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Global Computer Vision Market Size study, by Component (Hardware, Software), by Product (PC-Based Computer Vision Systems, Smart Cameras-Based Computer Vision Systems), by Application (Quality Assurance & Inspection, Positioning & Guidance, Measurement, Identification, Predictive Maintenance), by End-User (Automotive, Consumer Electronics, Pharmaceuticals, Healthcare, Retail, Others) and Regional Forecasts 2020-2027

October 2020 | 200 pages | ID: GB6861B0A310EN
Bizwit Research & Consulting LLP

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Global Computer Vision Market is valued approximately at USD 11 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2020-2027. A computer vision is a field of artificial intelligence that develops, processes, and examines real-world images to generate symbolic or numerical information, frequently in the way of a decision. Using digital images from videos and cameras and deep learning models, machines can precisely detect and categorize objects. From the viewpoint of engineering, computer vision seeks to recognize and automate tasks that can be performed by the human visual system. Nowadays, computer vision is being extensively utilized in a range of applications, such as automotive, consumer electronic, security and surveillance, medical, and entertainment, among others. The rise in adoption of computer vision in automotive industry, growing demand for vision-guided robotic systems, and escalating demand of 3D computer vision systems are the few factors responsible for the CAGR of the market during the forecast period. For instance, in June 2018, the UK government’s (Centre for Connected and Autonomous Vehicles) initiative with Innovate UK and Meridian Mobility, has offered a new funding of around USD 39.6 million for the development of autonomous and connected vehicles in the United Kingdom. Similarly, in 2018, the U.S. also unveiled a funding of about USD 100 million for a highly automated “vehicle research and development” program. Thus, the rise in investment and/or funding on autonomous and semi-autonomous vehicles could potentially lead to a rise in adoption for computer vision, making a significant market growth around the world. However, the high development cost of vision technology and limited availability flexible computer vision solutions are the few factors inhibiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Computer Vision market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the favorable government support for the implementation of computer vision, along with the large presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in demand of computer vision solutions in electronic and automotive industry along with the rising technological development in vision systems across the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the computer vision market in the Asia-Pacific region.

Major market player included in this report are:
Cognex Corporation
Basler AG
Omron Corporation
Keyence Corporation
National Instruments Corp.
Teledyne Technologies International Corp
Texas Instruments Inc.
Intel Corporation
Baumer Optronic GmbH
MVTec Software GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Hardware
Software

By Product:
PC-Based Computer Vision Systems
Smart Cameras-Based Computer Vision Systems

By Application:
Quality Assurance & Inspection
Positioning & Guidance
Measurement
Identification
Predictive Maintenance

By End-User:
Automotive
Consumer Electronics
Pharmaceuticals
Healthcare
Retail
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Computer Vision Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
  1.2.1. Computer Vision Market, by Region, 2018-2027 (USD Billion)
  1.2.2. Computer Vision Market, by Component, 2018-2027 (USD Billion)
  1.2.3. Computer Vision Market, by Product, 2018-2027 (USD Billion)
  1.2.4. Computer Vision Market, by Application, 2018-2027 (USD Billion)
  1.2.5. Computer Vision Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL COMPUTER VISION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL COMPUTER VISION MARKET DYNAMICS

3.1. Computer Vision Market Impact Analysis (2018-2027)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL COMPUTER VISION MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL COMPUTER VISION MARKET, BY COMPONENT

5.1. Market Snapshot
5.2. Global Computer Vision Market by Component, Performance - Potential Analysis
5.3. Global Computer Vision Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4. Computer Vision Market, Sub Segment Analysis
  5.4.1. Hardware
  5.4.2. Software

CHAPTER 6. GLOBAL COMPUTER VISION MARKET, BY PRODUCT

6.1. Market Snapshot
6.2. Global Computer Vision Market by Product, Performance - Potential Analysis
6.3. Global Computer Vision Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
6.4. Computer Vision Market, Sub Segment Analysis
  6.4.1. PC-Based Computer Vision Systems
  6.4.2. Smart Cameras-Based Computer Vision Systems

CHAPTER 7. GLOBAL COMPUTER VISION MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Computer Vision Market by Application, Performance - Potential Analysis
7.3. Global Computer Vision Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Computer Vision Market, Sub Segment Analysis
  7.4.1. Quality Assurance & Inspection
  7.4.2. Positioning & Guidance
  7.4.3. Measurement
  7.4.4. Identification
  7.4.5. Predictive Maintenance

CHAPTER 8. GLOBAL COMPUTER VISION MARKET, BY END-USER

8.1. Market Snapshot
8.2. Global Computer Vision Market by End-User - Potential Analysis
8.3. Global Computer Vision Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
8.4. Computer Vision Market, Sub Segment Analysis
  8.4.1. Automotive
  8.4.2. Consumer Electronics
  8.4.3. Pharmaceuticals
  8.4.4. Healthcare
  8.4.5. Retail
  8.4.6. Others

CHAPTER 9. GLOBAL COMPUTER VISION MARKET, REGIONAL ANALYSIS

9.1. Computer Vision Market, Regional Market Snapshot
9.2. North America Computer Vision Market
  9.2.1. U.S. Computer Vision Market
    9.2.1.1. Component breakdown estimates & forecasts, 2017-2027
    9.2.1.2. Product breakdown estimates & forecasts, 2017-2027
    9.2.1.3. Application breakdown estimates & forecasts, 2017-2027
    9.2.1.4. End-User breakdown estimates & forecasts, 2017-2027
  9.2.2. Canada Computer Vision Market
9.3. Europe Computer Vision Market Snapshot
  9.3.1. U.K. Computer Vision Market
  9.3.2. Germany Computer Vision Market
  9.3.3. France Computer Vision Market
  9.3.4. Spain Computer Vision Market
  9.3.5. Italy Computer Vision Market
  9.3.6. Rest of Europe Computer Vision Market
9.4. Asia-Pacific Computer Vision Market Snapshot
  9.4.1. China Computer Vision Market
  9.4.2. India Computer Vision Market
  9.4.3. Japan Computer Vision Market
  9.4.4. Australia Computer Vision Market
  9.4.5. South Korea Computer Vision Market
  9.4.6. Rest of Asia Pacific Computer Vision Market
9.5. Latin America Computer Vision Market Snapshot
  9.5.1. Brazil Computer Vision Market
  9.5.2. Mexico Computer Vision Market
9.6. Rest of The World Computer Vision Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Cognex Corporation
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Basler AG
  10.2.3. Omron Corporation
  10.2.4. Keyence Corporation
  10.2.5. National Instruments Corp.
  10.2.6. Teledyne Technologies International Corp
  10.2.7. Texas Instruments Inc.
  10.2.8. Intel Corporation
  10.2.9. Baumer Optronic GmbH
  10.2.10. MVTec Software GmbH

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Computer Vision market, report scope
TABLE 2. Global Computer Vision market estimates & forecasts by region 2017-2027 (USD Billion)
TABLE 3. Global Computer Vision market estimates & forecasts by Component 2017-2027 (USD Billion)
TABLE 4. Global Computer Vision market estimates & forecasts by Product 2017-2027 (USD Billion)
TABLE 5. Global Computer Vision market estimates & forecasts by Application 2017-2027 (USD Billion)
TABLE 6. Global Computer Vision market estimates & forecasts by End-User 2017-2027 (USD Billion)
TABLE 7. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 8. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 9. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 10. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 11. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 12. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 13. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 14. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 15. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 16. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 17. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 18. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 19. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 20. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 21. Global Computer Vision market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 22. Global Computer Vision market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 23. U.S. Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 24. U.S. Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 25. U.S. Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 26. Canada Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 27. Canada Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 28. Canada Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 29. UK Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 30. UK Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 31. UK Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 32. Germany Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 33. Germany Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 34. Germany Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 35. France Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 36. France Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 37. France Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 38. Spain Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 39. Spain Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 40. Spain Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 41. Italy Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 42. Italy Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 43. Italy Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 44. ROE Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 45. ROE Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 46. ROE Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 47. China Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 48. China Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 49. China Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 50. India Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 51. India Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 52. India Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 53. Japan Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 54. Japan Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 55. Japan Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 56. Australia Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 57. Australia Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 58. Australia Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 59. South Korea Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 60. South Korea Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 61. South Korea Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 62. ROPAC Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 63. ROPAC Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 64. ROPAC Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 65. Brazil Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 66. Brazil Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 67. Brazil Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 68. Mexico Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 69. Mexico Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 70. Mexico Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 71. ROLA Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 72. ROLA Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 73. ROLA Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 74. ROW Computer Vision market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 75. ROW Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 76. ROW Computer Vision market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 77. List of secondary End-Users, used in the study of global Computer Vision market
TABLE 78. List of primary End-Users, used in the study of global Computer Vision market
TABLE 79. Years considered for the study
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Computer Vision market, research methodology
FIG 2. Global Computer Vision market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Computer Vision market, key trends 2019
FIG 5. Global Computer Vision market, growth prospects 2020-2027
FIG 6. Global Computer Vision market, porters 5 force model
FIG 7. Global Computer Vision market, pest analysis
FIG 8. Global Computer Vision market, value chain analysis
FIG 9. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 10. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 11. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 12. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 13. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 14. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 15. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 16. Global Computer Vision market by segment, 2017 & 2027 (USD Billion)
FIG 17. Global Computer Vision market, regional snapshot 2017 & 2027
FIG 18. North America Computer Vision market 2017 & 2027 (USD Billion)
FIG 19. Europe Computer Vision market 2017 & 2027 (USD Billion)
FIG 20. Asia-Pacific Computer Vision market 2017 & 2027 (USD Billion)
FIG 21. Latin America Computer Vision market 2017 & 2027 (USD Billion)
FIG 22. Global Computer Vision market, company market share analysis (2019)


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