Global Machine Vision Market Analysis & Forecast Research Report 2014-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 16, 2018--The “Machine Vision Market Analysis Report By Offering, By Application (Quality Assurance, Measurement, Identification), By Product (PC-based, Smart Camera-based), By End Use, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global machine vision market size is expected to reach USD 18.24 billion by 2025 at a 7.7% CAGR during the forecast period
The ability of machine vision systems to process massive amounts of information in a just a few seconds is a major factor driving the market. The quick processing ability of machine vision systems is paving the way for manufacturers to achieve new milestones in manufacturing products with negligible defects. Moreover, increasing adoption of robots across industrial sectors is leading to application of vision-guided robotic systems. Industrial verticals, such as automotive, pharmaceutical, packaging, and food and beverage are prominent sectors where robotic systems are used, eventually fueling demand for machine vision systems.
Machine vision technology encompasses various components in order to capture images of products to analyze them, depending on different parameters of quality and safety. The technology is a combination of software and hardware, which provides operational control to devices to execute functions such as capturing and processing of images and measuring various characteristics required for decision making. Major components of the system include lighting, lens, image sensors, vision processing, and communication devices. Machine vision systems assist in resolving complicated industrial tasks with reliability.
Industrial machine vision systems are usually more robust and demand high reliability, stability, and accuracy as compared to those used in institutional or educational applications. They cost lesser than systems used in military, aerospace, defense, and government applications. These factors are expected to lead to greater adaptability of the technology in industrial sectors. In addition, robotic vision systems used across these industries are leading to increasing adoption of the technology, thereby strengthening the overall market.
The technology has proven to be of key importance in the area of manufacturing and quality control, owing to rising need for quality inspection and production. In addition, growing automation in industrial segments is facilitating the growth of the market at a considerable rate.
The technology has been witnessing extensive developments and innovative upgrades since its emergence. Several factors, such as inception of the technology and increasing need for quality products, are influencing market growth. Furthermore, machine vision systems are gaining traction in medical and healthcare applications in recent times. Analysis of medical images and robotic applications for carrying various medical activities are key roles of the technology in these sectors.
Key Topics Covered:
Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources
Chapter 2 Executive Summary 2.1 Industry snapshot, 2014 - 2025 2.2 Key segment trends & buying criteria, 2014 - 2025
Chapter 3 Industry Outlook 3.1 Market Segmentation & Scope 3.2 Machine Vision-Value Chain Analysis 3.3 Market Dynamics 3.3.1 Market driver analysis 22.214.171.124 Increased quality and productivity 126.96.36.199 Benefiting the manufacturers and industrialists by driving down production costs 188.8.131.52 Implementation of advanced technologies by manufacturer (3D Machine vision and others) 184.108.40.206 Growing popularity of the machine vision in different verticals 3.3.2 Market restraint analysis 220.127.116.11 Lack of skilled labour and inconsistency in the end-user requirements/demands 3.4 Key Opportunities Prioritized-2017 3.5 Industry Analysis-Porter’s 3.6 Machine Vision-PEST Analysis
Chapter 4 Machine Vision Market: Offering Estimates & Trend Analysis 4.1 Machine Vision Market: Offering Movement Analysis 4.1.1 Hardware 4.1.2 Software
Chapter 5 Machine Vision Market: Product Estimates & Trend Analysis 5.1 Machine Vision Market: Product Movement Analysis 5.1.1 PC Based 5.1.2 Smart Camera Based
Chapter 6 Machine Vision Market: Application Estimates & Trend Analysis 6.1 Machine Vision Market: Application Movement Analysis 6.1.1 Quality Assurance & Inspection 6.1.2 Positioning & Guidance 6.1.3 Measurement 6.1.4 Identification
Chapter 7 Machine Vision Market: End-Use Industry Estimates & Trend Analysis 7.1 Machine Vision Market: End-Use Industry Movement Analysis 7.1.1 Automotive 7.1.2 Pharmaceuticals & Chemicals 7.1.3 Electronics & Semiconductor 7.1.4 Pulp & Paper 7.1.5 Printing & Labeling 7.1.6 Food & Beverage (Packaging and Bottling) 7.1.7 Glass & Metal 7.1.8 Postal & Logistics 7.1.9 Others (Agriculture, Security & Surveillance, Rubber, Plastics, Solar Paneling, Machinery, and Others)
Chapter 8 Machine Vision Market: Regional Estimates Forecasts & Trend Analysis
Chapter 9 Competitive LandscapeAllied Vision Technologies GmbH (A subsidiary of TKH Group NV) Basler AG Cognex Corporation Keyence Corporation LMI Technologies, Inc. (A subsidiary of TKH Group NV) Microscan Systems, Inc. National Instruments Corporation OMRON Corporation Sick AG Tordivel AS
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Related Topics:Industrial Automation
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SOURCE: Research and Markets
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PUB: 11/16/2018 07:56 AM/DISC: 11/16/2018 07:55 AM