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Machine Vision Systems and Components Market Analysis: By Type (Smart Camera MV, Embedded MV, PC- Based MV); Functions (Positioning, Identification, Inspection, Measurement,); Industry (Automotive, Semiconductor, Food & Beverages, Pharmaceutical, Manufact

  • 245 pages, published in August 2015
  • By Industry ARC
  • Report Number: 3493372

Summary

Table of Contents

Machine Vision Systems are widely used in different industrial and non-industrial verticals in various applications such as Identification, Verification, Measurement, Inspections, and others. Smart camera systems are one of the turnkey solutions for robotics, these systems are majorly used in robot guidance. Smart cameras have enabled the autonomous robots to freely navigate in industrial environment. The increasing demand for these autonomous robots and other robotic platforms has set demand for machine vision systems and this trend, machine vision systems and components market is expected to grow at a CAGR of 12.6% with total revenue of $8.6 billion by 2021.

In past one decade, there have been enormous improvements in image processing field such as advancements in face recognition, image recognition, object recognition, text extraction from image, hand written text recognition, motion recognition and many more. These advancements will drive the machine vision systems market in coming years by creating new opportunities for applications across different industrial and also non industrial verticals.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


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