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Machine Vision Camera Market to Grow by USD 2.02 Billion (2025-2029), Driven by Non-Industrial Demand, AI Redefining Market Landscape – Technavio

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NEW YORK, Jan. 20, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global machine vision (MV) camera market  size is estimated to grow by USD 2.02 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 9.9%  during the forecast period. Increased demand in non-industrial sectors is driving market growth, with a trend towards augmented demand for smart cameras. However, high cost of implementation  poses a challenge. Key market players include Adimec Advanced Image Systems bv, Alpha MOS, AMETEK Inc., Banner Engineering Corp., Basler AG, Baumer Holding AG, Cognex Corp., Datalogic SpA, Decision Technology LLC, Hangzhou Hikvision Digital Technology Co. Ltd., Hitachi Ltd., Intel Corp., JAI AS, Keyence Corp., National Instruments Corp., OMRON Corp., SICK AG, Sony Group Corp., Teledyne Technologies Inc., and TKH Group NV.

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Platform (PC based camera, Smart camera, Wireless camera, and Wearable camera), Type (Line scan, Area scan, and 3D scan cameras), Geography (APAC, North America, Europe, Middle East and Africa, and South America), Hardware Standard, Process Type, and Spectrum Typ

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Adimec Advanced Image Systems bv, Alpha MOS, AMETEK Inc., Banner Engineering Corp., Basler AG, Baumer Holding AG, Cognex Corp., Datalogic SpA, Decision Technology LLC, Hangzhou Hikvision Digital Technology Co. Ltd., Hitachi Ltd., Intel Corp., JAI AS, Keyence Corp., National Instruments Corp., OMRON Corp., SICK AG, Sony Group Corp., Teledyne Technologies Inc., and TKH Group NV

Key Market Trends Fueling Growth

Machine Vision (MV) cameras, also known as machine vision cameras, are essential tools in various industries for position guidance, measurement, identification, and pattern recognition. The market for MV cameras is thriving, with trends including smart cameras, PC-based cameras, wireless cameras, wearable cameras, and the integration of AI and image recognition algorithms in smart manufacturing. Industries like aerospace, transportation, agriculture drones, and manufacturing are leveraging MV cameras for automation, quality assurance, and inspection. Applications range from microscopy and autonomous vehicles to parking cameras and CMS cameras. MV cameras come in different types, including USB3, line scan, and 3D imaging cameras. Strategic partnerships and advanced manufacturing technologies, such as smart factories and smart camera-based systems, are driving growth. Lens types, including wideangle, normal, telephoto, and wide area lenses, cater to diverse applications. MV cameras are integral to automation technology in sectors like semiconductors, electric vehicles, and transportation. With compact footprints and high production capacity, these cameras are transforming manufacturing operations and quality tests, enabling the identification of components and improving overall efficiency. 

Smart cameras play a significant role in Machine Vision (MV) systems by capturing and transferring frames for computer analysis. These cameras feature a single embedded image sensor and are custom-built for space-constrained applications. Smart cameras are versatile and can be used for various automated functions, either as an addition to a multi-component MV system or as standalone image-processing units. Their popularity stems from their affordability and user-friendly design. In industrial production, smart cameras are extensively utilized for inspection and quality assurance purposes. 

