Key Insights
The European machine vision systems market is experiencing robust growth, driven by increasing automation across various industries and advancements in artificial intelligence (AI) and deep learning technologies. The market, estimated at €XX million in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 7.50% from 2025 to 2033. This expansion is fueled primarily by the rising adoption of machine vision in manufacturing, particularly within the automotive, electronics, and food and beverage sectors. The demand for enhanced quality control, improved production efficiency, and increased traceability is pushing industries to integrate sophisticated machine vision systems. Furthermore, the development of more compact, cost-effective smart camera-based systems is expanding market accessibility, particularly for small and medium-sized enterprises (SMEs). Germany, the United Kingdom, and Italy represent the largest national markets within Europe, reflecting their advanced manufacturing bases and high technology adoption rates.
However, market growth faces some restraints. The high initial investment costs associated with implementing machine vision systems can be a barrier to entry for certain businesses. Furthermore, the complexity of integrating these systems into existing workflows, along with the need for specialized expertise in software and programming, can also hinder broader adoption. Nevertheless, ongoing technological advancements, including the development of more user-friendly software and improved integration capabilities, are gradually mitigating these challenges. The market segmentation reveals a strong focus on PC-based and smart camera-based systems, with the software component representing a significant revenue stream. Continued innovation in both hardware and software solutions is expected to drive further market penetration and solidify the role of machine vision in modern industrial automation across Europe.

Europe Machine Vision Systems Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Europe Machine Vision Systems industry, offering invaluable insights for businesses, investors, and stakeholders. Covering the period 2019-2033, with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market size, segmentation, growth drivers, challenges, and key players. The study period of 2019-2024 serves as a historical benchmark for future projections. The report utilizes data from multiple sources and rigorous analytical techniques to provide a robust and reliable forecast of the market's trajectory. The total market value in 2025 is estimated at xx Million, with projected growth to xx Million by 2033.
Europe Machine Vision Systems Industry Market Structure & Competitive Dynamics
The European machine vision systems market exhibits a moderately concentrated structure, with several major players holding significant market share. Keyence Corporation, Cognex Corporation, and Omron Corporation are amongst the leading companies, collectively accounting for an estimated xx% of the market in 2025. The industry's competitive landscape is characterized by intense innovation, with companies constantly striving to develop advanced technologies and expand their product portfolios. This is driven by factors such as the increasing adoption of automation across various end-user industries and the rising demand for higher-resolution imaging and sophisticated image processing capabilities.
Regulatory frameworks such as the GDPR (General Data Protection Regulation) play a crucial role, influencing data privacy and security practices within the industry. Product substitutes, such as traditional manual inspection methods, still exist, but their adoption is decreasing due to the increasing efficiency and cost-effectiveness of machine vision systems.
End-user trends such as increasing automation in manufacturing and logistics are major drivers of market growth. Furthermore, mergers and acquisitions (M&A) activities within the sector are frequent, reflecting the consolidation of market share and the acquisition of specialized technologies. In 2024, the total value of M&A deals in the European machine vision market was estimated to be around xx Million.
Europe Machine Vision Systems Industry Industry Trends & Insights
The European machine vision systems market is experiencing significant growth, driven by several key factors. The increasing adoption of automation across various industries, particularly automotive, electronics, and logistics, is a major catalyst. Technological advancements such as the integration of artificial intelligence (AI) and deep learning algorithms are enhancing the capabilities of machine vision systems, enabling them to perform more complex tasks with higher accuracy. This has led to improved quality control, increased productivity, and reduced operational costs, leading to a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033).
The market penetration of smart camera-based systems is growing rapidly, exceeding PC-based systems in several segments due to their ease of use, cost-effectiveness, and compact size. This shift in preference reflects the overall industry trend toward more compact and versatile solutions. Consumer preferences are also influencing the market, with increasing demand for systems that offer seamless integration with existing production lines and easy-to-use software interfaces. The competitive landscape, characterized by continuous innovation and product differentiation, further fuels market growth.

Dominant Markets & Segments in Europe Machine Vision Systems Industry
By Product: Smart camera-based systems are currently the dominant segment in the European machine vision market, exhibiting faster growth than PC-based systems due to their versatility and ease of integration.
By End-User Industry: The automotive industry is the leading end-user segment, followed closely by the electronics and semiconductors sector. Both these industries heavily rely on high-precision automated quality control and manufacturing processes. The food and beverage industry is also showing significant growth, driven by increasing demand for automated food inspection systems to ensure product quality and safety.
