Global Machine Vision Market – Analysis and Forecast (2025–2030)

Industry Overview

The market for machine vision is expected to reach USD 14.8 billion by 2030, expanding at a CAGR of 6.2% over the forecast period, from USD 9.85 billion in 2023. The demand for quality inspection and automation in numerous industrial verticals is on the rise, as the need for vision-guided robotic systems in a variety of sectors, including the chemical, packaging, pharmaceutical, food & beverage, and automotive.

Machine Vision Market Segmentation

Insight by Offering

The global machine vision market is separated into hardware and software, based on offer. The hardware category dominated the market in 2021, and during the forecast period, it is projected to increase more quickly. 

Insight by Product

The global machine vision market is divided into two categories based on product: PC-based and smart-camera-based. The PC-based category held the largest market share in 2021, and it is expected to continue dominating the industry throughout the study period. However, during the projected period, the demand for smart camera-based systems is projected to increase at the quickest rate in the coming years. This is because 3D imaging uses cameras more frequently now.

Insight by Application

The positioning & guiding, identification, measurement, and quality assurance & inspection applications make up the worldwide machine vision market. The quality assurance & inspection category dominated the market during the research period and be the largest among all categories in the coming years. However, during the projected period, the identification category is expected to develop at the quickest rate. This is due to the numerous benefits and opportunities provided by technology on a global scale.

Insight by End User

The automotive, electronics and semiconductor, pharmaceuticals and chemicals, pulp and paper, food and beverage (packaging and bottling), postal and logistics, printing and labeling, and glass and metal sectors are key end users in the worldwide machine vision market. The automotive sector accounts for the largest market share, and it is anticipated to continue dominating the industry throughout the study period.

In the automobile sector, machine vision is mostly used for inspection tasks such as absence or presence verification, assembly confirmation, error proofing, and final inspection. In addition, dimensional gauging, robotic guidance, and testing automation are further uses of machine vision systems that fall under the category of gauge, measure, and guide applications.

Global Machine Vision Market Report Coverage

Industry Dynamics

Machine Vision Market Growth Drivers

The surging adoption of 3D machine vision systems, the increasing demand for quality control and automation, the rising need for vision-guided robotics systems, the growing inspection in the food and packaging industries, and the increasing demand for ASICs are the main factors propelling the growth of the global machine vision market.

Globally, manufacturers want to boost their investments in automation following COVID-19. Additionally, as companies have come to understand the value of automated quality assurance in manufacturing processes, the demand for this technology has grown. The COVID-19 epidemic has accelerated the deployment of automation since it requires fewer human interventions in the process. This broadens the perception of machine vision as a necessary component of processes for developing long-term automation.

Machine Vision Market Challenges

The biggest challenge for machine vision producers is likely a lack of adaptable machine vision solutions and a shortage of experienced workers in production facilities. 

Machine Vision Market Opportunities

The market offers several opportunities to players, due to the following reasons:

• Increasing need for machine vision applications of artificial intelligence (AI)

• Rising production of hybrid and electric vehicles

• Government programs to advance technology connected to AI

Machine Vision Market Geographic Overview

Geographically, the machine vision market's greatest source of income comes from APAC. In comparison to other regions, the APAC countries particularly China, Japan, Taiwan, South Korea, and India, are experiencing a growth in the usage of machine vision products and solutions. Moreover, the APAC machine vision market is projected to expand more quickly, due to the rising R&D expenditures as well as expanding manufacturing and electronics sectors.

Machine Vision Market Competitive Insight

Some of the key players operating in the global machine vision market are Basler AG, Microscan Systems Inc., OMRON Corporation, Cognex Corporation, Keyence Corporation, Sick AG, National Instruments Corporation, ISRA Vision, Intel Corporation, and FLIR Systems.

Basler is a leading international supplier of products for computer vision applications, including lenses, frame grabbers, cameras, lighting and image processing software.

Microscan is a global leader in technology for precision data acquisition and control solutions serving a wide range of automation and OEM applications.

