Machine Vision Cameras Market Dynamics 2021-2031
With the increasing adoption of machine vision systems in various industrial verticals for production automation, the demand for machine vision cameras is likely to increase in the coming years. The machine vision cameras help in identifying defects that are difficult to inspect and visualize by humans. Machine vision also helps in aligning the parts for high accuracy in assembly operations.
MARKET SCOPE
The "Global Machine Vision Cameras Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the machine vision cameras market with detailed market segmentation by type, products, application, industry, and geography. The report provides key statistics on the market status of the leading machine vision cameras market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global machine vision cameras market is segmented into vision sensors and smart cameras.
- On the basis of product, the market is segmented into area scan cameras, line scan cameras, 3D cameras, video cameras, multiple cameras, and others.
- Based on application, the market is segmented into inspection, location analysis, pattern recognition, and measurement.
- Based on industry, the market is segmented into automotive, defense and aerospace, electronics and semicondutor, food and beverage, healthcare, packaging and printing industry, pharmaceuticals, and others.
MARKET DYNAMICS
Drivers
- The reduced size of cameras provides flexibility for data capturing and identification, resulting in the market growth.
- The growing adoption of advanced technologies across industries are driving the machine vision camera market.
Restraints
- Lack of skilled labor and the inconsistent demand from the industries restrain the growth of the machine vision camera market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The machine vision cameras market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the machine vision cameras market in these regions.
IMPACT OF COVID-19 ON MACHINE VISION CAMERAS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The machine vision cameras market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the machine vision cameras market in these regions.
IMPACT OF COVID-19 ON MACHINE VISION CAMERAS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the machine vision cameras market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from machine vision cameras market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the machine vision cameras market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Basler AG
- Cognex Corporation
- KEYENCE CORPORATION
- Allied Vision Technologies GmbH (TKH Technologie Deutschland AG)
- PULNiX America(JAI A/S)
- National Instruments
- OMRON Corporation
- Teledyne DALSA Inc.(Teledyne Technologies International Corp)
- Texas Instruments Incorporated
- SICK AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Machine Vision Cameras Market - By Type
1.3.2 Machine Vision Cameras Market - By Products
1.3.3 Machine Vision Cameras Market - By Application
1.3.4 Machine Vision Cameras Market - By Industry
1.3.5 Machine Vision Cameras Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MACHINE VISION CAMERAS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MACHINE VISION CAMERAS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MACHINE VISION CAMERAS MARKET - GLOBAL MARKET ANALYSIS
6.1. MACHINE VISION CAMERAS - GLOBAL MARKET OVERVIEW
6.2. MACHINE VISION CAMERAS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MACHINE VISION CAMERAS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. VISION SENSORS
7.3.1. Overview
7.3.2. Vision Sensors Market Forecast and Analysis
7.4. SMART CAMERAS
7.4.1. Overview
7.4.2. Smart Cameras Market Forecast and Analysis
8. MACHINE VISION CAMERAS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCTS
8.1. OVERVIEW
8.2. PRODUCTS MARKET FORECASTS AND ANALYSIS
8.3. AREA SCAN CAMERAS
8.3.1. Overview
8.3.2. Area Scan Cameras Market Forecast and Analysis
8.4. LINE SCAN CAMERAS
8.4.1. Overview
8.4.2. Line Scan Cameras Market Forecast and Analysis
