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Machine Vision Market Detailed Analysis 2020-2025: Cognex Corporation, Basler AG, Omron Corporation, Keyence, National Instruments, Sony Corporation, Teledyne Technologies, Texas Instruments and Others.

07-02-2020 04:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Machine Vision Market Detailed Analysis 2020-2025: Cognex

ReportsnReports adds “Machine Vision Market” to its store. The Report provides in-depth analysis of the Machine Vision Market at global and key country level.

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The Global Machine Vision Market is expected to grow from USD 9.6 Billion in 2020 to USD 13.0 Billion by 2025, at a CAGR of 6.1% during the forecast period.

Top Companies Profiled in the Machine Vision Market:
• Cognex Corporation (US)
• Basler AG (Germany)
• Omron Corporation (Japan)
• Keyence (Japan)
• National Instruments (US)
• Sony Corporation (Japan)
• Teledyne Technologies (US)
• Texas Instruments (US)
• TKH Group (The Netherlands)
• Intel Corporation (US)
• ISRA Vision (Germany)
• Sick AG (Germany) and FLIR Systems (US)

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“Position & guidance to grow at the fastest rate in the machine vision market during the forecast period.”
Position & guidance application enables manufacturers to build multiple products on the same production line and reduces the need for expensive hard tooling to maintain part position during inspection.Also, this application helps to improve the efficiency of production processes by instantaneously detecting the positional relationship between the target and machine tool or table and helps to control the system carefully.

“Automotive industry to hold a major market share in the machine vision market during the forecast period.”
The automotive industry provides several opportunities for the machine vision market. The demand for machine vision systems is increasing in the automotive sector as it provides improved accuracy in critical activities such as bin picking and positioning of parts, such as doors and panels, for assembly.

“APAC held the largest market share in the machine vision market between 2020 and 2025.”
The machine vision market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority.

Competitive Landscape of Machine Vision Market:
1 Overview
2 Market Rank Analysis
3 Competitive Situations And Trends
3.1 Product Launches
3.2 Others
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.2 Dynamic Differentiators
4.3 Innovators
4.4 Emerging Companies
5 Strength Of Product Portfolio
6 Business Strategy Excellence (For All 25 Players)

Research Coverage:
This research report categorizes the global machine vision based on deployment, component, product, application, end-user industry, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the machine vision market and forecasts the same till 2025.

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