Singapore 2D Machine Vision Market to 2032

Overview

The Singapore 2D Machine Vision Market is expected to reach a 354.50 USD Million by 2032 and is projected to grow at a CAGR of 15.21% from 2025 to 2032.

Revenue, 2024 (USD Million)
192.23
Forecast, 2032 (USD Million)
354.50
CAGR, 2024 - 2032
15.21%
Report Coverage
Singapore

Singapore 2D Machine Vision Market 2018-2032 USD Million

Singapore 2D Machine Vision Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 192.23 USD Million
  • Projected Market Size (2032): 354.50 USD Million
  • CAGR (2025-2032): 15.21%

Key Findings of Singapore 2D Machine Vision Market

  • The Singapore 2D Machine Vision Market was valued at 192.23 USD Million in 2024.
  • The Singapore 2D Machine Vision Market is likely to grow at a CAGR of 15.21% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Standalone Vision Systems in Platform Segment accounted for the largest share of the market with a revenue of 79.02 USD Million
  • The fastest growing segment Lighting in Component Segment grew Fastest with a CAGR of 16.55% during the forecast period from 2024 to 2032.

Singapore 2D Machine Vision Market Scope

Singapore 2D Machine Vision Market Segmentation & Scope
Component
  • Comunications
  • Vision Processing
  • Image Sensor
  • Lenses
  • Lighting
Application
  • Others
  • Location Analysis
  • Identification
  • Pattern Recognition
  • Gauging
  • Inspection
Industry
  • Aerospace and Defence
  • Wood
  • Printing
  • Logistic
  • Healthcare
  • Metal
  • Plastic
  • Food
  • Semiconductor & Electronics
  • Automotive
Platform
  • PC-based
  • Vision controllers
  • Image Based Barcode Reader
  • Vision sensors
  • Standalone Vision Systems

Singapore 2D Machine Vision Market Data Coverage Insights

Study Period 2024-2032
Base Year 2018
Unit Revenue in USD Million
Market Value in 2024 192.23 USD Million
Market Value in 2032 354.50 USD Million
CAGR (2025-2032) 15.21%
Historic Data 2016-2023
Market Segments Covered Component,Application,Industry,Platform

Regional Insights:

  • Leading Market (2024-2032): Singapore, leading in terms of revenue 192.23 USD Million in 2024
    • Key Country: Singapore, leading in terms of revenue with value of 192.23 USD Million in 2024.

Segments and Scope

  • Singapore 2D Machine Vision Market to 2032, By Component
    • Lighting is the largest segment in Singapore 2D Machine Vision Market to 2032 with a revenue of 70.73 USD Million in the year 2024.
    • Lighting is the Fastest growing segment in Singapore 2D Machine Vision Market to 2032 with a Growth rate of 16.55 % in forecast period 2025-2032.
  • Singapore 2D Machine Vision Market to 2032, By Application
    • Inspection is the largest segment in Singapore 2D Machine Vision Market to 2032 with a revenue of 77.61 USD Million in the year 2024.
    • Inspection is the Fastest growing segment in Singapore 2D Machine Vision Market to 2032 with a Growth rate of 16.34 % in forecast period 2025-2032.
  • Singapore 2D Machine Vision Market to 2032, By Industry
    • Automotive is the largest segment in Singapore 2D Machine Vision Market to 2032 with a revenue of 75.98 USD Million in the year 2024.
    • Automotive is the Fastest growing segment in Singapore 2D Machine Vision Market to 2032 with a Growth rate of 16.47 % in forecast period 2025-2032.
  • Singapore 2D Machine Vision Market to 2032, By Platform
    • Standalone Vision Systems is the largest segment in Singapore 2D Machine Vision Market to 2032 with a revenue of 79.02 USD Million in the year 2024.
    • Standalone Vision Systems is the Fastest growing segment in Singapore 2D Machine Vision Market to 2032 with a Growth rate of 16.04 % in forecast period 2025-2032.

Singapore 2D Machine Vision Market Company Share Analysis

 
Company Name Company Share Analysis
NATIONAL INSTRUMENTS CORP.
OMRON Corporation
SICK AG
Cognex Corporation
Singapore 2D Machine Vision Market Company Share Analysis

Singapore 2D Machine Vision Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore 2D Machine Vision Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore 2D Machine Vision Market Company Profiling

Singapore 2D Machine Vision Market Company Profiling
Frequently Asked Questions
The Singapore 2D Machine Vision Market is segmented based on Segmentation Component,Application,Industry,Platform.
Singapore 2D Machine Vision Market was valued at USD 192.23(Revenue in USD Million) in 2018.
Singapore 2D Machine Vision Market is projected to grow at a CAGR of 15.21% during the forecast period of 2024 to 2032.
The Standalone Vision Systems segment is expected to dominate the Singapore 2D Machine Vision Market, holding a largest market share of 79.02 USD Million in 2024

Singapore 2D Machine Vision Market Scope

Singapore 2D Machine Vision Market Segmentation & Scope
Component
  • Comunications
  • Vision Processing
  • Image Sensor
  • Lenses
  • Lighting
Application
  • Others
  • Location Analysis
  • Identification
  • Pattern Recognition
  • Gauging
  • Inspection
Industry
  • Aerospace and Defence
  • Wood
  • Printing
  • Logistic
  • Healthcare
  • Metal
  • Plastic
  • Food
  • Semiconductor & Electronics
  • Automotive
Platform
  • PC-based
  • Vision controllers
  • Image Based Barcode Reader
  • Vision sensors
  • Standalone Vision Systems
Frequently Asked Questions
The Singapore 2D Machine Vision Market is segmented based on Segmentation Component,Application,Industry,Platform.
Singapore 2D Machine Vision Market was valued at USD 192.23(Revenue in USD Million) in 2018.
Singapore 2D Machine Vision Market is projected to grow at a CAGR of 15.21% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore 2D Machine Vision Market for final year is USD 354.50 (USD Million).

Singapore 2D Machine Vision Market Company Profiling

Singapore 2D Machine Vision Market Company Profiling
Frequently Asked Questions
The Singapore 2D Machine Vision Market is segmented based on Segmentation Component,Application,Industry,Platform.
Singapore 2D Machine Vision Market was valued at USD 192.23(Revenue in USD Million) in 2018.
Singapore 2D Machine Vision Market is projected to grow at a CAGR of 15.21% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore 2D Machine Vision Market for final year is USD 354.50 (USD Million).

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