Global Computer Vision Market Report 2018-2023 - Growing Demand for Vision-Guided Robotic Systems is Driving the Market

DUBLIN, March 15, 2018 /PRNewswire/ --

The "Computer Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor) and Software (Deep Learning and Traditional Software)), Product (PC Based and Smart Camera Based), Application, Vertical - Global Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.

The overall computer vision market is expected to be valued at USD 11.94 Billion in 2018 and is likely to reach USD 17.38 Billion by 2023, at a CAGR of 7.80% between 2018 and 2023.

The growth of the market can be attributed to the rising adoption of Industry 4.0 and advanced manufacturing 2.0 practices in Europe and the US, and the increasing demand for automation technologies in emerging countries such as China and India. Growth in the non-industrial vertical, comprising autonomous and semiautonomous vehicles, consumer drones, wearable devices, and sports and entertainment, is also contributing to the growth of the computer vision market.

The computer vision market for software is expected to grow at a high rate between 2018 and 2023. Innovations in computer vision software, along with the introduction of deep learning and AI technologies, are expected to accelerate the growth of the computer vision market for software during the forecast period as deep learning-based computer vision software helps in minimizing human intervention and provides a real-time solution for industrial and non -industrial applications.

Among all applications, the market for predictive maintenance applications is likely to grow at the highest rate between 2018 and 2023. Predictive maintenance is critical in manufacturing industries. Currently, computer vision systems have low penetration in this application area; however, with the advancements in IoT and artificial intelligence technologies, the market for predictive maintenance applications is expected to grow during the forecast period.

Among all industries in the industrial vertical, the market for the food and packaging industry is expected to grow at the highest rate between 2018 and 2023. The growth of the market for the food industry and packaging industry is attributed to the increasing implementation of government rules pertaining to safety in manufacturing plants and rising necessity to identify and combat counterfeit products. The packaging industry is experiencing a sharp growth due to the booming e-commerce industry worldwide, especially in China and India. As a result, this industry is adopting automatized operation systems to meet the increasing consumer demand. Among all industries in the non-industrial vertical, the market for the autonomous and semiautonomous vehicles industry is expected to grow at the highest rate between 2018 and 2023. The ongoing developments in advanced safety systems, such as computer vision-integrated ADAS systems, are fueling the growth of the computer vision market for the autonomous and semiautonomous vehicles.

APAC held the largest share of the computer vision market in 2017, and the market in APAC is expected to grow at a high rate between 2018 and 2023. China has been a potential market for all the emerging technologies, including computer vision. Its massive manufacturing industries have contributed to the growth and prosperity of the country. Increasing manufacturing facilities and growing industrial base in China are among the key factors driving the growth of the computer vision market in APAC. Owing to the ongoing developments and increased investments in vision-related R&D activities, APAC is expected to be the fastest-growing market for machine vision.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Computer Vision Market
4.2 Computer Vision Market, By Application (2017-2023)
4.3 Computer Vision Market in APAC, By Country and Vertical
4.4 Computer Vision Market, By Geography (2017)
4.5 Computer Vision Market, By Product and Application

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Need for Quality Inspection and Automation
5.2.1.2 Growing Demand for Vision-Guided Robotic Systems
5.2.1.3 Rising Demand for Application-Specific Computer Vision Systems
5.2.1.4 Increasing Adoption of 3d Computer Vision Systems
5.2.2 Restraints
5.2.2.1 Varying End-User Requirements
5.2.2.2 Lack of Flexible Computer Vision Solutions
5.2.3 Opportunities
5.2.3.1 Growing Adoption of Industrial 4.0
5.2.3.2 Increasing Manufacturing of Hybrid and Electric Cars
5.2.3.3 Government Initiatives to Support Industrial Automation
5.2.3.4 Increasing Demand for Artificial Intelligence (AI) in Computer Vision
5.2.3.4.1 Government Initiatives to Boost AI-Related Technologies
5.2.3.5 Rising Adoption of Computer Vision Systems in Uavs
5.2.4 Challenges
5.2.4.1 Complexity in Integrating Computer Vision Systems
5.2.4.2 Lack of User Awareness About Rapidly Changing Computer Vision Technology
5.3 Value Chain Analysis
5.3.1 R&D
5.3.2 Computer Vision Component Manufacturers
5.3.3 Original Equipment Manufacturers (OEMS)
5.3.4 System Integrators
5.3.5 Resellers and Distributors
5.3.6 End Users

