3D Machine Vision Market

3D Machine Vision Market Outlook (2023 to 2033)

The global 3D machine vision market is valued at US$ 2 billion in 2023 and is predicted to reach US$ 5 billion by 2033, increasing at an impressive CAGR of 9.6% during the forecast period (2023 to 2033).

3D machine vision is a combination of hardware products, software, and integrated systems that provides a three-dimensional digitized model of the scanned item to improve application performance.

Before the introduction of 3D machine vision technology, processing 2D image data was the norm. Due to the restrictions of 2D cameras, 3D machine vision systems are becoming more popular. 2D machine vision technology can offer a two-dimensional map of the scanned objects, and related applications include barcode scanning, feature verification, surveillance, and label orientation. Nevertheless, 3D image data can often reflect more accurate measurements of complicated product structures, opening up new application possibilities.

2D image data can follow moving objects and establish location solely in 2D space to obtain a flat and two-dimensional image involving the X and Y axis data. On the flip side, 3D machine vision systems work with all three axes (X, Y, and Z). A 3D machine vision system can identify and move objects irrespective of their location or irregular shape.

Even when product color, breadth, length, and depth differ, 3D vision technology ensures dependable 3D vision examination. Shifting from 2D vision to 3D machine vision has certainly supported the 3D machine vision market expansion, which shows no signs of abating.

Resolution and sensitivity are critical components of any machine vision system. Resolution is essential for distinguishing between items, while sensitivity is the machine's ability to identify objects or weak signals despite invisible wavelengths or dim lights.

Manufacturing activities and industrial production are becoming more intricate by the day, making it more challenging and unreliable for the human eye to notice, observe, and assess industrial processes. Due to the rising need for effective and accurate examination and assessment, the technology is seeing widespread use in industrial processes and substantially reducing human involvement. Machine vision systems use smart cameras and image processing to conduct inspections and measurements.

The technology is garnering popularity in the pharmaceutical, automotive, food and beverage, and other industrial sectors due to capabilities such as enhanced object detection, monitoring accuracy, improved analysis, and specific component measuring.

As per Fact.MR, a market research and competitive intelligence provider, such aspects will spur the global demand for 3D machine vision systems over the coming years.

Report Attributes	Details
3D Machine Vision Market Size (2023)	US$ 2 Billion
Projected Market Value (2033)	US$ 5 Billion
Global Market Growth Rate (2023 to 2033)	9.6% CAGR
Asia Pacific Market Share (2022)	38%
Leading Product Segment	Smart Camera-based Systems
Key Companies Profiled	Basler AG Hermary Opto Electronics Inc Cognex Corporation Isra Vision AG LMI Technologies, Inc Keyence Corporation

Why are 3D Machine Vision Systems Getting Immense Prominence?

“High Demand for Quality Inspection and Automation”

In recent years, there has been an increase in demand for quality inspection and automation throughout several industrial verticals, which is fueling the market expansion. The growing acceptance of automation throughout the food and beverage, automotive, chemical, packaging, and pharmaceutical sectors is boosting the requirement for vision-guided robotic systems.

Moreover, following the emergence of COVID-19, manufacturers are expanding their expenditures in automation. Consequently, 3D machine vision is increasingly recognized as an essential component of long-term automation development. As a result, these factors are boosting the adoption of 3D machine vision (MV) systems.

Country-wise Insights

How are Japan and South Korea Assisting Asia Pacific in Maintaining Market Dominance?

“Heavy Focus on Automating Manufacturing Processes”

Asia Pacific is dominating the worldwide market for 3D machine vision systems and is projected to continue during the forecast period. Asia Pacific accounted for 38% of the global market in 2022. Demand for the technology is gaining traction due to the presence of robust manufacturing facilities in the region.

Moreover, the increasing awareness of, and demand for, high-quality, defect-free products has increased the demand for 3D machine vision systems in inspection-related applications in manufacturing.

Japan and South Korea are significantly supporting the regional market. These countries' major manufacturing facilities are heavily focused on automating manufacturing processes. Moreover, growing usage in the consumer electronics industry in Japan and South Korea is propelling market growth.

Why is the United States a Huge Market for 3D Machine Vision Technology?

“Massive Investments in Automation, Robotics, and Industry 4.0 Technologies”

The usage of 3D machine vision technologies is escalating in North America. The increased use of automation across all industrial verticals, especially in the consumer electronics and automotive sectors, is one of the primary reasons driving the regional market growth.

