Machine Vision Market Size, Share, and Trends 2024 to 2034

The global machine vision market size is calculated at USD 23.06 billion in 2025 and is forecasted to reach around USD 69.49 billion by 2034, accelerating at a CAGR of 13.04% from 2025 to 2034. The Asia pacific market size surpassed USD 8.98 billion in 2024 and is expanding at a CAGR of 13.16% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 5978
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Machine Vision Market 

5.1. COVID-19 Landscape: Machine Vision Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Machine Vision Market, By Offering

8.1. Machine Vision Market Revenue and Volume Forecast, by Offering

8.1.1. Hardware

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Camera

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. 2D

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. 3D

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Frame Grabber

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Optics/Lenses

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. LED Lighting

8.1.7.1. Market Revenue and Volume Forecast

8.1.8. Processor

8.1.8.1. Market Revenue and Volume Forecast

8.1.9. Software

8.1.9.1. Market Revenue and Volume Forecast

8.1.10. Barcode Reading

8.1.10.1. Market Revenue and Volume Forecast

8.1.11. Standard Algorithm

8.1.11.1. Market Revenue and Volume Forecast

8.1.12. Deep Learning Software

8.1.12.1. Market Revenue and Volume Forecast

8.1.13. Services

8.1.13.1. Market Revenue and Volume Forecast

8.1.14.2. Integration

8.1.14.1. Market Revenue and Volume Forecast

8.1.15. Solution Management

8.1.15.1. Market Revenue and Volume Forecast

Chapter 9. Global Machine Vision Market, By Product

9.1. Machine Vision Market Revenue and Volume Forecast, by Product

9.1.1. PC Based

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Smart Camera Based

9.1.2.1. Market Revenue and Volume Forecast

Chapter 10. Global Machine Vision Market, By Application

10.1. Machine Vision Market Revenue and Volume Forecast, by Application

10.1.1. Quality Assurance and Inspection

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Positioning and Guidance

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Measurement

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Identification

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Predictive Maintenance

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Machine Vision Market, By End-use

11.1. Machine Vision Market Revenue and Volume Forecast, by End-use

11.1.1. Automotive

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Pharmaceuticals and Chemicals

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Electronics and Semiconductor

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Pulp and Paper

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Printing and Labeling

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Food and Beverage (Packaging and Bottling)

11.1.6.1. Market Revenue and Volume Forecast

11.1.7. Glass and Metal

11.1.7.1. Market Revenue and Volume Forecast

11.1.8. Postal and Logistics

11.1.8.1. Market Revenue and Volume Forecast

11.1.9. Others

11.1.9.1. Market Revenue and Volume Forecast

Chapter 12. Global Machine Vision Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Offering

