The Global Vision Sensor Market size is expected to reach $8.2 billion by 2030, rising at a market growth of 11.3% CAGR during the forecast period.
Asia Pacific is a major player in the electronics and semiconductor industry, and vision sensors play a critical role in producing semiconductors, PCBs, and electronic components. Consequently, the Asia Pacific segment captured $1,310.5 million revenue in the market in 2022. These sensors contribute to quality assurance, inspection, and precision measurement, aligning with the high-tech manufacturing requirements of the region. The Asia Pacific region has seen rapid growth in robotics and automation, and vision sensors are integral components in robotic systems.
The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, For Instance, In November, 2023, Teledyne e2v unveiled the Emerald Gen 2 CMOS image sensor line. The sensors come in 21 x 20 mm Ceramic Land Grid Array packages, and they are offered in either 8.9 MPixel or 12 MPixel resolution, available in monochrome or color, and in standard or high-speed grades. Additionally, in September, 2023, Cognex Corporation unveiled the In-Sight SnAPP sensor. The In-Sight SnAPP is crafted for simplicity and easy deployment, offering customers a straightforward entry point into machine vision technology.
Based on the Analysis presented in the KBV Cardinal matrix; Keyence Corporation is the forerunners in the Market. Companies such as Teledyne Technologies, Inc., Omron Corporation and Cognex Corporation are some of the key innovators in the Market. For Instance, In May, 2023, Cognex Corporation launched the Advantage 182 vision system, an industrial machine vision system. Through this product, the company seeks to automate intricate location, classification, and inspection tasks. The Advantage 182 vision system incorporates advanced machine vision, barcode reading, and edge learning technology to automate a wide range of tasks, spanning from basic presence/absence detection and track-and-trace applications to precise alignment and sophisticated color inspections.
Market Growth Factors
Industry 4.0 emphasizes implementing automated inspection and quality control processes to ensure high product quality and consistency. These sensors are deployed in manufacturing lines to perform real-time inspections, identify defects, and verify product specifications. These sensors play a vital role in tracking products throughout production, verifying serial numbers, and ensuring adherence to regulatory standards. Therefore, the market is expanding significantly due to the rising adoption of industry 4.0 and smart manufacturing.
Additionally, E-commerce fulfillment centers and logistics hubs deploy vision sensors for the automated sorting of packages. As per the International Trade Administration, global e-commerce sales for B2B businesses have gradually increased over the last decade, with the global B2B e-commerce industry expected to be worth USD$36 trillion by 2026. Thus, because of the rapid growth in e-commerce and logistics, the market is anticipated to increase significantly.
Market Restraining Factors
High initial costs may limit the frequency of system upgrades or expansions. Organizations may exhibit risk aversion when considering high-cost investments, particularly in economically uncertain times. The perceived financial risk associated with implementing sensor systems can result in delayed or deferred investment decisions, impacting the overall market growth.
By Sensor Type Analysis
By sensor type, the market is categorized into less than 3D, 3D, and others. In 2022, the less than 3D segment held the highest revenue share in the market. Less than 3D sensors are employed for printed text and character recognition. Optical character recognition (OCR) technology is used in applications like document processing to extract text from images. These sensors assist in reading and interpreting printed characters on documents, labels, and packaging, enhancing automation in administrative tasks.
By End User Analysis
On the basis of end user, the market is divided into automotive, electronics & semiconductor, consumer electronics, pharmaceuticals, food & packaging, and others. The electronics & semiconductor segment procured a promising growth rate in the market in 2022. These sensors play a crucial role in wafer inspection during semiconductor manufacturing. They detect defects, contaminants, and irregularities on semiconductor wafers.
By Application Analysis
Based on application, the market is classified into inspection, gauging, code reading, and others. In 2022, the inspection segment witnessed the largest revenue share in the market. These sensors are used for surface inspection in material processing industries such as steel, glass, and plastics. They can detect surface defects, irregularities, or contaminants in materials, ensuring the final products meet quality standards. Surface inspection produces high-quality materials for construction, packaging, and other applications.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a significant revenue share in the market. North America, particularly the United States, is home to a robust manufacturing sector that has embraced Industry 4.0 principles. The automotive industry in North America has extensively integrated vision sensors for applications such as advanced driver-assistance Systems (ADAS), autonomous vehicles, and manufacturing quality control.