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Market Challenges

The Machine Vision (MV) camera market is experiencing significant growth due to increasing automation in various industries. Challenges such as position guidance, measurement, identification, and pattern recognition are being addressed through advanced imagerecognition algorithms and smart cameras. Smart manufacturing sectors like aerospace, transportation, and semiconductors are adopting MV cameras for quality assurance and automation. Market players offer different types of MV cameras, including PC-based, wireless, wearable, and smart cameras. USB3 cameras are popular due to their high-speed data transfer capabilities. Lens types like wideangle, normal, telephoto, and wide area lenses cater to diverse applications. MV cameras are used in manufacturing industries for inspection, microscopy, and 3D modeling. They are also employed in agriculture drones for UAV-based inspections of power lines and facilities. Strategic partnerships between camera manufacturers and technology providers are essential for enhancing production capacity and staying competitive. MV cameras are integrated into various applications, such as barcode scanners, 3D imaging cameras, line scan cameras, and parking cameras. AI and automation technology are driving innovation in this market, with applications in smart manufacturing, advanced manufacturing, and smart factories. MV cameras are also used in autonomous vehicles, electric vehicles, and connected vehicles for embedded image processing and compact footprint.Machine vision systems incorporate cameras, software, and advanced technologies for image analysis in various industries. The cost of these systems is substantial, posing a challenge for small and medium-sized enterprises (SMEs) in both developed and developing countries. Customization and operational requirements add to the overall expense. Smart cameras, equipped with advanced technologies for image clarity and precision, have a high base price. End-users customize these systems for specific applications, incurring additional costs for servicing. The high initial investment may deter potential buyers.

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Segment Overview 

This machine vision (mv) camera market report extensively covers market segmentation by

Platform 1.1 PC based camera1.2 Smart camera1.3 Wireless camera1.4 Wearable cameraType 2.1 Line scan2.2 Area scan2.3 3D scan camerasGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South AmericaHardware StandardProcess TypeSpectrum Type

1.1 PC based camera-  Machine vision (MV) cameras with PC-based systems offer seamless integration through direct-connect cameras or image acquisition boards. These systems boast powerful processing capabilities, enabling them to handle complex operations at high speeds. This versatility compensates for unexpected variables in tasks. Vendors like Omron Automation Americas expand the market by launching advanced solutions, such as their new FJ2 cameras. Featuring CMOS sensors, fast frame rates, and resolutions up to 5 MP, these cameras enhance the capabilities of PC-based systems, driving market growth during the forecast period.

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Research Analysis

Machine Vision (MV) cameras are advanced imaging devices designed to process and analyze visual information in real-time. They are integral components of Machine Vision systems, which are used for various applications such as position guidance, measurement, and pattern recognition. MV cameras come in various types, including smart cameras, wireless cameras, wearable cameras, parking cameras, CMS cameras, SVS cameras, barcode scanners, 3D imaging cameras, and line scan cameras. Smart cameras have onboard processing capabilities, while wireless and wearable cameras offer mobility. Lens types include wideangle and normal lenses, with each offering distinct advantages depending on the application. MV cameras are essential in industries like manufacturing, automotive, healthcare, and logistics, enhancing efficiency, accuracy, and safety.

Market Research Overview

Machine Vision (MV) cameras are advanced imaging devices designed for automating industrial processes through position guidance, measurement, identification, and pattern recognition. They employ sophisticated image recognition algorithms to analyze data in real-time, enabling automation in various industries, including manufacturing, agriculture, and transportation. MV cameras come in various forms, such as smart cameras, PC-based cameras, wireless cameras, wearable cameras, and more. These cameras are integral to smart manufacturing, quality assurance, and automation in sectors like aerospace, semiconductors, and automotive. Applications include inspection, microscopy, autonomous vehicle parking cameras, CMS cameras, SVS cameras, barcode scanners, and 3D modeling. With advancements in AI and automation technology, the MV camera market is witnessing strategic partnerships and the development of compact, high-resolution cameras like USB3 and digital sensors. Other emerging applications include UAV-based inspections of power lines, facilities, and autonomous vehicles. Lens types, such as wide-angle, normal, telephoto, and wide area lenses, cater to different industry needs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

PlatformPC Based CameraSmart CameraWireless CameraWearable CameraTypeLine ScanArea Scan3D Scan CamerasGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth AmericaHardware StandardProcess TypeSpectrum Type

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Husqvarna Group’s climate targets validated by the Science Based Targets initiative

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STOCKHOLM, May 11, 2026 /PRNewswire/ — Husqvarna Group’s greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. This confirms alignment of the Group’s greenhouse gas emissions reduction targets with the SBTi Net-Zero Criteria.

