Press release
Machine Vision Market is beat to US$ 14430 million | Global Top Companies ( Cognex Corporation Basler Ag, Omron, National Instruments, Keyence, Sony, Intel) | Forecast to 2022
Global Machine Vision Market report explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.Global Machine Vision Technology Market Overview:
According to Market Analyst, The Global Machine Vision Market is projected to grow at a healthy growth rate from 2018 to 2022.
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With the slowdown in world economic growth, the Machine Vision industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Machine Vision market size to maintain the average annual growth rate of 8.19% from 7700 million $ in 2014 to 9750 million $ in 2017, in the next few years, Machine Vision market size will be further expanded by 2022, The market size of the Machine Vision will reach 14430 million $.
The growth of the machine vision market include the increasing demand for automation technologies in emerging countries such as China and India. Recent advancements in machine vision technology, such as advanced cameras, deep learning software, and image sensors, have increased the scope for machine vision systems to be used in a wide range of applications in various industries
Global Machine Vision Market is segmented on the basis of Product Type, Industry and Region.
On the Basis of TProduct Type, 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.
On the Basis of Industry, The growth of the machine vision market for the food and packaging industry can be attributed to the increasing implementation of government rules pertaining to safety in manufacturing plants and rising necessity to identify and combat counterfeit products. The food and packaging industry is experiencing a sharp growth due to the booming e-commerce industry worldwide
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
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Market Players of Global Machine Vision Technology Market:
1 Cognex Corporation
2 Basler Ag
3 Omron Corporation
4 National Instruments Corporation
5 Keyence Corporation
6 Sony Corporation
7 Teledyne Technologies, Inc.
8 Texas Instruments, Inc
9 Allied Vision Technologies Gmbh
10 Intel Corporation
The Market is segmented and projected on the basis of major Region 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 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size be in 2022?
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 the Machine Vision Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Machine Vision Product Definition
2 Global Machine Vision Market Manufacturer Share and Market Overview
3 Manufacturer Machine Vision Business Introduction
4 Global Machine Vision Market Segmentation (Region Level)
5 Global Machine Vision Market Segmentation (Product Type Level)
6 Global Machine Vision Market Segmentation (Industry Level)
7 Global Machine Vision Market Segmentation (Channel Level)
8 Machine Vision Market Forecast 2018-2022
9 Machine Vision Segmentation Product Type
10 Machine Vision Segmentation Industry
11 Machine Vision Cost of Production Analysis
12 Conclusion
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