Market Overview:
The global visual sensor systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mapping and surveillance capabilities, and the rising adoption of visual sensor systems in filling operations. North America is expected to lead the global visual sensor systems market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Visual Sensor Systems are systems that use cameras and other sensors to detect, track, and identify objects in a scene. They are used for tasks such as surveillance, traffic management, and manufacturing.
1D Systems:
1D Systems is a technology that enables the digitization of images. It reduces the analog to digital conversion, which thereby increases its efficiency and performance. The technology has applications in various verticals such as security, surveillance, medical imaging & diagnostics among others. Medical imaging is one of the major application segments for 1D systems owing to advantages such as high sensitivity and low noise characteristics offered by this technology type.
2D Systrems:
2D systrems are used in visual sensor systems to sense motion and position. They consist of a light source, photodetector, and optical fiber that is used to measure the intensity of light received by the photodetector. The optical fibers transmit the information from one end to another using an array structure made up of millions of fibers.
Application Insights:
Surveillance capabilities are expected to be the fastest-growing application segment over the forecast period. The global market for visual sensor systems is witnessing a paradigm shift due to advancements in technology and growing concerns about security threats. Advancements in technology have led to an increase in demand for high-resolution cameras, which provide enhanced surveillance capabilities at a lower cost per unit of output.
The mapping segment accounted for over 24% of the overall revenue share in 2017 owing to its wide applications across various industries such as transportation, infrastructure, utilities and construction among others. Mapping provides accurate 3D data through LiDAR which helps improve decision-making processes and enhance productivity by enabling managers with real-time information on a geographic scale. It also enables users with accurate measurements that can help reduce costs during construction or maintenance projects as well as assist emergency services personnel during rescue operations or natural disasters by providing up-to-date information on the situation at hand (3).
Regional Analysis:
North America dominated the global market in 2017, owing to early technology adoption by key military and defense organizations. The U.S., being a developed nation, has higher per capita income and is thus better equipped when compared to developing nations for dealing with emergencies like terrorist attacks or natural calamities. This has led to an increase in the deployment of these systems across North America over the forecast period.
Asia Pacific is expected to witness lucrative growth over the next eight years owing to increasing investments from government agencies as well as private companies operating in this region for deploying advanced technologies that would enhance their business operations and provide safety & security measures at their establishments/premises, thereby driving demand across various application areas including surveillance capabilities and mapping applications among others. Moreover, growing infrastructure activities coupled with rapid urbanization are also anticipated to drive regional growth during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for visual sensor systems in the automotive industry for advanced driver assistance systems (ADAS) and autonomous driving applications
- Growing demand for visual sensor systems from the security and surveillance market for perimeter security, intelligent video analytics, and other applications
- Increasing use of visual sensor systems in drones and unmanned aerial vehicles (UAVs)
- Proliferation of smart cities and the need for advanced traffic management solutions that rely on video sensors
- Advances in artificial intelligence (AI) that are making it possible to extract more information from videos, which is fueling demand for visual sensor systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Visual Sensor Systems Market Research Report
By Type
1D Systems, 2D Systrems, 3D Systems
By Application
Mapping, Surveillance Capabilities, Filling Operations, Other
By Companies
Keyence, Omron, Banner Engineering, Cognex, Panasonic, Delta Electronics, Datalogic, Keyence
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Visual Sensor Systems Market Report Segments:
The global Visual Sensor Systems market is segmented on the basis of:
Types
1D Systems, 2D Systrems, 3D Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mapping, Surveillance Capabilities, Filling Operations, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Keyence
- Omron
- Banner Engineering
- Cognex
- Panasonic
- Delta Electronics
- Datalogic
- Keyence
Highlights of The Visual Sensor Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1D Systems
- 2D Systrems
- 3D Systems
- By Application:
- Mapping
- Surveillance Capabilities
- Filling Operations
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Visual Sensor Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Visual Sensor Systems is a company that manufactures and sells sensors for use in industrial automation, including vision systems.
Some of the key players operating in the visual sensor systems market are Keyence, Omron, Banner Engineering, Cognex, Panasonic, Delta Electronics, Datalogic, Keyence.
The visual sensor systems market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Visual Sensor Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Visual Sensor Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Visual Sensor Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Visual Sensor Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Visual Sensor Systems Market Size & Forecast, 2018-2028
4.5.1 Visual Sensor Systems Market Size and Y-o-Y Growth
4.5.2 Visual Sensor Systems Market Absolute $ Opportunity
Chapter 5 Global Visual Sensor Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Visual Sensor Systems Market Size Forecast by Type
5.2.1 1D Systems
5.2.2 2D Systrems
5.2.3 3D Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Visual Sensor Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Visual Sensor Systems Market Size Forecast by Applications
6.2.1 Mapping
6.2.2 Surveillance Capabilities
6.2.3 Filling Operations
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Visual Sensor Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Visual Sensor Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Visual Sensor Systems Analysis and Forecast
9.1 Introduction
9.2 North America Visual Sensor Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Visual Sensor Systems Market Size Forecast by Type
9.6.1 1D Systems
9.6.2 2D Systrems
9.6.3 3D Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Visual Sensor Systems Market Size Forecast by Applications
9.10.1 Mapping
9.10.2 Surveillance Capabilities
9.10.3 Filling Operations
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Visual Sensor Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Visual Sensor Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Visual Sensor Systems Market Size Forecast by Type
10.6.1 1D Systems
10.6.2 2D Systrems
10.6.3 3D Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Visual Sensor Systems Market Size Forecast by Applications
10.10.1 Mapping
10.10.2 Surveillance Capabilities
10.10.3 Filling Operations
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Visual Sensor Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Visual Sensor Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Visual Sensor Systems Market Size Forecast by Type
11.6.1 1D Systems
11.6.2 2D Systrems
11.6.3 3D Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Visual Sensor Systems Market Size Forecast by Applications
11.10.1 Mapping
11.10.2 Surveillance Capabilities
11.10.3 Filling Operations
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Visual Sensor Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Visual Sensor Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Visual Sensor Systems Market Size Forecast by Type
12.6.1 1D Systems
12.6.2 2D Systrems
12.6.3 3D Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Visual Sensor Systems Market Size Forecast by Applications
12.10.1 Mapping
12.10.2 Surveillance Capabilities
12.10.3 Filling Operations
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Visual Sensor Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Visual Sensor Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Visual Sensor Systems Market Size Forecast by Type
13.6.1 1D Systems
13.6.2 2D Systrems
13.6.3 3D Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Visual Sensor Systems Market Size Forecast by Applications
13.10.1 Mapping
13.10.2 Surveillance Capabilities
13.10.3 Filling Operations
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Visual Sensor Systems Market: Competitive Dashboard
14.2 Global Visual Sensor Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keyence
14.3.2 Omron
14.3.3 Banner Engineering
14.3.4 Cognex
14.3.5 Panasonic
14.3.6 Delta Electronics
14.3.7 Datalogic
14.3.8 Keyence
