Press Release

The global machine vision systems market accounted for US$ 9.11 Bn in 2018 and is expected to grow at a CAGR of 7.5% during the forecast period 2019 – 2027, to reach US$ 17.57 Bn by 2027.

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With the increasing adoption of machine vision systems in various industrial verticals for production automation, the demand for machine vision technology is likely to increase in the coming years. The machine vision systems help in identifying defects that are difficult to inspect and visualize by humans. The functions performed by machine vision systems include surface defects, missing features, assembly errors, and detection of damaged parts. Machine vision also helps in aligning the parts for high accuracy in assembly operations.

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Global Machine Vision Systems Market – By Type

1.3.2        Global Machine Vision Systems Market – By Component

1.3.3        Global Machine Vision Systems Market – By Interface

1.3.4        Global Machine Vision Systems Market – By End-User

1.3.5        Global Machine Vision Systems Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Machine Vision Systems Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America – PEST Analysis

4.2.2        Europe – PEST Analysis

4.2.3        Asia-Pacific – PEST Analysis

4.2.4        Middle East & Africa – PEST Analysis

4.2.5        South America– PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             Machine Vision Systems Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Government initiatives worldwide to support the growth of manufacturing sector

5.1.2        Growing demand for high-quality product inspection and high production output in manufacturing industry

5.1.3        Increasing demand for cost-effective vision inspection technology

5.2       Key Market Restraints

5.2.1        High labor costs may restrain the growth

5.2.2        Complicated end-user requirements and lack of standardization

5.3       Key Market Opportunities

5.3.1        Emergence of Industrial IoT (IIoT)

5.3.2        Growing trend of factory automation across the world

5.4       Future Trends

5.4.1        Rising technologies and trends in the machine vision market

5.4.2        Adoption of machine vision in non-industrial sector

5.4.3        Stringent regulations in pharmaceutical industry

5.5       Impact Analysis of Drivers and Restraints

Global Machine Vision Systems Market – Company Profiles

  • Basler AG
  • Cognex Corporation
  • Datalogic S.p.A
  • FLIR Systems, Inc.
  • IDS Imaging Development Systems GmbH
  • Keyence Corporation
  • OmniVision Technologies, Inc.
  • Omron Microscan Systems, Inc.
  • Teledyne Technologies Incorporated

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This post was originally published on The Picayune Current