Brazil 3d Machine Vision Market Size & Outlook, 2023-2030
Brazil 3d machine vision market, 2017-2030 (US$M)
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Brazil 3d machine vision market highlights
- The Brazil 3d machine vision market generated a revenue of USD 205.9 million in 2023 and is expected to reach USD 491.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.
3d machine vision market data book summary
| Market revenue in 2023 | USD 205.9 million |
| Market revenue in 2030 | USD 491.5 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Cognex Corp, Keyence Corp, ISRA VISION, Basler AG, SICK, Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.2% of the global 3d machine vision market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil 3d machine vision market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 491.5 million by 2030.
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3D Machine Vision Market Scope
3D Machine Vision Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 3d machine vision market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d machine vision market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 70.03% in 2023. Horizon Databook has segmented the Brazil 3d machine vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the Brazilian 3D machine vision market can be attributed to several factors, including strong government support, growing demand from key industries, and rising investments from startups. Key industries such as automotive, electronics, and food & beverage are increasingly demanding 3D machine vision solutions to improve productivity, quality, and safety.
The Brazilian government is committed to supporting the development and adoption of 3D machine vision technology. It also plans to establish a 3D machine vision innovation center to support research & development and create a 3D machine vision testbed to help companies develop and test their products.
In the automotive industry, 3D machine vision technology is leveraged for functions such as defect detection, assembly verification, and the enhancement of overall product quality.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil 3d machine vision market , including forecasts for subscribers. This country databook contains high-level insights into Brazil 3d machine vision market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil 3d machine vision market size, by offering, 2017-2030 (US$M)
Brazil 3D Machine Vision Market Outlook Share, 2023 & 2030 (US$M)
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