MIDDLE EAST AND AFRICA MACHINE VISION MARKET 2023-2030

Description

MIDDLE EAST AND AFRICA MACHINE VISION MARKET 2023-2030

MARKET OUTLOOK

This report indicates that the machine vision market in the Middle East and Africa would grow with a CAGR of 5.66% through the forecasting period 2023-2030. The United Arab Emirates, Saudi Arabia, South Africa, Turkey, and Rest of Middle East & Africa are assessed in the market in this region.
Saudi Arabia is among the eminent countries supporting the adoption of MV systems, owing to the surging government investments in novel technologies. Industry 4.0 also plays a major role in shaping the future outlook of the automation and manufacturing sectors of the country.
Several mega projects, such as the NEOM city, are also influencing the demand for using MV systems for infrastructure development purposes. The country also announced its plan to invest $500 billion across major sectors, such as technological & digital sciences, advanced manufacturing, energy & water, food, media & entertainment, mobility, and biotech. These developments provide the market in the KSA with immense growth opportunities.
In 2017, the Ministry of Science, Industry, and Technology in Turkey established ‘Digital Transformation Platform in Industry.’ This is a public-private partnership (PPP) to integrate and coordinate efforts towards competency and technological support for enterprises.
In 2018, the national government announced the ‘Industry 4.0 Roadmap’ that offers financial support and incentives for implementing advanced manufacturing solutions. Over the coming decade, it is expected that Turkey would invest nearly $3-4.5 billion every year to integrate Industry 4.0 solutions into manufacturing processes. All these developments are indicative of a positive future for the Turkish machine vision market over the coming years.

COMPETITIVE OUTLOOK

The distinguished players in the machine vision market comprise Jai AS, Cognex Corporation, Baumer Electric AG, Perceptron Inc, Optotune AG, National Instruments Corporation (NI), Omron Corporation, and Allied Vision Technologies GmbH.

