Global Digital Industrial Camera Market Size, Share, and COVID-19 Impact Analysis, By Resolution (Low Resolution, High Resolution), By Application (Manufacturing & Automation, Robotics, Security and Surveillance, Medical & Life Sciences, and Others), By Industrial Vertical (Automotive, Aerospace & Defense, Pharmaceuticals, Electronics, and Food and Beverage), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 203

Industry: Semiconductors & Electronics

RELEASE DATE Dec 2024
REPORT ID SI7681
PAGES 200
REPORT FORMAT PathSoft

Global Digital Industrial Camera Market Insights Forecasts to 2033 

  • The Market Size is Growing at a CAGR of 4.8% from 2023 to 2033
  • The Worldwide Digital Industrial Camera Market Size is Expected to Hold a Significant Share by 2033
  • North America is expected to grow the fastest during the forecast period.  

Global Digital Industrial Camera Market

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The Digital Industrial Camera Market is anticipated to hold a significant share by 2033, growing at a CAGR of 4.8% from 2023 to 2033. The global digital industrial camera market is driven by increasing automation, precision imaging needs, and advancements in AI and IoT. High demand is found in key sectors such as automotive, electronics, and manufacturing, and high-resolution cameras and automation technologies are major growth drivers in the market.

 

Market Overview

The digital industrial camera market is the sector dedicated to cameras for industrial use in imaging, inspection, and monitoring applications. Such cameras are critical for industries such as manufacturing, automation, robotics, and security, in which high-resolution imaging is often used for quality control, process optimization, and safety. Moreover, technological advancements in image resolution, speed, and AI integration are driving the growth of the digital industrial camera market. Increased demand across all sectors, which include the automotive, electronics, pharmaceuticals, and food processing segments, mandates precision imaging. Automation trends, including robotics, boost high-performance cameras' need for quality assurance. In addition to this, the growing demand for security and IoT integration enhances the real-time collection and analysis of data. For instance, In February 2022, Basler AG announced it would be growing its 3D portfolio through stereo cameras. Each camera will be supplied with a standard, modular onboard software package that is pre-installed and ready for use with common robotics tasks like item recognition and bin selection. Furthermore, the opportunities in the digital industrial camera market include smart factory growth for machine vision applications, AI-powered imaging, and the development of high-speed processing. The focus trends in the market revolve around increased automated inspections, real-time monitoring, and 3D imaging integration technologies.

 

Report Coverage

This research report categorizes the global digital industrial camera market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global digital industrial camera market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global digital industrial camera market.  

 

Global Digital Industrial Camera Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023 – 2033.
Forecast Period CAGR 2023 – 2033. :4.8%
Historical Data for:2021-2022
No. of Pages:200
Tables, Charts & Figures:100
Segments covered:By Resolution, By Application and COVID-19 Impact Analysis
Companies covered:: Sony Corporation, Basler AG, Teledyne Technologies, Cognex Corporation, Omron Corporation, JAI A/S, Allied Vision Technologies, Canon Inc., National Instruments Corporation, Industrial Vision Systems Ltd., Point Grey Research, GEVA Technologies, and Others key Players
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis.

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Driving Factors

The demand for automation and precision in manufacturing, coupled with advancements in machine vision technology, and the urge for better product quality and operation efficiency, are the driving forces behind the digital industrial camera market. The need for real-time monitoring, enhanced security systems, and integration with artificial intelligence and IoT are also driving market growth across industries. Moreover, players are driving market growth by enhancing technology, expanding product offerings, and investing in AI, IoT, and automation solutions to meet increasing industry demands., For instance, in June 2024, CP PLUS is partnering with C-DAC (MeitY) the Government of India to design a Smarter Thermal Camera Technology. This is the first time technology has come under the Intelligent Transportation System Endeavor Program initiated by the Union Ministry of Electronics and Information Technology (MeitY), which would further fortify CP PLUS' core competencies and portray a landmark achievement for technological advancements in India.

 

Restraints & Challenges

High initial investment costs, highly complex integration requirements, and high expertise requirements are some of the challenges of the digital industrial camera market. Data security concerns, competition from alternative technologies, and the rapidity of technological advancements also restrict wider adoption and limit the potential for growth in market size.

 

Market Segmentation

The global digital industrial camera market share is classified into resolution, application and industrial vertical.

 

  • The high-resolution segment is expected to hold the largest share of the global digital industrial camera market during the forecast period.                        

Based on resolution, the global digital industrial camera market is categorized as low resolution, and high resolution. Among these, the high-resolution segment is expected to hold the largest share of the global digital industrial camera market during the forecast period. This is due to the demand for precision, detailed images, and quality control in a variety of sectors, including automobiles, electronics, pharmaceuticals, and food processing. High-resolution cameras are required for complex machine vision applications, inspections, and monitoring of the quality of manufactured products. As industries rapidly move towards adopting automation, robotics, and AI-powered processes, this increases demand for high-quality, high-resolution imaging.

 

  • The manufacturing & automation segment is expected to grow at the fastest CAGR during the forecast period.       

Based on the application, the global digital industrial camera market is categorized as manufacturing & automation, robotics, security and surveillance, medical & life sciences, and others. Among these, the manufacturing & automation segment is expected to grow at the fastest CAGR during the forecast period. The growth can be driven by the increasing adoption of automated systems, robotics, and machine vision in production lines to achieve greater efficiency, minimal error rates, and superior quality in the products, this sector is growing. High-performance imaging is witnessing growth in quality control, inspection, and process optimization in manufacturing industries.  

 

  • The electronics segment is expected to hold the largest share of the global digital industrial camera market during the forecast period.                

Based on industry vertical, the global digital industrial camera market is categorized as automotive, aerospace & defence, pharmaceuticals, electronics, and food and beverage. Among these, the electronics segment is expected to hold the largest share of the global digital industrial camera market during the forecast period. The high-resolution cameras come in high demand for a number of applications like PCB inspection, semiconductor manufacturing, and the production of microelectronics products, in which there is a tremendous need for sharp images in order to detect defects. As these electronics evolve, becoming compact and sophisticated in size, having high-resolution cameras ensures their quality, reliability, and performance during manufacture.  

 

Regional Segment Analysis of the Global Digital Industrial Camera Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is projected to hold the largest share of the global digital industrial camera market over the forecast period.

Global Digital Industrial Camera Market

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Asia Pacific is projected to hold the largest share of the global digital industrial camera market over the forecast period. This is mainly because of the rapid industrialization, growth of manufacturing sectors, and increased adoption of automation and smart manufacturing in countries like China, Japan, and South Korea. The region is a global hub for industries like electronics, automotive, and consumer goods, where high-resolution imaging is critical for quality control and process optimization. In addition, the influence of some top manufacturers that are continually developing machine vision technology will benefit the region to lead in the market.

 

North America is expected to grow at the fastest CAGR growth of the global digital industrial camera market during the forecast period. The advanced manufacturing sectors, including the automotive, aerospace, and electronics industries, are key growth drivers. High-resolution cameras are essential for precision and quality control in these sectors. North America is also witnessing increasing adoption of automation, AI, and robotics in manufacturing processes along with significant investments in smart factories and IoT integration. Technological innovation and infrastructure development in the region are also robust.

 

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global digital industrial camera market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Sony Corporation
  • Basler AG
  • Teledyne Technologies
  • Cognex Corporation
  • Omron Corporation
  • JAI A/S
  • Allied Vision Technologies
  • Canon Inc.
  • National Instruments Corporation
  • Industrial Vision Systems Ltd.
  • Point Grey Research
  • GEVA Technologies
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Key Market Developments

  • In May 2022, Allied Vision Technologies GmbH announced the availability of its new Alvium CSI-2 camera. The new GenICam for CSI-2 access can be used with the Vimba SDK and has a wide range of GenICam functionalities.  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global digital industrial camera market based on the below-mentioned segments: 

 

Global Digital Industrial Camera Market, By Resolution

  • Low Resolution
  • High Resolution

 

Global Digital Industrial Camera Market, By Application

  • Manufacturing & Automation
  • Robotics
  • Security and Surveillance
  • Medical & Life Sciences
  • Others

 

Global Digital Industrial Camera Market, By Industrial Vertical

  • Automotive
  • Aerospace & Defense
  • Pharmaceuticals
  • Electronics
  • Food and Beverage

 

Global Digital Industrial Camera Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global digital industrial camera market over the forecast period?
    The digital industrial camera market is anticipated to hold a significant share by 2033, growing at a CAGR of 4.8% from 2023 to 2033.
  • 2. Which region is expected to hold the highest share of the global digital industrial camera market?
    Asia Pacific is projected to hold the largest share of the global digital industrial camera market over the forecast period.
  • 3. Who are the top key players in the global digital industrial camera market?
    Sony Corporation, Basler AG, Teledyne Technologies, Cognex Corporation, Omron Corporation, JAI A/S, Allied Vision Technologies, Canon Inc., National Instruments Corporation, Industrial Vision Systems Ltd., Point Grey Research, GEVA Technologies and Others.

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