(IT-NEWSWIRE.COM, March 13, 2018 ) The machine vision technology analyzes and inspects images through various machine vision software, hardware, and accessories. This technology includes four processes - identification, guidance, measurement, and inspection. The machine vision technology captures an image; transfers it to the processor; reports it to the processor system for inspection; and then provides the processed results to take action accordingly. The global machine vision market encompasses cameras; vision systems; and others which consists of accessories such as optics, sensors, lighting, frame-grabbers, and cables, which work as supports for the machine vision technology.
Publisher's analysts forecast the global machine vision market to grow at a CAGR of 8.92% during the period 2017-2021.
The increasing demand for machine vision systems from the automotive industry will drive the growth prospects for the global machine vision market during the projected period. Automotive industry majorly uses machine vision systems in various applications such as primary inspection and guiding robots because they enhance the rate of production, quality of the product, and the cost-effectiveness for manufacturers.
Market driver -Increasing demand for machine vision systems from automotive industry.
Market challenge -Developing smart cameras at lower price.
Market trend -Incorporation of thermal inspection in machine vision systems.
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles