Machine Vision Market Trends Highlight Rise in Smart Cameras
The global machine vision market size was valued at USD 20,378.6 million in 2024 and is anticipated to reach USD 41,744.0 million by 2030, registering a CAGR of 13.0% from 2025 to 2030. The growth of the market is primarily driven by the increasing demand for quality inspection, enhanced productivity, and the rising adoption of automation technologies across industries. The integration of machine vision systems with advanced robotics and AI-based solutions has further accelerated market expansion, enabling real-time visual inspection, precise measurement, and process optimization. Key Market Trends & Insights The machine vision market in Asia-Pacific held the largest share globally, accounting for over 43% in 2024. The U.S. machine vision market is projected to grow at the fastest CAGR of over 12% during 2025–2030. By offering, the hardware segment represented the largest share, comprising over 61% in 2024. By product type, the PC-based segment dominated the market in ...