Machine Vision Technologies Global Markets

The scope of this report is the market for MV hardware and software, including smart cameras and smart sensors, compact vision systems, personal computer-based MV systems, MV lighting and cameras, and frame grabbers. A variety of factors were considered in making the market forecast, including plant construction and upgrades, the rate at which new MV technology is being applied in new areas, the underlying economic growth of the overall market, and the growth rates reported by manufacturers and users of MV products. The report will look at the global market for the various components that comprise an MV system. These components have been undergoing constant upgrades in terms of sophistication, but providing easier operation. The global market for machine vision (MV) system components totalled $14.4 billion in 2013 and $15.7 billion in 2014. The market should reach $17.1 billion in 2015 and about $26.9 billion in 2020, registering a compound annual growth (CAGR) of 9.4% over the next five years. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Machine Vision Technologies Global Markets.