Latest Development : Global Machine Vision Market Will Expand At A CAGR Of 8.92% During The Period 2017-2021

Albany, NY, 25th June : Recent research and the current scenario as well as future market potential of "Global Machine Vision Market 2017-2021" globally.

The machine vision technology analyzes and inspects images through various machine vision software, hardware, and accessories. This technology includes four processes - identification, guidance, measurement, and inspection.

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The machine vision technology captures an image; transfers it to the processor; reports it to the processor system for inspection; and then provides the processed results to take action accordingly. The global machine vision market encompasses cameras; vision systems; and others which consists of accessories such as optics, sensors, lighting, frame-grabbers, and cables, which work as supports for the machine vision technology.

Technavios analysts forecast the global machine vision market to grow at a CAGR of 8.92% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global machine vision market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Machine Vision Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Cognex Corporation
Basler
Teledyne DALSA
OMRON
Keyence

Other prominent vendors
Datalogic
Edmund Optics
Allied Vision Technologies

Market driver
Increasing demand for machine vision systems from automotive industry.
For a full, detailed list, view our report

Market challenge
Developing smart cameras at lower price.
For a full, detailed list, view our report

Market trend
Incorporation of thermal inspection in machine vision systems.
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-machine-vision-market-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.