Inspection Systems Market Assessment-by Offering

Hardware
- Vision Sensors
- Lenses
- Lighting
- Cameras
- Processors
- Peripheral Devices
Software
Services
- Deployment & Integration Services
- Consulting Services
- Support & Maintenance Services

Vision Inspection Systems Market Assessment-by Application

Identification Inspection
Quantity Inspection
Dimension Measurement
Positioning/Alignment
Verification
Defect detection
Appearance Inspection

Vision Inspection Systems Market Assessment-by Type

PC Based
Smart Camera-based
Compact

Vision Inspection Systems Market Assessment-by Inspection Mode

2D Mode
3D Mode

Vision Inspection Systems Market Assessment-by End User

Electronics & Semiconductors
Aerospace & Defense
Healthcare
Pharmaceutical
Consumer Goods
Food & Beverage
Automotive
Transportation & Logistics
Other End Users

Vision Inspection Systems Market Assessment-by Geography

North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Sweden
- Switzerland
- Netherlands
- Norway
- Austria
- Denmark
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Malaysia
- Taiwan
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- Israel
- UAE
- Rest of Middle East & Africa

Product Code: MRSE - 1041290

1. Introduction

1.1. Market Definition & Scope
1.2. Currency & Limitations
- 1.2.1. Currency
- 1.2.2. Limitations

2. Research Methodology

2.1. Research Approach
2.2. Process of Data Collection and Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast
2.4. Assumptions for the Study

3. Executive Summary

3.1. Market Overview
3.2. Market Analysis, by Offering
3.3. Market Analysis, by Application
3.4. Market Analysis, by Type
3.5. Market Analysis, by Inspection Mode
3.6. Market Analysis, by End User
3.7. Market Analysis, by Geography
3.8. Competition Analysis

4. Market Insights

4.1. Overview
4.2. Factors Affecting Market Growth
- 4.2.1. Drivers
  - 4.2.1.1. Stringent Government Regulations & Compliances Related to Product Quality & Safety
  - 4.2.1.2. Growing Demand for Automated Inspection Processes
  - 4.2.1.3. Increasing Adoption of Industry 4.0 Technologies
- 4.2.2. Restraints
  - 4.2.2.1. High Initial Investment Requirements
- 4.2.3. Opportunities
  - 4.2.3.1. Technological Advancements in Inspection Systems
  - 4.2.3.2. Growing Adoption of Robot-assisted Inspection Systems
- 4.2.4. Challenges
  - 4.2.4.1. Compatibility and Interoperability Challenges
4.3. Trends
- 4.3.1. Integration of AI Technologies
4.4. Case Study
4.5. Vendor Selection Criteria/Factors Influencing Buying Decisions

5. Vision Inspection Systems Market Assessment-by Offering

5.1. Overview
5.2. Hardware
- 5.2.1. Vision Sensors
- 5.2.2. Lenses
- 5.2.3. Lighting
- 5.2.4. Cameras
- 5.2.5. Processors
- 5.2.6. Peripheral Devices
5.3. Software
5.4. Services
- 5.4.1. Deployment & Integration Services
- 5.4.2. Consulting Services
- 5.4.3. Support & Maintenance Services

6. Vision Inspection Systems Market Assessment-by Application

6.1. Overview
6.2. Identification Inspection
6.3. Quantity Inspection
6.4. Dimension Measurement
6.5. Positioning/Alignment
6.6. Verification
6.7. Defect Detection
6.8. Appearance Inspection

7. Vision Inspection Systems Market Assessment-by Type

7.1. Overview
7.2. PC-based
7.3. Smart Camera-based
7.4. Compact

8. Vision Inspection Systems Market Assessment-by Inspection Mode

8.1. Overview
8.2. 2D Mode
8.3. 3D Mode

9. Vision Inspection Systems Market Assessment-by End User

9.1. Overview
9.2. Electronics & Semiconductor
9.3. Aerospace & Defense
9.4. Healthcare
9.5. Pharmaceutical
9.6. Consumer Goods
9.7. Food & Beverages
9.8. Automotive
9.9. Transportation & Logistics
9.10. Other End Users

10. Vision Inspection Systems Market Assessment-by Geography

10.1. Overview
10.2. Europe
- 10.2.1. U.K.
- 10.2.2. Germany
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Sweden
- 10.2.7. Switzerland
- 10.2.8. Netherlands
- 10.2.9. Norway
- 10.2.10. Austria
- 10.2.11. Denmark
- 10.2.12. Rest of Europe
10.3. Asia-Pacific
- 10.3.1. China
- 10.3.2. Japan
- 10.3.3. India
- 10.3.4. South Korea
- 10.3.5. Singapore
- 10.3.6. Australia
- 10.3.7. Malaysia
- 10.3.8. Taiwan
- 10.3.9. Rest of Asia-Pacific
10.4. North America
- 10.4.1. U.S.
- 10.4.2. Canada
10.5. Latin America
- 10.5.1. Brazil
- 10.5.2. Mexico
- 10.5.3. Rest of Latin America
10.6. Middle East & Africa
- 10.6.1. Israel
- 10.6.2. UAE
- 10.6.3. Rest of Middle East & Africa

11. Competition Analysis

11.1. Overview
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
11.4. Competitive Dashboard
- 11.4.1. Industry Leaders
- 11.4.2. Market Differentiators
- 11.4.3. Vanguards
- 11.4.4. Emerging Companies
11.5. Market Ranking by Key Players

12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments)

12.1. Teledyne Technologies Incorporated
12.2. OMRON Corporation
12.3. Optel Vision Inc.
12.4. Cognex Corporation
12.5. KEYENCE CORPORATION
12.6. FANUC CORPORATION
12.7. Mettler-Toledo International Inc.
12.8. Antares Vision S.p.A.
12.9. Datalogic SpA
12.10. Averna Technologies Inc.
12.11. National Instruments Corporation
12.12. Pleora Technologies Inc.
12.13. SS Vision LLC
12.14. ISRA VISION GmbH
12.15. Qualitas Technologies

(Note: SWOT analysis of the top 5 companies will be provided.)

13. Appendix

13.1. Available Customizations
13.2. Related Reports