Research Study: 3D Machine Vision Market Growth to 2020 Based On Vertical (Automotive, Consumer Electronics, ITS)

The 3D machine vision market is experiencing growth at a greater pace with several innovations in technology related to camera’s sensor technology, capture speed, imaging technology, and so on. The traditional PC-based 3D machine vision systems are increasingly being replaced by smart camera-based 3D machine vision systems. Complete report on 3D machine vision market spread across 150 pages, profiling 11 companies and supported with 71 tables and 45 figures is now available at .

The APAC region is expected to lead the 3D machine vision market since there is a growing need for automation in the industries such as consumer electronics and automotive. Also, the presence of manufacturing hubs in China, Japan, India, and South Korea is boosting the 3D machine vision market in this region.

The 3D machine vision market is expected to grow at a CAGR of 10.53% during the forecast period between 2015 and 2020. The major reason for the growth in 3D machine vision technology is due to its growing applications in the automotive and electronics industries.

3D machine vision is a combination of mechanical, optical, electronics, and software systems used to examine natural objects and materials and manufacturing processes to detect defects; it also improves quality and operating efficiency by using single camera or multiple cameras to capture a 3D image. 3D machine vision has the ability to identify target configurations accurately in the 3-dimensional space, thus providing capability beyond traditional inspection systems. In 2007, the concept of 3D vision and its application in machine vision came into existence. The 3D machine vision has application in robotic guidance, quality assurance, measurement and advanced inspection. Request a sample of this report .

The demand for application-specific machine vision systems (ASMV) for industrial and non-industrial verticals plays a significant role in the growth of the 3D machine vision market. However, high cost of the 3D machine vision system and changing customer requirements regarding 3D machine vision are some of the key factors limiting the growth of this market.

Stereo vision, structured light, and time-of-flight are the main technologies used in 3D machine vision which are in demand and have a high market value with a growing penetration rate. No single 3D vision technology can currently meet the needs for every market or application. These technologies are compared on the basis of certain parameters such as software complexity, response time, and range among others. The demand for time-of-flight technique of image detection in 3D machine vision is growing at a higher rate as it offers features such fast response time, comparatively less cost than structured light, and has low software complexity.

The key players in the ecosystem of the 3D machine vision market profiled in this report are Keyence Corporation (Japan), Cognex Corporation (U.S.), ISRA Vision AG (Germany), Sick AG (Germany), Stemmer Imaging (Germany), National Instruments (U.S.), Hermary Opto Electronics Inc. (Canada), MVTec Software GmbH (Germany), Tordivel AS (Norway), Canon U.S.A. Inc. (U.S.), and Texas Instruments (U.S.). Make an Inquiry on “3D Machine Vision Market by Component (Camera, Frame grabber, Software), Product (PC-based and Smart Camera-based) Application, Vertical (Automotive, Consumer Electronics, Postal & Logistics, ITS) and Geography - Global Forecast to 2020” research report at .

On a related note, another research titled 3D & 4D Technology Market Global Forecast to 2022 says, the global 3D & 4D Technology market is expected to be worth USD 127.84 billion in 2016 and is expected to reach USD 314.17 billion by 2022, at a CAGR of 16.17% between 2016 and 2022. APAC is the fastest-growing market for 3D technology and it holds a tremendous market potential for 3D applications in the near future. Companies like Faro Technologies, Inc. (U.S.), Autodesk, Inc. (U.S.), Dassault Systems S.A (France), 3D Systems Corporation (U.S.), Stratasys Ltd. (U.S.), Google Inc. (U.S.) and Samsung Electronics (South Korea) have been profiled in this 190 pages research report available at .

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