The North America Machine Vision Systems Market would witness market growth of 12.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Machine Vision Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26,321.1 million by 2031. The Canada market is experiencing a CAGR of 15.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.4% during (2024 - 2031).
This market has witnessed substantial growth in recent years, driven by technological advancements, the rise of automation across various industries, and the increasing adoption of artificial intelligence (AI) and machine learning (ML) in production environments. These systems automate industrial applications' visual inspection, measurement, and identification.
These systems are used in various applications across multiple industries, including manufacturing, automotive, healthcare, agriculture, logistics, food and beverage, and electronics. One of the most significant uses of machine vision is in quality control in manufacturing environments. These systems can inspect products quickly, identifying defects, inconsistencies, or deviations from design specifications.
This market in the USA and Canada is experiencing substantial growth, driven by several key factors. These factors include advancements in automation technologies, increasing adoption of Industry 4.0 principles, and robust investments in manufacturing and technology sectors. The U.S. is at the forefront of adopting advanced automation technologies across various industries, including automotive, electronics, and pharmaceuticals. The U.S. manufacturing sector rapidly embraces Industry 4.0, which emphasizes using connected devices, IoT, and AI-driven analytics. MVS plays a crucial role in this transformation by enabling real-time monitoring and data collection on the production floor. In conclusion, the growth of the machine vision systems market in the USA and Canada is propelled by advancements in automation, the adoption of Industry 4.0, robust investments in technology, and demand for high-quality manufacturing.
Free Valuable Insights: The Machine Vision Systems Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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
By Country
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 2 North America Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 3 North America Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 4 North America Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 5 North America Smart Camera Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Smart Camera Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Embedded System Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Embedded System Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Lighting Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Lighting Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Frame Grabber Market by Region, 2020 - 2023, USD Million
TABLE 12 North America Frame Grabber Market by Region, 2024 - 2031, USD Million
TABLE 13 North America Other Component Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Other Component Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 16 North America Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 17 North America Flaw Detection Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Flaw Detection Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Verification Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Verification Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Identification Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Identification Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Measurement Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Measurement Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Positioning Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Positioning Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 28 North America Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 29 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Electronics Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Electronics Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 40 North America Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 41 North America 2D Market by Country, 2020 - 2023, USD Million
TABLE 42 North America 2D Market by Country, 2024 - 2031, USD Million
TABLE 43 North America 3D Market by Country, 2020 - 2023, USD Million
TABLE 44 North America 3D Market by Country, 2024 - 2031, USD Million
TABLE 45 North America 1D Market by Country, 2020 - 2023, USD Million
TABLE 46 North America 1D Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Machine Vision Systems Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Machine Vision Systems Market by Country, 2024 - 2031, USD Million
TABLE 49 US Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 50 US Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 51 US Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 52 US Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 53 US Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 54 US Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 55 US Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 56 US Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 57 US Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 58 US Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 59 Canada Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 60 Canada Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 61 Canada Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 62 Canada Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 63 Canada Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 64 Canada Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 65 Canada Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 66 Canada Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 67 Canada Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 68 Canada Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 69 Mexico Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 70 Mexico Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 71 Mexico Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 72 Mexico Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 73 Mexico Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 74 Mexico Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 75 Mexico Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 76 Mexico Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 77 Mexico Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 78 Mexico Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 79 Rest of North America Machine Vision Systems Market, 2020 - 2023, USD Million
TABLE 80 Rest of North America Machine Vision Systems Market, 2024 - 2031, USD Million
TABLE 81 Rest of North America Machine Vision Systems Market by Component, 2020 - 2023, USD Million
TABLE 82 Rest of North America Machine Vision Systems Market by Component, 2024 - 2031, USD Million
TABLE 83 Rest of North America Machine Vision Systems Market by Application, 2020 - 2023, USD Million
TABLE 84 Rest of North America Machine Vision Systems Market by Application, 2024 - 2031, USD Million
TABLE 85 Rest of North America Machine Vision Systems Market by Vertical, 2020 - 2023, USD Million
TABLE 86 Rest of North America Machine Vision Systems Market by Vertical, 2024 - 2031, USD Million
TABLE 87 Rest of North America Machine Vision Systems Market by Type, 2020 - 2023, USD Million
TABLE 88 Rest of North America Machine Vision Systems Market by Type, 2024 - 2031, USD Million
TABLE 89 Key Information – Sony Corporation
TABLE 90 Key Information – Texas Instruments, Inc.
TABLE 91 key information – Baumer Holding AG
TABLE 92 Key Information – Sick AG
TABLE 93 Key Information – Canon, Inc.
TABLE 94 Key Information – Teledyne FLIR LLC
TABLE 95 Key Information – Intel Corporation
TABLE 96 Key Information – Omron Corporation
TABLE 97 Key Information – Denso Corporation
TABLE 98 Key Information – Microsoft Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Machine Vision Systems Market share by Component, 2023
FIG 7 North America Machine Vision Systems Market share by Component, 2031
FIG 8 North America Machine Vision Systems Market by Component, 2020 - 2031, USD Million
FIG 9 North America Machine Vision Systems Market share by Application, 2023
FIG 10 North America Machine Vision Systems Market share by Application, 2031
FIG 11 North America Machine Vision Systems Market by Application, 2020 - 2031, USD Million
FIG 12 North America Machine Vision Systems Market share by Vertical, 2023
FIG 13 North America Machine Vision Systems Market share by Vertical, 2031
FIG 14 North America Machine Vision Systems Market by Vertical, 2020 - 2031, USD Million
FIG 15 North America Machine Vision Systems Market share by Type, 2023
FIG 16 North America Machine Vision Systems share Market by Type, 2031
FIG 17 North America Machine Vision Systems Market by Type, 2020 - 2031, USD Million
FIG 18 North America Machine Vision Systems Market share by Country, 2023
FIG 19 North America Machine Vision Systems Market share by Country, 2031
FIG 20 North America 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