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Asia-Pacific AI in Computer Vision Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software) and End-User (Automotive, Sports and Entertainment, Robotics and Machine Vision, Security and Surveillance, Government and Defense, and Others)

Asia-Pacific AI in Computer Vision Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software) and End-User (Automotive, Sports and Entertainment, Robotics and Machine Vision, Security and Surveillance, Government and Defense, and Others)

The AI in computer vision market in APAC is expected to grow from US$ 1,156.92 million in 2019 to US$ 27,754.01 million by 2027; it is estimated to grow at a CAGR of 49.8% from 2020 to 2027. Deep learning has brought a new change in the way machine vision is used for smart manufacturing and industrial automation. Integration of deep learning is propelling machine vision systems to adapt themselves to variations in production. This dramatically strengthens the machine vision value proposition by bringing a rapid shift in accelerating inspection procedures and increasing application efficiency and operating efficiencies. On the other hand, with increased resolution of cameras and improved pixel resolution, suppliers of component lenses are committed to provide enhanced lenses for industrial applications, especially in the heavy industry. Liquid lenses would be a modern trend to increase speed and alacrity, relying almost immediately on a change in current or voltage without the need for mechanical improvements to traditional lenses. Thus, the above-mentioned factors are expected to fuel the growth of the APAC AI in computer vision market. Additionally, various industries demanding automating processing is a major factor driving the APAC AI in computer vision market.

Based on component, the software segment is expected to be fastest growing segment for APAC during the forecast period. The technology sector has been increasingly witnessing a significant rise in demand for software in recent times as they simplify the component time and significantly reduce the cost of deployment. This benefit has attracted a significant percentage of end-users. Owing to the rising demand for software, the majority of the AI-based computer vision market players are offering various solutions. For instance, Allied Vision Technologies GmbH offers AI based computer vision software to acquire images and control cameras on real-time basis. The solution also enables programming complex vision applications or connects to third-party libraries. The company’s solution suite also includes high-performance drivers for PC and embedded platforms. Thus, the adoption of these high-end technological solutions across industries is likely to contribute to the growth of software segment of the market during the forecast period.

Because of a massive number of cases in China, the APAC region is greatly affected by the COVID-19 outbreak. The country is the most important manufacturer and industrial producer because it trades more manufacturing products than any other country in the world; it is also a world leader in many types of goods. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies outside China, such as South Korea, India, Australia, and Japan, and the market is experiencing downward inflation. The sudden shutdown of all economic activities, including manufacturing and processing, has highly impacted the growth of the region. Owing to severe burden of losses over manufacturing companies, the investment on new technologies and implementation of the same will now be deferred till they resume back to normal. This is expected to negatively impact the AI in computer vision market growth. However, the rising adoption of the technology across the healthcare sector to determine symptoms of COVID-19 strains is influencing its demand across the countries to combat the rapid spread of the virus. Thus, the mixed effect of the technology across various industries is expected to moderately impact the market growth over the years across the region.

The overall APAC AI in computer vision market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC AI in computer vision market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the APAC AI in computer vision market. 1.6 Xilinx, Inc.; Allied Vision Technologies GmbH; Basler AG; Cognex Corporation; General Electric Company; Intel Corporation; Microsoft Corporation; Nvidia Corporation; Qualcomm Incorporated; and Teledyne Technologies, Inc are among the key players operating in the APAC AI in computer vision market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC AI in Computer Vision Market – By Component
1.3.2 APAC AI in Computer Vision Market – by End-User
1.3.3 APAC AI in Computer Vision Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC AI in Computer Vision Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC AI in Computer Vision Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Demand for Merged AI is Growing
5.1.2 Emotion AI is Becoming More Common
5.2 Market Restraints
5.2.1 Rising Privacy Concerns
5.3 Market Opportunities
5.3.1 Various Industries Demanding Automating Processing
5.4 Future Trends
5.4.1 High Acceptance of AI in Manufacturing Sector
5.5 Impact Analysis of Drivers and Restraints
6. AI in Computer Vision Market – APAC Analysis
6.1 APAC AI in Computer Vision Market Overview
6.1.1 APAC: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
7. APAC AI in Computer Vision Market Analysis – By Component
7.1 Overview
7.2 APAC AI in Computer Vision Market, by Component (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8. APAC AI in Computer Vision Market Analysis – By End-User
8.1 Overview
8.2 APAC AI in Computer Vision Market, by End-User (2019 and 2027)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Sports and Entertainment
8.4.1 Overview
8.4.2 Sports and Entertainment: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Robotics and Machine Vision
8.5.1 Overview
8.5.2 Robotics and Machine Vision: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Security and Surveillance
8.6.1 Overview
8.6.2 Security and Surveillance: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Government and Defense
8.7.1 Overview
8.7.2 Government and Defense: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9. APAC AI in Computer Vision Market – Country Analysis
9.1 Overview
9.1.1 APAC: AI in Computer Vision Market, by Key Country
9.1.1.1 Australia: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Australia: AI in Computer Vision Market, by Component
9.1.1.1.2 Australia: AI in Computer Vision Market, by End-User
9.1.1.2 China: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 China: AI in Computer Vision Market, by Component
9.1.1.2.2 China: AI in Computer Vision Market, by End-User
9.1.1.3 India: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: AI in Computer Vision Market, by Component
9.1.1.3.2 India: AI in Computer Vision Market, by End-User
9.1.1.4 Japan: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Japan: AI in Computer Vision Market, by Component
9.1.1.4.2 Japan: AI in Computer Vision Market, by End-User
9.1.1.5 South Korea: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: AI in Computer Vision Market, by Component
9.1.1.5.2 South Korea: AI in Computer Vision Market, by End-User
9.1.1.6 Rest of APAC: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: AI in Computer Vision Market, by Component
9.1.1.6.2 Rest of APAC: AI in Computer Vision Market, by End-User
10. Impact of COVID-19 Pandemic on APAC AI in Computer Vision Market
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 Cognex Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 General Electric Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Intel Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Microsoft Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Qualcomm Incorporated
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 1.6 Xilinx, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Teledyne Technologies, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Nvidia Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Basler AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Allied Vision Technologies GmbH
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

Table 1. APAC AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 4. China: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 5. China: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 6. India: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 7. India: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 8. Japan: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 9. Japan: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 10. South Korea: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 11. South Korea: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of APAC: AI in Computer Vision Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of APAC: AI in Computer Vision Market, by End-User –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation

Figure 1. APAC AI in Computer Vision Market Segmentation
Figure 2. APAC AI in Computer Vision Market Segmentation – By Country
Figure 3. APAC AI in Computer Vision Market Overview
Figure 4. Hardware Segment Held the Largest Market Share Based on Component
Figure 5. Automotive Segment Held the Largest Market Share Based on End-User
Figure 6. India to Show Great Traction During Forecast Period
Figure 7. APAC– PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC AI in Computer Vision Market Impact Analysis of Drivers and Restraints
Figure 10. APAC AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. APAC AI in Computer Vision Market Revenue Share, by Component (2019 and 2027)
Figure 12. APAC Hardware: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. APAC Software: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. APAC AI in Computer Vision Market Revenue Share, by End-User (2019 and 2027)
Figure 15. APAC Automotive: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. APAC Sports and Entertainment: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. APAC Robotics and Machine Vision: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. APAC Security and Surveillance: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. APAC Government and defense: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. APAC Others: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. APAC: AI in Computer Vision Market Share, by Key Country, Revenue 2019 (US$ Million)
Figure 22. APAC: AI in Computer Vision Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. Australia: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. China: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. India: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Japan: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. South Korea: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Rest of APAC: AI in Computer Vision Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in APAC Country Markets

Report Title: Asia-Pacific AI in Computer Vision Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software) and End-User (Automotive, Sports and Entertainment, Robotics and Machine Vision, Security and Surveillance, Government and Defense, and Others)


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