Machine Vision Market Forecasted to Surge at more than 8 % CAGR During Forecast 2018 – 2025 with Global Companies like Basler AG, Cognex Corporation, Keyence Corporation, LMI Technologies, Microscan System

Global Machine Vision Market Size Study, by Product (PC Based, Smart camera based) by Application (Quality & Inspection, Positioning & Guidance, Measurement, Identification) by Regional Forecasts 2017-2025

Machine Vision Market Forecasted to Surge at more than 8 % CAGR During Forecast 2018 – 2025 with Global Companies like Basler AG, Cognex Corporation, Keyence Corporation, LMI Technologies, Microscan System

Machine Vision Market is Expanding Base of the Technology's Applications: Industry Analysis 2025

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This report provides in depth study of “Machine Vision Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Machine Vision Market report also provides an in-depth survey of key players in the market organization.

Global Machine Vision Market Overview:

As per the projections of the Market Analyst, Machine Vision Market valued approximately USD 8.5 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 8 % over the forecast period 2017-2025.

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Machine vision includes the ability of a computer to inspect, observe, and scrutinize the work presentation by engaging one or more video cameras, and analog to digital conversion and digital signal processing. Machine vision helps in supervising work environments. It provides features such as robotic guidance, process control, and automatic inspection in industrial applications. Manufacturing and production activities are becoming complicated, creating difficulties and rising unreliability for the human to deeply detect, observe, and inspect production activities.

The machine vision market is growing due to growing requirements for quality inspection and surge in demand for vision-guided robotic systems in food and packaging, pharmaceutical, automotive, and industrial sectors and automation across verticals, and increasing demand for application particular for machine vision systems. However different requirements of end users are major factor restraining the growth of the market.

On the Basis of Product Segment, Smart camera-based machine vision systems are cost-effective, compact, and flexible as it is easier to implement changes in these systems based on revised regulations and standards. Unlike PC-based systems, smart camera-based machine vision systems are used in applications such as decoding algorithms, ID code reading, marking quality assessment, verifying text, and inspecting labels more economically.

Regionally, Machine vision has a growing demand in Asia Pacific owing to the increasing focus of the region toward the automotive, consumer electronics, and pharmacy industries. In this study, the market in Asia Pacific has been further segmented into India, China, Japan, South Korea, and Rest of Asia Pacific. Asia Pacific is considered as the major manufacturing hub owing to the presence of a large number of contract manufacturers in this region.

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The market is segmented and projected on the basis of major key player’s:

Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

1 Allied Vision Technologies GmbH

2 Basler AG

3 Cognex Corporation

4 Keyence Corporation

5 LMI Technologies

6 Microscan System, Inc

7 National Instruments Corporation

8 OMRON Corporation

9 Sick AG

10 Tordivel AS

The Global Machine Vision Market is segmented into:

Product Segmentation:

1 PC based

2 Smart camera based

Application Segmentation

1 Quality & Inspection

2 Positioning & Guidance

3 Measurement

4 Identification

Regions Segmentation:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Rest of the world

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Key Questions Answered in this Report:

1 What will the market size be in 2025?

2 What are the key factors driving the Machine Vision Market?

3 What are the challenges to market growth?

4 Who are the key players in Machine Vision Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Global Machine Vision Market Definition and Scope

2 Research Methodology

3 Executive Summary

4 Machine Vision Market Dynamics

5 Global Machine Vision Market, by Product

6 Global Machine Vision Market, by Application

7 Global Machine Vision Market, by Regional Analysis

8 Competitive Intelligence

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