Recent Strategies Deployed in the Market
- Feb-2024: Sick AG has signed an OEM partnership agreement with Viking Masek Robotics & Automation, a provider of innovative packaging automation solutions. Under this partnership, the companies will integrate SICK's 2D and 3D vision system components into Viking Masek Robotics & Automation's machinery to offer unique solutions to meet the needs of clients across various industries.
- Nov-2023: Teledyne e2v, a subsidiary of Teledyne Technologies, Inc., unveiled the Emerald Gen 2 CMOS image sensor line. The sensors come in 21 x 20 mm Ceramic Land Grid Array packages, and they are offered in either 8.9 MPixel or 12 MPixel resolution, available in monochrome or color, and in standard or high-speed grades. Additionally, the sensors are tailored for various machine vision applications, including inspection, sorting, pick-and-place tasks, and transportation systems.
- Nov-2023: Basler AG came into a partnership with Siemens AG, a technology company. Through this partnership, the companies aim to simplify the integration of machine vision solutions into automation systems for clients. Additionally, it will allow customers to simplify their production process, increase efficiency, lower costs, and improve quality control and transparency.
- Sep-2023: Cognex Corporation unveiled the In-Sight SnAPP vision sensor. With this product, the company has expanded its capabilities in the vision-sensing space. The In-Sight SnAPP is crafted for simplicity and easy deployment, offering customers a straightforward entry point into machine vision technology.
- Jun-2023: Sick AG unveiled the safeVisionary 2, a 3D time-of-flight (ToF) camera with Performance Level c (PL c). The product helps customers achieve full autonomy and offers 3D localization and object recognition capabilities. Additionally, this small 3D camera boosts productivity and delivers accurate 3D measurement data to improve automation processes.
List of Key Companies Profiled
- Omron Corporation
- Basler AG
- Sick AG
- Datalogic S.p.A. (Hydra S.p.A.)
- Balluff GmbH
- Teledyne Technologies, Inc. (Teledyne DALSA)
- IFM Electronics GmbH
- Keyence Corporation
- Baumer Holding AG
- Cognex Corporation
Global Vision Sensor Market Report Segmentation
By Sensor Type
By End User
- Automotive
- Consumer Electronics
- Electronics & Semiconductor
- Pharmaceuticals
- Food & Packaging
- Others
By Application
- Inspection
- Code Reading
- Gauging
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Vision Sensor Market, by Sensor Type
- 1.4.2Global Vision Sensor Market, by End User
- 1.4.3Global Vision Sensor Market, by Application
- 1.4.4Global Vision Sensor Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.3Market Share Analysis, 2022
- 4.4Top Winning Strategies
- 4.4.1Key Leading Strategies: Percentage Distribution (2019-2024)
- 4.4.2Key Strategic Move: (Product Launches and Product Expansions: 2019, Sep - 2023, Nov) Leading Players
- 4.5Porter's Five Forces Analysis
Chapter 5.Global Vision Sensor Market by Sensor Type
- 5.1Global Less Than 3D Market by Region
- 5.2Global 3D Market by Region
- 5.3Global Others Market by Region
Chapter 6.Global Vision Sensor Market by End User
- 6.1Global Automotive Market by Region
- 6.2Global Consumer Electronics Market by Region
- 6.3Global Electronics & Semiconductor Market by Region
- 6.4Global Pharmaceuticals Market by Region
- 6.5Global Food & Packaging Market by Region
- 6.6Global Others Market by Region
Chapter 7.Global Vision Sensor Market by Application
- 7.1Global Inspection Market by Region
- 7.2Global Code Reading Market by Region
