openPR Logo
Press release

Industrial Machine Vision Market Research Analysis Showing CAGR of 8.9% Focusing on Component Type, Product, Vertical & Geographical Study 2018

02-20-2018 11:38 AM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Industrial Machine Vision

Industrial Machine Vision

Global Industrial Machine Vision Market is expected to reach USD 35,573.2 million by 2024 from USD 18,001.5 million in 2016, at a CAGR of 8.9%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Also the Global Industrial Machine Vision Market By Component Type (Camera, Frame Grabber, Optics, LED Lighting, Processor, Software Tools), By Product (PC-based Machine Vision Systems, Smart Camera-based Vision Systems), By Vertical (Automotive, Glass, Metal, Wood, Pharmaceutical and Cosmetics, Semiconductor, Electrical/Electronic, Rubber and Plastic, Medical Devices, Printing, Food and Beverage, Others), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)– Industry Trends and Forecast to 2024.

Get Free Sample Research Report: http://bit.ly/2HtnBUC

Market Segmentation: Global Industrial Machine Vision Market
The Global industrial machine vision market is segmented on the basis of component type, product, application and vertical. On the basis of component type, the Global industrial machine vision market is segmented into cameras, frame grabbers, optics, led lighting, software tools and processor In 2017, cameras segment is expected to dominate the Global industrial machine vision market with 72.2% market share and is expected to reach USD 25,991.9 million by 2024, growing with the highest CAGR of 9.1% in the forecast period 2017 to 2024.

On the basis of product the Global industrial machine vision market is segmented into PC-based machine vision systems and smart camera-based vision systems In 2017, PC-based machine vision systems is expected to dominate the Global industrial machine vision market with 77.7% market share and is expected to reach USD 27,111.3 million by 2024, growing with a CAGR of 8.7% in the forecast period 2017 to 2024.

On the basis of application the Global industrial machine vision market is segmented into inspection, measurement, positioning and guidance, symbol reading, character recognition, part recognition and others In 2017, inspection is expected to dominate with 54.8% market share and is expected to reach USD 19,324.2 million by 2024, growing with a CAGR of 8.8% in the forecast period 2017 to 2024.

On the basis of vertical the Global industrial machine vision market is segmented into automotive, electrical/electronics, food and beverage, rubber and plastic, metal, semiconductors, pharmaceuticals and cosmetics, medical devices, printing, glass, wood, others In 2017, automotive is expected to dominate the Global industrial machine vision market with 38.3% market share and is expected to reach USD 13,646.0 million by 2024, growing with a CAGR of 9.0% in the forecast period 2017 to 2024.

Speak to Research Analyst for Further Query: http://bit.ly/2CxTBTZ

The major factors driving the growth of this market are rising demand for quality inspection and increasing need for specific machine vision systems migration towards 3D-based machine vision systems rising number of applications in various industrial sectors On the other hand, absence of flexible machine vision solutions and unpredictable end-user needs hinders the market growth.

Key Drivers: Global Industrial Machine Vision Market

The major factors driving the growth of this market is rising demand for quality inspection and increasing need for specific machine vision systems migration towards 3D-based machine vision systems rising number of applications in various industrial sectors
Absence of flexible machine vision solutions and unpredictable end-user needs may hinder the growth of the market.

Key Points: Industrial Machine Vision Market

• Global industrial machine vision market is dominated Cognex Corporation, followed by Basler AG, Sony among others.
• The global cameras market is expected to reach USD 25,991.9 million by 2024, from USD 12,967.5 million in 2016, growing at the highest CAGR of 9.1%.
• The global inspection market is expected to reach USD 19,324.2 million by 2024, from USD 9,878.2 million in 2016, growing at a CAGR of 8.8%.

Want Full Report? Enquire Here: http://bit.ly/2GwAGeF

Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global Industrial Machine Vision Market, By Application
7. Global Industrial Machine Vision Market, By Component Type
8. Global Industrial Machine Vision Market, By Product
9. Global Industrial Machine Vision Market, By Vertical
10. Global Industrial Machine Vision Market, By Geography
11. Global Industrial Machine Vision Market, Company Landscape
12. Company Profile
For Detailed More ToC of Report: http://bit.ly/2GvN12z

About Us
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us
Vishal Dixit
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sales@databridgemarketresearch.com
http://databridgemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Machine Vision Market Research Analysis Showing CAGR of 8.9% Focusing on Component Type, Product, Vertical & Geographical Study 2018 here

News-ID: 949964 • Views:

More Releases from Data Bridge Market Research

Aquaculture Products Market Size, Share, Trends, Key Drivers, Growth Opportuniti …
Aquaculture Products Market business report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, and gross margin. The data and information collected to generate this top-notch market report has been derived from the trusted sources such as company websites, white papers, journals, and mergers etc. Aquaculture Products Market report includes basic, secondary and advanced information related to the global
Hydrochloric Acid Market Size, Share, Trends, Demand, Future Growth, Challenges …
Data Bridge Market research has recently released expansive research titled Global Hydrochloric Acid Market  guarantees you will remain better informed than your competition.The report is formulated based on the market type, organization size, availability on-premises, the end-users' organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Businesses can accomplish knowledge about complete background analysis of the industry which includes
Electrostatic Disinfectant Sprayer Market Size, Share, Demand, Future Growth, Ch …
Global Electrostatic Disinfectant Sprayer Market report puts light on analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, and applications globally. The study offers a comprehensive analysis of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments. The data and information covered in the Electrostatic Disinfectant Sprayer report are obtained from reliable sources
Paint Protection Film Market Size, Share, Trends, Opportunities, Key Drivers and …
Global Paint Protection Film Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. The latest market data has been presented in the Paint Protection Film market study on the revenue numbers, product details, and sales of the major firms. In addition

All 5 Releases


More Releases for Vision

Machine Vision And Vision Guided Robotics Market Demand Analysis To 2027 Lead By …
The "Machine Vision And Vision Guided Robotics" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Machine Vision And Vision Guided Robotics Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence
Machine Vision And Vision Guided Robotics Market 2021 Business Scenario – Cogn …
Global Machine Vision And Vision Guided Robotics Market Research Report 2021 The report begins with the overview of the Machine Vision And Vision Guided Robotics Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast
Vision Care Market: VISION 2020 Initiative Boosts Stakeholders amid Growing Conc …
According to WHO, vision impairment is one of the major global issues as more than 1 billion people live with near vision or some sort of distance impairment. Getting eyeglasses prescriptions is specifically hard in developing countries given optometrists are located in urban areas and patients from rural areas get deprived of corrective treatment , as a result, people suffer from uncorrected impairments. WHO warns uncorrected impairments could lead to
Global Machine Vision and Vision Guided Robotics Market 2019 - Cognex, Teledyne …
The new market research study on Global Machine Vision and Vision Guided Robotics Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Machine Vision and Vision Guided Robotics market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis
Machine Vision Systems Market 2025 – Global Analysis and Forecast by Type (Sma …
Global Machine Vision Systems market is expected to grow from US$ 8.1billion in 2015 to US$ 15.01 billion by 2025 at a CAGR of 7.0% between 2015 and 2025. 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
Keratoconus Treatment Market Bausch & Lomb Incorporated, CIBA VISION, CooperVisi …
Market research future has a half cooked research report on Global Keratoconus Treatment Market. The market for keratoconus treatment was around USD 322.7 million in 2016 and is expected to reach USD 427.5 million by 2023 which is a projected CAGR of 4.1%. The Global Keratoconus Treatment Market has been evaluated as a rapidly growing market and it is expected to continue growing in the near future. Approximately 3 million people are affected