Market revenue in 2023 | USD 497.6 million |
Market revenue in 2030 | USD 1,253.2 million |
Growth rate | 14.1% (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 |
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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 71.1% in 2023. Horizon Databook has segmented the Middle East & Africa 3d machine vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, the Middle East and Africa (MEA) region has experienced a significant demand for 3D machine vision, with applications spanning manufacturing, agriculture, healthcare, and infrastructure development.
With increased investments in automation and technology, countries such as the UAE and Saudi Arabia have adopted 3D machine vision to enhance manufacturing processes, improve agricultural practices, and strengthen healthcare systems.
Furthermore, the region's abundant natural resources have prompted the use of 3D machine vision in mining operations to enhance safety and productivity.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa 3d machine vision market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 3d machine vision market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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