By Country: Germany holds the largest market share within Europe, driven by its strong automotive and manufacturing sectors, followed by the United Kingdom and Italy. The "Rest of Europe" segment also demonstrates substantial growth potential.
By Component: The hardware segment constitutes the largest portion of the market, with software accounting for a growing share as the demand for sophisticated image processing algorithms increases.
Key drivers for the dominance of specific segments and countries include robust economic policies supporting industrial automation and advancements in local infrastructure for advanced technologies. Germany's strong manufacturing base and research capabilities further solidify its leading position.
Europe Machine Vision Systems Industry Product Innovations
Recent innovations in machine vision systems include the integration of AI-powered defect detection, enabling automated identification of complex defects without the need for extensive sample training. This is particularly impactful in industries with high volumes of production, leading to improved efficiency and reduced error rates. Furthermore, advancements in high-resolution imaging, 3D vision, and multispectral imaging are enhancing the capabilities of machine vision systems, enabling them to handle increasingly complex inspection tasks in diverse applications. The market fit of these innovations is excellent, as they address the growing need for enhanced accuracy and speed in automated visual inspection.
Report Segmentation & Scope
This report segments the European machine vision systems market based on product type (PC-based, smart camera-based), end-user industry (food and beverage, healthcare and pharmaceutical, logistics and retail, automotive, electronics and semiconductors, other end-user industries), country (United Kingdom, Germany, Italy, Rest of Europe), and component (hardware, software). Each segment's growth projections, market sizes, and competitive dynamics are thoroughly analyzed, providing a detailed understanding of market opportunities and challenges. For example, the smart camera-based segment is projected to experience robust growth, driven by cost-effectiveness and ease of use. The automotive sector shows high demand due to stringent quality requirements.
Key Drivers of Europe Machine Vision Systems Industry Growth
Several factors drive the growth of the European machine vision systems market. Technological advancements, such as AI-powered image processing and 3D vision, are paramount, enhancing system capabilities and efficiency. The increasing demand for automation across various industries, fueled by labor shortages and the need for improved quality control, is a major contributor. Favorable economic policies in several European countries, supporting technological innovation and industrial automation, further accelerate market growth.
Challenges in the Europe Machine Vision Systems Industry Sector
The European machine vision systems industry faces certain challenges, including the high initial investment costs associated with implementing machine vision systems, which can be a barrier for small and medium-sized enterprises (SMEs). Supply chain disruptions and the availability of skilled labor are additional obstacles. Competitive pressures from both domestic and international players also necessitate ongoing innovation and efficiency improvements to maintain market share.
Leading Players in the Europe Machine Vision Systems Industry Market
- Keyence Corporation
- IDS Imaging Development Systems GmbH
- National Instruments Corporation
- Cognex Corporation
- Omron Corporation
- Uss Vision Inc
- Perceptron Inc
- Teledyne DALSA
- Datalogic SpA
- Basler AG
Key Developments in Europe Machine Vision Systems Industry Sector
- September 2020: Omron introduced the FH Series Vision system, featuring industry-first AI-based defect detection technology, automating visual inspection without sample learning. This significantly impacted the market by enhancing inspection efficiency and accuracy.
Strategic Europe Machine Vision Systems Industry Market Outlook
The European machine vision systems market is poised for continued strong growth, driven by ongoing technological advancements, increasing automation demands, and supportive regulatory environments. Strategic opportunities lie in developing AI-powered solutions, expanding into emerging applications such as robotics and autonomous vehicles, and focusing on providing customized solutions tailored to specific industry needs. The focus on cost-effective, user-friendly solutions will be key to unlocking the market's full potential and catering to a broader range of clients.