8.5. 3D CAMERAS
8.5.1. Overview
8.5.2. 3D Cameras Market Forecast and Analysis
8.6. VIDEO CAMERAS
8.6.1. Overview
8.6.2. Video Cameras Market Forecast and Analysis
8.7. MULTIPLE CAMERAS
8.7.1. Overview
8.7.2. Multiple Cameras Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MACHINE VISION CAMERAS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. INSPECTION
9.3.1. Overview
9.3.2. Inspection Market Forecast and Analysis
9.4. LOCATION ANALYSIS
9.4.1. Overview
9.4.2. Location Analysis Market Forecast and Analysis
9.5. PATTERN RECOGNITION
9.5.1. Overview
9.5.2. Pattern Recognition Market Forecast and Analysis
9.6. MEASUREMENT
9.6.1. Overview
9.6.2. Measurement Market Forecast and Analysis
10. MACHINE VISION CAMERAS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
10.1. OVERVIEW
10.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. AUTOMOTIVE
10.3.1. Overview
10.3.2. Automotive Market Forecast and Analysis
10.4. DEFENSE AND AEROSPACE
10.4.1. Overview
10.4.2. Defense and Aerospace Market Forecast and Analysis
10.5. ELECTRONICS AND SEMICONDUCTOR
10.5.1. Overview
10.5.2. Electronics and Semiconductor Market Forecast and Analysis
10.6. FOOD AND BEVERAGE
10.6.1. Overview
10.6.2. Food and Beverage Market Forecast and Analysis
10.7. HEALTHCARE
10.7.1. Overview
10.7.2. Healthcare Market Forecast and Analysis
10.8. PACKAGING AND PRINTING INDUSTRY
10.8.1. Overview
10.8.2. Packaging and Printing Industry Market Forecast and Analysis
10.9. PHARMACEUTICALS
10.9.1. Overview
10.9.2. Pharmaceuticals Market Forecast and Analysis
10.10. OTHERS
10.10.1. Overview
10.10.2. Others Market Forecast and Analysis
11. MACHINE VISION CAMERAS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Machine Vision Cameras Market Overview
11.1.2 North America Machine Vision Cameras Market Forecasts and Analysis
11.1.3 North America Machine Vision Cameras Market Forecasts and Analysis - By Type
11.1.4 North America Machine Vision Cameras Market Forecasts and Analysis - By Products
11.1.5 North America Machine Vision Cameras Market Forecasts and Analysis - By Application
11.1.6 North America Machine Vision Cameras Market Forecasts and Analysis - By Industry
11.1.7 North America Machine Vision Cameras Market Forecasts and Analysis - By Countries
11.1.7.1 United States Machine Vision Cameras Market
11.1.7.1.1 United States Machine Vision Cameras Market by Type
11.1.7.1.2 United States Machine Vision Cameras Market by Products
11.1.7.1.3 United States Machine Vision Cameras Market by Application
11.1.7.1.4 United States Machine Vision Cameras Market by Industry
11.1.7.2 Canada Machine Vision Cameras Market
11.1.7.2.1 Canada Machine Vision Cameras Market by Type
11.1.7.2.2 Canada Machine Vision Cameras Market by Products
11.1.7.2.3 Canada Machine Vision Cameras Market by Application
11.1.7.2.4 Canada Machine Vision Cameras Market by Industry
11.1.7.3 Mexico Machine Vision Cameras Market
11.1.7.3.1 Mexico Machine Vision Cameras Market by Type
11.1.7.3.2 Mexico Machine Vision Cameras Market by Products
11.1.7.3.3 Mexico Machine Vision Cameras Market by Application
11.1.7.3.4 Mexico Machine Vision Cameras Market by Industry
11.2. EUROPE
11.2.1 Europe Machine Vision Cameras Market Overview
11.2.2 Europe Machine Vision Cameras Market Forecasts and Analysis
11.2.3 Europe Machine Vision Cameras Market Forecasts and Analysis - By Type
11.2.4 Europe Machine Vision Cameras Market Forecasts and Analysis - By Products
11.2.5 Europe Machine Vision Cameras Market Forecasts and Analysis - By Application
11.2.6 Europe Machine Vision Cameras Market Forecasts and Analysis - By Industry
11.2.7 Europe Machine Vision Cameras Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Machine Vision Cameras Market
11.2.7.1.1 Germany Machine Vision Cameras Market by Type
11.2.7.1.2 Germany Machine Vision Cameras Market by Products
11.2.7.1.3 Germany Machine Vision Cameras Market by Application
11.2.7.1.4 Germany Machine Vision Cameras Market by Industry
11.2.7.2 France Machine Vision Cameras Market
11.2.7.2.1 France Machine Vision Cameras Market by Type
