Global Machine Vision Systems Market to Grow at 7.4% CAGR

NEW YORK - April 10, 2025 - PRLog -- The global machine vision systems and components market is projected to experience robust growth, reaching a value of USD 19.5 billion by 2030, from USD 12.7 billion in 2024, representing a compound annual growth rate (CAGR) of 7.4%. This growth is largely driven by the increasing demand for automation solutions across various sectors, as well as the rising focus on quality control, product standardization, and process optimization. Machine vision, a technology that enables automated inspection, guidance, and measurement, is pivotal in ensuring efficient operations and high-quality outputs in manufacturing.

Technological advancements continue to fuel market growth, particularly with the adoption of advanced imaging systems like 3D vision systems, which are gaining traction across industries due to their enhanced accuracy and ability to capture more detailed data. Additionally, the widespread integration of machine vision within the framework of Industry 4.0, characterized by the convergence of automation, data exchange, and smart technologies, is set to revolutionize manufacturing and industrial processes. These trends are accelerating the demand for machine vision solutions that can improve production capabilities while reducing costs.

Browse detailed report analysis on "Machine Vision Systems Industry Growth and Forecast Report, 2030 (https://www.psmarketresearch.com/market-analysis/machine-...)"

Key Insights

• The global machine vision systems and components market is expected to grow at a CAGR of 7.4%, increasing from USD 12.7 billion in 2024 to USD 19.5 billion by 2030.
• The rising adoption of advanced 3D imaging technologies plays a significant role in market growth. These systems allow for more precise measurements, making them ideal for intricate manufacturing processes, particularly in industries like automotive and electronics.
• Regionally, the Asia-Pacific market is the largest and is expected to maintain dominance over the forecast period. This region is a major hub for manufacturing, particularly in countries like China, Japan, and South Korea, where advancements in automation are rapidly transforming industries. The automotive and electronics sectors in these regions are key adopters of machine vision systems to improve production accuracy and efficiency.
• North America and Europe are also witnessing increased adoption of machine vision systems, particularly in sectors such as automotive, food and beverage, and pharmaceuticals, where precision and automation are critical for maintaining product quality.
• As demand for machine vision systems grows, emerging opportunities exist in sectors such as healthcare, retail, and logistics. Machine vision applications in these industries are expanding, offering new avenues for growth and innovation in automation.