3D machine vision market is expected to be valued at USD 2.13 billion by 2022

3D Machine Vision“3D machine vision market is expected to grow at a CAGR of 11.07% between 2017 and 2022”

The 3D machine vision market is expected to be valued at USD 2.13 billion by 2022, growing at a CAGR of 11.07% between 2016 and 2022. The market growth can be attributed to the increasing applications of 3D machine vision in the automotive and electronics industries. The recent advancements in the 3D machine vision technology, such as smart cameras and various imaging technologies have widened the scope of 3D machine vision in the industrial and non-industrial sectors. Some of the key factors driving the growth of this market are integration of 3D vision systems with robot controllers, rising demand for 3D object analyses in manufacturing applications, and increasing demand for non-industrial 3D machine vision systems. The major factors restraining the growth of the market include the changing requirements of customers and the lack of awareness and technical knowledge pertaining to 3D machine vision systems and solutions.

Request for Sample Market Report @ http://www.aarkstore.com/sample/165485

“PC-based systems are expected to hold the largest size of the market during the forecast period.”

PC-based systems are expected to hold the largest size of the market during the forecast period as these systems are preferred for complex inspection tasks or when a significant number of cameras are required for inspection-related tasks. A PC-based system provides higher processing power than an embedded smart camera processor. However, due to the decreasing costs of smart cameras and the increasing efficiency of operations, the market for smart camera-based systems is expected to grow at a higher rate than the market for PC-based systems.

“Hardware offerings held a major share of the 3D machine vision market in 2016.”

The hardware components in a machine vision system include cameras, frame grabbers, lighting, optics, and others. Camera is the principal component among the other components in the machine vision systems. The hardware offerings held a larger share of the 3D machine vision market in 2016 than the software offerings, and the trend is expected to remain the same during the forecast period.

“APAC is likely to be the fastest-growing market for 3D machine vision during the forecast period.”

The 3D machine vision market in APAC is expected to grow at a high rate during the forecast period. Factors such as the high adoption rate of new technologies decrease in manual inspection of goods, and increasing need for high-quality products are contributing to the growth of the 3D machine vision market in APAC.

Research Coverage
The 3D machine vision market, in this report, has been segmented on the basis of vertical, offering, product, application, and geography. The market on the basis of vertical has been segmented into industrial and non-industrial. The 3D machine vision market, by offering, comprises hardware and software.

Reasons to buy the market report

The report would help the market leaders/new entrants in this market in the following ways.
1. This report segments the 3D machine vision market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different applications and regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions carried out in the market.

Related Market Research Reports:

China 3D Printing of Metals Market Research Report 2017

China 3D Mobile Devices Market Research Report 2017

EMEA (Europe, Middle East and Africa) 3D Printing for Healthcare Market Report 2017

About Aarkstore:

Aarkstore Enterprise is among global marketing research companies involved in selling market reports across different industries and countries. We help serve thousands of clients annually with syndicated, custom market research and consulting. Collaborating with renowned market research partners, we have continued to etch our presence as an established as channel sales partner of market research intelligence on various frontiers. Clients from all sectors, including public, private, and commercial are endowed with best data modelling and processing structures with custom reports.

For further details, please Contact Us

Advertisements

Tagged: , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: