Europe 3d Machine Vision Market Size & Outlook, 2023-2030
Europe 3d machine vision market, 2017-2030 (US$M)
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Europe 3d machine vision market highlights
- The Europe 3d machine vision market generated a revenue of USD 1,626.6 million in 2023.
- The market is expected to grow at a CAGR of 11.2% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,626.6 million |
| Market revenue in 2030 | USD 3,422.3 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 25.3% of the global 3d machine vision market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,144.1 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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Europe 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 69.25% in 2023. Horizon Databook has segmented the Europe 3d machine vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
Europe is one of the major regions in the domain of 3D machine vision technology. From automotive manufacturing in Germany to precision agriculture in the Netherlands and advancements in medical imaging in the U.K., the adoption of 3D machine vision is profoundly increasing across the continent.
Europe has revolutionized industrial processes, ensuring top-notch production quality and facilitating automation. In the agricultural sector, 3D machine vision promotes sustainable farming practices and crop optimization while in the healthcare sector, it elevates diagnostic capabilities and aids in intricate surgical procedures.
European countries have taken the lead in research & development within these sectors, cultivating a vibrant ecosystem of innovation. As the adoption of 3D machine vision increases, Europe is expected to emerge as a global leader in leveraging this technology to address a spectrum of industry-specific challenges while driving economic and technological advancements.
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Our clientele includes a mix of 3d machine vision market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe 3d machine vision market , including forecasts for subscribers. This continent databook contains high-level insights into Europe 3d machine vision market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe 3d machine vision market size, by country, 2017-2030 (US$M)
Europe 3D Machine Vision Market Outlook Share, 2023 & 2030 (US$M)
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