Asia Machine Vision Logistics Market, By Product Type (PC Based Machine Vision System, Smart Camera Based Machine Vision System), Type (1D, 2D, 3D), Component (Hardware, Software), Application (Pick and Place, Identification, Positioning and Guidance, Quality Assurance and Inspection, Measurement, Predictive Maintenance, Palletizing, Back Office), Deployment (General Machine Vision System & Robotic Cell), Functionality (Inbound, Order Fulfillment, Sortation, Outbound), End-User (E-Commerce Food And Beverages, Parcel, Retail, Agriculture, Manufacturing, Consumer Electronics, Healthcare, Automotive, Aerospace, and Defense), Business Type (B2B, B2C) – Industry Trends and Forecast to 2030.
Asia Machine Vision Logistics Market Analysis and Size
Asia machine vision logistics market is segmented on the basis of type, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Data Bridge Market Research analyses that the Asia Machine Vision Logistics market which was USD 360,890.55 million in 2022, would rocket up to USD 622,442.58 million by 2030, and is expected to undergo a CAGR of 10.6% during the forecast period. This indicates the market value. “Positive Displacement” dominates the type segment of the Asia Machine Vision Logistics market due to their sports and fitness segment is expected to dominate the market as due to continuous increasing adoption of wearable electronic devices for sports and fitness in order to enhanced sports, fitness, and well-being by monitoring physiological conditions of wearers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia Machine Vision Logistics Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Product Type (PC Based Machine Vision System, Smart Camera Based Machine Vision System), Type (1D, 2D, 3D), Component (Hardware, Software), Application (Pick and Place, Identification, Positioning and Guidance, Quality Assurance and Inspection, Measurement, Predictive Maintenance, Palletizing, Back Office), Deployment (General Machine Vision System & Robotic Cell), Functionality (Inbound, Order Fulfillment, Sortation, Outbound), End-User (E-Commerce, Food And Beverages, Parcel, Retail, Agriculture, Manufacturing, Consumer Electronics, Healthcare, Automotive, Aerospace and Defense), Business Type (B2B, B2C) )
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Countries Covered
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China, Japan, South Korea, India, Singapore, Vietnam, Malaysia, Philippines, Thailand, Indonesia and rest of Asia
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Market Players Covered
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KEYENCE CORPORATION, Basler AG, TELEDYNE TECHNOLOGIES, Delta Electronics, Inc., Datalogic S.p.A., Texas Instruments Incorporated, Intel Corporation, SICK AG, Sony Group Corporation, Omron Microscan Systems, Inc., Allied Vision Technologies GmbH, LMI TECHNOLOGIES INC., Canon Inc., Baumer, Hikrobot Technology Co., Ltd., Cincoze Co., Ltd., VITRONIC, Cognex Corporation, Dorabot Inc., Aqrose Technology Co. Ltd, and neuphonix machine vision among others.
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Market Opportunities
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Market Definition
A laser projector is a device that uses changing laser beams to create a moving image on a screen for professional use. It is made up of housing with lasers, mirrors, galvanometer scanners, and other optical components. Over similar lamp-based models, laser-based projection provides longer-lasting brightness, lower maintenance, and improved colour and contrast. Laser projectors outperform all other forms of projection technology, especially when paired with the appropriate projection lenses.
Asia Machine Vision Logistics Market Dynamics
Drivers
- Increasing e-commerce and retail industry
The rapid growth of e-commerce and the retail industry in Asia has led to a surge in logistics activities. Machine vision technology helps streamline and automate various aspects of logistics operations, such as barcode reading, package sorting, quality control, and inventory management, enabling faster and more accurate order fulfilment.
- Demand for improved efficiency and productivity
Machine vision systems offer significant efficiency gains by automating manual tasks and reducing human errors. In logistics, where speed and accuracy are crucial, machine vision technology enhances operational efficiency, increases throughput, and minimizes costly errors, ultimately improving productivity.
