Key Findings
The Europe machine vision market is anticipated to register a CAGR of 7.16% over the projected period of 2021 to 2028. Some of the key aspects attributed to the market growth of the region include the expanding healthcare and food & beverage industry, the rapidly developing automotive division, as well as the augmenting banking sector.

Market Insights
The Europe machine vision market growth analysis encompasses the in-depth study of Russia, Belgium, France, the United Kingdom, Germany, Italy, Poland, and Rest of Europe. Machine vision systems in France are still underrepresented in terms of the advantages and capacities offered, despite the proliferating rates of automation within the country’s market. In addition, the automotive industry in France is a substantial contributor to the nation’s gross domestic product (GDP), registering an estimated annual output of 3.4 million vehicles.
On the other hand, Italy is the second-largest machine vision market in Europe, following Germany. The automotive industry is the largest employer of machine vision systems across Italy. As the country continues to emerge from the repercussions of the global recession as well as the impact of the COVID-19 pandemic, the gradual recovery of the automotive sector in Italy may provide the market with profitable opportunities. Besides, the growth of the Italian textile manufacturing sector is expected to play an essential role, as well. Therefore, the factors mentioned above are mainly associated with the machine vision market growth in Europe during the forecasted years.

Competitive Insights
Leading players operating in the market are Allied Vision Technologies GmbH, Basler, Baumer Optronic GmbH, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments