DEDHAM, Mass.--(BUSINESS WIRE)--New ARC Advisory Group research on the machine vision market reveals that this has become an essential technology for building smart manufacturing infrastructure. Integrating machine learning (ML) with machine vision drives operational efficiencies, accelerates inspection processes, and increases productivity to a significant degree.
“Machine vision and machine learning technologies can now be deployed cost-effectively in a wide range of applications to enhance industrial automation and enable robust inspection processes. As manufacturers make the transition to the smart connected factory, this will be increasingly critical for both production and quality inspection operations,” according to Anju Ajaykumar, Analyst at ARC Advisory Group and key author of ARC’s Machine Vision Systems Global Market Research report.
“End users are looking to do more with the data they collect from vision solutions. No longer is the data merely used for inspection or gauging and then discarded. Users need not only to identify the best product for an application, but also one that can be easily and completely integrated into the operation,” added Ms. Ajaykumar.
About the Machine Vison Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the machine vision market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.