Asia Machine Vision in Logistics Market is Growing with a CAGR of 10.6% in the Forecast Period of 2021 to 2028

Asia Machine Vision in Logistics Market is growing with factors such as Upsurge demand for quality control & seamless inspection in logistics, rising need for vision guided robots in industry shop floor, and increasing adoption of 3D machine vision system  across the verticals.

However, lack of standardization for various machine vision systems is hindering the growth of the market.

Asia Machine Vision in Logistics Market scenario                     

According to Data Bridge Market Research, the market for China has the highest market share followed by japan and south kore. Market leader is Cognex Corporation which caters almost 12.70% market share. Some of the recent developments by the company are-

  • In October 2020 , Cognex Corporation upgraded In-Sight D900 with a Deep Learning Vision System. This upgradation gave an essential feature of distinguishing numerous colors, which can be used for many assembly verifications and defect detection applications with key features such as easy detection, quick response, and cost-effectiveness. This product has wide applications such as industrial, public service, and healthcare, which will help the company expand its market in the coming years
  • In August 2020, Cognex Corporation launched 3D-A1000, a detection system capable of identifying objects in a parcel with unmatched accuracy. Key features of this product were motion-capable smart camera which helps to detect objects. Retailers can use it for better and accurate delivery of products. The unparalleled accuracy offered by this product makes it a unique product and an asset for the company, and it will help the company solidify itself as a major producer of vision technology products

Asia Machine Vision in Logistics MarketTrends Impacting the Market

Now the question is which other region Cognex Corporation is targeting? Data Bridge Market Research has forecasted a large growth of machine vision in logistics market and the market leaders targeting China and Japan to be their next pocket revenue for 2021.

The explosion-proof equipment market is becoming more competitive with companies like, SICK AG, Sony Group Corporation, and Cognex Corporation among others. These are the top dominating companies in machine vision in logistics market and have launched advanced services and solutions in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Asia machine vision in logistics market.

For more analysis on the Asia machine vision in logistics market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=asia-machine-vision-logistics-market

Asia Machine Vision in Logistics Market Developments

  • 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 analyse 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

Scope of the Asia Machine Vision in Logistics Market

All country based analysis of the Asia machine vision in logistics market is further analyzed based on maximum granularity into further segmentation.  Asia machine vision in logistics market is segmented into eight notable segments which are product type, type, component, application, deployment, functionality, end-user & business type. On the basis of product type, Asia machine vision in logistics market is segmented into pc based machine vision system & smart camera based machine vision system. On the basis of type, Asia machine vision in logistics market is segmented into 1D, 2D and 3D. On the basis of component, Asia machine vision in logistics market is segmented into hardware & software. On the basis of application, Asia machine vision in logistics market is segmented into pick and place, identification, positioning and guidance, quality assurance and inspection, measurement, predictive maintenance, palletizing, & back office. On the basis of deployment, Asia machine vision in logistics market is categorized into general machine vision system & robotic cell. On the basis of functionality, Asia machine vision in logistics market is categorized into inbound, order fulfillment, sortation & outbound. On the basis of end user, Asia machine vision in logistics market is segmented into e-commerce food and beverages, parcel, retail, agriculture, manufacturing, consumer electronics, healthcare, automotive, aerospace and defense. On the basis of business type, Asia machine vision in logistics market is categorized into B2B & B2C.

To know more about the study, contact us https://www.databridgemarketresearch.com/reports/asia-machine-vision-logistics-market

Key Pointers Covered in Asia Machine Vision in Logistics Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Asia machine vision in logistics market
  • Company profiling of top eight players of Asia machine vision in logistics market

Key Market Competitors Covered in the Report

  • 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,
  • neuphonix machine vision

Above are the key players covered in the report, to know about more and exhaustive list of the Asia machine vision in logistics market companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-machine-vision-logistics-market

Research Methodology: Asia Machine Vision in Logistics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Researchers, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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