Most up-to-date research on "Machine Vision Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" to its huge collection of research reports.
Machine vision (MV) is a technology used to provide imaging based automatic analysis and inspection in various industrial applications such as process control, automatic inspection and robot guidance among others. Common machine vision technology applications include sorting, quality assurance, robot guidance, material handling and optical gauging. This technology offers various benefits such as automation of production process, higher production speed and improved product quality. MV technology is being increasingly used to replace manual measurements and inspection with digital cameras and image processing. The deployment of machine vision technology in manufacturing line has increased and is expected to rise due to the development of smart cameras. These smart cameras do not need a computer to run on and are small, durable and easy to configure. Furthermore, enhanced adoption of MV systems in major non-industrial applications such as healthcare and security and surveillance is expected to fuel the growth of this market over the forecast period.
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The machine vision technologies market report contains the global scenario of this market discussing detailed overview and market figures. The research report analyses the industry growth rate, industry capacity, and industry structure. The report analyses the historical data and forecasts the machine vision technologies market size along with key factors driving and restraining the market growth.
The machine vision technologies market can be segmented into products and applications. Depending on the types of products, the machine vision technologies market is segmented into three major categories namely embedded machine vision systems, PC (personal computer) based machine vision systems and smart camera based machine vision systems. On the basis of applications, the machine vision technologies market can be segment into two major categories namely industrial applications and non-industrial applications. Industrial application segment includes automotive, electronics, semiconductors, pharmaceuticals, wood and paper, metals, rubber and plastics, medical devices and others (packaging, printing and glass). Non-industrial application segment includes healthcare, surveillance and security, defense and military, traffic management, and logistics and transportation. The machine vision technologies market across the globe is a multi billion market and is expected to show a significant growth in CAGR, from 2014 to 2020. There is a considerable increase in the machine vision technologies market because MV systems solve problems of industrial inspection and improve accuracy and efficiency in the inspection process.
Some of the key drivers of this market include shifting technological trend from analog to digital systems and increasing adoption of machine vision technologies in new applications such as healthcare, transportation, surveillance and security, which are the biggest revenue generators for machine vision technologies market. The key restraints to this market are lack of standardization and lack of awareness about machine vision technologies among system operators.
Some of the key players in machine vision technologies market include Allied Vision Technologies Inc., Basler AG, Adept Technology Inc., Cognex Corporation, Eastman Kodak, Microscan Systems Inc., BIT Flow Inc., Matrox Inc., Toshiba Teli Corporation, Electro Scientific Industries Inc., ISRA Vision and PPT Vision Inc. among others.
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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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