The report comprises a detailed analysis of the vital elements of the Smart Vision Sensors market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Smart Vision Sensors market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Rapid market revenue growth can be attributed to increasing use of smart vision sensors in end-use industries such as electronics semiconductors, pharmaceuticals, and food beverage, among others. Use of smart vision sensors in industrial settings has garnered significant traction over last couple of years. These sensors deliver several benefits over host-based systems and provide innovative functionalities in measurement, inspection, and various other vision-based applications. In industrial-settings, smart vision sensors aid in decision making associated with localized pass/fail, networked management capabilities, and I/O part rejection.
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Competitive Outlook:
The global Smart Vision Sensors market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Smart Vision Sensors market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Datalogic SPA, Aquifi Inc., Omron Corporation, Isra Vision AG, Baumer, Ximea GmbH, Baster AG, Qualitas Technologies, SensoPart Industriesensorik GmbH, and Cognex Corporation.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Smart Vision Sensors market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.
Some Key Highlights in the Report:
- In January 2021, LMI Technologies, which is a firm engaged in 3D scanning inspection, acquired FringeAI, which is a firm engaged Artificial Intelligence and Industrial Internet of Things/5G inspection solutions.
- By product type, 2D smart vision sensors segment accounted for a significantly large revenue share in 2020. 2D vision finds application in aiding in tasks associated with inspection, positioning, reading, and measuring. It is especially beneficial in applications requiring high contrast, or in applications where object color or texture is crucial.
- By technology, MEMS segment revenue is expected to expand a rapid rate over forecast period. MEMS technology enables smart vision sensors to handle and maintain considerable volumes of data, which is collected by the sensor and processed with the help of a microprocessor. Primary benefits of MEMS technology are low power consumption, enhanced reproducibility, better precision, and increased selectivity and sensitivity.
The report further segments the global Smart Vision Sensors market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
Emergen Research has segmented the global smart vision sensors market on the basis of product type, technology, connectivity, application, industry vertical, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
- 2D Smart Vision Sensor
- 3D Smart Vision Sensor
- Others
Technology Outlook (Revenue, USD Million; 2018–2028)
- MEMS
- CMOS
- Others
Connectivity Outlook (Revenue, USD Million; 2018–2028)
- Wired
- Wireless
Application Outlook (Revenue, USD Million; 2018–2028)
- Inspection
- Code Reading
- Gauging
- Localization
- Others
Industry Vertical Outlook (Revenue, USD Million; 2018–2028)
- Electronics Semiconductors
- Automotive
- Pharmaceuticals
- Food Packaging
- Others
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Global Smart Vision Sensors Market Report – Table of Contents:
- Chapter 1 includes the global Smart Vision Sensors market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Smart Vision Sensors market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Smart Vision Sensors market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Smart Vision Sensors industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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