Recent Development by Key Players

OMRON Corporation has launched the Data Solution Business Headquarters. The DSB will not only expand business in the healthcare domain but also identify opportunities for data solution business in other domains, such as industrial automation and social solution domains and establish specialized organizations to advance their business development and market implementation, to ultimately help solve social challenges through data solutions.

Cognex Corporation acquired Moritex Corporation. Cognex is a global manufacturer of machine vision systems and products, including sensors, bar code readers, software, and other tools. Moritex, also a  global presence, produces machine vision products such as high-spec lenses and industrial lighting solutions; it also produces medical and cosmetic equipment.

Forecast Parameters

•    Identifying variables and establishing market impact.
•    Establishing market trends regionally.
•    Analyzing opportunities and market penetration rates by understanding product commercialization, and regional expansion.
•    Analyzing demand and supply trends and changes in industry dynamics to establish future growth.
•    Analyzing sustainability strategies adhered to by market participants in an attempt to determine the future course of the market.
•    Analyzing historical market trends and super-imposing them on the current and future variables to determine year-on-year trends.
•    Understanding adoption, development, distribution, and regulatory framework.
Data Validation
•    Estimated and forecasted data was validated through industry experts.
•    Apart from industry experts, data triangulation methods were used for validation.
• Bottom-up and top-down approach has been used for estimation and forecast of market data, whereas the top-down approach was used for validation.
•    Demand, as well as supply side surveys, were conducted in order to understand the industry dynamics and data validation.

Research Phases

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

Source: VynZ Research

Source: VynZ Research

The Machine Vision Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2022–2030.

