Business Technology

Industrial Machine Vision Market to enjoy ‘explosive growth’ | Leading Key Players: Cognex Corporation, Basler AG, Omron Corporation, Keyence Corporation, Sony Corporation

Industrial Machine Vision

Industrial Machine Vision the market size is expected to grow as the demand for automated quality inspection increases in various industries. As manufacturing plants and facilities grow globally, manufacturers are increasingly focusing on quality assurance in the production process. This increases the adoption of machine vision technology as an internal component of the automated development process. Traditional manufacturing procedures have proved to be inefficient due to human factors at the testing stage. The increase in demand for machine vision systems for the Industrial Internet (IoT) and AI (AI) is expected to activate the industrial machine vision market over the expected time frame. As per the Research N Reports market research report, the global machine vision market is expected to grow at a steady rate and post a CAGR of close to +9% during the forecast period.

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The key vendors dominating this market space are Cognex Corporation, Basler AG, Omron Corporation, Keyence Corporation, Sony Corporation, Teledyne Technologies, Inc., Texas Instruments, Inc., Allied Vision Technologies GmbH, Intel Corporation, Baumer Optronic GmbH, JAI A/S

Research N Reports has added a new report “Global Industrial Machine Vision Market”, which has shown the developmental cycle of the additionally examined causes leading to improved development through drivers, restraints, and opportunities made available for the firms aiming to grow their standing in the market. The industry patterns are carefully examined by understanding the upcoming trends and how will they affect the products demand in the future. Industry verticals, a threat of substitutes, an intensity of competitive rivalry, opportunities for new entrants to prosper, regional market share, etc. have been analyzed and provided in the report.

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Strategies such as Porter’s five forces, namely, a threat of substitutes, intensity of competitive rivalry, a threat of new entrants, bargaining power of buyers, and bargaining power of suppliers have been conducted by the expert analysts providing new advancements. The industry has shown persistent growth over the period of time, which is helping the players to save themselves a leading position in the global market space. Several numbers of advancements have been witnessed and the regional contributing factors have been understood in order to clarify the business tactics.

On the basis of geography, the market has been categorized broadly into Latin America, Europe, the Middle East, and Africa, North America and the Asia Pacific. The escalating technological advancements in North America and the rising awareness among the people in the Asia Pacific has imparted demographical alterations in the market.

Table of Contents:

Chapter 1, Market Overview

Chapter 2, Company (top players) profiles with sales, revenue, and price of Industrial Machine Vision in 2016 and 2017;

Chapter 3, Analysis of competition among the top manufacturers with sales, revenue and market share in 2016 and 2017;

Chapter 4, Regional assessment with sales, revenue and market share of Industrial Machine Vision for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, Industrial Machine Vision analysis by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10, and 11, the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Market forecast by regions, type and application, with sales and revenue, from 2018 to 2025;

Chapter 13, Sales channel, distributors, traders and dealers of Industrial Machine Vision market;

Chapter 14 and 15, Research findings and conclusion, appendix and data source

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