Top 5 Vendors for Machine Vision until 2021 – A Competitive Analysis

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International players in the market space to acquire local and regional players for inorganic growth

Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global machine vision market in their latest research report. This report also lists three other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.

Competitive vendor landscape

The global market for machine vision is highly fragmented in nature. The regional and local players in the market space focus on offering cost-effective customized automation control systems. International players, on the other hand, are continuously innovating and developing their competitiveness through R&D investments. Increased product extensions, technological innovations, and rise in M&As is expected to intensify the competition in the market space over the next four years.

According to Bharath Kanniappan, a lead analyst at Technavio for research on automation, “International players are anticipated to grow inorganically during the forecast period by acquiring regional or local players. For instance, during May 2016, Teledyne DALSA acquired CARIS for almost USD 27 million. CARIS is a geospatial software designed for the hydrographic and marine community and is part of the Digital Imaging.”

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Top five vendors in the machine vision market space


Basler produces digital cameras mainly for industrial production and a wide range of applications. It has subsidiaries in Europe, Asia, and the Americas. Its end-user segment includes medical technology, industrial mass production, life sciences, retail application, traffic management and other application such as security and surveillance, logistics, sports, and motion and agriculture.

Key products: Basler racer and Basler runner.

Cognex Corporation

Cognex Corporation provides vision systems, software, sensors, and industrial ID readers. Its applications include detecting defects, guiding assembly robots, tracking, sorting, and identifying parts. The company operates in the Americas, Europe, and Asia. End-users for Cognex Corporation machine vision products include automotives, pharmaceuticals, electronics, food and beverages, logistics, medical devices, packaging, consumer products, and web and surface inspection industries.

Key products: In-Sight 2000 and In-Sight 7000.


KEYENCE engages in the manufacture of industrial automation and inspection equipment. The product categories consist of laser markers, machine vision, measuring system, microscopes, static eliminators, and sensors.

Key products: CV-X series, XG-X series, and XG-8000 series.


OMRON manufactures sensing and control technologies for automation purpose. It also manufactures sensors such as fiber sensors, photoelectric sensors, displacement sensors, code reader, proximity sensors, rotary encoders, ultrasonic sensors, pressure sensors, and contact sensors. It has a global presence, however, much of its sales are generated in Japan and greater China.

Key products: FH series, FZ5 series, and FZ4 series.

Teledyne DALSA

DALSA produces digital imaging and semiconductors. The company was acquired by Teledyne Technologies in 2011 and was renamed as Teledyne DALSA. Teledyne DALSA develops, designs, manufactures, and markets digital imaging products and arrangements, specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing.

Key products: Piranha4, Piranha HS, Falcon2, Genie, BOA, and Piranha HS NIR.

A more detailed analysis is available in the Technavio report, Global Machine Vision Systems Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.

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