has announced the top five leading vendors in their recent global
machine vision camera market report until 2021. This
research report also lists eight other prominent vendors that are
expected to impact the market during the forecast period.
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Technavio has published a new report on the global machine vision camera market from 2017-2021. (Graphic: Business Wire)
There has been a rise in the number of start-ups in the global
machine vision camera market. This has increased the competition
among major vendors and new entrants in terms of product innovation and
bundled solutions. Innovation and development of new product lines have
paved the way for cost-effective solutions, and are leading to price
wars between vendors. The new generation of machine vision systems is
different as the systems have an in-built processor, and can work as a
standalone system. Therefore, the conventional computer vision is not
Competitive vendor landscape
The global machine vision camera market has a considerable number of
vendors, including Cognex Corporation, Basler, KEYENCE, OMRON, and
Teledyne Technologies. The market is greatly influenced by the rapidly
changing technology. Hence, vendors are investing heavily in R&D to
sustain in the market. M&A is the common strategy adopted by vendors to
increase their dominance in the market.
Rahul Somnath Poojary, an industry expert at Technavio for research on automation,
says, “Regional vendors have a better reach and network in the
growing markets, which can be utilized by global vendors through M&A
transactions. Technology innovation in product features and quality will
further have an impact on the market share of vendors, as most of them
seek new business opportunities.”
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Top five machine vision camera market vendors
Basler mainly produces digital cameras for the industrial sector and
other non-industrial sectors like medical technology, life sciences,
retail, traffic management, security and surveillance, logistics,
sports, and motion and agriculture.
Basler's vision applications are used for factory automation in
industries, such as automotive, robotics, electronics and
semiconductors, photovoltaics, food and beverages, pharmaceutical and
healthcare products, and printing and webbed materials. The other
non-industrial automation applications are used for biomedical
microscopy, laboratory equipment and automation, ophthalmology, and
Cognex Corporation offers vision systems, software, sensors, and
industrial ID readers. Their applications include detecting defects,
guiding assembly robots, tracking, sorting, and identifying parts.
Cognex Corporation provides industry-specific identification, and
measurement and data verification tools. It also provides insight track
and trace software, logistics barcode readers, semiconductor software,
real-time monitoring, solar bar code readers, wafer ID readers, tires
solutions, airport automatic tag readers, and AlignPlus flat panel
KEYENCE manufactures industrial automation and inspection equipment. The
product categories consist of laser markers, machine vision, measuring
system, microscopes, static eliminators, and sensors.
OMRON manufactures sensing and control technologies mainly focusing on
industrial applications. The company deals with sales of multiple
sensors ranging from fiber sensors, photoelectric sensors, displacement
sensors, code readers, proximity sensors, rotary encoders, ultrasonic
sensors, pressure sensors, to contact sensors.
Teledyne DALSA deals in digital imaging and semiconductors. The
company's core business focus is on X-ray imaging, and it uses its large
format CMOS of the Xineos family for diagnostic interventions. In May
2016, the company announced the launch of three new line scanners with
2k and 4k resolution GigE Vision model.
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