Middle East and Africa Machine Vision Market Report 2022-2028: Integration of Machine Vision With Cloud Technology Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Middle East and Africa Machine Vision Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

MARKET OUTLOOK

The publisher's analysis on the machine vision market in the Middle East and Africa puts forth that it would observe growth with a CAGR of 7.49% in the forecasting period between 2022 and 2028. Saudi Arabia, South Africa, the United Arab Emirates, Turkey, and Rest of Middle East & Africa together shape the market in this region.

Saudi Arabia is one of the prominent markets machine vision systems in the region, whose growth can be attributed to the rising government investments in novel technologies. Industry 4.0 also plays a pivotal role in the future of the automation and manufacturing sectors in the country. Several mega projects, like the NEOM city, are raising the demand for machine vision adoption in infrastructure development.

A sharp focus on manufacturing, as a result of the growth of Industry 4.0, shows that companies anticipate adopting novel technologies to enhance production capacity. The KSA has announced an investment of $500 billion in key investment sectors, such as mobility, food, biotechnology, energy & water, advanced manufacturing, media & entertainment, and technological & digital sciences. Hence, the market for machine vision shows a tremendous opportunity for growth in Saudi Arabia over the forthcoming period.

Leading global tech players such as Siemens have acknowledged the vast possibilities for Africa's future, with the adoption of advanced manufacturing technologies. With this research and insights, they are investing in developing technologies for smart factories. Therefore, there is a huge potential for machine vision systems in the African region. The expanding manufacturing industry in South Africa is thus expected to act as a significant driver for machine vision in the country.

Key Topics Covered:

1. Middle East and Africa Machine Vision Market - Summary

2. Industry Outlook

2.1. Impact of Covid-19 on the Machine Vision Industry

2.2. Key Insights

2.2.1. Integration of Machine Vision With Cloud Technology

2.2.2. 3D Measurement is the Fastest Evolving Type

2.2.3. Growing Interest for Automation in Industrial Applications

2.3. Porter's Five Forces Analysis

2.4. Key Impact Analysis

2.4.1. Accuracy

2.4.2. Cost-Effectiveness

2.4.3. Flexibility

2.5. Market Attractiveness Index

2.6. Key Market Strategies

2.7. Market Drivers

2.7.1. Increased Need for Smart Factories

2.7.2. Widening Applications of Mv Systems

2.7.3. Rising Need for Proper Defect Detection

2.7.4. Growing Trend of Miniaturized Products

2.8. Market Challenges

2.8.1. Lack of Expertise

2.8.2. Unawareness About the Benefits of Mv Systems

2.8.3. Complications in Implementation of Mv Systems

2.8.4. Lack of Standardization

2.9. Market Opportunities

2.9.1. Constant Developments in Cmos Image Sensors

2.9.2. Industrial Internet of Things (Iiot) to Offer Lucrative Growth Opportunities

3. Middle East and Africa Machine Vision Market Outlook - by Type

3.1. 1D Machine Vision

3.2. 2D Machine Vision

3.3. 3D Machine Vision

4. Middle East and Africa Machine Vision Market Outlook - by Components

4.1. Hardware

4.1.1. Asmv

4.1.2. Cameras

4.1.3. Sensors

4.1.4. Illuminations

4.1.5. Processors

4.1.6. Other Hardware Components

4.2. Software

5. Middle East and Africa Machine Vision Market Outlook - by Application

5.1. Inspection

5.2. Gauging

5.3. Guidance

5.4. Identification

5.5. Other Applications

6. Middle East and Africa Machine Vision Market Outlook - by Verticals

6.1. Automotive

6.2. Electronics & Semiconductors

6.3. Healthcare

6.4. Food & Packaging

6.5. Other Verticals

7. Middle East and Africa Machine Vision Market - Country Outlook

7.1. United Arab Emirates

7.2. Saudi Arabia

7.3. Turkey

7.4. South Africa

7.5. Rest of Middle East & Africa

Companies Mentioned

• Cognex Corporation
• Allied Vision Technologies GmbH
• Basler AG
• Teledyne Technologies Incorporated
• Baumer Electric AG
• Datalogic Spa
• Uss Vision
• Keyence Corporation
• Flir Systems Incorporated
• Jai As
• Perceptron Incorporated
• Optotune AG
• Isra Vision AG
• Omron Corporation
• National Instruments Corporation

For more information about this report visit https://www.researchandmarkets.com/r/3opwm8

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