Press release
Machine Vision Systems Market Analysis to 2025 by Top Competitors OmniVision, DataLogic, Microscan Systems, Basler AG, Cognex Corporation, Keyence Corporation, Omron Corporation and National Instruments
Machine Vision Systems Market To Reach US$ 15.01 billion by 2025
Machine Vision Systems market has set the highest growth record in North America in 2014. Whereas, Europe is the major manufacturer and exporter of these systems worldwide. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in automotive sector will pave the path for increasing adoption and propel the market for machine vision systems. The region is expected to lead the market with highest CAGR during the forecast period.
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Latest market study on "Machine Vision Systems to 2025 by Type (Smart Machine Vision Systems, PC-Based Machine Vision Systems and 3D Machine Vision Systems), Components (Cameras, Frame Grabbers, Processors, Illuminations & Optics, Vision Software and Others) and End-users (Automotive, Consumer Electronics, Food & Beverage, Pharmaceuticals, Logistics and Others) - Global Analysis and Forecast?, the machine vision systems market is estimated to reach US$ 14.48 billion by 2025 from US$ 7.50 billion in 2015. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Top Competitors:
- Basler AG
- Cognex Corporation
- Keyence Corporation
- IDS Imaging development Systems
- OmniVision
- DataLogic
- Microscan Systems
- ISRA Vision AG
- Teledyne DALSA Inc.
- FLIR Systems
The Machine Vision Systems market report focuses on an in-depth segmentation of this market based by type, components, and end-users. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. Machine vision and components market is expected to experience significant growth in the coming years due to the increasing demand in industries such as automation, robotics and non-manufacturing which include intelligent transport system, logistics and medical, exhibiting substantial Machine Vision Systems market growth.
Machine Vision Systems are the next generation intelligent systems mainly used in industrial applications for detection, identification, measurement, inspection and so on. These systems play major roles in robotics; these are used to guide the autonomous robots also known as ‘self-navigating robots’. Various industries such as automotive, food & beverage, pharmaceuticals are much concerned about reducing labor intensive processes, increasing accuracy and speed; machine vision systems are in demand to overcome these concerns.
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The report segments the global machine vision systems market as follows:
Global Machine Vision Systems Market - By Types
- Smart Machine Vision Systems
- PC-Based Smart Machine Vision Systems
- 3D Machine Vision Systems
Global Machine Vision Systems Market - By Components
- Cameras
- Frame Grabbers
- Processors
- Illuminations & Optics
- Vision Software
- Others
Global Machine Vision Systems Market - By End-users
- Automotive
- Consumer Electronics
- Food and Beverage
- Pharmaceuticals
- Logistics
- Others
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