Dublin, April 28, 2021 (GLOBE NEWSWIRE) -- The "Machine Vision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global machine vision market reached a value of US$ 10.7 Billion in 2020. Looking forward, the global machine vision market is expected to exhibit moderate growth during the forecast period (2021-2026).
Machine vision is currently providing numerous benefits to organizations such as improving quality, increasing productivity, lowering production costs, reducing floor space, increasing production flexibility, lowering capital equipment costs, etc.
Whereas, human vision is ideal for qualitative interpretation of a complex, unstructured scene, machine vision stands out at quantitative measurement of a structured scene catalysed by its speed, accuracy, and repeatability.
For instance, during a production process, a machine vision system has the capability to inspect hundreds, or even thousands, of parts per minute. A machine vision system built around the right camera resolution and optics can effortlessly inspect object details that may otherwise be too small to be viewed by the human eye.
In addition, in removing physical contact between a test system and the parts that are being tested, machine vision averts part damage and reduces the maintenance time and costs linked with the wear and tear on mechanical components.
Moreover, machine vision provides additional safety and operational advantages by reducing manual involvement in the production process. Nevertheless, machine vision also helps in preventing human contamination of clean rooms and protects human workers from environments that could be hazardous.
Key Questions Answered in This Report:
How has the global machine vision market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global machine vision industry?
What are the key regional markets in the global machine vision industry?
What are the key product types in the global machine vision industry?
What are the key component types in the global machine vision industry?
What are the major application segments in the global machine vision industry?
What are the key end-use industries in the global machine vision market?
What are the various stages in the value chain of the global machine vision market?
What are the key driving factors and challenges in the global machine vision market?
What is the structure of the global machine vision market and who are the key players?
What is the degree of competition in the global machine vision market?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Machine Vision Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Component
5.6 Market Breakup by Application
5.7 Market Breakup by Industry
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.13 Price Analysis
6 Market Breakup by Product
6.1 Vision Systems
7 Market Breakup by Component
8 Market Breakup by Application
8.5 Flaw Detection
9 Market Breakup by Industry
9.2 Medical and Pharmaceutical
9.3 Electronics and Semiconductor
9.4 Food, Packaging and Printing
9.5 Security and Surveillance
9.6 Intelligent Traffic System
10 Market Breakup by Region
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
National Instruments Corporation
Teledyne Technologies Inc
Texas Instruments Inc
Allied Vision Technologies GmbH
Baumer Optronic GmbH
For more information about this report visit https://www.researchandmarkets.com/r/i5h2im
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