Opportunity
- Rapidly expanding e-commerce market
Asia is home to some of the largest and fastest-growing e-commerce markets in the world, including China, India, and Southeast Asian countries. This growth creates a huge demand for efficient and automated logistics solutions, where machine vision technology can play a crucial role in optimizing processes, improving order accuracy, and reducing delivery times.
Restraints/Challenges
- High initial investment costs
Implementing machine vision technology in logistics operations often requires significant upfront investment in equipment, software, infrastructure, and integration. The costs associated with procuring and implementing the necessary hardware and software solutions can be a restraint for some logistics providers, particularly for smaller companies with limited budgets.
Recent Development
- In December 2019, SICK AG inaugurated a new production site in Changzhou, China. This site was opened to meet the rise in demand in Asian countries. As the demands for vision technologies have skyrocketed, the production area for this site is around 5,800 m², and another 5,500 m² of development area is used for sustainable site development. This was a strategic investment by the company to expand its roots in the Asian countries
- In March 2020, KEYENCE CORPORATION launched a new product in Vision System with Pattern Projection Lighting CV-X Series, capable of 2D Inspection Vision System, Height Extraction, 3D Inspection among other vision controller powers. It was a unique product that can inspect and analyze the flaws and can be widely used in automobile companies. It is a great asset for the company because of its reliability in detecting flaws.
Asia Machine Vision Logistics Market Scope
The market is segmented on the basis of type, component, dimensional type, power range, technology, illumination type, resolution, application, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
BY PRODUCT TYPE
- PC Based Machine Vision System
- Smart Camera Based Machine Vision System
BY COMPONENT
- Hardware
- Software
BY TYPE
- 2D
- 3D
- 1D
BY APPLICATION
- Quality and Assurance
- Identification
- Positioning and Guidance
- Measurement
- Pick and Place
- Predictive Maintenance
- Palletizing
- Back Office
- Others
BY DEPLOYMENT
- General Machine Vision System
- Robotic Cell
END USER
- E-Commerce
- Retail
- Manufacturing
- Consumer Electronics
- Healthcare
- Automotive
- Food and Beverages
- Aerospace and Defense
- Parcel
- Agriculture
- Others
BUSINESS TYPE
- B2B
- B2C
Asia Machine Vision Logistics Market Regional Analysis/Insights
The global machine vision logistics market is analyzed and market size insights and trends are provided by country, type, component, application, deployment, functionality, end user and business type as referenced above.
The countries covered in the global machine vision logistics market report are China, Japan, South Korea, India, Singapore, Vietnam, Malaysia, Philippines, Thailand, Indonesia, and Rest of Asia.
The China dominates the machine vision logistics market system. During the forecast year, the logistics market will be driven by rising demand for machine vision logistics in the demand for improved efficiency and productivity segments from countries such as India and China. On the other hand, the prevalence of advanced infrastructure and the presence of major players in the region will bolster the growth of China in the Asia market share.
India is fastest growing due to a tremendous surge in e-commerce activites with a growing number of consumers shhoping online. This has led to increase the demand for efficient logistics operations, including warehousing, sorting and last -mile delivery.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure Growth Installed base and New Technology Penetration
The Asia machine vision logistics market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Asia Machine Vision Logistics Market, the impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the Machine vision logistics market. The data is available for the historic period 2015-2020.
Competitive Landscape and Asia Machine Vision Logistics Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the Asia machine vision logistics market are:
KEYENCE CORPORATION, Basler AG, TELEDYNE TECHNOLOGIES, Delta Electronics, Inc., Datalogic S.p.A., Texas Instruments Incorporated, Intel Corporation, SICK AG, Sony Group Corporation, Omron Microscan Systems, Inc., Allied Vision Technologies GmbH, LMI TECHNOLOGIES INC., Canon Inc., Baumer, Hikrobot Technology Co., Ltd., Cincoze Co., Ltd., VITRONIC, Cognex Corporation, Dorabot Inc., Aqrose Technology Co. Ltd, and neuphonix machine vision among others.
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