- 7.3Global Gauging Market by Region
- 7.4Global Others Market by Region
Chapter 8.Global Vision Sensor Market by Region
- 8.1North America Vision Sensor Market
- 8.1.1North America Vision Sensor Market by Sensor Type
- 8.1.1.1North America Less Than 3D Market by Country
- 8.1.1.2North America 3D Market by Country
- 8.1.1.3North America Others Market by Country
- 8.1.2North America Vision Sensor Market by End User
- 8.1.2.1North America Automotive Market by Country
- 8.1.2.2North America Consumer Electronics Market by Country
- 8.1.2.3North America Electronics & Semiconductor Market by Country
- 8.1.2.4North America Pharmaceuticals Market by Country
- 8.1.2.5North America Food & Packaging Market by Country
- 8.1.2.6North America Others Market by Country
- 8.1.3North America Vision Sensor Market by Application
- 8.1.3.1North America Inspection Market by Country
- 8.1.3.2North America Code Reading Market by Country
- 8.1.3.3North America Gauging Market by Country
- 8.1.3.4North America Others Market by Country
- 8.1.4North America Vision Sensor Market by Country
- 8.1.4.1US Vision Sensor Market
- 8.1.4.1.1US Vision Sensor Market by Sensor Type
- 8.1.4.1.2US Vision Sensor Market by End User
- 8.1.4.1.3US Vision Sensor Market by Application
- 8.1.4.2Canada Vision Sensor Market
- 8.1.4.2.1Canada Vision Sensor Market by Sensor Type
- 8.1.4.2.2Canada Vision Sensor Market by End User
- 8.1.4.2.3Canada Vision Sensor Market by Application
- 8.1.4.3Mexico Vision Sensor Market
- 8.1.4.3.1Mexico Vision Sensor Market by Sensor Type
- 8.1.4.3.2Mexico Vision Sensor Market by End User
- 8.1.4.3.3Mexico Vision Sensor Market by Application
- 8.1.4.4Rest of North America Vision Sensor Market
- 8.1.4.4.1Rest of North America Vision Sensor Market by Sensor Type
- 8.1.4.4.2Rest of North America Vision Sensor Market by End User
- 8.1.4.4.3Rest of North America Vision Sensor Market by Application
- 8.2Europe Vision Sensor Market
- 8.2.1Europe Vision Sensor Market by Sensor Type
- 8.2.1.1Europe Less Than 3D Market by Country
- 8.2.1.2Europe 3D Market by Country
- 8.2.1.3Europe Others Market by Country
- 8.2.2Europe Vision Sensor Market by End User
- 8.2.2.1Europe Automotive Market by Country
- 8.2.2.2Europe Consumer Electronics Market by Country
- 8.2.2.3Europe Electronics & Semiconductor Market by Country
- 8.2.2.4Europe Pharmaceuticals Market by Country
- 8.2.2.5Europe Food & Packaging Market by Country
- 8.2.2.6Europe Others Market by Country
- 8.2.3Europe Vision Sensor Market by Application
- 8.2.3.1Europe Inspection Market by Country
- 8.2.3.2Europe Code Reading Market by Country
- 8.2.3.3Europe Gauging Market by Country
- 8.2.3.4Europe Others Market by Country
- 8.2.4Europe Vision Sensor Market by Country
- 8.2.4.1Germany Vision Sensor Market
- 8.2.4.1.1Germany Vision Sensor Market by Sensor Type
- 8.2.4.1.2Germany Vision Sensor Market by End User
- 8.2.4.1.3Germany Vision Sensor Market by Application
- 8.2.4.2UK Vision Sensor Market
- 8.2.4.2.1UK Vision Sensor Market by Sensor Type
- 8.2.4.2.2UK Vision Sensor Market by End User
- 8.2.4.2.3UK Vision Sensor Market by Application
- 8.2.4.3France Vision Sensor Market
- 8.2.4.3.1France Vision Sensor Market by Sensor Type
- 8.2.4.3.2France Vision Sensor Market by End User
- 8.2.4.3.3France Vision Sensor Market by Application
- 8.2.4.4Russia Vision Sensor Market
- 8.2.4.4.1Russia Vision Sensor Market by Sensor Type
- 8.2.4.4.2Russia Vision Sensor Market by End User
- 8.2.4.4.3Russia Vision Sensor Market by Application
- 8.2.4.5Spain Vision Sensor Market
- 8.2.4.5.1Spain Vision Sensor Market by Sensor Type
