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)

Publication Month: May 2021 | Report Code: TIPRE00022087 | No. of Pages: 138 | Category: Technology, Media and Telecommunications | Status: Published

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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.

Australia, China, India, Japan, and South Korea are major economies in APAC. Although innovations, such as the Internet of Things, are revolutionizing the manufacturing industry and making processes more autonomous, AI in computer vision would help improve them further. Computer vision is playing a significant part in inspecting fabricated products for flaws and non-conformities. Thus, on the production line, it may remove the need for human inspection, which is significantly increasing the adoption of AI in computer vision technology across the market. Similarly, edge computing solves the dilemma of latency and network usability. Devices can currently be set up in places where a network link is bad or non-existent without considering the connectivity. In addition, edge computing would offset some of the costs of using and managing cloud computing for data sharing. These factors are expected to drive the APAC AI in computer vision market during the forecast period. 

Because of a massive number of cases in China, the APAC region is greatly affected by COVID-19, 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 the large South Korea, India, Australia, and Japan, and is experiencing downward inflation. The sudden closedown of all economic activities which includes manufacturing and processing amongst others 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 are influencing its high adoption 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.  

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC AI in computer vision market. The Asia Pacific AI in computer vision market is expected to grow at a good CAGR during the forecast period.
APAC AI in computer vision market

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APAC AI in Computer Vision Market Segmentation

APAC AI in Computer Vision Market – By Component

  • Software
  • Hardware

APAC AI in Computer Vision Market – By End-User

  • Automotive
  • Sports and Entertainment
  • Robotics and Machine Vision
  • Security and Surveillance
  • Government and Defense
  • Others

APAC AI in computer vision Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC AI in computer vision Market - Companies Mentioned

  • 1.6 Xilinx, Inc.
  • Allied Vision Technologies GmbH
  • Basler AG
  • Cognex Corporation
  • General Electric Company
  • Intel Corporation
  • Microsoft Corporation
  • Nvidia Corporation
  • Qualcomm Incorporated
  • Teledyne Technologies, Inc

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

LIST OF TABLES

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

LIST OF FIGURES

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

The List of Companies - Asia Pacific AI in Computer Vision Market

  1. 1.6 Xilinx, Inc.
  2. Allied Vision Technologies GmbH
  3. Basler AG
  4. Cognex Corporation
  5. General Electric Company
  6. Intel Corporation
  7. Microsoft Corporation
  8. Nvidia Corporation
  9. Qualcomm Incorporated
  10. Teledyne Technologies, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC AI in computer vision market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC AI in computer vision market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the AI in computer vision market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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