Europe Machine Vision Systems Industry Segmentation
-
1. Component
-
1.1. Hardware
- 1.1.1. Vision Systems
- 1.1.2. Cameras
- 1.1.3. Optics and Illumination Systems
- 1.1.4. Frame Grabber
- 1.1.5. Other Types of Hardware
- 1.2. Software
-
1.1. Hardware
-
2. Product
- 2.1. PC-based
- 2.2. Smart Camera-based
-
3. End-User Industry
- 3.1. Food and Beverage
- 3.2. Healthcare and Pharmaceutical
- 3.3. Logistic and Retail
- 3.4. Automotive
- 3.5. Electronics and Semiconductors
- 3.6. Other End-user Industries
Europe Machine Vision Systems Industry Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Machine Vision Systems Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Need for Quality Inspection and Automation; Rising Demand for Accurate Defect Detection
- 3.3. Market Restrains
- 3.3.1. Scarcity of Flexible Machine Vision Solutions
- 3.4. Market Trends
- 3.4.1. Automotive Industry to Witness Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Component
- 5.1.1. Hardware
- 5.1.1.1. Vision Systems
- 5.1.1.2. Cameras
- 5.1.1.3. Optics and Illumination Systems
- 5.1.1.4. Frame Grabber
- 5.1.1.5. Other Types of Hardware
- 5.1.2. Software
- 5.1.1. Hardware
- 5.2. Market Analysis, Insights and Forecast - by Product
- 5.2.1. PC-based
- 5.2.2. Smart Camera-based
- 5.3. Market Analysis, Insights and Forecast - by End-User Industry
- 5.3.1. Food and Beverage
- 5.3.2. Healthcare and Pharmaceutical
- 5.3.3. Logistic and Retail
- 5.3.4. Automotive
- 5.3.5. Electronics and Semiconductors
- 5.3.6. Other End-user Industries
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Component
- 6. Germany Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Machine Vision Systems Industry Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Keyence Corporation
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 IDS Imaging Development Systems GmbH
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 National Instruments Corporation
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Cognex Corporation
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Omron Corporation
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Uss Vision Inc
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Perceptron Inc
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Teledyne DALSA
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Datalogic SpA
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Basler AG
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.1 Keyence Corporation
List of Figures
- Figure 1: Europe Machine Vision Systems Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Machine Vision Systems Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Machine Vision Systems Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Machine Vision Systems Industry Revenue Million Forecast, by Component 2019 & 2032
- Table 4: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Component 2019 & 2032
- Table 5: Europe Machine Vision Systems Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 6: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Product 2019 & 2032
- Table 7: Europe Machine Vision Systems Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 8: Europe Machine Vision Systems Industry Volume K Unit Forecast, by End-User Industry 2019 & 2032
- Table 9: Europe Machine Vision Systems Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Region 2019 & 2032
- Table 11: Europe Machine Vision Systems Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: France Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: France Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Sweden Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 27: Europe Machine Vision Systems Industry Revenue Million Forecast, by Component 2019 & 2032
- Table 28: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Component 2019 & 2032
- Table 29: Europe Machine Vision Systems Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 30: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Product 2019 & 2032
- Table 31: Europe Machine Vision Systems Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 32: Europe Machine Vision Systems Industry Volume K Unit Forecast, by End-User Industry 2019 & 2032
- Table 33: Europe Machine Vision Systems Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Europe Machine Vision Systems Industry Volume K Unit Forecast, by Country 2019 & 2032
- Table 35: United Kingdom Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: United Kingdom Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Germany Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Germany Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: France Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Italy Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Italy Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Spain Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Spain Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Netherlands Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Netherlands Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Belgium Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Belgium Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Sweden Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Sweden Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Norway Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Norway Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Poland Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Poland Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Denmark Europe Machine Vision Systems Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Denmark Europe Machine Vision Systems Industry Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Machine Vision Systems Industry?
The projected CAGR is approximately 7.50%.
2. Which companies are prominent players in the Europe Machine Vision Systems Industry?
Key companies in the market include Keyence Corporation, IDS Imaging Development Systems GmbH, National Instruments Corporation, Cognex Corporation, Omron Corporation, Uss Vision Inc, Perceptron Inc, Teledyne DALSA, Datalogic SpA, Basler AG.
3. What are the main segments of the Europe Machine Vision Systems Industry?
The market segments include Component, Product, End-User Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Need for Quality Inspection and Automation; Rising Demand for Accurate Defect Detection.
6. What are the notable trends driving market growth?
Automotive Industry to Witness Significant Growth.
7. Are there any restraints impacting market growth?
Scarcity of Flexible Machine Vision Solutions.
8. Can you provide examples of recent developments in the market?
September 2020 - Omron introduced a new FH Series Vision system, which includes the industry's first defect detection AI technology, which detects defects without learning samples. The artificial intelligence technology, which attempts to simulate sensibility and skilled inspector techniques, reliably detects previously complex defects, automating human vision-based visual inspection.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Machine Vision Systems Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Machine Vision Systems Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Machine Vision Systems Industry?
To stay informed about further developments, trends, and reports in the Europe Machine Vision Systems Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence