The machine vision market is complex, composed of myriad niche applications that are either industrial or non-industrial. To simplify the machine vision market’s structure and dynamics, we’ve created a novel market segmentation that cross-references technical and behavioral criteria. By cross-referencing technical and behavioral needs, nine homogeneous groups of key machine vision customers have been defined.
From an industrial point-of-view, versatile detection, versatile inspection and compact 3D inspection will fuel most of the machine vision industrial market’s growth, driven by new low-end applications. From a non-industrial standpoint, all identified segments will sustain steady, high growth at a 15%+ CAGR; namely high-end IP surveillance, license plate recognition and automotive safety.
This report includes a structuring segmentation to help facilitate machine vision market comprehension. It also highlights key growth areas and the available strategies to gain profitability or market share.
For the full version of this report, please visit the Yole Développement website.