12.1.2. Market Revenue and Volume Forecast, by Product

12.1.3. Market Revenue and Volume Forecast, by Application

12.1.4. Market Revenue and Volume Forecast, by End-use

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Offering

12.1.5.2. Market Revenue and Volume Forecast, by Product

12.1.5.3. Market Revenue and Volume Forecast, by Application

12.1.5.4. Market Revenue and Volume Forecast, by End-use

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Offering

12.1.6.2. Market Revenue and Volume Forecast, by Product

12.1.6.3. Market Revenue and Volume Forecast, by Application

12.1.6.4. Market Revenue and Volume Forecast, by End-use

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Offering

12.2.2. Market Revenue and Volume Forecast, by Product

12.2.3. Market Revenue and Volume Forecast, by Application

12.2.4. Market Revenue and Volume Forecast, by End-use

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Offering

12.2.5.2. Market Revenue and Volume Forecast, by Product

12.2.5.3. Market Revenue and Volume Forecast, by Application

12.2.5.4. Market Revenue and Volume Forecast, by End-use

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Offering

12.2.6.2. Market Revenue and Volume Forecast, by Product

12.2.6.3. Market Revenue and Volume Forecast, by Application

12.2.6.4. Market Revenue and Volume Forecast, by End-use

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Offering

12.2.7.2. Market Revenue and Volume Forecast, by Product

12.2.7.3. Market Revenue and Volume Forecast, by Application

12.2.7.4. Market Revenue and Volume Forecast, by End-use

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Offering

12.2.8.2. Market Revenue and Volume Forecast, by Product

12.2.8.3. Market Revenue and Volume Forecast, by Application

12.2.8.4. Market Revenue and Volume Forecast, by End-use

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Offering

12.3.2. Market Revenue and Volume Forecast, by Product

12.3.3. Market Revenue and Volume Forecast, by Application

12.3.4. Market Revenue and Volume Forecast, by End-use

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Offering

12.3.5.2. Market Revenue and Volume Forecast, by Product

12.3.5.3. Market Revenue and Volume Forecast, by Application

12.3.5.4. Market Revenue and Volume Forecast, by End-use

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Offering

12.3.6.2. Market Revenue and Volume Forecast, by Product

12.3.6.3. Market Revenue and Volume Forecast, by Application

12.3.6.4. Market Revenue and Volume Forecast, by End-use

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Offering

12.3.7.2. Market Revenue and Volume Forecast, by Product

12.3.7.3. Market Revenue and Volume Forecast, by Application

12.3.7.4. Market Revenue and Volume Forecast, by End-use

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Offering

12.3.8.2. Market Revenue and Volume Forecast, by Product

12.3.8.3. Market Revenue and Volume Forecast, by Application

12.3.8.4. Market Revenue and Volume Forecast, by End-use

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Offering

12.4.2. Market Revenue and Volume Forecast, by Product

12.4.3. Market Revenue and Volume Forecast, by Application

12.4.4. Market Revenue and Volume Forecast, by End-use

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Offering

12.4.5.2. Market Revenue and Volume Forecast, by Product

12.4.5.3. Market Revenue and Volume Forecast, by Application

12.4.5.4. Market Revenue and Volume Forecast, by End-use

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Offering

12.4.6.2. Market Revenue and Volume Forecast, by Product

12.4.6.3. Market Revenue and Volume Forecast, by Application

12.4.6.4. Market Revenue and Volume Forecast, by End-use

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Offering

12.4.7.2. Market Revenue and Volume Forecast, by Product

12.4.7.3. Market Revenue and Volume Forecast, by Application

12.4.7.4. Market Revenue and Volume Forecast, by End-use

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Offering

12.4.8.2. Market Revenue and Volume Forecast, by Product

12.4.8.3. Market Revenue and Volume Forecast, by Application

12.4.8.4. Market Revenue and Volume Forecast, by End-use

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Offering

12.5.2. Market Revenue and Volume Forecast, by Product

12.5.3. Market Revenue and Volume Forecast, by Application

12.5.4. Market Revenue and Volume Forecast, by End-use

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Offering

12.5.5.2. Market Revenue and Volume Forecast, by Product

12.5.5.3. Market Revenue and Volume Forecast, by Application

12.5.5.4. Market Revenue and Volume Forecast, by End-use

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Offering

12.5.6.2. Market Revenue and Volume Forecast, by Product

12.5.6.3. Market Revenue and Volume Forecast, by Application

12.5.6.4. Market Revenue and Volume Forecast, by End-use

Chapter 13. Company Profiles

13.1. Cognex Corporation

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial PerOfferingance

13.1.4. Recent Initiatives

13.2. Keyence Corporation,

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial PerOfferingance

13.2.4. Recent Initiatives

13.3. LMI Technologies, Inc. (A subsidiary of TKH Group NV)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial PerOfferingance

13.3.4. Recent Initiatives

13.4. Stemmer Imaging

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial PerOfferingance

13.4.4. Recent Initiatives

13.5. National Instruments Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial PerOfferingance

13.5.4. Recent Initiatives

13.6. OMRON Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial PerOfferingance

13.6.4. Recent Initiatives

13.7. Sick AG

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial PerOfferingance

13.7.4. Recent Initiatives

13.8. Tordivel AS

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial PerOfferingance

13.8.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global machine vision market size is expected to grow from USD 20.4 billion in 2024 to USD 69.49 billion by 2034.

The machine vision market is anticipated to grow at a CAGR of 13.04% between 2025 and 2034.

The major players operating in the machine vision market are Cognex Corporation, Keyence Corporation, LMI Technologies, Inc. (A subsidiary of TKH Group NV), Stemmer Imaging, National Instruments Corporation, OMRON Corporation, Sick AG, Tordivel AS, and Others.

The driving factors of the machine vision market are the growing need for productivity and quality inspection is the key factor driving market growth. Also, the rise in implementation of innovative technologies by major players, coupled with the rising need for machine vision systems, can fuel market growth further.

Asia Pacific region will lead the global machine vision market during the forecast period 2025 to 2034.

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