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According to the latest research by SkyQuest Technology, the Global 3D Machine Vision Market was valued at USD 1,500 Million in 2020, and it is expected to reach USD 2,900 by 2027, with a CAGR of 11.10% during the forecast period of 2021 – 2027. The research provides up-to-date analysis of the current market landscape, latest trends, drivers, and overall market environment.
The 3D machine vision is a type of image processing that allows for automated object scanning. This technology is combined with robots, allowing them to recognise their surroundings and make judgments based on pattern recognition software. The 3D machine vision market is in its early stages of development, with rapid adoption in industrial facilities. Its numerous uses in the robotics sector, including quality assurance and inspection, robotic guidance, and positioning, have made it an indispensable aspect of the industry. In the manufacturing and packaging industries, 3D machine vision technology is utilised to scan and recognise barcodes, messages, and labels. In the packaging sector, automation lowers operating costs and saves time while increasing efficiency. This technique is also widely employed in the pharmaceutical, consumer goods, and agriculture industries to reduce counterfeit product production and increase income.
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3D machine vision systems are widely employed in a variety of industries, businesses, and government agencies. Objects are detected in 3D machine vision independent of their location. As a result, when compared to their 2D only predecessors, robots have more flexibility and independence. Robot vision in three dimensions tells the machine whether an object is lying down, standing up, or hanging. Robots using 3D machine vision can do a variety of jobs without having to be reprogrammed. They can account for anticipated workplace circumstances. Robots with 3D vision can see what’s in front of them and react appropriately. Metrology, guidance, and defect analysis systems all use 3D imaging at the moment. Any MV system’s sensitivity and resolution are critical components. The ability of the system to detect objects or weak signals despite dim illumination or invisible wavelengths is determined by resolution. These technologies are very useful for monitoring work situations. In industrial applications, it has functions including process control, robotic guiding, and autonomous inspection.
Read market research report, ” Global 3D Machine Vision Market Segmented By Application (Quality Assurance & Inspection, Positioning & Guidance, Measurement, Identification), By End-Use (Automotive, Pharmaceuticals, Chemicals, Electronics & Semiconductors, Pulp & Paper, Agriculture, Others), By Component (Hardware and Software), By Product (PC Based and Smart Camera Based) & By Region – Forecast and Analysis 2021-2027” by SkyQuest
The Asia Pacific 3D machine vision market is estimated to account for more than 30% of the global market’s demand. Manufacturing, automotive, and the food and beverage industries in India and Japan are all contributing to the increase. China has the largest manufacturing and automotive industry globally, followed by India. India was ranked among the top five automotive markets by IBEF. End customers are increasingly using 3D machine vision technology to check the quality of automotive and manufacturing components. Key firms are looking to India and China, particularly the manufacturing industries, to benefit from the fastest-growing markets. Furthermore, good government measures and the advent of automation in South Korea, Taiwan, and Singapore assist the industry’s expansion. The segment will grow as these hardware components become more widely used in the agriculture, manufacturing, and automotive industries. The camera is projected to be the leading segment in terms of hardware. In the automotive industry, 3D machine vision technology is rapidly being employed for quality assurance and inspection. To improve the efficiency of the vehicle, this technology assists the end-user in detecting faults, final inspection, assembly verification, and so on. This technology is rapidly being used by end users for robotic guidance, guide applications, and automated testing. Aside from that, the food and beverage industry are predicted to be the market’s second-largest category.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
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SkyQuest has segmented the Global 3D Machine Vision Market based on Application, End-Use, Component, Product and Region:
List of Key Market Players of Global 3D Machine Vision Market
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