The validation covers both Husqvarna Group’s net-zero target and updated near-term target, encompassing greenhouse gas emissions across Scope 1, 2 and 3. According to the validation by the SBTi, Husqvarna AB commits to achieve net-zero greenhouse gas emissions across its value chain by 2050, and to reduce absolute Scope 1, 2 and 3 greenhouse gas emissions by 60.28 percent by 2030 and by 90.0 percent by 2050, from a 2015 base year. This includes direct emissions from the Group’s own operations, indirect emissions from purchased energy, and the most material categories of value-chain emissions, where the majority of Husqvarna Group’s climate impact occurs.

“Having our climate targets validated by the Science Based Targets initiative is an important confirmation that Husqvarna Group’s climate targets are both ambitious and credible under the SBTi’s criteria. Sustainability is a long-standing strategic priority for Husqvarna Group, and this validation provides a clear, science-based pathway for our continued work to reduce emissions across the entire value chain,” says Glen Instone, CEO at Husqvarna Group.

The validated climate targets provide a framework for Husqvarna Group’s continued sustainability work and are implemented as part of the Group’s overall business strategy. The validation also strengthens transparency towards customers, investors and other stakeholders regarding Husqvarna Group’s long-term climate efforts. Further details on the Group’s climate targets, methodology, scope, base year and progress are available in Husqvarna Group’s Annual Report, accessible at www.husqvarnagroup.com.

More information about Husqvarna Group’s validated targets can be found on SBTi’s website, using search word Husqvarna AB.

For additional information, please contact:
Media
Henrik Sjöström, Head of external communication
+46 727 – 15 77 85
press@husqvarnagroup.com

Investors
Emelie Alm, Vice President Investor Relations
+46 705 – 14 64 14
ir@husqvarnagroup.com

Husqvarna Group

Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as equipment and diamond tools for the construction industry. With an innovative mindset, we are dedicated to delivering high-quality solutions ranging from robotic mowers to chainsaws, watering systems and power cutters, with a strong focus on our customers and future generations.

Founded in the Swedish town Huskvarna in 1689, we have been pioneers in our business for more than three centuries. Today, we are mainly operating under the global Husqvarna and Gardena brands, serving consumers and professionals in over 100 countries through direct sales, dealers, and retailers. Headquartered in Stockholm, Sweden, Husqvarna Group employs approximately 11,900 people in 40 countries and reported net sales of SEK 46.6 billion in 2025. Husqvarna Group is listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/husqvarna-group/r/husqvarna-group-s-climate-targets-validated-by-the-science-based-targets-initiative,c4346217

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Husqvarna Group’s climate targets validated by the Science Based Targets initiative

 

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SOURCE Husqvarna Group

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Planning a Group Visit to Medtec Shanghai: A Corporate Buyer’s Guide

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SHANGHAI, May 11, 2026 /PRNewswire/ — Sourcing complex medical device components is rarely a solo job. Building a secure supply chain requires direct input from product engineering, quality control, and executive procurement teams. Sending your entire group to the Medtec China exhibition ensures that all departments align perfectly on crucial manufacturing decisions.

As the premier event for medical device research, development, and manufacturing, this gathering provides the ideal environment for corporate buyers to evaluate global suppliers. Mark your calendar for September 1-3, 2026, at the Shanghai New International Expo Center (Halls N1-N4). You can secure free early bird tickets by registering your team between April 1 and August 30. If you wait until the event begins, on-site registration will cost 100 RMB per person. Register your team today to claim your free passes, explore groundbreaking innovations, and streamline your next major product launch.

The Strategic Advantage of Attending as a Team

When you step into a massive Shanghai medical expo, the sheer scale of the event can easily overwhelm a single buyer. Spanning multiple massive exhibition halls, the floor features thousands of advanced raw materials, heavy machinery displays, and compliance software solutions.

Divide and Conquer the Show Floor

Bringing a corporate group allows you to multiply your sourcing power. A single buyer simply cannot evaluate a new biocompatible polymer supplier while simultaneously watching a live demonstration of robotic assembly arms on the other side of the convention center. By sending a specialized team, you can divide and conquer. While your procurement manager negotiates bulk pricing for extrusion tubing, your lead mechanical engineer can inspect smart factory automation tools in a completely different pavilion.

