The global machine vision market to grow at a CAGR of 8.92% during the period 2017-2021.
The report, Global Machine Vision Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is significant cost savings in operation due to process control. Machine vision systems are employed in the initial stage of production. Defective components are immediately removed from the process and are not finished. At times the removed part can be re-introduced into the production process. This saves materials. Defective parts never continue to the subsequent manufacturing phase and therefore incur no further costs.
The integration of machine vision systems in manufacturing units helps manufacturers in reducing the labor cost as well as avoiding the corrective action cost. With the rise in the labor cost in the US and China it is becoming difficult for manufacturers to control the cost that may later affect the competitive strategy of a company. The use of machine vision systems helps in automatic capturing of data as well as reducing defects in products and processes.
Incorporation of thermal inspection in machine vision systems
Requirement from vision guided robots in manufacturing activities
Rise in demand for Industrial Internet of Things
- Advancement in high-speed application
- Cognex Corporation
- Teledyne DALSA
Other prominent vendors
- Edmund Optics
Allied Vision Technologies
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/42t337/global_machine