U.S. Leads Machine Vision System Market 2020 Forecasts Say New Research Reports

30 Mar, 2016, 04:00 ET from ReportsnReports

PUNE, India, March 30, 2016 /PRNewswire/ --

ReportsnReports.com adds "Global and China Machine Vision System Industry Report, 2016-2020" and "Global Machine Vision Systems Industry 2015 Market Research Report" with 2020 Forecasts to its online business intelligence library.

In 2015, the global machine vision market size approximated USD 4.2 billion, up 10.5% year on year. The United States is the world's largest machine vision market with the share of above 50%, followed by Japan. Complete report of 126 pages is available at http://www.reportsnreports.com/reports/511932-global-and-china-machine-vision-system-industry-report-2016-2020.html .

Typical machine vision systems can be divided into PCB machine vision system and embedded machine vision system (smart cameras). China machine vision industry started late with a small market base, but grows by leaps and bounds (it has been in a rapid development period since 2009), and has become the third-largest machine vision market following the United States and Japan. In 2015, Chinese machine vision market was worth RMB2.2 billion (about USD350 million), accounting for 8.3% of the global total and growing at 22.2% (higher than the global average). During 2016-2020, Made in China 2025 will boost Chinese machine vision market to maintain the growth rate of around 20%.

Chinese machine vision system is mainly applied in semiconductor and electronic manufacturing (accounting for 46.4% in 2015), especially SMT, AOI/AXI devices and connector detection. In addition, automobiles and pharmaceuticals consumed 10.9% and 9.7% respectively of machine vision system in 2015.

Main Foreign Machine Vision System Vendors are Keyence, Cognex, Omron, Panasonic, NI, Banner, DALSA and Baumer. Main Chinese Machine Vision Vendors are Hi-Tech Control System, Daheng New Epoch Technology, Hunan China Sun Pharmaceutical Machinery, JT Automation Equipment, Maxonic Automation Control, Inovance Technology, Ningbo Cixing, Sking Intelligent Equipment, OPT Machine Vision, Shanghai BMT Automation, Changchun UPOptotech (Holding) and Shanghai Ximing Vision Technology.

Order a copy of Global and China Machine Vision System Industry Report, 2016-2020 at http://www.reportsnreports.com/purchase.aspx?name=511932 .

Most foreign machine vision vendors enjoy superiority in the industry chain ranging from core components (light source, lens, cameras, frame grabbers, image processing software, etc.) to system integration, but Chinese counterparts do not have advantages in terms of software and hardware (they primarily purchase hardware), therefore they mostly focus on machine vision system integration and equipment manufacturing.

Currently, machine vision vendors in the United States and Japan act as the world's absolute leaders. Among them, Japan Keyence ranks first in both industrial scale and market share (market share: 12.7% in 2015). Unlike the international market, China machine vision industry has not formed a distinct competitive pattern yet. Therefore, a number of listed companies embarked on the layout of machine vision business in 2015 in order to seize the machine vision market.

In May 2015, Maxonic Automation Control and Denmark Scape collaborated to make a layout for 3D vision and robotics business.

Ningbo Cixing acquired 68% stake in Suzhou Dinnar (main business: automated assembly lines, vision inspection equipment) in April 2015 and will develop machine vision controllers via Suzhou Tuce, a subsidiary of Suzhou Dinnar.

In June 2015, Hikvision launched industrial stereo cameras and area array cameras suitable for robot positioning and guide of intelligent factories, product defect detection, etc.

Explore more Manufacturing & Construction market reports at http://www.reportsnreports.com/market-research/manufacturing/ .

Another research titled Global Machine Vision Systems Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Machine Vision Systems industry. Machine Vision Systems market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

With 76 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Key Manufacturers are National instruments, Omron, Cognex, Keyence, Qualcomm and Basler. Browse complete report at http://www.reportsnreports.com/reports/444120-global-machine-vision-systems-industry-2015-market-research-report.html .

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