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Global Machine Vision market to grow at 9.4% CAGR

November 26, 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.

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

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