Press release
Industrial Machine Vision Market 2019 Analysis May Set New Growth Story, Forecast to 2025
The global machine vision market size was valued at USD 9.6 billion in 2020 and is expected to reach USD 13 billion in 2025. It is expected to grow at a CAGR of 6.1% over the forecast period. With the COVID-19 crisis, the world is witnessing a health and economic pandemic. This led many companies to shut down manufacturing plants and shut down most operations. The main driver of the machine vision market is the increasing demand for quality inspection and automation. Other drivers include the rapid growth of the use of industrial robots for automation in the automotive and home appliance sectors. The market penetration of the Machine Vision market is analysed in both pre and post COVID-19 scenarios.A full report of Industrial Machine Vision Market is available at: https://www.orionmarketreports.com/machine-vision-system-market/42630/
Key Market Players
The key market players in the market are Cognex Corporation (US), Basler AG (Germany), Omron Corporation (Japan), Keyence (Japan), National Instruments (US), Sony Corporation (Japan), Teledyne Technologies (US), TKH Group (The Netherlands),Texas Instruments (US), Intel Corporation (US), ISRA Vision (Germany), Sick AG (Germany) and FLIR Systems (US).
These players are increasingly undertaking product launches, acquisitions, partnerships, and agreements to develop and introduce new machine vision solutions in the market.
Segmentation: Global Machine Vision Market
By Component
• Camera
• Frame Grabber
• Optics
• LED Lighting
• Processor
• Software Tools
• Deep learning
By Product
• PC-based Machine Vision Systems
• Smart Camera-based Vision Systems
By End-User
• Automotive
• Glass
• Metal
• Wood
• Pharmaceutical and Cosmetics
• Semiconductor
• Electrical/Electronic
• Rubber and Plastic
• Medical Devices
• Printing
• Food and Beverage
• Others
By Application
• Identification
• Positioning & Guidance
• Measurement
• Quality Assurance & Inspection
• Character Recognition
• Symbol Reading Part Recognition
• Others
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Industrial Machine Vision Market Report
• What was the Industrial Machine Vision Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Industrial Machine Vision Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Industrial Machine Vision Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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