Growing Adoption of Strategic Initiatives Along with Rising Investment in R&D Activities

Published: Jul 2023

The global multi-camera vision systems market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). The growth of the market is attributed to the factors including acquisitions, collaborations, and product launches adopted by the key market players. For instance, In April 2021, NODAR Inc., the leading provider of long-range 3D vision technology, secured $12 million in Series A funding led by global venture capital firm New Enterprise Associates (NEA) with participation from existing investor Rhapsody Venture Partners. The funds used for R&D and further productization of NODAR's core technology, as well as expanded sales and marketing initiatives. 

Browse the full report description of “Multi-Camera Vision Systems Market Size, Share & Trends Analysis Report by Type (2D Vision Systems and 3D Vision Systems), and by End-User (Automotive & Transportation, Healthcare, Manufacturing, Industrial and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/multi-camera-vision-systems-market

In addition, partnerships, collaborations, and acquisitions strategies enable key market players to expand their offerings, enter new markets, technology integration, innovation, and research. This innovation drives market growth by meeting the evolving needs of businesses and providing solutions that deliver increased efficiency and accuracy in financial processes. In June 2023, e-con Systems launched a multi-camera solution that enhanced the capabilities of the Qualcomm Robotics RB5 Kit, which is a heterogeneous computing platform that integrates advanced connectivity and high-accuracy AI technology. The e-con module enabled the integration of up to six cameras into the RB5 kit. 

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type 

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Includes Keyence Corp., Cognex Corp., Industrial Vision Systems Ltd., Allied Vision Technologies GmbH, and OMRON Corp., among others.

 Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Multi-Camera Vision Systems Market Report Segment

By Type 

  • 2D Vision Systems
  • 3D Vision Systems

By End-User

  • Automotive & Transportation
  • Healthcare
  • Manufacturing
  • Industrial
  • Others (Retail & E-Commerce, Government & Defense)

Global Multi-Camera Vision Systems Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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