Asia Pacific Machine Vision Market Size & Outlook

The machine vision market in Asia Pacific is expected to reach a projected revenue of US$ 19,587.8 million by 2030. A compound annual growth rate of 14% is expected of Asia Pacific machine vision market from 2024 to 2030.
Revenue, 2023 (US$M)
$7,823.6
Forecast, 2030 (US$M)
$19,587.8
CAGR, 2024 - 2030
14%
Report Coverage
Asia Pacific

Asia Pacific machine vision market highlights

  • The Asia Pacific machine vision market generated a revenue of USD 7,823.6 million in 2023.
  • The market is expected to grow at a CAGR of 14% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating offering in 2023.
  • Software is the most lucrative offering segment registering the fastest growth during the forecast period.
  • Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.

Asia Pacific data book summary

Market revenue in 2023USD 7,823.6 million
Market revenue in 2030USD 19,587.8 million
Growth rate14% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideBasler AG, Cognex Corp, Keyence Corp, OMRON Corp, SICK, Inc

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 42.3% of the global 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 19,587.8 million by 2030.

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Machine Vision Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 machine vision market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 60.46% in 2023. Horizon Databook has segmented the Asia Pacific machine vision market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Asia Pacific Machine Vision Offering Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services
  • Asia Pacific Machine Vision Product Outlook (Revenue, USD Million, 2018-2030)
    • PC based
    • Smart Camera based
  • Asia Pacific Machine Vision Application Outlook (Revenue, USD Million, 2018-2030)
    • Quality Assurance & Inspection
    • Positioning & Guidance
    • Measurement
    • Identification
  • Asia Pacific Machine Vision End-Use Industry Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • Pharmaceuticals & Chemicals
    • Electronics & Semiconductor
    • Pulp & Paper
    • Printing & Labeling
    • Food & Beverage
    • Glass & Metal
    • Postal & Logistics
    • Others

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Target buyers of Asia Pacific machine vision market databook

  • Our clientele includes a mix of machine vision market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific machine vision market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific machine vision market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific machine vision market size, by country, 2018-2030 (US$M)

Asia Pacific Machine Vision Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific machine vision market size, by country, 2018-2030 (US$M)

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