DUBLIN--(BUSINESS WIRE )--The "Asia-Pacific Machine Vision Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The machine vision market in the Asia-Pacific is set to progress with a CAGR of 8.39% over the forecast period from 2022 to 2028.

Thailand is a rising machine vision market in the ASEAN and the APAC regions. It ranks first in motor vehicle production in the ASEAN and sixth in the world for commercial vehicle production. In the field of electronics, Thailand is the second-leading producer and exporter of data storage units like hard disk drives globally.

The nation also has the highest concentration of automotive companies in Asia and the 12th largest capacity in the world for automotive production, thus directly providing vehicles to the Philippines, Vietnam, Indonesia, and ASEAN countries. These factors are boosting the demand for machine vision systems, which is expected to drive the market growth.

Australia is one of the world's advanced economies and is increasingly adopting automation in its manufacturing facilities to modernize the economy, reduce the overall production time, ensure the safety of workers, and connect to remote areas. For this purpose, manufacturers, along with support from the government, are adopting robots, embedded with machine vision systems, to manage tasks that need human inspection.

Their market penetration is not only limited to the more eminent industries such as aerospace, defense, and automotive, but has also gained popularity in plastic & polymer and food & beverage industries. These developments indicate a positive outlook for the machine vision market growth in the Asia-Pacific over the forecasted period.

1. Asia-Pacific Machine Vision Market - Summary

2.1. Impact of Covid-19 on the Machine Vision Industry

2.2.1. Integration of Machine Vision With Cloud Technology

2.2.3. 3D Measurement is the Fastest Evolving Type

2.2.4. Growing Interest for Automation in Industrial Applications

2.7.1. Increased Need for Smart Factories

2.7.2. Widening Applications of MV Systems

2.7.3. Rising Need for Proper Defect Detection

2.7.4. Growing Trend of Miniaturized Products

2.8.2. Unawareness About the Benefits of MV Systems

2.8.3. Complications in Implementation of MV Systems

2.9.1. Constant Developments in CMOS Image Sensors

2.9.2. Industrial Internet of Things (IIoT) to Offer Lucrative Growth Opportunities

3. Asia-Pacific Machine Vision Market Outlook - by Type

4. Asia-Pacific Machine Vision Market Outlook - by Components

5. Asia-Pacific Machine Vision Market Outlook - by Application

6. Asia-Pacific Machine Vision Market Outlook - by Verticals

7. Asia-Pacific Machine Vision Market - Country Outlook

For more information about this report visit https://www.researchandmarkets.com/r/4lnvtl

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900