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This analysis explores opportunities in integrating Industry 4.0 technologies with non-destructive evaluation (NDE) techniques across various industries. The emergence of Industry 4.0 technologies, such as digital twins, artificial intelligence (AI), augmented reality/virtual reality (AR/VR), and robotics, has enhanced efficiency and reduced costs ...

The report offers a comprehensive analysis of nanocoatings, with an emphasis on corrosion resistance and self-cleaning applications. The study aims to understand how consumer needs, regulatory laws, environmental concerns, and technological advancements are shaping the global nanocoatings market. It also explores the innovation ecosystem, including...

Industry perceptions of waste are being redefined by the upcycling movement, which views it as an untapped source of innovation and value rather than a problem. Upcycling has emerged as a key trend enabling the creation of high-value materials from waste and by-products for food, cosmetics, packaging, textiles, and biotech industries. The growing r...

This deliverable focuses on the major trends shaping the lubricants industry, as companies look to identify and invest in areas that support future growth. Market dynamics are greatly influenced by megatrends such as sustainability, international trade, and the evolving policy relationships between countries. While many of these trends affect end i...

This report provides a comprehensive analysis of the North American dedicated internet access (DIA) services market. Frost & Sullivan conducted primary research interviews with leading service providers and secondary research comprising published materials, including financial reports and internal databases, to perform a detailed analysis of revenu...

This Frost & Sullivan analysis of the North American passenger car and light truck driveline components aftermarket examines the volume and value of the industry for driveline components, specifically driveshafts and U-joints, in North America. The report discusses replacement rates and average manufacturer-level prices and presents forecasts acros...

Micro-sensors are no longer just components that capture data—they are becoming the intelligence behind connected products and autonomous systems. As industries demand faster decisions, greater reliability, and continuous monitoring, sensing platforms are evolving by combining embedded AI, advanced materials, low-power design, and connected archite...

Self-health monitoring products and technologies boost consumer awareness of their health and help them to monitor it, avail timely medical help, and lead a high-quality life. Tools such as wearables, body patches, smartphone applications, lateral flow assays, and other peripheral devices are used to diagnose acute conditions, help patients reach t...

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...