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LAMEA Machine Vision Systems Market Size, Share & Trends Analysis Report By Component, By Application, By Vertical, By Type (2D, 3D, and 1D), By Country and Growth Forecast, 2024 - 2031

Published Date : 11-Dec-2024

Pages: 147

Formats: PDF

The Latin America, Middle East and Africa Machine Vision Systems Market would witness market growth of 16.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Machine Vision Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,031.5 million by 2031. The Argentina market is showcasing a CAGR of 17.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.3% during (2024 - 2031).

LAMEA Machine Vision Systems Market

Integrating AI and ML with these systems has revolutionized the market. AI-powered systems can improve over time by learning from previous inspections and adapting to new situations. This integration allows for higher accuracy and greater flexibility in applications involving complex image analysis tasks.

With the continuous decrease in the cost of cameras, sensors, and computing power, these systems have become more affordable and accessible. This has facilitated the adoption of machine vision across small- and medium-sized enterprises (SMEs) that may not have had the resources to implement such technology previously.

The UAE is aggressively pursuing digital transformation within its manufacturing sector through the federal “Industry 4.0” initiative, spearheaded by the UAE Ministry of Industry and Advanced Technology. This ambitious program aims to enhance the digital capabilities of thousands of local manufacturers by forming strategic partnerships with leading global technology companies. Brazil's manufacturing sector has expanded, driven by domestic demand and export opportunities. Industries such as automotive, food and beverage, and consumer goods are investing in advanced technologies to improve efficiency and productivity. MVS are increasingly utilized for quality control, inspection, and automation in these manufacturing processes. Thus, the UAE's focus on digital transformation and Brazil's expanding manufacturing sector and automation investments are key drivers of the machine vision systems market's growth.

Free Valuable Insights: The Worldwide Machine Vision Systems Market is Projected to reach USD 133.5 Billion by 2031, at a CAGR of 13.7%

Based on Component, the market is segmented into Smart Camera, Embedded System, Lighting, Frame Grabber, and Other Component. Based on Application, the market is segmented into Flaw Detection, Verification, Identification, Measurement, and Positioning. Based on Vertical, the market is segmented into Industrial, Electronics, Automotive, Healthcare, and Other Vertical. Based on Type, the market is segmented into 2D, 3D, and 1D. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Sony Corporation
  • Texas Instruments, Inc.
  • Baumer Holding AG
  • SICK AG
  • Canon, Inc.
  • Teledyne FLIR LLC
  • Intel Corporation
  • Omron Corporation
  • Denso Corporation
  • Microsoft Corporation

LAMEA Machine Vision Systems Market Report Segmentation

By Component

  • Smart Camera
  • Embedded System
  • Lighting
  • Frame Grabber
  • Other Component

By Application

  • Flaw Detection
  • Verification
  • Identification
  • Measurement
  • Positioning

By Vertical

  • Industrial
  • Electronics
  • Automotive
  • Healthcare
  • Other Vertical

By Type

  • 2D
  • 3D
  • 1D

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Machine Vision Systems Market, by Component
1.4.2 LAMEA Machine Vision Systems Market, by Application
1.4.3 LAMEA Machine Vision Systems Market, by Vertical
1.4.4 LAMEA Machine Vision Systems Market, by Type
1.4.5 LAMEA Machine Vision Systems Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategic Deployed in Machine Vision Systems Market
4.3 Porter Five Forces Analysis

Chapter 5. LAMEA Machine Vision Systems Market by Component
5.1 LAMEA Smart Camera Market by Country
5.2 LAMEA Embedded System Market by Country
5.3 LAMEA Lighting Market by Country
5.4 LAMEA Frame Grabber Market by Country
5.5 LAMEA Other Component Market by Country

Chapter 6. LAMEA Machine Vision Systems Market by Application
6.1 LAMEA Flaw Detection Market by Country
6.2 LAMEA Verification Market by Country
6.3 LAMEA Identification Market by Country
6.4 LAMEA Measurement Market by Country
6.5 LAMEA Positioning Market by Country

