Global Machine Vision market to grow at 9.4% CAGR

by Frank Tobe

26 November 2013

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New report by Research and Markets, Global Machine Vision Market 2012-2016, a $2,500 report, forcasts global machine vision market to grow at a CAGR of 9.4% to 2016.

Image processing has been playing a more and more important role turning “blind” machines into “seeing” ones. Even at high speeds and with stringent requirements for accuracy it allows 100% product inspection and is an ideal tool to strengthen competitiveness.

Increasing demand is seen outside of the industrial sector and/or for materials handling, inspection and QC.

Key vendors mentioned in the report include Basler AG, Cognex, Teledyne Technologies, ISRA Vision and Matrox Electronic Systems.

tags: c-Business-Finance, cx-Research-Innovation, Vision

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.

Global Machine Vision market to grow at 9.4% CAGR

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