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Nanotechnology can be applied to create sensors of minuscule size. The reduction in sensor size can result in lower materials cost, reduced weight, and lower power consumption, which are key factors driving opportunities for sensors in the marketplace. Nanosensors of highly reduced power consumption are very suitable for integration into wireless c...

The Internet of Things (IoT) has been introduced to solve a variety of business challenges faced by enterprises in the following categories: 1) visibility and insights, 2) optimization of business processes, 3) tracking of assets, 4) monitoring of assets and environment, 5) improved customer engagement, 6) enabling new services, 7) enabling new bus...

The electric drives market is a mature market dominated by a handful of players who have been there in the industry for a considerable amount of time. This research service aims to analyse the electric drives market in detail and provide the key facts pertaining into end user markets and product categories. The electric drives market has been split...

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...

When COVID-19 lockdowns in early 2020 forced businesses to close physical locations, demand for digital options soared as employees shifted to working from home and customers sought alternative means of interaction. Australian organizations made major changes to their processes and technology to address the initial crisis. Their contact centers wer...

While the Australian market for digital built environment solutions is growing rapidly, it is still under-penetrated, particularly in the residential sector. Solutions that improve the energy efficiency of built environments have found the highest acceptance among asset owners due to their ability to demonstrate a clear return on investment (RoI). ...

Israel’s aerospace industry is an innovative global hub for defense and commercial applications, with considerable operational experience and advanced technical skills. Israel’s defense industry is one of the largest arms sales exporters in the world and among the top five exporters of drones, with a total sales of over $2.4 billion between 2017 an...

Electronic test and measurement instruments are used to capture, process, and display data, signals, electrical parameters. These instruments find significant utilization in research, product development, prototyping, manufacturing, and field testing applications. Electronic test and measurement market participants have continued to invest in the R...

This study analyzes the nature and the development of various business models and solutions launched by rail manufacturers, operators, and other service providers that are disrupting the rail market. It contains profiles of key participants and case studies of evolving business models in the market. The study also examines factors that will acceler...