Market Research Report
Machine Vision - 2D and 3D MV Systems: Technologies and Markets
|Published by||BCC Research||Product code||900625|
|Published||Content info||420 Pages
Delivery time: 1-2 business days
|Machine Vision - 2D and 3D MV Systems: Technologies and Markets|
|Published: July 26, 2019||Content info: 420 Pages||
The global market for machine vision system should grow from $19.6 billion in 2019 to $31.1 billion by 2024 at a compound annual growth rate (CAGR) of 9.7% from 2019 to 2024.
Optics, lighting and frame grabber as a segment of machine vision system market should grow from $5.6 billion in 2019 to $9.0 billion by 2024 at a CAGR of 10.0% from 2019 to 2024.
Camera and smart camera as a segment of machine vision system market should grow from $5.3 billion in 2019 to $8.9 billion by 2024 at a CAGR of 10.9% from 2019 to 2024.
This report covers the market for MV hardware and software, including smart cameras and smart sensors, image processing hardware, PC-based MV systems, MV lighting, cameras and frame grabbers.
Various factors were considered in making the market forecast, including plant construction and upgrades, the rate at which new MV technology is being applied in new areas, the underlying economic growth of the overall market and the growth rates reported by manufacturers and end users of MV products.
The report will look at the global market for the various components that comprise an MV system. These components have been undergoing constant upgrading in terms of sophistication, but they also provide easier operation. Their prices continue to fall, so the MV industry has been characterized by improving price and performance ratios. This has made the market for MV components very competitive. This study will examine the nature of the competition and offer a regional breakdown of this market. This report also covers the outlook of future global markets for MV systems and the technologies that will be involved. Starting with some basic industrial applications two decades ago in a few selected countries, the growth of this technology has allowed it to penetrate varied non-industrial fields, and the market has become global in nature.
Recent advances in MV technology have facilitated and accelerated varied applications for both industrial and non-industrial use in the near future. This report investigates the current global and regional markets for these various applications and provides a realistic forecast of their growth.
The major objective of this report is to determine the global market for MV systems and its growth potential through 2024. It also highlights the various technologies involved and improvements in them. The structure of the industries involved in the research, development, design and manufacture of MV components and systems is also discussed. Profiles of global manufacturers are provided, along with a discussion of the global competition in this ever-expanding market. An analysis of patents issued to various companies for related technologies and processes is contained in this study. Forecasts take into account product and technology life cycles.