机器视觉行业深度报告：机器视觉，智能制造之眼

Industry Overview - Machine vision is a core technology in modern industry, enabling machines to "see" and "cognize" through simulating human vision systems, with applications in recognition, measurement, positioning, and inspection [2] - The global machine vision market is expected to exceed 120 billion yuan by 2025, with a CAGR of 13.22% from 2022 to 2025 [3] - The Chinese machine vision market is projected to reach 56.565 billion yuan by 2027, driven by the rise of domestic manufacturers and increasing demand in industries like 3C electronics, new energy, and logistics [3] Market Growth and Domestic Players - Domestic machine vision manufacturers, such as Hikrobot, Opt, and Lingyun Guang, have gained competitiveness, with local brands surpassing foreign brands in market share since 2020 [3] - The 3C electronics sector accounts for 25% of China's machine vision application market, followed by automotive, lithium battery, and semiconductor industries [38] - The machine vision market in China is expected to grow steadily, with applications expanding into new energy, AI, autonomous driving, and facial recognition technologies [40] Investment Recommendations - Opt is recommended for its comprehensive machine vision core hardware and software products [4] - Lingyun Guang is highlighted as a leading provider of configurable vision systems and intelligent vision equipment [4] - Tianzhun Technology is noted for its focus on visual measurement, inspection, and intelligent driving solutions [4] - Hikrobot, currently in the application stage, is a global provider of machine vision and mobile robotics solutions, focusing on industrial IoT and smart logistics [4] Key Companies - Opt has a complete product line covering visual algorithm libraries, industrial cameras, and 3D sensors, serving over 15,000 clients globally [74] - Lingyun Guang has a strong presence in consumer electronics, new energy, and media industries, with clients including Apple, Huawei, and CATL [78] - Tianzhun Technology specializes in visual measurement and inspection equipment, serving over 5,000 industrial clients worldwide [82] - Hikrobot's machine vision business accounts for over 50% of its revenue, with a growing focus on mobile robotics and smart logistics solutions [86]