Cross-Functional Vendor Evaluation

Approving a new manufacturing partner requires multiple distinct perspectives. An engineer must verify mechanical tolerances, a quality control specialist needs to review ISO 13485 certifications, and a buyer has to assess minimum order quantities. When your team evaluates a vendor together at the booth, you can ask all these critical questions simultaneously. This unified approach prevents the endless email chains and internal delays that typically plague international sourcing.

How to Coordinate a Seamless Corporate Visit

Planning a productive overseas trip for multiple stakeholders requires strict organization. If your team arrives without a cohesive plan, you risk duplicating efforts and missing out on key suppliers.

Set Clear Group Sourcing Goals

Before you book any flights or hotels, hold a comprehensive pre-trip planning meeting. Identify the specific bottlenecks currently slowing down your production lines. Create a master list of required components and delegate exact sourcing targets to specific team members.

Define technical requirements: Gather all CAD drawings, material specifications, and regulatory benchmarks.Establish budget limits: Ensure the procurement team knows the exact target price points for raw materials and contract manufacturing services.Identify target exhibitors: Review the official online exhibitor list together and highlight the companies your team absolutely must meet.

Manage Logistics and Registrations Early

Ensure every member of your group registers during the free early bird window to avoid unnecessary on-site fees. When booking travel, secure hotel accommodations as close to the Shanghai New International Expo Center as possible. Minimizing morning transit times keeps your team energized and focused on the highly demanding work of vendor negotiation.

Tips for Maximizing Team Productivity at the Event

Once your group arrives at the exhibition, you must balance individual exploration with coordinated team strategy. Protect your time to secure the highest possible return on your travel investment.

Assign Specific Engineering Pavilions

The exhibition floor groups vendors by their specific engineering capabilities. Leverage this logical layout by assigning your staff to the zones that match their daily expertise:

R&D Engineers: Focus on the advanced materials pavilions, searching for shape-memory alloys, specialized ceramics, and rapid prototyping services.Quality Assurance Experts: Dedicate time to the testing and metrology sectors, evaluating visual inspection cameras and compliance management software.Supply Chain Managers: Target the contract manufacturing and packaging halls to negotiate lead times and sterile delivery options.

Schedule Daily Debriefs

Continuous communication prevents team members from operating in silos. Schedule a mandatory debriefing session at the end of each day, either over dinner or at a quiet coffee shop. Use this time to share findings, compare notes on promising new suppliers, and identify any overlapping interests. If an engineer finds a highly capable components manufacturer, the entire team can plan a joint follow-up meeting at that booth for the following morning to finalize a capability audit.

Prepare Your Team for Manufacturing Success

Attending a major medical device exhibition as a unified corporate group entirely transforms your procurement strategy. It eliminates internal communication barriers, speeds up the vendor vetting process, and helps you build a much more resilient supply chain.

Do not let your competitors outpace your manufacturing capabilities. Review your upcoming project pipelines, assemble your core sourcing team, and secure your group registration for Medtec China 2026. Empower your staff with the tools and contacts they need to secure the best manufacturing partnerships in the global market.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/planning-a-group-visit-to-medtec-shanghai-a-corporate-buyers-guide-302767999.html

SOURCE Medtec China

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Share buybacks in Ericsson during the period May 4 – May 8, 2026

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STOCKHOLM, May 11, 2026 /PRNewswire/ — During the period May 4 – May 8, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (SEK)

Total daily transaction value (SEK)

2026-05-04

250,000

108.3303

27,082,575.00

2026-05-05

800,000

110.8867

88,709,360.00

2026-05-06

500,000

111.3745

55,687,250.00

2026-05-07

500,000

110.2140

55,107,000.00

2026-05-08

600,000

109.0358

65,421,480.00

Total

2,650,000

110.1916

292,007,665.00

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (“MAR”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (“the Safe Harbour Regulation”).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 46,763,592 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)

FOR FURTHER INFORMATION, PLEASE CONTACT:
Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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Daily Ericsson Share Buyback Report

 

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SOURCE Ericsson

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