Global Industrial Machine Vision Market

Global Industrial Machine Vision Market is expected to reach USD 16.88 Billion by 2026 from USD 7.25 Billion in 2016 at a CAGR of 7.71 %. The Global Industrial Machine Vision Market based on a component has been segmented into hardware and software. A software component is expected to form one of the major contributors to the market. Based on the product, the market is segmented PC-based and smart camera-based product. The PC-based industrial machine vision product is expected to form one of the major contributors to the market during the forecast period. The pc-based machine vision system is the oldest form of an industrial machine vision system. Based on vertical, the market is segmented into automotive, consumer electronics, electronics & semiconductor, printing, metals, wood & paper, food & packaging, rubber & plastics, pharmaceuticals, glass, machinery and solar panel manufacturing. Food and packaging formed one of the major contributors to the market growth. Machine vision has used for specific applications for grading, portioning, sorting, processing and quality checking during processing and packaging.

Research Methodology Bloomberg, Factiva and Hoovers are some of the sites that are being referred to gain insights about Global Industrial Machine Vision Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Industrial Machine Vision Market globally.Global Industrial machine vision market consists of key players such as: • Cognex (US) • OMRON (Japan) • KEYENCE Corporation (Japan) • Basler (Germany) • National Instruments (US) • Teledyne Technologies (US) • Sony (Japan) • Texas Instruments (US) • Intel (US) • Baumer Optronic (Germany) Key Target Audience • Semiconductor product designers and fabricators • Providers of industrial machine vision-related components and solutions • Developers of industrial machine vision-related applications • Technology standard organizations, forums, alliances and associations • Technology investors • Universities and research organizations • Government bodiesYears considered to estimate the market size of the Industrial Machine Vision market have been mentioned below: • Base year-2016 • Estimated year-2017 • Forecast year- 2017 to 2026 The scope of the Global Industrial Machine Vision Market This research report segments the Industrial Machine Vision market based on component, product, application, vertical and geography. Global Industrial Machine Vision Market, By Component: • Hardware • Camera • Processor • Optics • Frame Grabber • LED Lighting • Others • Software • Deep Learning • Application Specific Global Industrial Machine Vision Market, By Product: • PC-Based vision system • Smart Camera-Based vision system Global Industrial Machine Vision Market, By Application: • Quality Assurance and Inspection • Positioning and Guidance • Measurement • Identification Global Industrial Machine Vision Market, By Vertical: • Automotive • Consumer Electronics • Electronics & Semiconductor • Printing • Metals • Wood & Paper • Food & Packaging • Rubber & Plastics • Pharmaceuticals • Glass • Machinery • Solar Panel Manufacturing

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