Segments Covered in the Report

• By Offering 
  • Hardware
  • Software
• By Product
  • PC Based
  • Smart Camera-Based
• By Application
  • Quality Assurance and Inspection
  • Positioning and Guidance
  • Measurement
  • Identification
• By End User
  • Automotive
  • Pharmaceuticals & Chemicals
  • Electronics & Semiconductor
  • Pulp & Paper
  • Printing & Labeling
  • Food & Beverage (Packaging and Bottling)
  • Glass & Metal
  • Postal & Logistics
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Offering
                1.2.2.    By Product
                1.2.3.    By Application
                1.2.4.    By End User
                1.2.5.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Offering    
                5.1.1.    Hardware
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030
                5.1.2.    Software
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
        5.2.    By Product
                5.2.1.    PC Based
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Smart Camera-Based
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
        5.3.    By Application
                5.3.1.    Quality Assurance and Inspection
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.2.    Positioning and Guidance
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.3.    Measurement
                        5.3.3.1. Market Definition
                        5.3.3.2. Market Estimation and Forecast to 2030
                5.3.4.    Identification
                        5.3.4.1. Market Definition
                        5.3.4.2. Market Estimation and Forecast to 2030
        5.4.    By End User
                5.4.1.    Automotive
                        5.4.1.1. Market Definition
                        5.4.1.2. Market Estimation and Forecast to 2030
                5.4.2.    Pharmaceuticals & Chemicals
                        5.4.2.1. Market Definition
                        5.4.2.2. Market Estimation and Forecast to 2030
                5.4.3.    Electronics & Semiconductor
                        5.4.3.1. Market Definition
                        5.4.3.2. Market Estimation and Forecast to 2030
                5.4.4.    Pulp & Paper
                        5.4.4.1. Market Definition
                        5.4.4.2. Market Estimation and Forecast to 2030
                5.4.5.    Printing & Labeling
                        5.4.5.1. Market Definition
                        5.4.5.2. Market Estimation and Forecast to 2030
                5.4.6.    Food & Beverage (Packaging and Bottling)
                        5.4.6.1. Market Definition
                        5.4.6.2. Market Estimation and Forecast to 2030
                5.4.7.    Glass & Metal
                        5.4.7.1. Market Definition
                        5.4.7.2. Market Estimation and Forecast to 2030
                5.4.8.    Postal & Logistics
                        5.4.8.1. Market Definition
                        5.4.8.2. Market Estimation and Forecast to 2030
                5.4.9.    Others
                        5.4.9.1. Market Definition
                        5.4.9.2. Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Offering
        6.2.    By Product
        6.3.    By Application
        6.4.    By End User
        6.5.    By Country
                6.5.1.    U.S. Market Estimate and Forecast
                6.5.2.    Canada Market Estimate and Forecast
                6.5.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Offering
        7.2.    By Product
        7.3.    By Application
        7.4.    By End User
        7.5.    By Country
                7.5.1.    Germany Market Estimate and Forecast
                7.5.2.    France Market Estimate and Forecast
                7.5.3.    U.K. Market Estimate and Forecast
                7.5.4.    Italy Market Estimate and Forecast
                7.5.5.    Spain Market Estimate and Forecast
                7.5.6.    Russia Market Estimate and Forecast
                7.5.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Offering
        8.2.    By Product
        8.3.    By Application
        8.4.    By End User
        8.5.    By Country 
                8.5.1.    China Market Estimate and Forecast
                8.5.2.    Japan Market Estimate and Forecast
                8.5.3.    India Market Estimate and Forecast
                8.5.4.    South Korea Market Estimate and Forecast
                8.5.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Offering
        9.2.    By Product
        9.3.    By Application
        9.4.    By End User
        9.5.    By Country
                9.5.1.    Brazil Market Estimate and Forecast
                9.5.2.    Saudi Arabia Market Estimate and Forecast
                9.5.3.    South Africa Market Estimate and Forecast
                9.5.4.    U.A.E. Market Estimate and Forecast
                9.5.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Microscan Systems, Inc.
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Basler AG
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    OMRON Corporation
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Keyence Corporation
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Cognex Corporation
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    National Instruments Corporation
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Intel Corporation
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    ISRA Vision
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Sick AG
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    FLIR Systems
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Machine Vision Market Size, by Offering, 2018-2023 (USD Billion)
Table 5 Global Machine Vision Market Size, by Offering, 2025-2030 (USD Billion)
Table 6 Global Machine Vision Market Size, by Product, 2018-2023 (USD Billion)
Table 7 Global Machine Vision Market Size, by Product, 2025-2030 (USD Billion)
Table 8 Global Machine Vision Market Size, by Application, 2018-2023 (USD Billion)
Table 9 Global Machine Vision Market Size, by Application, 2025-2030 (USD Billion)
Table 10 Global Machine Vision Market Size, by End User, 2018-2023 (USD Billion)
