global machine vision market 2015-2019
TRANSCRIPT
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Global Machine Vision Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “Cloud technology has been a fast growing business proposition due to its relative advantage in data storing, sharing, and retrieving. The vendors and end-users have realized the need for cloud storage in using machine vision technology, thus increasing the vendor's product offering and improving business efficiency. ”
• Machine vision technology helps analyze and inspect images through various machine vision software, hardware, and accessories. It includes four processes: guidance, identification, measurement, and inspection. The machine vision technology captures an image, transfers it to processor systems for inspection, and reports the processed results. Machine vision products have been used in the industrial and non-industrial sectors.
• Technavio's analysts forecast the global machine vision market to grow at a CAGR of 8.77% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:Global Machine Vision
Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Global Machine Vision Market 2015-2019
Basler
Cognex
Teledyne Technologies
Basler was founded in 1988 and is headquartered in Ahrensburg, Germany. The company manufactures, develops, and sells digital cameras for professional users. Its products are used in various applications, including industrial mass production, traffic control, security/surveillance, and medical technology.
Cognex was established in 1981 and is headquartered in Natick, Massachusetts, US. The company designs, manufactures, and markets machine vision products that analyze visual information. It offers a wide range of products including vision software, vision systems, vision sensors, ID-related products, and surface inspection systems.
Teledyne Technologies was founded in 1960 and is headquartered in California, US. It provides instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems for the industrial growth markets.
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Market Landscape
• The need for optimization of overall costs through continuous inspection will be one of the major factors driving the demand for machine vision technology during the forecast period.
• Implementation of machine vision helps in continuous monitoring leading to error detection and elimination.
• Moreover the need to improve design quality will also be a major factor contributing to the growth of the market.
• The others segment consisting of optics, lighting, and frame grabbers will be the fastest growing product segment during the forecast period.
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Key Buying Criteria
Parameter Details
Cost
The cost of the machine vision systems and components must be affordable to end-users
Customization Requirements The end-users have various machine vision needs requiring application-specific machine vision systems
Ease of Use End-users must be able to easily use and access the MV hardware and software
Integration Capabilities The MV must be easily integrated with the plant's facilities and should not require replacement of existing infrastructure
Accuracy The ability to provide more accurate and high-quality results and outputs in a cost-effective manner
Reliability The ability to perform according to end-users' requirements in various applications and various circumstances
Support The machine vision product vendors must provide constant after sales support
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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