- 8.2.4.5.2Spain Vision Sensor Market by End User
- 8.2.4.5.3Spain Vision Sensor Market by Application
- 8.2.4.6Italy Vision Sensor Market
- 8.2.4.6.1Italy Vision Sensor Market by Sensor Type
- 8.2.4.6.2Italy Vision Sensor Market by End User
- 8.2.4.6.3Italy Vision Sensor Market by Application
- 8.2.4.7Rest of Europe Vision Sensor Market
- 8.2.4.7.1Rest of Europe Vision Sensor Market by Sensor Type
- 8.2.4.7.2Rest of Europe Vision Sensor Market by End User
- 8.2.4.7.3Rest of Europe Vision Sensor Market by Application
- 8.3Asia Pacific Vision Sensor Market
- 8.3.1Asia Pacific Vision Sensor Market by Sensor Type
- 8.3.1.1Asia Pacific Less Than 3D Market by Country
- 8.3.1.2Asia Pacific 3D Market by Country
- 8.3.1.3Asia Pacific Others Market by Country
- 8.3.2Asia Pacific Vision Sensor Market by End User
- 8.3.2.1Asia Pacific Automotive Market by Country
- 8.3.2.2Asia Pacific Consumer Electronics Market by Country
- 8.3.2.3Asia Pacific Electronics & Semiconductor Market by Country
- 8.3.2.4Asia Pacific Pharmaceuticals Market by Country
- 8.3.2.5Asia Pacific Food & Packaging Market by Country
- 8.3.2.6Asia Pacific Others Market by Country
- 8.3.3Asia Pacific Vision Sensor Market by Application
- 8.3.3.1Asia Pacific Inspection Market by Country
- 8.3.3.2Asia Pacific Code Reading Market by Country
- 8.3.3.3Asia Pacific Gauging Market by Country
- 8.3.3.4Asia Pacific Others Market by Country
- 8.3.4Asia Pacific Vision Sensor Market by Country
- 8.3.4.1China Vision Sensor Market
- 8.3.4.1.1China Vision Sensor Market by Sensor Type
- 8.3.4.1.2China Vision Sensor Market by End User
- 8.3.4.1.3China Vision Sensor Market by Application
- 8.3.4.2Japan Vision Sensor Market
- 8.3.4.2.1Japan Vision Sensor Market by Sensor Type
- 8.3.4.2.2Japan Vision Sensor Market by End User
- 8.3.4.2.3Japan Vision Sensor Market by Application
- 8.3.4.3India Vision Sensor Market
- 8.3.4.3.1India Vision Sensor Market by Sensor Type
- 8.3.4.3.2India Vision Sensor Market by End User
- 8.3.4.3.3India Vision Sensor Market by Application
- 8.3.4.4South Korea Vision Sensor Market
- 8.3.4.4.1South Korea Vision Sensor Market by Sensor Type
- 8.3.4.4.2South Korea Vision Sensor Market by End User
- 8.3.4.4.3South Korea Vision Sensor Market by Application
- 8.3.4.5Singapore Vision Sensor Market
- 8.3.4.5.1Singapore Vision Sensor Market by Sensor Type
- 8.3.4.5.2Singapore Vision Sensor Market by End User
- 8.3.4.5.3Singapore Vision Sensor Market by Application
- 8.3.4.6Malaysia Vision Sensor Market
- 8.3.4.6.1Malaysia Vision Sensor Market by Sensor Type
- 8.3.4.6.2Malaysia Vision Sensor Market by End User
- 8.3.4.6.3Malaysia Vision Sensor Market by Application
- 8.3.4.7Rest of Asia Pacific Vision Sensor Market
- 8.3.4.7.1Rest of Asia Pacific Vision Sensor Market by Sensor Type
- 8.3.4.7.2Rest of Asia Pacific Vision Sensor Market by End User
- 8.3.4.7.3Rest of Asia Pacific Vision Sensor Market by Application
- 8.4LAMEA Vision Sensor Market
- 8.4.1LAMEA Vision Sensor Market by Sensor Type
- 8.4.1.1LAMEA Less Than 3D Market by Country
- 8.4.1.2LAMEA 3D Market by Country
- 8.4.1.3LAMEA Others Market by Country
- 8.4.2LAMEA Vision Sensor Market by End User
- 8.4.2.1LAMEA Automotive Market by Country
- 8.4.2.2LAMEA Consumer Electronics Market by Country
- 8.4.2.3LAMEA Electronics & Semiconductor Market by Country
- 8.4.2.4LAMEA Pharmaceuticals Market by Country
- 8.4.2.5LAMEA Food & Packaging Market by Country
- 8.4.2.6LAMEA Others Market by Country
- 8.4.3LAMEA Vision Sensor Market by Application
- 8.4.3.1LAMEA Inspection Market by Country
