Machine vision has become broadly accepted as an integral portion of the long-term automation development procedure as industries have acknowledged the requirement of quality assurance in production operations. Machine vision can assist uncover faults in the manufacturing procedure in a short amount of time when utilized throughout an automated production procedure.
According to the report analysis, ‘Global Industrial Machine Vision Industry Research
Report 2021 Segmented by Major Market Players, Types, Applications and
Countries Forecast to 2027’ states that Cognex, Basler,
OMRON, KEYENCE Corporation, National Instruments, Sony, Teledyne Technologies,
Texas Instruments, Intel, Baumer Optronic, tordivel, ISRA VISION, MVTec
Software, SICK, JAI A/S and many more are the key companies which presently
functioning in the global industrial machine vision market more proficiently for
keep maintaining the governing position, registering the great value of market
share, obtaining the competitive edge, generating the highest percentage of
revenue, and leading the highest market growth by spreading the awareness
connected to the applications and advantages of industrial machine vision,
implementing the policies of profit making and strategies of expansion,
delivering the better customer satisfaction, increasing the features and
benefits of industrial machine vision, improving the qualitative and
quantitative measures of such, establishing the several research and
development programs, and analysing the strategies and policies of government
as well as contenders.
APAC is expected to augment at the greatest CAGR in the machine vision market. Countries such China, Japan, and South Korea are projected to be the foremost contributors to the market in APAC. Augmented the manufacturing operations underwrite mainly to the economic development across China, while the rising requirement to incorporate Industry 4.0 and improved manufacturing techniques for augmenting the automation across several applications in India is underwriting to the tremendous growth of AI in computer vision across APAC.
As enterprises have grasped the
inevitability of automated quality assurance in production processes, the
requirement for it has augment which is further projected to influence the
growth of the industrial machine vision market. In the automotive and consumer
electronics industries, the utilization of industrial robots for automation has
augmented dramatically. As a result, there is an augmenting demand for machine
vision systems to be integrated with vision-guided robot controllers which will
further quicken the growth of the industrial machine vision market. Several
governments have placed a robust emphasis on developing smart factories and the
implementation of Industry 4.0, which is boosting the market's growth
trajectory.
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On the other hand, the augmenting
risk of cyber-attacks on industrial machine robots and devices and the dearth
of flexible machine vision solutions is further predicted to impede the growth
of the industrial machine vision market in the targeted duration. However, the
difficulties concerning the incorporation of machine vision systems might
further challenge the growth of the industrial machine vision market during the
near future.
In addition, the increasing
manufacturing of hybrid and electric cars is further projected to provide
potential opportunities for the growth of the industrial machine vision market
during the coming years. Therefore, it is predicted that during the near future
the market of industrial machine vision will augment more proficiently around
the globe over the review period.
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Global Industrial Machine Vision Market: Ken Research
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