South Korea 3d Machine Vision Market Size & Outlook
South Korea 3d machine vision market, 2017-2030 (US$M)
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South Korea 3d machine vision market highlights
- The South Korea 3d machine vision market generated a revenue of USD 499.2 million in 2023 and is expected to reach USD 1,506.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.1% 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 499.2 million |
| Market revenue in 2030 | USD 1,506.5 million |
| Growth rate | 17.1% (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, South Korea accounted for 7.8% 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 Asia Pacific, Japan 3d machine vision market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,506.5 million by 2030.
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3D Machine Vision Market Scope
3D Machine Vision Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 64.96% in 2023. Horizon Databook has segmented the South Korea 3d machine vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
The South Korean 3D machine vision market is dynamic and evolving with increasing significance in various sectors.
South Korea has a thriving manufacturing industry, and 3D machine vision is increasingly integral to quality control, process automation, and precision measurements, ensuring the products meet the nation's quality standards.
The automotive sector leverages this technology for tasks such as defect detection, assembly verification, and improving overall product quality.
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Target buyers of South Korea 3d machine vision market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the South Korea 3d machine vision market , including forecasts for subscribers. This country databook contains high-level insights into South Korea 3d machine vision market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea 3d machine vision market size, by offering, 2017-2030 (US$M)
South Korea 3D Machine Vision Market Outlook Share, 2023 & 2030 (US$M)
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