TABLE OF CONTENTS

1. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT ANALYSIS ON THE MIDDLE EAST AND AFRICA MACHINE VISION MARKET
2.1.1. IMPACT OF COVID-19 ON THE MACHINE VISION MARKET
2.2. PORTER’S FIVE FORCES ANALYSIS
2.2.1. THREAT OF NEW ENTRANTS
2.2.2. THREAT OF SUBSTITUTES
2.2.3. BARGAINING POWER OF SUPPLIERS
2.2.4. BARGAINING POWER OF BUYERS
2.2.5. THREAT OF COMPETITIVE RIVALRY
2.3. MARKET MATURITY ANALYSIS
2.4. KEY IMPACT ANALYSIS
2.4.1. ACCURACY
2.4.2. COST-EFFECTIVENESS
2.4.3. FLEXIBILITY
2.5. KEY MARKET STRATEGIES
2.5.1. ACQUISITIONS
2.5.2. PRODUCT DEVELOPMENTS
2.5.3. INVESTMENTS & EXPANSIONS
2.6. MARKET DRIVERS
2.6.1. INCREASED NEED FOR SMART FACTORIES
2.6.2. WIDENING APPLICATIONS OF MV SYSTEMS
2.6.3. RISING NEED FOR PROPER DEFECT DETECTION
2.6.4. TREND OF MINIATURIZED PRODUCTS
2.7. MARKET CHALLENGES
2.7.1. LACK OF EXPERTISE
2.7.2. UNAWARENESS ABOUT THE BENEFITS OF MACHINE VISION SYSTEMS
2.7.3. COMPLICATIONS ASSOCIATED WITH THE IMPLEMENTATION OF MV SYSTEMS
2.7.4. LACK OF STANDARDIZATION
2.8. MARKET OPPORTUNITIES
2.8.1. CONTINUOUS DEVELOPMENT OF CMOS IMAGE SENSORS
2.8.2. ADOPTION OF INDUSTRIAL INTERNET OF THINGS (IIOT)
2.8.3. INTEGRATION OF MACHINE VISION WITH CLOUD TECHNOLOGY
2.8.4. GROWING AUTOMATION IN INDUSTRIAL APPLICATIONS
2.9. ANALYST PERSPECTIVE
3. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – BY TYPE
3.1. 1D MACHINE VISION
3.2. 2D MACHINE VISION
3.3. 3D MACHINE VISION
4. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – BY COMPONENT
4.1. HARDWARE
4.1.1. ASMV
4.1.2. CAMERAS
4.1.3. SENSORS
4.1.4. ILLUMINATIONS
4.1.5. PROCESSORS
4.1.6. OTHER HARDWARE COMPONENTS
4.2. SOFTWARE
5. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – BY APPLICATION
5.1. INSPECTION
5.2. GAUGING
5.3. GUIDANCE
5.4. IDENTIFICATION
5.5. OTHER APPLICATIONS
6. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – BY VERTICAL
6.1. AUTOMOTIVE
6.2. ELECTRONICS & SEMICONDUCTORS
6.3. HEALTHCARE
6.4. FOOD & PACKAGING
6.5. OTHER VERTICALS
7. MIDDLE EAST AND AFRICA MACHINE VISION MARKET – COUNTRY OUTLOOK
7.1. MIDDLE EAST AND AFRICA
7.1.1. MARKET BY TYPE
7.1.2. MARKET BY COMPONENT
7.1.2.1. MARKET BY HARDWARE
7.1.3. MARKET BY APPLICATION
7.1.4. MARKET BY VERTICAL
7.1.5. COUNTRY ANALYSIS
7.1.5.1. UNITED ARAB EMIRATES
7.1.5.1.1. UNITED ARAB EMIRATES MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.2. SAUDI ARABIA
7.1.5.2.1. SAUDI ARABIA MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.3. TURKEY
7.1.5.3.1. TURKEY MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.4. SOUTH AFRICA
7.1.5.4.1. SOUTH AFRICA MACHINE VISION MARKET FORECAST & PROSPECTS
7.1.5.5. REST OF MIDDLE EAST & AFRICA
7.1.5.5.1. REST OF MIDDLE EAST & AFRICA MACHINE VISION MARKET FORECAST & PROSPECTS
8. COMPETITIVE LANDSCAPE
8.1. COGNEX CORPORATION
8.1.1. OVERVIEW
8.1.2. PORTFOLIO
8.2. ALLIED VISION TECHNOLOGIES GMBH
8.2.1. OVERVIEW
8.2.2. PORTFOLIO
8.3. BASLER AG
8.3.1. OVERVIEW
8.3.2. PORTFOLIO
8.4. TELEDYNE TECHNOLOGIES INCORPORATED
8.4.1. OVERVIEW
8.4.2. PORTFOLIO
8.5. BAUMER ELECTRIC AG
8.5.1. OVERVIEW
8.5.2. PORTFOLIO
8.6. DATALOGIC SPA
8.6.1. OVERVIEW
8.6.2. PORTFOLIO
8.7. USS VISION
8.7.1. OVERVIEW
8.7.2. PORTFOLIO
8.8. KEYENCE CORPORATION
8.8.1. OVERVIEW
8.8.2. PORTFOLIO
8.9. FLIR SYSTEMS INC
8.9.1. OVERVIEW
8.9.2. PORTFOLIO
8.10. JAI AS
8.10.1. OVERVIEW
8.10.2. PORTFOLIO
8.11. PERCEPTRON INC
8.11.1. OVERVIEW
8.11.2. PORTFOLIO
8.12. OPTOTUNE AG
8.12.1. OVERVIEW
8.12.2. PORTFOLIO
8.13. ISRA VISION AG
8.13.1. OVERVIEW
8.13.2. PORTFOLIO
8.14. OMRON CORPORATION
8.14.1. OVERVIEW
8.14.2. PORTFOLIO
8.15. NATIONAL INSTRUMENTS CORPORATION (NI)
8.15.1. OVERVIEW
8.15.2. PORTFOLIO
9. RESEARCH METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 3: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY COMPONENT, 2023-2030 (IN $ MILLION)
TABLE 4: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
TABLE 5: APPLICATION-SPECIFIC MACHINE VISION SYSTEMS IN INDUSTRIES
TABLE 6: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: PROCESS OF MACHINE VISION
FIGURE 2: MARKET MATURITY ANALYSIS
FIGURE 3: KEY IMPACT ANALYSIS
FIGURE 4: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE 5: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY 1D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY 2D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY 3D MACHINE VISION, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 9: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY HARDWARE, 2022 & 2030 (IN %)
FIGURE 11: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY ASMV, 2023-2030 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY CAMERAS, 2023-2030 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY ILLUMINATIONS, 2023-2030 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY PROCESSORS, 2023-2030 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 19: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY INSPECTION, 2023-2030 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY GAUGING, 2023-2030 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY GUIDANCE, 2023-2030 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY IDENTIFICATION, 2023-2030 (IN $ MILLION)
FIGURE 23: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 24: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY VERTICAL, 2022 & 2030 (IN %)
FIGURE 25: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)
FIGURE 26: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY ELECTRONICS & SEMICONDUCTORS, 2022-2030 (IN $ MILLION)
FIGURE 27: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)
FIGURE 28: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY FOOD & PACKAGING, 2022-2030 (IN $ MILLION)
FIGURE 29: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, BY OTHER VERTICALS, 2022-2030 (IN $ MILLION)
FIGURE 30: MIDDLE EAST AND AFRICA MACHINE VISION MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 31: UNITED ARAB EMIRATES MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 32: SAUDI ARABIA MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 33: TURKEY MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 34: SOUTH AFRICA MACHINE VISION MARKET 2023-2030 (IN $ MILLION)
FIGURE 35: REST OF MIDDLE EAST & AFRICA MACHINE VISION MARKET 2023-2030 (IN $ MILLION)