6 Computer Vision Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Cameras
6.2.1.1 Interface Standards
6.2.1.1.1 USB 2.0
6.2.1.1.2 USB 3.0
6.2.1.1.3 Camera Link
6.2.1.1.4 Camera Link HS
6.2.1.1.5 Gige
6.2.1.1.6 Others (Coaxpress, EMVA-1288, Genicam)
6.2.1.2 By Frame Rate
6.2.1.2.1 <_5 />6.2.1.2.2 25-125 FPS
6.2.1.2.3 More Than 125 FPS
6.2.1.3 By Format
6.2.1.3.1 Line Scan
6.2.1.3.2 Area Scan
6.2.1.4 By Sensor Type
6.2.1.4.1 CMOS
6.2.1.4.2 CCD
6.2.2 Frame Grabbers
6.2.3 Optics
6.2.4 LED Lighting
6.2.5 Processors
6.2.5.1 FPGAS
6.2.5.2 DSPS
6.2.5.3 Microcontrollers and Microprocessors
6.2.5.4 VPUS
6.3 Software
6.3.1 Traditional Computer Vision
6.3.2 Deep Learning

7 Computer Vision Market, By Product
7.1 Introduction
7.2 Pc-Based Computer Vision Systems
7.3 Smart Cameras-Based Computer Vision Systems

8 Computer Vision Market, By Application
8.1 Introduction
8.2 Quality Assurance & Inspection
8.3 Positioning & Guidance
8.4 Measurement
8.5 Identification
8.6 Predictive Maintenance

9 Computer Vision Market, By Vertical
9.1 Introduction
9.2 Industrial Vertical
9.2.1 Automotive
9.2.2 Electronics and Semiconductor
9.2.3 Consumer Electronics
9.2.4 Glass
9.2.5 Metals
9.2.6 Wood and Paper
9.2.7 Pharmaceuticals
9.2.8 Food and Packaging
9.2.8.1 Food
9.2.8.2 Packaging
9.2.9 Rubber and Plastics
9.2.10 Printing
9.2.11 Machinery
9.2.12 Solar Panel Manufacturing
9.2.13 Textiles
9.3 Non-Industrial Vertical
9.3.1 Healthcare
9.3.2 Postal and Logistics
9.3.3 Security and Surveillance
9.3.4 Intelligent Transportation Systems
9.3.5 Agriculture
9.3.6 Consumer Electronics
9.3.7 Autonomous and Semi Autonomous Vehicles
9.3.8 Sports and Entertainment
9.3.9 Retail

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe (RoE)
10.4 Asia Pacific (APAC)
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of APAC (RoAPAC)
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.2 Middle East
10.5.3 Africa

11 Competitive Landscape
11.1 Overview
11.2 Key Players in the Computer Vision Market, 2017
11.3 Competitive Scenario
11.3.1 Product Launches and Developments
11.3.2 Partnerships, Contracts, Collaborations, and Agreements
11.3.3 Mergers & Acquisitions

12 Company Profile
12.1 Key Players
12.1.1 Cognex
12.1.2 Basler
12.1.3 Omron
12.1.4 Keyence
12.1.5 National Instruments
12.1.6 Sony
12.1.7 Teledyne Technologies
12.1.8 Texas Instruments
12.1.9 Intel
12.1.10 Baumer Optronic
12.1.11 Jai A/S
12.1.12 Mvtec Software
12.1.13 Isra Vision
12.1.14 Sick
12.1.15 Mediatek
12.1.16 Cadence Design Systems
12.1.17 Ceva
12.1.18 Synopsys
12.1.19 Tordivel As
12.2 Startup-Ecosystem
12.2.1 Ametek
12.2.2 Qualitas Technologies
12.2.3 Sualab
12.2.4 Algolux
12.2.5 Clarifai

For more information about this report visit https://www.researchandmarkets.com/research/wc8twg/global_computer?w=5

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