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Industrial Machine Vision Lenses Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Camera, by Application, by End User : Global Opportunity Analysis and Industry Forecast, 2024-2032

Industrial Machine Vision Lenses Market Size, Share, Competitive Landscape and...

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Industrial Machine Vision Lenses Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Camera, by Application, by End User : Global Opportunity Analysis and Industry Forecast, 2024-2032
Industrial Machine Vision Lenses Market...
Report Code
RO11/128/1084

Publish Date
24/Jun/2024

Pages
200
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The global industrial machine vision lenses market revenue was around US$ 7.9 billion in 2023 and is estimated to reach US$ 20.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.4% during the forecast period from 2024 to 2032.
Industrial lenses are lenses used in industrial production, such as telecentric, variable, and fixed magnification lenses. Because industrial lenses directly affect how system algorithms and image effects are implemented, they are essential parts of machine vision systems. Applications for industrial lenses include the following: industrial microscopic vision alignment, label digital high-speed comparison detection, electronic component shape defects and dimensions, detection of circuit board lines and jack positions, detection of injection liquid volume, printing batch number, and scratch and damage detection of metal materials, glass, film, wafers, and other surface layers.
Factors Influencing Market Growth
- Rising demand for quality inspection and control in the manufacturing industries will increase the demand for industrial machine vision lenses, thus driving market growth.
- The M117FM-RG series is appropriate for use in robotics and other complex applications. This will increase the demand for machine vision lenses in the robotics field, thus propelling market growth.
- Advancements in machine vision technology, including higher-resolution cameras, improved image sensors, and enhanced optical systems, have increased the demand for industrial machine vision lenses, thus expanding the market.
- Technical issues and breakdowns in machine vision systems may hinder market growth.
Impact of COVID-19
COVID-19 negatively impacted the market. This is because global supply networks were disrupted by the lockdowns, travel restrictions, and decreased production activity. The inability of many manufacturers of machine vision lenses to obtain parts, components, and raw materials limited their ability to produce. In response to the growing demand for labor-saving automated visual inspection during COVID-19, the OMRON Corporation introduced the FH Series Vision system, which is equipped with AI technology, in June 2020.
Regional Insights
Asia-Pacific dominated the market in 2023. Globally, the region is home to the greatest concentration of manufacturing facilities. The primary causes of the anticipated rise in machine vision system demand in this region are the growing acceptance of robots and the substantial use of AI, ML, and big data by enterprises in countries like China, Japan, and South Korea. The main factors driving the market in this region are the growing development and application of machine vision systems in nations like China, Japan, and Indonesia. The automotive, electronics, and semiconductor sectors account for the majority of sales in the Asia-Pacific region, where China, Japan, India, Indonesia, Malaysia, and South Korea have emerged as the leading countries. These nations' expansion initiatives also play a role in the growth of their respective markets.
Leading Competitors
- Kenko Tokina Co
- Fujifilm
- Schneider
- Nikon
- Kowa Lenses
- Moritex
- VST
- Computar (CBC Group)
- Myutron Inc
- Ricoh
- Other Prominent Players

Segmentation Analysis
The global industrial machine vision lenses market segmentation focuses on type, camera, application, end user, and region.
Segmentation based on Type
- C-Mount
- CS-Mount
- F-Mount
- S-Mount
- Others

Segmentation based on Camera
- Line Scan Camera
- Area Scan Camera

Segmentation based on Application
- Measurement
- Identification

Segmentation based on End User
- Automotive
- Electronics and Semiconductor
- Pharmaceutical and Chemical
- Logistices
- Agriculture
- Food industries
- Others

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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