Information and communication technology (ICT) have become vital part of social infrastructure. Hence, such system that permits society for better and efficient functioning is needed. The machine vision (MV) is a new concept that meets such expectations. This technology controls machine movement by processing visual information. Machine vision (MV) acts as a backbone for factory automation (FA) in any manufacturing industries. Moreover, machine vision (MV) has extended its advantage in several applications such as security, medicine, and agriculture. Machine vision (MV) automatically captures pictures & transfers files on computer. Captured pictures go through inspection. Small camera is fixed along with image sensor for capturing the image where vision software examines image and data are communicated to other peripheral devices.
This report aims to provide a comprehensive presentation of the global market for Factory Automation and Machine Vision, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Factory Automation and Machine Vision. This report contains market size and forecasts of Factory Automation and Machine Vision in global, including the following market information:
Global Factory Automation and Machine Vision Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Factory Automation and Machine Vision market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Information Technology System Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Factory Automation and Machine Vision include Johnson Controls Inc, Siemens Ag, Emerson Electric Company, ABB LTD, Rockwell Automation Inc, Honeywell International Inc, Eastman Kodak, General Electric Company and Yokogawa Electric Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Factory Automation and Machine Vision companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Factory Automation and Machine Vision Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Factory Automation and Machine Vision Market Segment Percentages, by Type, 2022 (%)
- Information Technology System
- Distributed Control Systems (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Enterprise Resource Planning (ERP)
- Programmable Logic Control (PLC)
- Manufacturing Execution System (MES)
Global Factory Automation and Machine Vision Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Factory Automation and Machine Vision Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Power
- Pharmaceuticals
- Food processing
- Others
Global Factory Automation and Machine Vision Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Factory Automation and Machine Vision Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Factory Automation and Machine Vision revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Factory Automation and Machine Vision revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Johnson Controls Inc
- Siemens Ag
- Emerson Electric Company
- ABB LTD
- Rockwell Automation Inc
- Honeywell International Inc
- Eastman Kodak
- General Electric Company
- Yokogawa Electric Corporation
- Teledyne Dalsa Inc
- Texas Instruments Inc
- Schneider Electric SA
Outline of Major Chapters:
Chapter 1: Introduces the definition of Factory Automation and Machine Vision, market overview.
Chapter 2: Global Factory Automation and Machine Vision market size in revenue.
Chapter 3: Detailed analysis of Factory Automation and Machine Vision company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Factory Automation and Machine Vision in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