Table 11 Global Machine Vision Market Size, by End User, 2025-2030 (USD Billion)
Table 12 Global Machine Vision Market Size, by Region, 2018-2023 (USD Billion)
Table 13 Global Machine Vision Market Size, by Region, 2025-2030 (USD Billion)
Table 14 North America Machine Vision Market Size, by Offering, 2018-2023 (USD Billion)
Table 15 North America Machine Vision Market Size, by Offering, 2025-2030 (USD Billion)
Table 16 North America Machine Vision Market Size, by Product, 2018-2023 (USD Billion)
Table 17 North America Machine Vision Market Size, by Product, 2025-2030 (USD Billion)
Table 18 North America Machine Vision Market Size, by Application, 2018-2023 (USD Billion)
Table 19 North America Machine Vision Market Size, by Application, 2025-2030 (USD Billion)
Table 20 North America Machine Vision Market Size, by End User, 2018-2023 (USD Billion)
Table 21 North America Machine Vision Market Size, by End User, 2025-2030 (USD Billion)
Table 22 North America Machine Vision Market Size, by Country, 2018-2023 (USD Billion)
Table 23 North America Machine Vision Market Size, by Country, 2025-2030 (USD Billion)
Table 24 Europe Machine Vision Market Size, by Offering, 2018-2023 (USD Billion)
Table 25 Europe Machine Vision Market Size, by Offering, 2025-2030 (USD Billion)
Table 26 Europe Machine Vision Market Size, by Product, 2018-2023 (USD Billion)
Table 27 Europe Machine Vision Market Size, by Product, 2025-2030 (USD Billion)
Table 28 Europe Machine Vision Market Size, by Application, 2018-2023 (USD Billion)
Table 29 Europe Machine Vision Market Size, by Application, 2025-2030 (USD Billion)
Table 30 Europe Machine Vision Market Size, by End User, 2018-2023 (USD Billion)
Table 31 Europe Machine Vision Market Size, by End User, 2025-2030 (USD Billion)
Table 32 Europe Machine Vision Market Size, by Country, 2018-2023 (USD Billion)
Table 33 Europe Machine Vision Market Size, by Country, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Machine Vision Market Size, by Offering, 2018-2023 (USD Billion)
Table 35 Asia-Pacific Machine Vision Market Size, by Offering, 2025-2030 (USD Billion)
Table 36 Asia-Pacific Machine Vision Market Size, by Product, 2018-2023 (USD Billion)
Table 37 Asia-Pacific Machine Vision Market Size, by Product, 2025-2030 (USD Billion)
Table 38 Asia-Pacific Machine Vision Market Size, by Application, 2018-2023 (USD Billion)
Table 39 Asia-Pacific Machine Vision Market Size, by Application, 2025-2030 (USD Billion)
Table 40 Asia-Pacific Machine Vision Market Size, by End User, 2018-2023 (USD Billion)
Table 41 Asia-Pacific Machine Vision Market Size, by End User, 2025-2030 (USD Billion)
Table 42 Asia-Pacific Machine Vision Market Size, by Country, 2018-2023 (USD Billion)
Table 43 Asia-Pacific Machine Vision Market Size, by Country, 2025-2030 (USD Billion)
Table 44 RoW Machine Vision Market Size, by Offering, 2018-2023 (USD Billion)
Table 45 RoW Machine Vision Market Size, by Offering, 2025-2030 (USD Billion)
Table 46 RoW Machine Vision Market Size, by Product, 2018-2023 (USD Billion)
Table 47 RoW Machine Vision Market Size, by Product, 2025-2030 (USD Billion)
Table 48 RoW Machine Vision Market Size, by Application, 2018-2023 (USD Billion)
Table 49 RoW Machine Vision Market Size, by Application, 2025-2030 (USD Billion)
Table 50 RoW Machine Vision Market Size, by End User, 2018-2023 (USD Billion)
Table 51 RoW Machine Vision Market Size, by End User, 2025-2030 (USD Billion)
Table 52 RoW Machine Vision Market Size, by Country, 2018-2023 (USD Billion)
Table 53 RoW Machine Vision Market Size, by Country, 2025-2030 (USD Billion)
Table 54 Snapshot – Microscan Systems, Inc.
Table 55 Snapshot – Basler AG
Table 56 Snapshot – OMRON Corporation
Table 57 Snapshot – Keyence Corporation
Table 58 Snapshot – Cognex Corporation
Table 59 Snapshot – National Instruments Corporation
Table 60 Snapshot – Intel Corporation
Table 61 Snapshot – ISRA Vision
Table 62 Snapshot – Sick AG
Table 63 Snapshot – FLIR Systems

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Machine Vision Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Machine Vision Market Highlight
Figure 12 Global Machine Vision Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 13 Global Machine Vision Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 14 Global Machine Vision Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 15 Global Machine Vision Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 16 Global Machine Vision Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 17 North America Machine Vision Market Highlight
Figure 18 North America Machine Vision Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 19 North America Machine Vision Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 20 North America Machine Vision Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 21 North America Machine Vision Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 22 North America Machine Vision Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 23 Europe Machine Vision Market Highlight
Figure 24 Europe Machine Vision Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 25 Europe Machine Vision Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 26 Europe Machine Vision Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 27 Europe Machine Vision Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 28 Europe Machine Vision Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Machine Vision Market Highlight
Figure 30 Asia-Pacific Machine Vision Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Machine Vision Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Machine Vision Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific Machine Vision Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Machine Vision Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 35 RoW Machine Vision Market Highlight
Figure 36 RoW Machine Vision Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 37 RoW Machine Vision Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 38 RoW Machine Vision Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 39 RoW Machine Vision Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 40 RoW Machine Vision Market Size, by Country, 2018 - 2030 (USD Billion)