Insights Into The 3D Machine Vision Market’s Growth Potential 2024-2033
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The 3D machine vision market has undergone rapid expansion, starting at $1.82 billion in 2023 and escalating to $2.00 billion in 2024, with a significant CAGR of 10.0%. This growth is attributed to factors such as increased demand for robotics integration, a rising need for non-contact measurement solutions, enhanced defect detection capabilities, and a growing emphasis on workplace safety and production efficiency. Looking forward, the market is anticipated to witness robust growth, reaching $2.78 billion in 2028 with a CAGR of 8.6%. Factors fueling this growth include the expansion of e-commerce, acceleration in automation, growth in healthcare, demand for augmented reality and virtual reality applications, and the need for customized manufacturing solutions. Major trends in the forecast period include the integration of artificial intelligence (AI) algorithms, expansion of 3D machine vision in medical imaging, technological advancements, and adoption of 3D vision in quality control, along with strategic partnerships.
The forward momentum of the 3D machine vision market is poised to be enhanced by the burgeoning demand for robotics integration. Industries are increasingly integrating robotic systems into existing processes to amplify automation and efficiency, seeking to boost productivity, cost-effectiveness, and adaptability. The marriage of robotics integration and 3D machine vision empowers robots to interpret and respond to visual data with precision, particularly in tasks such as object recognition and manipulation. This surge underscores the pivotal role of robotics integration in propelling the 3D machine vision market, which registered $A billion in 2023 and is poised to reach $B billion by 2028.
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What Are The Key Trends That Influence 3D Machine Vision Market Share Analysis?
Leading firms in the 3D machine vision market are focusing on product innovations such as advanced sensing scanners to meet evolving demands for precision and efficiency in dimensional imaging and analysis. These technologies include laser scanning, structured light scanning, stereo vision, photogrammetry, computed tomography, ultrasound, and time-of-flight cameras for capturing three-dimensional data. For example, Photoneo s.r.o., a Slovakia-based provider of robotic vision and intelligence, introduced the Alpha 3D Scanner in June 2023. This plug-and-play device features structured light 3D sensing technology with a resolution of 1440 x 1080 and is optimized for straightforward machine vision tasks in logistics. It offers an optimal scanning distance up to 2331 mm, a maximum scanning distance of 3780 mm, and a rapid scanning time starting at 450 ms. Operating at 24V power with PoE capability, the Alpha 3D Scanner is compact at 416 x 68 x 86 mm and 950 g, maintaining an operational temperature range of 0–40 °C with an IP65 rating.
Which Market Players Are Driving Growth In The 3D Machine Vision Market?
Major companies operating in the market areOmron Corporation, Keyence Corporation, Hexagon AB, Zebra Technologies Corporation, Teledyne Technologies Incorporated, Synopsys Inc., Coherent Inc., Basler AG, Sick AG, National Instruments Corporation, Cognex Corporation, IFM Electronic GmbH, Pepperl+Fuchs Group, Teledyne DALSA Inc., Edmund Optics Inc., Isra Vision AG, Stemmer Imaging, LMI Technologies Inc., Baumer Group, JAI AS, Optotune AG, Zivid AS, MVTec Software GmbH, Nerian Vision Technologies, Photoneo s.r.o., Robotic Vision Technologies Inc., Zivid Labs AS, Roboception GmbH
How Is The Global 3D Machine Vision Market Segmented?
The 3D machine vision market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Product: Smart Camera-Based Systems, PC-Based Systems
3) By Application: Quality Assurance And Inspection, Positioning And Guidance, Measurement, Identification, Other Applications
4) By End-Use: Automotive, Pharmaceuticals And Chemicals, Electronics And Semiconductor, Pulp And Paper, Printing And Labelling, Food And Beverage, Postal And Logistics, Other End-Uses
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The 3D Machine Vision Global Market Report 2024 provides an overview of the 3d machine visionmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The 3d machine vision market forecast analyzes 3d machine vision market size, 3d machine vision market share, leading competitor and their market positions.
The Table Of Content For The 3D Machine Vision Market Include
1. 3D Machine Vision Market Executive Summary
2. 3D Machine Vision Market Segments
3. 3D Machine Vision Market Size And Template Market Growth Rate
4. Key 3D Machine Vision Market Trends
5. Major 3D Machine Vision Market Drivers
……
25. Key Mergers And Acquisitions In The 3D Machine Vision Market
26. Top 3D Machine Vision Companies
27. 3D Machine Vision Market Opportunities And Strategies
28. 3D Machine Vision Market, Conclusions And Recommendations
29. Appendix
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