The United States is leading the regional market growth. The significant investments in automation, robotics, and Industry 4.0 technologies, as well as the rising demand for safety and inspection vision systems, are important factors driving the growth of the United States market.

How is the 3D Machine Vision Market Faring in Germany?

“Germany to Play Leading Role in European Market“

The European market is rising at a considerable pace. Germany has an important role in the regional market due to its thriving automotive industry. Germany's automotive industry has achieved global recognition for automotive production. Germany also boasts the most original equipment manufacturing plants in Europe. The country currently has 43 OEM locations.

Moreover, in recent years, Germany has spent more than US$ 400 million to promote the expansion of Industry 4.0, which would use IoT, artificial intelligence, and robotics in advanced manufacturing. Such factors are also raising the demand for 3D machine vision technologies in the country.

Category-wise Insights

Why is Demand for Smart Camera-based Systems Gaining Traction?

“Increasing Usage for Inspection and Quality Assurance”

Demand for smart camera-based systems is estimated to swell at a CAGR of 5.6% during the study period. Smart cameras assist a 3D MV system by digitizing and transmitting frames for computer analysis. A smart camera has a single image sensor incorporated into it. Smart cameras are typically designed for specific applications where space constraints necessitate a compact size.

They are used for a variety of automated activities, whether as part of a multipart 3D machine vision system or as solo image processors. Smart cameras are regarded as a useful solution for speeding automation techniques or incorporating vision systems into production processes due to their low cost and ease of usage. Smart cameras are in high demand in industrial production as manufacturers frequently utilize them for inspection and quality assurance.

Why are 3D Machine Vision Systems Widely Used in the Automotive Industry?

“Extensive Use of Technology for Inspection Purposes”

In the automotive industry, 3D machine vision system is widely utilized for inspection reasons such as assembly verification, error proofing, presence-absence checking, and final inspection. Furthermore, the 3D machine vision system is utilized for robotic guidance, testing automation, and dimensional gauging.

Moreover, the food and beverage industry is also making effective use of 3D machine vision systems due to the increasing safety practices and rigorous government requirements driving enterprises to use advanced inspection techniques as part of automation.

Inspection of food (mainly concerned with contaminants or defects), quality control, and, in some circumstances, assembly control of more complicated foods (layer cakes and pizzas) during food processing are some of the key areas of application for 3D machine vision systems. Moreover, the increased customer expectations have raised the demand for food quality and safety, leading to the increased usage of automated systems in the food sector.

Competitive Landscape

Key players in the 3D machine vision market are concentrating on tactics such as acquisitions, investments, new developments, and collaborations to gain market share. Furthermore, numerous start-ups are attempting to advance machine vision technologies which will contribute to market growth.

• Saccade Vision, an Israeli start-up, is developing a machine vision system for industrial automation. The start-up's technology allows dimensional inspection and robotic guidance using a micro-electromechanical system (MEMS)-based 3D triangulation profiler and 3D machine vision. It scans in several directions, with essential places chosen in high resolution, and optimizes data collecting and processing locally. Its adaptable design allows it to use the same inspection hardware for various parts and processes. Furthermore, the solution provides comprehensive process and machine health data to enhance manufacturing.
• In February 2022, Basler AG broadened its 3D range with an industrial-grade stereo camera series. Basler Stereo Cameras allow robots to grasp their surroundings in real time. The five model types are offered in 65-millimeter and 160-millimeter basic distances, as well as color and monochrome versions. All cameras come with a pre-installed, flexible onboard software package that is appropriate for common robotics applications like bin picking and object recognition.
• OMRON Corporation launched its new FH-SMD Series 3D vision sensor in March 2021. The FH-SMD Series can be fitted to a robot to identify randomly arranged (bulk) automotive components in three dimensions, allowing for space-saving assembly, examination, and pick & place, which is challenging with traditional robotics.
• Coherix, Inc., the worldwide leader in breakthrough 3D adaptive process control for dispensing applications, unveiled PrimerMaster Pro, its sophisticated machine vision technology, in January 2021. In the automotive manufacturing process, this innovative product inspects and measures the placement and width of primer put onto the glass.

Key Segments of 3D Machine Vision Industry Research

• By Product :

  • Smart Camera-based
  • PC-based

• By Offering :

  • Hardware
  • Software

• By Application :

  • Quality Assurance & Inspection
  • Positioning & Guidance
  • Measurement
  • Others

• By End Use :

  • Automotive
  • Pharmaceuticals
  • Chemicals
  • Electronics & Semiconductors
  • Food & Beverages
  • Agriculture
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific & China
  • Middle East & Africa