The current status of the machine vision industry is in a rapidly developing phase with a broad prospect.
The machine vision industry relies on the perfect combination of software and hardware, automatically capturing images of real objects through optical devices and non-contact sensors, and using software algorithms to process these images to extract the required information or control robot movements. Currently, companies with 50-99 employees dominate the industry, and the companies with the longest establishment periods (over 10 years) account for the largest proportion. Additionally, in terms of financing events, initial public offerings (IPOs) are the most common.
With the development of industrial automation and intelligence, the demand for machine vision is increasing, and the market scale is continuously expanding. In 2023, the Chinese machine vision market size was approximately 22.56 billion yuan, and it is expected to reach 25.184 billion yuan in 2024, potentially exceeding 20.7 billion yuan, with a year-on-year growth of 12%23. At the same time, the global machine vision market size is also growing year by year, reaching nearly 13 billion US dollars in 2023.
In the foreground, the machine vision industry demonstrates significant potential for development. First, with the continuous development of intelligent manufacturing and automated production, the market demand for machine vision technology is expected to continue growing.
Next, machine vision technology has characteristics such as high precision, high efficiency, and high adaptability, enabling the rapid recognition, positioning, measurement, and inspection of objects. It is widely applied in multiple fields including electronic manufacturing, flat panel display, automobile manufacturing, printing and packaging, and semiconductor production, and demonstrates potential applications in emerging areas such as medical image analysis and smart logistics. Additionally, with the continuous development of artificial intelligence and deep learning technologies, machine vision technology is also constantly innovating and upgrading, bringing more development opportunities to the industry.
In summary, the current status of the machine vision industry is in a rapid development phase, with a broad prospect and huge market potential and development space.
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