Machine Vision Systems & Components Market

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MarketsandMarkets Presents
Machine Vision Systems Components Market worth
5 Billion - 2018
http//www.marketsandmarkets.com/Market-Reports/ma
chine-vision-systems-market-963.html
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According to a new market research report of
"Machine Vision Systems Components Market- By
Technology (PC Smart Camera), Application
(Industrial (Automotive, Electronics, Packaging,
Medical), Non Industrial (Security, Traffic And
Road Safety, Healthcare))-Global Analysis
Forecast (2013-2018)" ,published by
MarketsandMarkets (www.marketsandmarkets.com) is
expected to grow at a CAGR of 8 from 2013 to
2018 and reach 5 billion in 2018. Browse 108
market data tables with 12 figures spread through
340 pages and in-depth TOC on Machine Vision
Systems Components Market- By Technology (PC
Smart Camera), Application (Industrial
(Automotive, Electronics, Packaging, Medical),
Non Industrial (Security, Traffic And Road
Safety, Healthcare))-Global Analysis Forecast
(2013-2018). http//www.marketsandmarkets.com/Mar
ket-Reports/machine-vision-systems-market-963.html
Early buyers will receive 10 customization on
reports. The machine vision system and component
market is matching up with the growing demand for
traditional and non-traditional applications
areas. Innovation in processing capabilities has
made the machine vision systems more powerful
coupled with the development of embedded machine
vision and new interfaces.
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chine-vision-systems-market-963.html
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These advancements have also increased processing
power, reduced cost and operational complexities,
thereby increasing the scope of machine vision
technology for a wider application. The global
machine vision system and components market is
estimated to reach 3,125.78 million in 2012
growing at an estimated CAGR of 8.2 from 2013 to
2018. Amongst all the product market segments, PC
based machine vision segment held a majority of
the product market in 2012, while smart camera
based machine vision market segment is fastest
growing among three product markets. Third being
embedded machine vision market segment. By the
end of 2018, smart camera based machine vision
system market segment is expected to hold more
35 of product market. The compact and
application specific features of this setup are
expected to drive the market in coming five
years. Embedded machine vision is also expected
to establish itself in various industrial and non
industrial verticals. Among all the component
market segments, the camera component of the set
up commanded the largest share in terms of
revenues in 2012, while Optics, frame grabber and
lightning segment, which are clubbed together for
the calculation purposes and software hardware
component share similar share in overall cost of
the system. It is also expected to be the fastest
growing market, growing at a CAGR of 10.1 from
2013 to 2018. The higher demand for centralized
processing and lower cost of the system clubbed
with ease to install and use are some of the
drivers for this segment.
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chine-vision-systems-market-963.html
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Machine vision applications market has been
segmented in four types namely location,
measurement, inspection, and identification. As
of 2012, identification application market
segment dominates the application market of
machine vision. Inspection market segment is
second largest segment which held a market share
of around 32 in 2012. Locating application is
expected to grow with a relatively high CAGR of
15 during the projection period. Machine vision
components and systems complements and to some
extend replaces the manual inspections and
measurements with power full digital cameras and
image processing. This has increased the scope of
its applications. As of 2012, industrial
vertical accounted for the major part i.e.75 of
the turnover of machine vision systems and
components globally. This segment generated
revenue of 2,394.35 million in 2012 and is
expected to grow with a CAGR of 7.2 from 2013 to
2018. Non industrial vertical is emerging market
and had generated revenues of 731.43 million in
2012 and is expected to grow a CAGR of 11.2 from
2013 to 2018
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chine-vision-systems-market-963.html
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At present, Asia Pacific region dominates the
global machine vision system component market,
which is also the fastest growing region, at a
double digit CAGR of 11.1 from 2013 to 2018 and
this trend is expected to continue in the
forecasted period as well followed by European
region, the second largest market for machine
vision, which occupied market share of 30 of the
overall market in 2012. However, Americas region
is expected to grow with least CAGR among
geographies i.e around 7 during 2013 and
2018 In addition to market sizes and forecasts,
the report also provides a detailed analysis of
the market trends and factors influencing market
growth, offering in-depth geographic analysis of
the machine vision systems and component markets
in the U.S., Europe, Asia Pacific, and Rest of
the World (ROW). The report draws the competitive
landscape of the global machine vision market,
providing an in-depth comparative analysis of the
technological and marketing strategies adopted by
key players in order to gain an edge over their
competitors.
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chine-vision-systems-market-963.html
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