11.2.7.2.2 France Machine Vision Cameras Market by Products
11.2.7.2.3 France Machine Vision Cameras Market by Application
11.2.7.2.4 France Machine Vision Cameras Market by Industry
11.2.7.3 Italy Machine Vision Cameras Market
11.2.7.3.1 Italy Machine Vision Cameras Market by Type
11.2.7.3.2 Italy Machine Vision Cameras Market by Products
11.2.7.3.3 Italy Machine Vision Cameras Market by Application
11.2.7.3.4 Italy Machine Vision Cameras Market by Industry
11.2.7.4 United Kingdom Machine Vision Cameras Market
11.2.7.4.1 United Kingdom Machine Vision Cameras Market by Type
11.2.7.4.2 United Kingdom Machine Vision Cameras Market by Products
11.2.7.4.3 United Kingdom Machine Vision Cameras Market by Application
11.2.7.4.4 United Kingdom Machine Vision Cameras Market by Industry
11.2.7.5 Russia Machine Vision Cameras Market
11.2.7.5.1 Russia Machine Vision Cameras Market by Type
11.2.7.5.2 Russia Machine Vision Cameras Market by Products
11.2.7.5.3 Russia Machine Vision Cameras Market by Application
11.2.7.5.4 Russia Machine Vision Cameras Market by Industry
11.2.7.6 Rest of Europe Machine Vision Cameras Market
11.2.7.6.1 Rest of Europe Machine Vision Cameras Market by Type
11.2.7.6.2 Rest of Europe Machine Vision Cameras Market by Products
11.2.7.6.3 Rest of Europe Machine Vision Cameras Market by Application
11.2.7.6.4 Rest of Europe Machine Vision Cameras Market by Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Machine Vision Cameras Market Overview
11.3.2 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis
11.3.3 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis - By Products
11.3.5 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis - By Industry
11.3.7 Asia-Pacific Machine Vision Cameras Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Machine Vision Cameras Market
11.3.7.1.1 Australia Machine Vision Cameras Market by Type
11.3.7.1.2 Australia Machine Vision Cameras Market by Products
11.3.7.1.3 Australia Machine Vision Cameras Market by Application
11.3.7.1.4 Australia Machine Vision Cameras Market by Industry
11.3.7.2 China Machine Vision Cameras Market
11.3.7.2.1 China Machine Vision Cameras Market by Type
11.3.7.2.2 China Machine Vision Cameras Market by Products
11.3.7.2.3 China Machine Vision Cameras Market by Application
11.3.7.2.4 China Machine Vision Cameras Market by Industry
11.3.7.3 India Machine Vision Cameras Market
11.3.7.3.1 India Machine Vision Cameras Market by Type
11.3.7.3.2 India Machine Vision Cameras Market by Products
11.3.7.3.3 India Machine Vision Cameras Market by Application
11.3.7.3.4 India Machine Vision Cameras Market by Industry
11.3.7.4 Japan Machine Vision Cameras Market
11.3.7.4.1 Japan Machine Vision Cameras Market by Type
11.3.7.4.2 Japan Machine Vision Cameras Market by Products
11.3.7.4.3 Japan Machine Vision Cameras Market by Application
11.3.7.4.4 Japan Machine Vision Cameras Market by Industry
11.3.7.5 South Korea Machine Vision Cameras Market
11.3.7.5.1 South Korea Machine Vision Cameras Market by Type
11.3.7.5.2 South Korea Machine Vision Cameras Market by Products
11.3.7.5.3 South Korea Machine Vision Cameras Market by Application
11.3.7.5.4 South Korea Machine Vision Cameras Market by Industry
11.3.7.6 Rest of SouthEast Asia Machine Vision Cameras Market
11.3.7.6.1 Rest of SouthEast Asia Machine Vision Cameras Market by Type
11.3.7.6.2 Rest of SouthEast Asia Machine Vision Cameras Market by Products
11.3.7.6.3 Rest of SouthEast Asia Machine Vision Cameras Market by Application
11.3.7.6.4 Rest of SouthEast Asia Machine Vision Cameras Market by Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Machine Vision Cameras Market Overview
11.4.2 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis
11.4.3 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis - By Products
11.4.5 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis - By Industry
11.4.7 Middle East and Africa Machine Vision Cameras Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Machine Vision Cameras Market
11.4.7.1.1 South Africa Machine Vision Cameras Market by Type
