Articles
Global Machine Vision Market By Deployment and by Region
by Oliver Smith Sr. SEO ExecutiveThe GMI Research envisages an
increasing demand in the Machine Vision Market over the forecast period. This
is because of their assistance to enhance quality and certify safe examination,
packaging as well as imparting personalized point and click interface to
decrease the need of labor training.
Introduction of the Machine Vision
Market
Machine vision (MV) refers to the
technology used to offer imaging-based automatic examination and interpretation
for applications, such as robot guidance, process control, and automotive inspection.
The technology has the potential to detect objects without contemplating the
position of the object.
Key Players of Market:
- Basler AG
- Cognex Corporation
- Omron Corporation
- Keyence Corporation
- National Instruments Corporation
- Teledyne Technologies, Inc.
- Texas Instruments, Inc.
- Sony Corporation
- Allied Vision Technologies GmbH
- Baumer Optronic GmbH
- Jai A/S
- Intel Corporation
Machine Vision Market Dynamics
The factors compounding the
growth of the global machine
vision market include the growing demand for examination and quality
certitude, the augmenting requirement for vision-guided robotic systems, and
the increasing production of electric and hybrid cars. In addition, the
accelerating penetration of machine vision systems and robust demand to reduce
human interference across several end-use industry verticals to sustain quality
is further strengthening the market size.
Furthermore, the accelerating
number of government initiatives to encourage industrialization and the
espousal of industry 4.0, as well as the drift towards compact product design,
has further compelled the market growth. Besides this, the incorporation and
technological developments in imaging technology, such as deep learning, vision
processing unit, machine learning, hybrid sensor, advanced 360-degree camera,
and hyperspectral imaging, and the developing demand for artificial
intelligence pave the way for market growth. However, the insufficient
adjustable machine vision solutions and the notable changes in the end-user
needs hinder the machine vision market growth.
Application Segment Drivers
The identification segment is
anticipated to witness a higher Compound Annual Growth Rate over the forecast
period. This is because of its more diverse application for safety purposes in
traffic supervision, camera supervision, identifying number plates, and other
applications. Also, the increasing implementation of machine vision technology,
primarily in the packaging industry, to scan and identify labels, texts, and
barcodes are further impelling the machine vision market growth.
Geographical Drivers
Based on the regional analysis,
Asia-pacific is predicted to dominate the market over the coming years. APAC
region is regarded as a production hub offering huge growth opportunities for
the machine vision market. For example, China is accounted as a perfect destination
for manufacturing units, such as electronics and automotive. Thus, all these
factors, along with the rigorous demand for mechanization across various
industries, will further pave the way for market growth.
Machine Vision Market Segmentation:
Segmentation by Deployment
·
General machine vision system
·
Robotic cell
Global Machine Vision Market by Offering
·
Hardware
o
Camera
o
Interface Standards
o
Camera Link
o
Gige
o
USB 3.0
o
Coaxpress
o
Others
o
Imaging Spectrum
o
Visible
o
Visible +IR/IR
o
By Frame Rate
o
<25 FPS
o
25–125 FPS
o
>125 FPS
o
By Format
o
Line Scan
o
Area Scan
o
By Sensor Type
o
CMOS
o
CCD
o
Frame GrABBer
o
Optics
o
LED Lighting
o
Processor
o
FPGA
o
DSP
o
Microcontroller and Microprocessor
·
Software
o
Application-Specific
o
Deep Learning Software
Segmentation by Product
·
PC-Based Machine Vision Systems
·
Smart Camera-Based Vision Systems
Segmentation by Application
·
Quality Assurance & Inspection
·
Positioning and Guidance
·
Measurement
·
Identification
·
Predictive Maintenance
Segmentation by End-user Industry
·
Automotive
·
Electronics & Semiconductor
·
Consumer Electronics
·
Glass
·
Metals
·
Wood & Paper
·
Pharmaceutical
·
Food & Packaging
·
Rubber and Plastic
·
Printing
·
Machinery/Equipment
·
Solar Panel Manufacturing
·
Textile
Segmentation by Region:
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
RoW
o
UAE
o
Brazil
o
South Africa
o
Saudi Arabia
About
GMI Research
A market research and consulting
organization, GMI, provides insights and research reports to various
enterprises. The detailed reports serve as a helping hand for clients to
formulate viable business policies and achieve long term growth. The large team
of analysts and industry experts provides an all-inclusive solution including a
précised forecast, factors impacting the market growth, market restraints,
share, size, and other aspects to acknowledge them with the approaching
challenges.
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About Oliver Smith 
Sr. SEO Executive
1,015 connections, 47 recommendations, 2,601 honor points.Joined APSense since, July 20th, 2020, From Gurgaon, India.
Created on Sep 16th 2021 03:50. Viewed 259 times.
