Europe Machine Vision Systems Market Size (2024 - 2029)

Europe Machine Vision Systems Market Analysis

The Europe Machine Vision Systems Market is expected to register a CAGR of 7.5% during the forecast period. According to the International Federation of Robotics (IFR), as of September 2020, there were 21,700 industrial robots in operation in the UK. Moreover, the number of industrial robots operating in the United Kingdom factories grew by 5% last year, and the number was double-digit due to COVID-19.

• The vendors also play a significant role in shaping the market scenario. Players are involved in developing core technology, such as image sensors and image-processing algorithms, vision products from cameras to sensors, from software to systems, for all kinds of applications and industries. Moreover, the domestic use of machine vision equipment in factories in Europe is also relatively stable.
• Europe is expected to be one of the most lucrative markets due to the growing demand for processed products, especially in the United Kingdom, Germany, and France. Moreover, stringent regulations proposed by the regulating bodies pertaining to the quality and hygiene of the processed items are expected to support the demand for vision systems in the European food industry.
• Furthermore, over the last decade, the consistent and systematic application of machine vision in the food industry is mainly attributed to ongoing advancements in constituent methodologies such as image processing and pattern recognition. Also, technological advancements have made it possible to implement these machines at a lower cost.
• Also, Industry 4.0 fueled the development of technologies like robots playing a crucial role in industrial automation, with many core operations in industries being managed by robots. Also, 3D machine vision supports new applications, such as vision-guided robotics and automated butchering. These vision-guided robots are a combination of 2D and 3D cameras.

Europe Machine Vision Systems Industry Segmentation

According to the Automated Imaging Association, machine vision includes all industrial and non-industrial applications in which a combination of software and hardware provides operational guidance to devices in the execution of their functions based on the capture and processing of images.

The machine vision system is the substitution of the human visual sense and judgment capabilities with a video camera and computer to perform an inspection task. It is the automatic acquisition and analysis of images to obtain desired data for controlling or evaluating a specific part or activity.

Under component, hardware and software are considered under the scope. The hardware includes vision systems, cameras, optics and illumination systems, frame grabbers, and other types of hardware.

The end-user industry includes electronics and semiconductors, automotive, medical devices and pharmaceuticals, logistic and retail, food and beverages, and other end-user industries.