Machine Vision is an automated technology with a camera along with an image sensor to capture images, vision software to analyse it and information is communicated to a PC. The captured images are then processed for inspection. Globally, rising usage of 3d machine vision systems, growing need for automation and quality inspection, growing factory wages and increase in profit margins, and increasing usage in Unmanned Aerial Vehicle (UAV) Drones are the prime growth drivers of Machine Vision Market. In addition, development of technologies to create high value machine vision system and increase in adoption of machine vision in emerging economies such as China, India and others, will create new opportunities for Machine Vision Market. However, higher cost of the research and development, complex manufacturing and integration of machine vision system, and lack of consumer awareness are the key restraints for Machine Vision Market.
Geographically Asia Pacific dominated Machine Vision Market because of rapidly growing manufacturing facilities and increasing industrial base, increasing population, changing lifestyles of customers, rising incomes, purchasing power, rise in consumer awareness, and favourable government policies in developing nations such as China, and India in this region. Among all the application, identification has the highest market share in Machine Vision Market.
This report identifies the Machine Vision Market size in for the year 2015-2017, and forecast of the same for year 2025. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to Machine Vision Market.
This report segments Machine Vision Market on the basis of type, application, and regional market as follows:
- Machine Vision Market, By Component: Hardware (Camera, Frame GrABBer, Optics, Led Lighting, & Processor), & Software (Application Specific, & Deep Learning Software)
- Machine Vision Market, By Product: PC-Based Machine Vision System, and Smart Camera-Based Vision System
- Machine Vision Market, By Application: Quality Assurance & Inspection, Positioning and Guidance, Measurement, & Identification
- This report has been further segmented into end-user industry such as: Automotive, Electronics and Semiconductor, Consumer Electronics, Glass, Metals, Wood and Paper, Pharmaceutical, Food and Packaging, Rubber and Plastic, Printing, Machinery, Solar Panel Manufacturing, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies Profiled in this Report are:
- Cognex Corporation
- Basler AG
- Omron Corporation
- National Instruments Corporation
- Keyence Corporation