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Machine Vision Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026
The Global Machine Vision Market Report by The Business Research Company covers the market drivers, size, major players and the impact of COVID-19 on the market
LONDON, GREATER LONDON, UK, May 23, 2022 /EINPresswire.com / -- According to 'Machine Vision Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026' published by The Business Research Company, the machine vision market size is expected to grow to $18.5 billion in 2026 at a CAGR of 8.2%. The growing need for quality inspection and automation is expected to propel the machine vision market growth over the coming years.
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The machine vision market consists of sales of machine vision devices, software, and services by entities (organizations, sole traders, and partnerships) that allow a computer to examine, analyze, and identify static or moving images. Machine vision systems are a set of connected devices which are designed to automatically direct production and manufacturing procedures such as go/no assessment and quality control processes using information retrieved from digital images.
Global Machine Vision Market Trends
The implementation of Artificial intelligence (AI) is a key trend gaining popularity in the machine vision market. Artificial intelligence focuses on learning, reasoning, and self-correction and is processed by machines such as computers. According to the machine vision market analysis, major companies are focused on artificial intelligence-based techniques to strengthen their position. For instance, in February 2020, Basler AG, a Germany-based manufacturer of artificial machine vision equipment systems that identify, control, and monitor manufactured goods during production, launched a new fully integrated development AI Vision Solution Kit with cloud connectivity, allowing AI-based IoT applications to run on an optimized vision system and access cloud services. It significantly minimizes the need for specialist knowledge of embedded hardware and software technology, as well as the complexity of the system.
Global Machine Vision Market Segments
The global machine vision market is segmented:
By Product: PC Based, Smart Camera Based
By Offering: Hardware, Software, Service
By Deployment Type: General Machine Vision System, Robotic Cell
By Application: Quality Assurance and Inspection, Positioning and Guidance, Measurement, Identification, Predictive Maintenance
By End-Use Industry: Automotive, Pharmaceuticals and Chemicals, Electronics and Semiconductor, Pulp and Paper, Printing and Labeling, Food and Beverage, Postal and Logistics, Others
By Geography: The global machine vision market research report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Global Machine Vision Market Report Here
Machine Vision Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides machine vision market overviews, analyzes and forecasts market size and growth for the machine vision global market, machine vision market share, machine vision market segments and geographies, machine vision global market players, machine vision market leading competitor revenues, profiles and market shares. The machine vision global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors' approaches.
TBRC's Machine Vision Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Allied Vision Technologies GmbH, Basler AG, Cognex Corporation, FLIR Systems, Intel Corporation, ISRA Vision, Keyence Corporation, LMI Technologies Inc., Microscan Systems Inc., National Instruments, Omron Corporation, Optotune AG, Sick AG, Sony Corporation, Teledyne Technologies, Texas Instruments, Tordivel AS, USS Vision, ViDi Systems SA, Bosch Rexroth, Euclid Labs, Perception Inc., and Vitronic GmbH.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And So Much More.
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