Chapter 7. LAMEA Machine Vision Systems Market by Vertical
7.1 LAMEA Industrial Market by Country
7.2 LAMEA Electronics Market by Country
7.3 LAMEA Automotive Market by Country
7.4 LAMEA Healthcare Market by Country
7.5 LAMEA Other Vertical Market by Country

Chapter 8. LAMEA Machine Vision Systems Market by Type
8.1 LAMEA 2D Market by Country
8.2 LAMEA 3D Market by Country
8.3 LAMEA 1D Market by Country

Chapter 9. LAMEA Machine Vision Systems Market by Country
9.1 Brazil Machine Vision Systems Market
9.1.1 Brazil Machine Vision Systems Market by Component
9.1.2 Brazil Machine Vision Systems Market by Application
9.1.3 Brazil Machine Vision Systems Market by Vertical
9.1.4 Brazil Machine Vision Systems Market by Type
9.2 Argentina Machine Vision Systems Market
9.2.1 Argentina Machine Vision Systems Market by Component
9.2.2 Argentina Machine Vision Systems Market by Application
9.2.3 Argentina Machine Vision Systems Market by Vertical
9.2.4 Argentina Machine Vision Systems Market by Type
9.3 UAE Machine Vision Systems Market
9.3.1 UAE Machine Vision Systems Market by Component
9.3.2 UAE Machine Vision Systems Market by Application
9.3.3 UAE Machine Vision Systems Market by Vertical
9.3.4 UAE Machine Vision Systems Market by Type
9.4 Saudi Arabia Machine Vision Systems Market
9.4.1 Saudi Arabia Machine Vision Systems Market by Component
9.4.2 Saudi Arabia Machine Vision Systems Market by Application
9.4.3 Saudi Arabia Machine Vision Systems Market by Vertical
9.4.4 Saudi Arabia Machine Vision Systems Market by Type
9.5 South Africa Machine Vision Systems Market
9.5.1 South Africa Machine Vision Systems Market by Component
9.5.2 South Africa Machine Vision Systems Market by Application
9.5.3 South Africa Machine Vision Systems Market by Vertical
9.5.4 South Africa Machine Vision Systems Market by Type
9.6 Nigeria Machine Vision Systems Market
9.6.1 Nigeria Machine Vision Systems Market by Component
9.6.2 Nigeria Machine Vision Systems Market by Application
9.6.3 Nigeria Machine Vision Systems Market by Vertical
9.6.4 Nigeria Machine Vision Systems Market by Type
9.7 Rest of LAMEA Machine Vision Systems Market
9.7.1 Rest of LAMEA Machine Vision Systems Market by Component
9.7.2 Rest of LAMEA Machine Vision Systems Market by Application
9.7.3 Rest of LAMEA Machine Vision Systems Market by Vertical
9.7.4 Rest of LAMEA Machine Vision Systems Market by Type