- 8.4.3.2LAMEA Code Reading Market by Country
- 8.4.3.3LAMEA Gauging Market by Country
- 8.4.3.4LAMEA Others Market by Country
- 8.4.4LAMEA Vision Sensor Market by Country
- 8.4.4.1Brazil Vision Sensor Market
- 8.4.4.1.1Brazil Vision Sensor Market by Sensor Type
- 8.4.4.1.2Brazil Vision Sensor Market by End User
- 8.4.4.1.3Brazil Vision Sensor Market by Application
- 8.4.4.2Argentina Vision Sensor Market
- 8.4.4.2.1Argentina Vision Sensor Market by Sensor Type
- 8.4.4.2.2Argentina Vision Sensor Market by End User
- 8.4.4.2.3Argentina Vision Sensor Market by Application
- 8.4.4.3UAE Vision Sensor Market
- 8.4.4.3.1UAE Vision Sensor Market by Sensor Type
- 8.4.4.3.2UAE Vision Sensor Market by End User
- 8.4.4.3.3UAE Vision Sensor Market by Application
- 8.4.4.4Saudi Arabia Vision Sensor Market
- 8.4.4.4.1Saudi Arabia Vision Sensor Market by Sensor Type
- 8.4.4.4.2Saudi Arabia Vision Sensor Market by End User
- 8.4.4.4.3Saudi Arabia Vision Sensor Market by Application
- 8.4.4.5South Africa Vision Sensor Market
- 8.4.4.5.1South Africa Vision Sensor Market by Sensor Type
- 8.4.4.5.2South Africa Vision Sensor Market by End User
- 8.4.4.5.3South Africa Vision Sensor Market by Application
- 8.4.4.6Nigeria Vision Sensor Market
- 8.4.4.6.1Nigeria Vision Sensor Market by Sensor Type
- 8.4.4.6.2Nigeria Vision Sensor Market by End User
- 8.4.4.6.3Nigeria Vision Sensor Market by Application
- 8.4.4.7Rest of LAMEA Vision Sensor Market
- 8.4.4.7.1Rest of LAMEA Vision Sensor Market by Sensor Type
- 8.4.4.7.2Rest of LAMEA Vision Sensor Market by End User
- 8.4.4.7.3Rest of LAMEA Vision Sensor Market by Application
Chapter 9.Company Profiles
- 9.1Omron Corporation
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5Recent strategies and developments:
- 9.1.5.1Product Launches and Product Expansions:
- 9.1.6SWOT Analysis
- 9.2Basler AG
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Regional Analysis
- 9.2.4Research & Development Expense
- 9.2.5Recent strategies and developments:
- 9.2.5.1Partnerships, Collaborations, and Agreements:
- 9.2.6SWOT Analysis
- 9.3Sick AG
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expense
- 9.3.5Recent strategies and developments:
- 9.3.5.1Partnerships, Collaborations, and Agreements:
- 9.3.5.2Product Launches and Product Expansions:
- 9.3.6SWOT Analysis
- 9.4Datalogic S.p.A. (Hydra S.p.A.)
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Regional & Segmental Analysis
- 9.4.4Research & Development Expenses
- 9.4.5Recent strategies and developments:
- 9.4.5.1Partnerships, Collaborations, and Agreements:
- 9.4.5.2Product Launches and Product Expansions:
- 9.4.5.3Acquisition and Mergers:
- 9.4.6SWOT Analysis
- 9.5Balluff GmbH
- 9.5.1Company Overview
- 9.5.2SWOT Analysis
- 9.6Teledyne Technologies, Inc. (Teledyne DALSA)
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Recent strategies and developments:
- 9.6.4.1Product Launches and Product Expansions:
- 9.6.4.2Acquisition and Mergers:
- 9.6.5SWOT Analysis
- 9.7IFM Electronics GmbH
- 9.7.1Company Overview
- 9.7.2SWOT Analysis
- 9.8Keyence Corporation
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Regional Analysis
- 9.8.4Research & Development Expenses
- 9.8.5Recent strategies and developments:
- 9.8.5.1Product Launches and Product Expansions:
- 9.8.6SWOT Analysis
- 9.9Baumer Holding AG
- 9.9.1Company Overview
- 9.9.2SWOT Analysis
- 9.10.Cognex Corporation
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5Recent strategies and developments:
- 9.10.5.1Product Launches and Product Expansions:
- 9.10.6SWOT Analysis
Chapter 10.Winning Imperatives of Vision Sensor Market