Press release
Machine Vision Market 2017-2022 Global Leaders: USS Vision, Basler AG, Perceptron, Microscan Systems, National Instruments, Keyence, Omron, Cognex
Machine Vision Global Market - Overview
Machines are everywhere and the rising adoption of automation is letting the companies to adopt the latest trends in machine vision technology for smart cities, security solutions and people management. Machine vision is an image based recognition technology providing the inspection and analysis in various applications across different industrial verticals. This technology provides a computer system with an ability to see, identify and analyse like humans. The machine vision technology market captures various end users and various different vendors contributing to the formation of a machine vision enabled systems. A major trend that tend to drive the market growth is miniaturization of manufacturing equipment, optical products, electronic devices and products. The machine vision uses cameras for visual inspection and judgement capabilities. However, there are certain factors that tend to slow down the growth of Machine Vision Market. These cameras can be tricked or fooled easily in order to get a illegal access to other property. Apple’s Face ID locking and unlocking system is one of the application of machine vision, but a numerous attempts had been made to trick the system and it was successful. While the technology is in the beta stage, it will soon have a high level of advancement because of the abilities of machine to converse with each other.
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Key Players
The prominent players in the market of Machine Vision Market are – Cognex Corporation (U.S.), Vitronic GmbH (Germany), Perceptron, Inc. (U.S.), Microscan Systems (U.S.), Basler AG (Germany.), National Instruments (U.S.), Optotune AG (Switzerland), USS Vision (U.S.), ViDi Systems SA (Switzerland), Keyence (Japan), Omron Corporation (Japan) among others.
Machine Vision Global Market - Segmentation
• Segmentation by Type: 1D machine vision, 2D machine vision, 3D machine vision.
• Segmentation by Application: Inspection, gauging, guidance, identification.
• Segmentation by Component: hardware (ASMV, Cameras, Sensors, illuminations, processors), software.
• Segmentation by End User: Automotive, electronics & semiconductor, healthcare, food & packaging.
Machine Vision Global Market - Regional Analysis
The market of the machine vision is dominated by the Asia Pacific region. This region comprises of countries like China, Japan, which are far advanced in machine vision technologies as there is a large presence of electronic manufacturing companies which are investing a huge amount in research & development. Also, the Asia Pacific possesses to be a hub of robotics and machine learning technology. Europe is the second largest market after Asia pacific. The region comprise of many of the key players in this market like Vitronic, Basler AG, ViDi Systems SA, and Optotune AG. Another factor that drive the growth of the market in Europe is the collaboration of ABB group with Vion and Samsung to uses Vion’s technology in machine vision for people counting and development of smart cities. However, North America is the third largest dominating region and is expected to grow at a fast rate during the period of forecast.
Industry/ Innovation/ Related News
January 23, 2018 – Industrial Sensor Vision International Corporation (ISVI - US) designer and manufacturer of high-resolution, high-speed camera technology announced Framos (a well positioned machine vision industry leader) as its global distributor of its products. Together with Framos’ knowledge to enable machines to see and think, ISVI is looking forward to provide broad scale imaging innovation.
January 29, 2018 – Himax Technologies, Inc. (US) a leading supplier and manufacturer of display drivers and other semiconductor products, also offering digital camera solutions, including 3D sensing and machine vision, used in variety of applications such as IoT & etc. announced the acquisition of a technology company - Nano 3D (US) mastering assets, related to intellectual property & business
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Intended Audience
• Data Centers
• Manufacturing Companies
• Software Developers
• Energy Generation Companies
• Technology Providers
• Distributors
• Research firms
• Consultancy firms
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors
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