Chapter 10. Company Profiles
10.1 Sony Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Texas Instruments, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Baumer Holding AG
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Product Launches and Product Expansions:
10.3.3 SWOT Analysis
10.4 Sick AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Canon, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.7 Intel Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Omron Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Denso Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.10. Microsoft Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis
TABLE 1 LAMEA Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 4 LAMEA Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 5 LAMEA Smart Camera Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Smart Camera Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Embedded System Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Embedded System Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Lighting Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Lighting Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Frame Grabber Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Frame Grabber Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Other Component Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Other Component Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 16 LAMEA Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 17 LAMEA Flaw Detection Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Flaw Detection Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Verification Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Verification Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Identification Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Identification Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Measurement Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Measurement Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Positioning Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Positioning Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 28 LAMEA Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 29 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Electronics Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Electronics Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 40 LAMEA Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 41 LAMEA 2D Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA 2D Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA 3D Market by Country, 2020 - 2023, USD Million
TABLE 44 LAMEA 3D Market by Country, 2024 - 2031, USD Million
TABLE 45 LAMEA 1D Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA 1D Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Machine Vision Systems Market by Country, 2020 - 2023, USD Million
TABLE 48 LAMEA Machine Vision Systems Market by Country, 2024 - 2031, USD Million
TABLE 49 Brazil Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 50 Brazil Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 51 Brazil Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 52 Brazil Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 53 Brazil Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 54 Brazil Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 55 Brazil Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 56 Brazil Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 57 Brazil Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 58 Brazil Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 59 Argentina Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 60 Argentina Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 61 Argentina Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 62 Argentina Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 63 Argentina Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 64 Argentina Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 65 Argentina Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 66 Argentina Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 67 Argentina Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 68 Argentina Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 69 UAE Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 70 UAE Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 71 UAE Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 72 UAE Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 73 UAE Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 74 UAE Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 75 UAE Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 76 UAE Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 77 UAE Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 78 UAE Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 79 Saudi Arabia Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 80 Saudi Arabia Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 81 Saudi Arabia Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 82 Saudi Arabia Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 83 Saudi Arabia Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 84 Saudi Arabia Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 85 Saudi Arabia Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 88 Saudi Arabia Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 89 South Africa Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 90 South Africa Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 91 South Africa Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 92 South Africa Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 93 South Africa Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 94 South Africa Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 95 South Africa Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 96 South Africa Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 97 South Africa Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 98 South Africa Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 99 Nigeria Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 100 Nigeria Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 101 Nigeria Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 102 Nigeria Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 103 Nigeria Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 104 Nigeria Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 105 Nigeria Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 106 Nigeria Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 107 Nigeria Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 108 Nigeria Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 109 Rest of LAMEA Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 110 Rest of LAMEA Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 111 Rest of LAMEA Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 112 Rest of LAMEA Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 113 Rest of LAMEA Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 114 Rest of LAMEA Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 115 Rest of LAMEA Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 116 Rest of LAMEA Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 117 Rest of LAMEA Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 118 Rest of LAMEA Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 119 Key Information – Sony Corporation
TABLE 120 Key Information – Texas Instruments, Inc.
TABLE 121 key information – Baumer Holding AG
TABLE 122 Key Information – Sick AG
TABLE 123 Key Information – Canon, Inc.
TABLE 124 Key Information – Teledyne FLIR LLC
TABLE 125 Key Information – Intel Corporation
TABLE 126 Key Information – Omron Corporation
TABLE 127 Key Information – Denso Corporation
TABLE 128 Key Information – Microsoft Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Machine Vision Systems Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Machine Vision Systems Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Machine Vision Systems Market
FIG 6 LAMEA Machine Vision Systems Market share by Component, 2023
FIG 7 LAMEA Machine Vision Systems Market share by Component, 2031
FIG 8 LAMEA Machine Vision Systems Market by Component, 2020 - 2031, USD Million
FIG 9 LAMEA Machine Vision Systems Market share by Application, 2023
FIG 10 LAMEA Machine Vision Systems Market share by Application, 2031
FIG 11 LAMEA Machine Vision Systems Market by Application, 2020 - 2031, USD Million
FIG 12 LAMEA Machine Vision Systems Market share by Vertical, 2023
FIG 13 LAMEA Machine Vision Systems Market share by Vertical, 2031
FIG 14 LAMEA Machine Vision Systems Market by Vertical, 2020 - 2031, USD Million
FIG 15 LAMEA Machine Vision Systems Market share by Type, 2023
FIG 16 LAMEA Machine Vision Systems Market share by Type, 2031
FIG 17 LAMEA Machine Vision Systems Market by Type, 2020 - 2031, USD Million
FIG 18 LAMEA Machine Vision Systems Market share by Country, 2023
FIG 19 LAMEA Machine Vision Systems Market share by Country, 2031
FIG 20 LAMEA Machine Vision Systems Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Sony Corporation
FIG 22 SWOT Analysis: Sony Corporation
FIG 23 SWOT Analysis: Texas Instruments, Inc.
FIG 24 Swot Analysis: Baumer Holding AG
FIG 25 SWOT Analysis: Sick AG
FIG 26 Recent strategies and developments: CANON, INC.
FIG 27 SWOT Analysis: CANON, INC.
FIG 28 SWOT Analysis: Intel corporation
FIG 29 SWOT Analysis: Omron Corporation
FIG 30 SWOT Analysis: Denso Corporation
FIG 31 SWOT Analysis: Microsoft Corporation

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