Europe Vision Sensor Market Forecast to 2030 - Regional Analysis - by Type (Less than 3D and 3D), Application (Inspection, Gauging, Code Reading, and Others), and Industry Vertical (Automotive, Electronics, Industrial Manufacturing, Food & Beverages, and Others)

BMIRE00030862 | Pages: 95 | Electronics and Semiconductor | Oct 2024 | Type: Regional | Status: Published

The Europe vision sensor market was valued at US$ 753.63 million in 2022 and is expected to reach US$ 1,815.59 million by 2030; it is estimated to register a CAGR of 11.6% from 2022 to 2030.

Growing Funding and Investment in Developing and Advancing Vision Sensors Drive Europe Vision Sensor Market

The collaboration among the market players supports the development of cutting-edge technologies by accelerating innovation in the market. Key players in the vision sensor market are engaged in developing high-resolution sensors, artificial intelligence (AI), machine learning (ML), and image processing algorithm-based vision sensors to ease the manufacturing process and industrial automation activities. Market players increase their funding to develop smart and AI-based vision sensors to attract customers worldwide. For instance, in 2023, VoxelSensors, a firm focused on perception and sensor technologies, completed a seed fundraising round, raising US$ 5.4 million. The company intends to employ people, expand business relationships with clients in Asia and the US, and further develop its corporate roadmap with the help of funds. In 2023, SynSense, the top global provider of application solutions and ultra-low-power sensory processing hardware for commercial applications, closed a pre-B+ fundraising round that raised US$ 10 million. With a 320,000-neuron processor and the newest event-based image sensing technology, its smart vision sensor provides real-time vision processing at milliwatt power consumption. Also, in 2022, Prosperity7 Ventures (the diversified growth fund of Aramco Ventures) made a new investment in Prophesee, marking the completion of the company's Series C funding round. With support from initial Series C investors Sinovation Ventures and Xiaomi, the investment now totals ~US$ 54 million (50 million). Together with Intel Capital, Robert Bosch Venture Capital, 360 Capital, iBionext, and the European Investment Bank, they have become the newest members of an already strong group of foreign investors from North America, Europe, and Japan. Therefore, growing funding and investment in developing and advancing vision sensors and a rising number of startups are factors driving the vision sensor market growth.

Europe Vision Sensor Market Overview

Europe holds a noteworthy share of the global vision sensor market owing to high adoption and investments in vision sensors in the region. The rising use of smart vision sensors in several industries is driving the market in the region. For instance, in July 2023, Data sensing, an Italian manufacturer, extended its Smart-VS (vision sensor) series to improve detection performance. The company introduced The Smart-VS+ to support numerous industries, including automotive, industrial manufacturing, food & beverages, pharma, packaging, cosmetics, and general manufacturing. Smart-VS+ provides benefits such as increasing the total number of learning dataset images up to 20 and improving accuracy and speed for object detection. Smart vision sensors are also used to check the presence/absence and correct orientations of various objects, including labels or prints and caps, regardless of materials, sizes or formats, and colors.

Europe Vision Sensor Market Revenue and Forecast to 2030 (US$ Million)

Europe Vision Sensor Market Revenue and Forecast to 2030 (US$ Million)

Get more information on this report :


Europe Vision Sensor Market Segmentation 

The Europe vision sensor market is categorized into type, application, industry vertical, and country.

Based on type, the Europe vision sensor market is bifurcated into less than 3D and 3D. The less than 3D segment held a larger market share in 2022.

In terms of application, the Europe vision sensor market is categorized into inspection, gauging, code reading, and others. The code reading segment held the largest market share in 2022.

By industry vertical, the Europe vision sensor market is segmented into automotive, electronics, industrial manufacturing, food & beverages, and others. The automotive segment held the largest market share in 2022.

Based on country, the Europe vision sensor market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe vision sensor market share in 2022.

Cognex Corp, Teledyne Technologies Inc, Keyence Corp, Sick AG, Balluff GmbH, Baumer Holding AG, Pepperl+Fuchs SE, Ifm Electronic GmbH, Hans Turck GmbH & Co.KG, and Leuze Electronic GmbH & Co KG are some of the leading companies operating in the Europe vision sensor market.

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Vision Sensor Market Landscape

4.1 Overview

4.2 Ecosystem Analysis

4.2.1 List of Vendors in the Value Chain

5. Europe Vision Sensor Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Importance of Component Identification and Inspection Devices in Automotive Industry

5.1.2 Growing Funding and Investment in Developing and Advancing Vision Sensors

5.1.3 High Adoption of Vision Sensors in Consumer Electronics Industry

5.2 Market Restraints

5.2.1 High Costs Associated with Vision Sensors

5.3 Market Opportunities

5.3.1 Adoption of AI-Based Vision Sensors

5.3.2 Government Investment in Smart City Projects

5.4 Future Trends

5.4.1 Evolution of Industry 4.0

5.5 Impact of Drivers and Restraints:

6. Vision Sensor Market - Europe Analysis

6.1 Vision Sensor Market Overview

6.2 Vision Sensor Market Revenue (US$ Million), 2020-2030

6.3 Vision Sensor Market Forecast Analysis

7. Europe Vision Sensor Market Analysis - by Type

7.1 Less than 3D

7.1.1 Overview

7.1.2 Less than 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

7.2 3D

7.2.1 Overview

7.2.2 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

8. Europe Vision Sensor Market Analysis - by Application

8.1 Inspection

8.1.1 Overview

8.1.2 Inspection: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

8.2 Gauging

8.2.1 Overview

8.2.2 Gauging: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

8.3 Code Reading

8.3.1 Overview

8.3.2 Code Reading: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

8.4 Others

8.4.1 Overview

8.4.2 Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

9. Europe Vision Sensor Market Analysis - by Industry Vertical

9.1 Automotive

9.1.1 Overview

9.1.2 Automotive: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

9.2 Electronics

9.2.1 Overview

9.2.2 Electronics: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

9.3 Food & Beverage

9.3.1 Overview

9.3.2 Food & Beverage: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

9.4 Industrial Manufacturing

9.4.1 Overview

9.4.2 Industrial Manufacturing: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10. Europe Vision Sensor Market - Country Analysis

10.1 Europe Vision Sensor Market Overview

10.1.1 Europe: Vision Sensor Market Breakdown, by Key Countries, 2022 and 2030 (%)

10.1.1.1 Europe: Vision Sensor Market - Revenue and Forecast Analysis - by Country

10.1.1.2 Germany: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.2.1 Germany: Vision Sensor Market Breakdown, by Type

10.1.1.2.2 Germany: Vision Sensor Market Breakdown, by Application

10.1.1.2.3 Germany: Vision Sensor Market Breakdown, by Industry Vertical

10.1.1.3 France: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.3.1 France: Vision Sensor Market Breakdown, by Type

10.1.1.3.2 France: Vision Sensor Market Breakdown, by Application

10.1.1.3.3 France: Vision Sensor Market Breakdown, by Industry Vertical

10.1.1.4 Italy: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.4.1 Italy: Vision Sensor Market Breakdown, by Type

10.1.1.4.2 Italy: Vision Sensor Market Breakdown, by Application

10.1.1.4.3 Italy: Vision Sensor Market Breakdown, by Industry Vertical

10.1.1.5 United Kingdom: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.5.1 United Kingdom: Vision Sensor Market Breakdown, by Type

10.1.1.5.2 United Kingdom: Vision Sensor Market Breakdown, by Application

10.1.1.5.3 United Kingdom: Vision Sensor Market Breakdown, by Industry Vertical

10.1.1.6 Russia: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.6.1 Russia: Vision Sensor Market Breakdown, by Type

10.1.1.6.2 Russia: Vision Sensor Market Breakdown, by Application

10.1.1.6.3 Russian: Vision Sensor Market Breakdown, by Industry Vertical

10.1.1.7 Rest of Europe: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.7.1 Rest of Europe: Vision Sensor Market Breakdown, by Type

10.1.1.7.2 Rest of Europe: Vision Sensor Market Breakdown, by Application

10.1.1.7.3 Rest of Europe: Vision Sensor Market Breakdown, by Industry Vertical

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players

11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product Development

12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Cognex Corp

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Teledyne Technologies Inc

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Keyence Corp

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Sick AG

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Balluff GmbH

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Baumer Holding AG

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Pepperl+Fuchs SE

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 ifm Electronic GmbH

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Hans Turck GmbH & Co. KG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Leuze Electronic GmbH & Co KG

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

 

List of Tables

Table 1. Europe Vision Sensor Market Segmentation

Table 2. List of Vendors

Table 3. Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Table 4. Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 5. Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 6. Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million) - by Industry Vertical

Table 7. Europe: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Country

Table 8. Germany: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 9. Germany: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 10. Germany: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 11. France: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 12. France: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 13. France: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 14. Italy: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 15. Italy: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 16. Italy: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 17. United Kingdom: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 18. United Kingdom: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 19. United Kingdom: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 20. Russia: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 21. Russia: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 22. Russian: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 23. Rest of Europe: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 24. Rest of Europe: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 25. Rest of Europe: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million) - by Industry Vertical

Table 26. Heat Map Analysis by Key Players

Table 27. List of Abbreviation

 

List of Figures

Figure 1. Europe Vision Sensor Market Segmentation, by Country

Figure 2. Ecosystem: Vision Sensor Market

Figure 3. Vision Sensor Market - Key Market Dynamics

Figure 4. Impact Analysis of Drivers and Restraints

Figure 5. Vision Sensor Market Revenue (US$ Million), 2020-2030

Figure 6. Vision Sensor Market Share (%) - by Type (2022 and 2030)

Figure 7. Less than 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 8. 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 9. Vision Sensor Market Share (%) - by Application (2022 and 2030)

Figure 10. Inspection: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 11. Gauging: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 12. Code Reading: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 13. Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. Vision Sensor Market Share (%) - by Industry Vertical (2022 and 2030)

Figure 15. Automotive: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 16. Electronics: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 17. Food & Beverage: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 18. Industrial Manufacturing: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 19. Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)

Figure 20. Europe Vision Sensor Market, by Key Country - Revenue (2022) (US$ Million)

Figure 21. Europe: Vision Sensor Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 22. Germany: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 23. France: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 24. Italy: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 25. United Kingdom: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 26. Russia: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 27. Rest of Europe: Vision Sensor Market - Revenue and Forecast to 2030(US$ Million)

Figure 28. Company Positioning & Concentration

  1. Cognex Corp
  2. Teledyne Technologies Inc
  3. Keyence Corp
  4. Sick AG
  5. Balluff GmbH
  6. Baumer Holding AG
  7. Pepperl+Fuchs SE
  8. Ifm Electronic GmbH
  9. Hans Turck GmbH & Co.KG
  10. Leuze Electronic GmbH & Co KG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe vision sensor market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe vision sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe vision sensor market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3550
$2840
Site License
$4550
$3640
Enterprise License
$5550
$4440