11.4.7.1.2 South Africa Machine Vision Cameras Market by Products
11.4.7.1.3 South Africa Machine Vision Cameras Market by Application
11.4.7.1.4 South Africa Machine Vision Cameras Market by Industry
11.4.7.2 Saudi Arabia Machine Vision Cameras Market
11.4.7.2.1 Saudi Arabia Machine Vision Cameras Market by Type
11.4.7.2.2 Saudi Arabia Machine Vision Cameras Market by Products
11.4.7.2.3 Saudi Arabia Machine Vision Cameras Market by Application
11.4.7.2.4 Saudi Arabia Machine Vision Cameras Market by Industry
11.4.7.3 U.A.E Machine Vision Cameras Market
11.4.7.3.1 U.A.E Machine Vision Cameras Market by Type
11.4.7.3.2 U.A.E Machine Vision Cameras Market by Products
11.4.7.3.3 U.A.E Machine Vision Cameras Market by Application
11.4.7.3.4 U.A.E Machine Vision Cameras Market by Industry
11.4.7.4 Rest of Middle East and Africa Machine Vision Cameras Market
11.4.7.4.1 Rest of Middle East and Africa Machine Vision Cameras Market by Type
11.4.7.4.2 Rest of Middle East and Africa Machine Vision Cameras Market by Products
11.4.7.4.3 Rest of Middle East and Africa Machine Vision Cameras Market by Application
11.4.7.4.4 Rest of Middle East and Africa Machine Vision Cameras Market by Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Machine Vision Cameras Market Overview
11.5.2 South and Central America Machine Vision Cameras Market Forecasts and Analysis
11.5.3 South and Central America Machine Vision Cameras Market Forecasts and Analysis - By Type
11.5.4 South and Central America Machine Vision Cameras Market Forecasts and Analysis - By Products
11.5.5 South and Central America Machine Vision Cameras Market Forecasts and Analysis - By Application
11.5.6 South and Central America Machine Vision Cameras Market Forecasts and Analysis - By Industry
11.5.7 South and Central America Machine Vision Cameras Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Machine Vision Cameras Market
11.5.7.1.1 Brazil Machine Vision Cameras Market by Type
11.5.7.1.2 Brazil Machine Vision Cameras Market by Products
11.5.7.1.3 Brazil Machine Vision Cameras Market by Application
11.5.7.1.4 Brazil Machine Vision Cameras Market by Industry
11.5.7.2 Argentina Machine Vision Cameras Market
11.5.7.2.1 Argentina Machine Vision Cameras Market by Type
11.5.7.2.2 Argentina Machine Vision Cameras Market by Products
11.5.7.2.3 Argentina Machine Vision Cameras Market by Application
11.5.7.2.4 Argentina Machine Vision Cameras Market by Industry
11.5.7.3 Rest of South and Central America Machine Vision Cameras Market
11.5.7.3.1 Rest of South and Central America Machine Vision Cameras Market by Type
11.5.7.3.2 Rest of South and Central America Machine Vision Cameras Market by Products
11.5.7.3.3 Rest of South and Central America Machine Vision Cameras Market by Application
11.5.7.3.4 Rest of South and Central America Machine Vision Cameras Market by Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. MACHINE VISION CAMERAS MARKET, KEY COMPANY PROFILES
13.1. BASLER AG
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. COGNEX CORPORATION
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. KEYENCE CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ALLIED VISION TECHNOLOGIES GMBH
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. PULNIX AMERICA(JAI A/S)
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. NATIONAL INSTRUMENTS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. OMRON CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. TELEDYNE DALSA INC.(TELEDYNE TECHNOLOGIES INTERNATIONAL CORP)
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TEXAS INSTRUMENTS INCORPORATED
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SICK AG
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Basler AG
2. Cognex Corporation
3. KEYENCE CORPORATION
4. Allied Vision Technologies GmbH
5. PULNiX America(JAI A/S)
6. National Instruments
7. OMRON Corporation
8. Teledyne DALSA Inc.(Teledyne Technologies International Corp)
9. Texas Instruments Incorporated
10. SICK AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.