North America Machine Vision Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North America Machine Vision Systems Market is segmented by Component (Hardware, Software), by Product (PC-based, Smart Camera-based), by End-User Industry (Food and Beverage, Healthcare and Pharmaceutical, Logistic and Retail, Automotive, Electronics and Semiconductors), and by Country. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

North America Machine Vision Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Machine Vision Systems Industry Overview

The North America Machine Vision Systems Market is moderately competitive in nature. Product launches, high expenses on research and development, partnerships, and acquisitions are the prime growth strategies adopted by the companies in the region to sustain the intense competition. Key players in the market are Cognex Corporation, Keyence Corporation, Basler AG, National Instruments Corporation, Teledyne DALSA, Flir Systems Inc., Datalogic SpA, and Perceptron Inc.

In September 2022, Datalogic partnered with Prophesee SA, inventor of the most advanced neuromorphic vision systems, to announce the recent collaboration regarding the next generation of industrial products. According to the company, neuromorphic vision is a fascinating technology inspired by the behavior of the human biological system, precisely like neural networks. Prophesse has developed a breakthrough event-based vision approach to computer vision. This new vision category enables significant reductions in power, latency, and data processing requirements to reveal what was previously invisible to traditional frame-based sensors.

In March 2022, RG Group expands its partnership with machine vision supplier Cognex. Cognex Corporation designs, develops, manufactures, and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions based on what they see. Cognex products include machine vision systems and machine vision sensors. According to RG Group, the advanced vision system technology is a cornerstone of the company's solutions for clients, and Cognex continues to lead this quickly evolving field.

North America Machine Vision Systems Market Leaders

  1. Cognex Corporation

  2. Keyence Corporation

  3. Basler AG

  4. National Instruments Corporation

  5. Teledyne DALSA

  6. *Disclaimer: Major Players sorted in no particular order
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