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Machine vision is a technology that helps the computer to visualize the work environment. This technology is used to automatically inspect the images it captures and analyze them. It helps in robot guidance, process control, and automatic inspection in the industry.
This technology is rapidly replacing manual inspection and measurements with image processing and smart cameras. These smart cameras independently run and function without depending upon the computers. Furthermore, adoption of machine vision system in industrial and non-industrial sectors is expected to escalate the demand and growth of this market.
Market Analysis and Insights: Global Machine Vision Technology Market
The global Machine Vision Technology market size is projected to reach US$ 26020 million by 2027, from US$ 18720 million in 2020, at a CAGR of 4.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Machine Vision Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Machine Vision Technology market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Machine Vision Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Machine Vision Technology market.
Global Machine Vision Technology Scope and Market Size
Machine Vision Technology market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Machine Vision Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
PC Based Machine Vision Technology
Embedded Machine Vision Technology
Smart Cameras Based Machine Vision Technology
Segment by Application
Industrial Applications
Non-Industrial Applications
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Allied Vision Technologies
Basler
Adept Technology
Cognex
Keyence
ISRA Vision
Microscan Systems
Electro Scientific Industries
OMRON
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