Increasing Need for Security Inspection contributes to Global Machine Vision Market Growth

Increasing Need for Security Inspection contributes to Global Machine Vision Market Growth
The Global Machine Vision Market
According to a new market research report launched by Inkwood Research, the Global Machine Vision Market is evaluated to reach $19.39 billion by 2028, projecting a CAGR of 8.15%, during the forecasted years 2021-2028.

Browse across 67 market data Tables and 57 Figures spread over 190 Pages, along with in-depth analysis on Global Machine Vision Market by Type, Components, Application, End-User & Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Machine Vision Market Scenario

Machine vision is the ability of a computer to see, wherein one or more video cameras, digital signal processing (DSP), and analog-to-digital conversion (ADC) are employed. It is identical to voice recognition with regard to complexity.

Quality plays a central role in this competitive world. The quality of products and consumer relations thus becomes a vital factor contributing to the business’ growth. As a result, regulations and rules have become stringent to ensure the required quality levels.

Also, consumers are increasingly aware, and therefore, prioritize quality. Therefore, proper defect detection is important to avoid mistakes, thereby enabling the adoption of monitoring machine vision systems. Moreover, these systems offer consumers component measurement and feedback data about process capability and product quality.

However, the lack of awareness and standardization challenges market growth. The former is majorly attributed to the less knowledge about machine vision technology and its advantages, also leading to trust issues. 

The Global Machine Vision Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Machine Vision Market by Type, Components, Application, End-User & Geography: https://inkwoodresearch.com/reports/machine-vision-market/#request-free-sample

Market Segmentation

Market by Components

  • Software
  • Hardware
    • ASMV
    • Cameras
    • Processors
    • Illuminations
    • Sensors
    • Other Hardware Components

Market by Application

  • Inspection
  • Guidance
  • Identification
  • Gauging
  • Other Applications

Market by Type

  • 2D Machine Vision
  • 3D Machine Vision
  • 1D Machine Vision

Market by End-User

  • Electronics & Semiconductors
  • Automotive
  • Healthcare
  • Food & Packaging
  • Other End-Users

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028

Companies Profiled

  • TELEDYNE TECHNOLOGIES INC
  • NATIONAL INSTRUMENTS CORPORATION
  • OPTOTUNE AG
  • ALLIED VISION TECHNOLOGIES GMBH
  • DATALOGIC SPA
  • KEYENCE CORPORATION
  • JAI A/S
  • BAUMER OPTRONIC GMBH
  • PERCEPTRON INC
  • USS VISION INC
  • BASLER AG
  • FLIR SYSTEM
  • OMRON CORPORATION
  • COGNEX CORPORATION
  • MICROSCAN SYSTEMS INC

 

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