NA Machine Vision Systems Market Size (2024 - 2029)

North America Machine Vision Systems Market Analysis

The North America Machine Vision Systems Market is expected to register a CAGR of 6.5% during the forecast period. The common uses of machine vision systems are positioning and measuring parts, sorting, visual inspection, defect detection, and identifying and tracking products. The demand for machine vision systems is being driven by the demand for vision-guided robotics.

• North America is a sizable market for companies providing machine vision solutions. The regional market is expected to grow substantially over the forecast period, owing to the early introduction of automation in manufacturing and the presence of a significant number of market vendors of regional origin. According to the Association for Advancing Automation, sales of machine vision components and systems that offer vision intelligence to robots and other machines dropped in the first half of 2020; however, the market recovered in North America in the second half.
• Various innovations are also being seen in the market.For instance, recently, Canada-based iENSO launched an Ambarella-based platform ecosystem for embedded vision applications. AI vision processors for the Edge are provided by Ambarella Inc.Emerging machine vision technologies such as non-visible computational and 3D imaging combined with AI, machine learning, and deep learning enable machine vision to address an ever-expanding range of new applications.
• Machine vision systems have helped automation technologies save human workers from dangerous and dull jobs, from quality inspection to sorting products to guiding robots. Machine vision has even helped security systems find threats, driven self-driving cars, and inspected a lot of the world's infrastructure.
• The machine vision systems market is picking up speed as more changes are made in a number of areas and as more changes are made in its usual industries, such as automotive and industrial.
• For instance, in March 2022, Zebra Technologies announced its intent to acquire Matrox Imaging, a provider of platform-independent software, software development kits (SDKs), smart cameras, 3D sensors, vision controllers, input/output (I/O) cards, and frame grabbers that are used to capture, inspect, assess, and record data from industrial vision systems in factory automation, electronics and pharmaceutical packaging, semiconductor inspection, and more.
• The outbreak of COVID-19 significantly disrupted the supply chain and production in various industries of the studied market. However, the pandemic also expanded the scope of industrial automation and machine vision to enhance efficiency and address safety concerns. Partnerships, new product launches, and developments addressing COVID-19 were significant regional trends.

North America Machine Vision Systems Industry Segmentation

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 process of automatically taking pictures and analyzing them to get the information needed to control or evaluate a certain part or activity.

The North American machine vision systems market is segmented by component (hardware and software), by product (PC-based, smart camera-based), by end-user industry (food and beverage, healthcare and pharmaceutical, logistics 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.