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Middle East & Africa Vision Sensor Market Forecast to 2030 - Regional Analysis - by Type, Application, and Industry Vertical

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    Report

  • 89 Pages
  • October 2024
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 6026287
UP TO OFF until Dec 31st 2024
The Middle East & Africa vision sensor market was valued at US$ 244.66 million in 2022 and is expected to reach US$ 533.93 million by 2030; it is estimated to register a CAGR of 10.2% from 2022 to 2030.

Evolution of Industry 4.0 Bolsters Middle East & Africa Vision Sensor Market

The introduction of Industry 4.0 brings several advances in the efficiency and productivity of industrial processes. Various industries use vision sensors for generating real-time visual information used in quality control processes. Industries use this information to enhance productivity, automation, and quality control in their processes, which further leads to a reduction in downtime. Vision sensors are used to detect defects or inconsistencies in product lines and enable businesses to produce high-quality products.

Vision sensors are crucial for smart factories and Industry 4.0 for enabling advanced automation, smart manufacturing, and data-driven decision-making activities. They are essential for automating assembly lines, quality control, mitigating risks, and supporting businesses to produce high-quality products by minimizing errors. Thus, vision sensors help improve the overall effectiveness of equipment and minimize downtime by ensuring efficient operations and automation within modern industrial facilities.

Middle East & Africa Vision Sensor Market Overview

The demand for vision sensors in the automotive industry is driving market growth in the Middle East. In November 2023, CarsTaxi partnered with Al-Futtaim Toyota to increase its supply of hybrid vehicles. Al-Futtaim Toyota will supply 1,300 Toyota Camry hybrid vehicles to accelerate and support the green mobility initiative in the UAE. Vision sensors are used for numerous purposes, such as advanced driver assistance systems (ADAS), autonomous driving, and material handling in manufacturing systems. These sensors are employed in automated guided vehicles (AGVs) to enable fast, efficient, and reliable transportation.

Middle East & Africa Vision Sensor Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Vision Sensor Market Segmentation

The Middle East & Africa vision sensor market is categorized into type, application, industry vertical, and country.

Based on type, the Middle East & Africa vision sensor market is bifurcated into less than 3D and 3D. The less than 3D segment held a larger market share in 2022.

In terms of application, the Middle East & Africa vision sensor market is categorized into inspection, gauging, code reading, and others. The code reading segment held the largest market share in 2022.

By industry vertical, the Middle East & Africa vision sensor market is segmented into automotive, electronics, industrial manufacturing, food & beverages, and others. The automotive segment held the largest market share in 2022.

Based on country, the Middle East & Africa vision sensor market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa vision sensor market share in 2022.

Cognex Corp, Teledyne Technologies Inc, Keyence Corp, Sick AG, Balluff GmbH, Baumer Holding AG, Pepperl+Fuchs SE, Ifm Electronic GmbH, Hans Turck GmbH & Co.KG, and Leuze Electronic GmbH & Co KG are some of the leading companies operating in the Middle East & Africa vision sensor market.

Table of Contents

1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Vision Sensor Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Middle East & Africa Vision Sensor Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Funding and Investment in Developing and Advancing Vision Sensors
5.1.2 High Adoption of Vision Sensors in Consumer Electronics Industry
5.2 Market Restraints
5.2.1 High Costs Associated with Vision Sensors
5.3 Market Opportunities
5.3.1 Adoption of AI-Based Vision Sensors
5.4 Future Trends
5.4.1 Evolution of Industry 4.0
5.5 Impact of Drivers and Restraints:
6. Vision Sensor Market - Middle East & Africa Analysis
6.1 Vision Sensor Market Overview
6.2 Vision Sensor Market Revenue (US$ Million), 2020-2030
6.3 Vision Sensor Market Forecast Analysis
7. Middle East & Africa Vision Sensor Market Analysis - by Type
7.1 Less than 3D
7.1.1 Overview
7.1.2 Less than 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
7.2 3D
7.2.1 Overview
7.2.2 3D: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Vision Sensor Market Analysis - by Application
8.1 Inspection
8.1.1 Overview
8.1.2 Inspection: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Gauging
8.2.1 Overview
8.2.2 Gauging: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Code Reading
8.3.1 Overview
8.3.2 Code Reading: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Vision Sensor Market Analysis - by Industry Vertical
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
9.2 Electronics
9.2.1 Overview
9.2.2 Electronics: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Food & Beverage
9.3.1 Overview
9.3.2 Food & Beverage: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Industrial Manufacturing
9.4.1 Overview
9.4.2 Industrial Manufacturing: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Vision Sensor Market - Country Analysis
10.1 Middle East & Africa Vision Sensor Market Overview
10.1.1 Middle East & Africa: Vision Sensor Market Breakdown, by Key Countries, 2022 and 2030 (%)
10.1.1.1 Middle East & Africa: Vision Sensor Market - Revenue and Forecast Analysis - by Country
10.1.1.2 South Africa: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 South Africa: Vision Sensor Market Breakdown, by Type
10.1.1.2.2 South Africa: Vision Sensor Market Breakdown, by Application
10.1.1.2.3 South Africa: Vision Sensor Market Breakdown, by Industry Vertical
10.1.1.3 Saudi Arabia: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Saudi Arabia: Vision Sensor Market Breakdown, by Type
10.1.1.3.2 Saudi Arabia: Vision Sensor Market Breakdown, by Application
10.1.1.3.3 Saudi Arabia: Vision Sensor Market Breakdown, by Industry Vertical
10.1.1.4 United Arab Emirates: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 United Arab Emirates: Vision Sensor Market Breakdown, by Type
10.1.1.4.2 United Arab Emirates: Vision Sensor Market Breakdown, by Application
10.1.1.4.3 United Arab Emirates: Vision Sensor Market Breakdown, by Industry Vertical
10.1.1.5 Rest of Middle East & Africa: Vision Sensor Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 Rest of Middle East & Africa: Vision Sensor Market Breakdown, by Type
10.1.1.5.2 Rest of Middle East & Africa: Vision Sensor Market Breakdown, by Application
10.1.1.5.3 Rest of Middle East & Africa: Vision Sensor Market Breakdown, by Industry Vertical
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Cognex Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Teledyne Technologies Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Keyence Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Sick AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Balluff GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Baumer Holding AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Pepperl+Fuchs SE
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 ifm Electronic GmbH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Hans Turck GmbH & Co. KG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Leuze Electronic GmbH & Co KG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index

Companies Mentioned

  • Cognex Corp
  • Teledyne Technologies Inc
  • Keyence Corp
  • Sick AG
  • Balluff GmbH
  • Baumer Holding AG
  • Pepperl+Fuchs SE
  • Ifm Electronic GmbH
  • Hans Turck GmbH & Co.KG
  • Leuze Electronic GmbH & Co KG

Table Information