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In a robot-based machine vision solution, a camera takes an image of an object, analyzes it, and sends accurate coordinates to a robot that then moves its arm in a specified position. Thus, a robot-based machine vision solution has two major aspects: robotic system and machine vision system. The machine vision system includes lighting, lenses, imag...

This research study provides a post-pandemic trend analysis of the smart homes market, highlighting information on the growth of connected devices, regional trends, consumer preferences, and other key indicators. Smart and connected homes have an evolving, dynamic market poised for strong growth in the next 5 years. The primary drivers of this mark...

24 Aug 2021  |  Global  |  Market Research

Global Machine Vision Growth Opportunities

High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market

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The global machine vision market revenue in 2020 is $10.28 billion and is forecast to record a 6.4% CAGR between 2020 and 2025. The market took a major hit in 2020 due to the COVID-19 pandemic, with sales declining 4.6% from 2019. However, Frost & Sullivan expects that market to register 3.8% growth in 2021. Positive trends in pharmaceuticals, food...

This Frost & Sullivan outlook analyzes the global fluid power equipment market in detail from 2015 to 2018, and provides the outlook for 2019. It examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provided for North America, Europe...

Electrification in Commercial Vehicles (CV) will increase globally with the framing of strict emission regulations. The growing electric CV market will open up opportunities for new technologies and components that drive the vehicle. This study provides an overview of the key technology trends in electric drive train component market and also provi...

European analytical instrumentation factbook is segmented by regions including Germany, France, Italy, the United Kingdom, Benelux (Belgium, the Netherlands, Luxembourg), Russia, Scandinavia (Sweden, Norway, Denmark), Iberia (Spain, Portugal), Rest of Eastern & Western Europe, Rest of Europe. It includes end users including Pharmaceuticals, biotec...

The Advanced Manufacturing Technology Opportunity Engine focusses on innovations related to innovation in AI-based robotic solutions for industrial manufacturing, developments in multi-material and powder-bed fusion 3D printing, advanced robotic solution for welding applications. The Advanced Manufacturing TOE covers global innovations and developm...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to Selective Laser Sintering 3D Printing Platform, Modular Mobile Robot Platform, Data-driven Humanoid Robot Platform, Autonomous Agricultural Robot System, and Precision 3D Printing Materials.The Advanced Manufacturing TOE covers global innovations an...

The Big 4 sensors—pressure, flow, temperature and level—measure parameters that are most critical to both process and discrete field monitoring applications. This research service analyzes the global market for flow, level, pressure, and temperature sensors and transmitters and offers a quantitative model with revenues and forecasts for the flow, l...