Rapidly expanding manufacturing industry worldwide will raise Machine Vision Systems Market by 2025 with a CAGR of 7.0%.

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Latest market study on “Machine Vision Systems to 2025 by Type (Smart Machine Vision Systems, PC-Based Machine Vision Systems and 3D Machine Vision Systems), Components (Cameras, Frame Grabbers, Processors, Illuminations & Optics, Vision Software and Others) and End-users (Automotive, Consumer Electronics, Food & Beverage, Pharmaceuticals, Logistics and Others) – Global Analysis and Forecast”, the machine vision systems market is estimated to reach US$ 14.48 billion by 2025 from US$ 7.50 billion in 2015. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

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Machine Vision Systems Market to 2025 – Global Analysis and Forecast by Type, Components, and End-user Industry, machine vision systems market is expected to grow US$ 14.48 billion by 2025 from US$ 7.50 billion in 2015. Machine vision systems can perform complex repetitive tasks with higher accuracy and consistency. Machine vision systems include components such as image sensors, processors, PLC, frame grabbers and more, which are driven by a software package to execute user defined applications. Machine vision systems are also employed in non-inspection applications such as guiding robots, pick and place the parts, dispensing liquids and many more.

Some of the remarkable partnership and collaboration in this industry are MStar partners with OmniVision Technologies on new imaging applications with infrared processing. Also Strategic collaboration of OmniVision and SMI, where OmniVision’s global shutter CameraCubeChipTM was anticipated to be integrated into SMI’s Virtual Reality (VR) and Augmented Reality (AR) eye tracking platform as part of an alliance that aspires to shape the future of the sector.

The global machine vision systems market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to account for the largest share of the global machine vision systems market in 2016, followed by Europe. Germany and UK being two key countries in Europe region which will lead machine vision systems market in this region and is also expected to continue its dominance throughout the forecast period from 2016 to 2025. The report profiles key players such Basler AG, Cognex Corporation, Keyence Corporation, Omron Corporation and National Instruments. OmniVision, DataLogic, and Microscan Systems among others.

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The report segments the global machine vision systems market as follows:

Global Machine Vision Systems Market – By Types

  • Smart Machine Vision Systems
  • PC-Based Smart Machine Vision Systems
  • 3D Machine Vision Systems

Global Machine Vision Systems Market – By Components

  • Cameras
  • Frame Grabbers
  • Processors
  • Illuminations & Optics
  • Vision Software
  • Others

Global Machine Vision Systems Market – By End-users

  • Automotive
  • Consumer Electronics
  • Food and Beverage
  • Pharmaceuticals
  • Logistics
  • Others

Global Machine Vision Systems Market – By Geography Global Machine Vision Systems Market – By Geography

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • South America (SA)

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