Global industrial machine vision market is estimated to reach USD 44.2 billion by 2026, registering a substantial CAGR of 9.4% in the forecast period of 2019-2026 due to rising demand for quality inspection, increasing need for specific machine vision systems migration towards 3D-based machine vision systems and rising number of applications in various industrial sectors.
Industrial machine vision research report takes into consideration several industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. The estimations of CAGR values are quite essential which helps businesses decide upon the investment value over the time period. The market insights and analysis about semiconductors&electronics industry, performed in this industrial machine vision market research report are based upon SWOT analysis on which businesses can depend confidently. Thus, the report aids to concentrate on the more important aspects of the market.
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Few of the major competitors currently working in global industrial machine vision market are Cognex Corporation, Basler AG, Omron Corporation, Keyence Corporation, National Instruments, Sony Corporation, Teledyne Technologies, Inc., Allied Vision Technologies GmbH, Texas Instruments Inc., Intel Corporation, Baumer Optronic GmbH, JAI A/S, MVTec Software GmbH, Tordivel AS, ISRA VISION, Sick, FLIR Systems, Inc., AMETEK.Inc, Qualitas Technologies Pvt Ltd, SUALAB, Cadence Design Systems, Inc., CEVA, Inc., Inuitive and others.
Competitive Analysis: Global Industrial Machine Vision Market
Global industrial machine vision market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial machine vision market for Global, Europe, North America, Asia Pacific and South America.
Market Drivers:
Rising demand for quality inspection
Increasing need for specific machine vision systems migration towards 3D-based machine vision systems
Rising number of applications in various industrial sectors
Market Restraints:
Absence of flexible machine vision solutions
Unpredictable end-user needs is restraining the market growth
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
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Segmentation: Global Industrial 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
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market
In November 2018, new Multi-Spectrum Vision System CV-X Series was launched by the Keyence. The new device offers flexibility in terms of color control and synchronising light.
In July 2018, Launch of FHV7-series Smart Camera combined with illumination and image processing functionality was announced by the OMRON Corporation.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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