Machine Vision Market PDF: Industry Overview, Growth Rate and Forecast 2021-26

1. Global Machine Vision Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Machine Vision Market Outlook 2026: According to the latest report by IMARC Group, titled “Machine Vision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global machine vision market reached a value of US$ 10.7 Billion in 2020. Machine vision (MV) is the technology which assists in performing image-based automatic inspections by utilizing video cameras, digital signal processing (DSP) and analog to digital conversion (ADC). There are two main aspects of MV systems, namely, sensitivity and resolution. Sensitivity refers to the machine’s ability of inspecting objects in dim light or detecting weak impulses at invisible wavelengths, while resolution helps in differentiating objects. MV systems are gaining popularity worldwide as they aid in enhancing quality, increasing productivity, reducing equipment cost and lowering production cost.

4. Report Description and Highlights Report Description Global Machine Vision Market Trends: The ongoing trend of product miniaturization has made MV systems indispensable for inspecting measurements and defects in miniature products. These systems can examine details that may be too small for the human vision to detect. These systems avert defective components from reaching the later stages of production by identifying them at earlier stages and subsequently minimizing unnecessary costs. As these robots primarily depend on MV to perform tasks, this trend is anticipated to catalyze the demand for these systems around the world. Looking forward, the market is projected to reach a strong growth during the forecast period (2021- 2026). Request for a free sample report: https://www.imarcgroup.com/machine-vision- market/requestsample

5. Report Description Report Description and Highlights On account of these attributes, MV systems are increasingly being incorporated in manufacturing industries. In line with increasing automation, the adoption of robots is also rising in various industry verticals. Market Summary: Breakup by Product type: • vision systems • cameras and others On account of the aforementioned factors, the market is expected to witness moderate growth during 2021-2026.

6. Report Description Report Description and Highlights Breakup by Application: • Positioning • Identification • Verification • Measurement • Flaw detection and others Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • • • • • • • • • Cognex Corporation Basler AG Omron Corporation National Instruments Corporation Keyence Corporation, Sony Corporation Teledyne Technologies Texas Instruments Allied Vision Technologies GmbH Intel Corporation Baumer Optronic GmbH and Jai A/S View Report TOC, Figures and Tables : https://www.imarcgroup.com/machine-vision-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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