We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » 2017 Prediction Worldwide Machine Vision Technology
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

2017 Prediction Worldwide Machine Vision Technology

February 21, 2017
No Comments

The global machine vision technology market is exhibiting a CAGR of 8.40% between 2015 and 2021. Should this growth rate be consistent, the market can be expected to reach US$28.5 bn by 2021, after being recorded at US$15.7 bn in 2014

According to the report, the key driver for the global machine vision technology market is the expanding manufacturing sector. The largest use of machine vision technology is made in the manufacturing sector, where it is required to examine resistors, microchips, capacitors, lead frames, and other such components.Other application areas of machine vision technology include the automotive industry, where it is used to examine control systems related to painted surfaces, engine irregularities, welding QC, and industrial robot functionality.

Manufacturing is rapidly moving towards process automation, thereby propelling the global machine vision technology market as an integral part of automation. As the level of automation increases, the accuracy and complexity of measurements also increases in accordance to it. Thus, the global machine vision technology market is experiencing heightened demand for extremely accurate instruments.PC-based machine vision technology dominated the global machine vision technology market in terms of product type. This segment leads the market due to the growing demand for highly advanced inspection methods in multiple industries. It was followed by the embedded and smart camera-based machines segment.

Read More: http://www.transparencymarketresearch.com/machine-vision-technologies.html

More Info: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2449

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
  • Related Articles

    Evans Deploys New Machine Vision AI System from ADLINK to Improve Warehouse Order Accuracy and Effic

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Wireless technology could help electric trucks charge more safely, efficiently

  • Port of Oakland reports slow February container volumes as retail activity sputters

  • What’s shaping omnichannel fulfillment strategies?

  • WMS feels the squeeze

  • Freight downcycle is closer to the end than the start, ACT says

Now Playing on DCV-TV

Ce1e8b83 026c 4709 8554 43eef6c78213

Will the Silicon Valley Bank Fallout Affect Your Supply Chain? And Our Salute to the Women Supply Chain Leaders

DCV-TV 4: Viewer Contributed
The developments with Silicon Valley Bank and other financial institutions have gotten everyone’s attention. Will these banks be “isolated incidents” or do they portend a contagion with dire economic consequences? Candidly, I think the verdict is still out.That said, we’ve heard from some shippers and columnists who...

FEATURED WHITE PAPERS

  • Five tips for parcel success in 2023

  • Education Series: How, When and Why to Use XR Wearables in Your Industrial Business

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

  • The five best applications for robotic lift trucks in warehouse environments

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing