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Machine Vision Systems Market/machine vision a Forecast 2018

The global machine vision systems and components market is estimated to be worth $3,125.78 million in 2012 and it is expected to grow with a CAGR of 8.2% from 2013 to 2018 to book $5,123.22 million revenues in 2018. The camera market is expected to grow at an estimated CAGR of 10% from 2013 to 2018. The unit shipment for smart cameras is expected to grow at a CAGR of 23.5% compared to 10% for digital cameras from 2013 to 2018. The software and hardware market is expected to $1,609.22 million in 2018, at an estimated CAGR of 10.2% from 2013 to 2018.

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Machine Vision Systems Market/machine vision a Forecast 2018

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  1. MarketsandMarkets Presents Machine Vision Systems Market http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

  2. Machine Vision Systems Market report categories the global market on the basis of Technology (PC & Smart Cameras) , Application & Geography Forecasting the Year-2013 to 2018 Machine Vision Systems Market is expected to grow at a CAGR of 8% from 2013 to 2018 and reach $5 billion in 2018. Browse >> Browse 108 market data tables with 12 figures spread through 340 pages in-depth TOC on Machine Vision Systems & Components Market http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

  3. Source: MarketsandMarkets Analysis http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

  4. The machine vision system and component market is matching up with the growing demand for traditional and non-traditional applications areas. Innovation in processing capabilities has made the machine vision systems more powerful; coupled with the development of embedded machine vision and new interfaces. These advancements have also increased processing power, reduced cost and operational complexities, thereby increasing the scope of machine vision technology for a wider application. The global machine vision system and components market is estimated to reach $ 3,125.78 million in 2012; growing at an estimated CAGR of 8.2% from 2013 to 2018. In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analysis of the machine vision systems and component markets in the U.S., Europe, Asia Pacific, and Rest of the World (ROW). The report draws the competitive landscape of the global machine vision market, providing an in-depth comparative analysis of the technological and marketing strategies adopted by key players in order to gain an edge over their competitors. http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

  5. Amongst all the product market segments, PC based machine vision segment held a majority of the product market in 2012, while smart camera based machine vision market segment is fastest growing among three product markets. Third being embedded machine vision market segment. By the end of 2018, smart camera based machine vision system market segment is expected to hold more 35% of product market. The compact and application specific features of this setup are expected to drive the market in coming five years. Embedded machine vision is also expected to establish itself in various industrial and non industrial verticals. Among all the component market segments, the camera component of the set up commanded the largest share in terms of revenues in 2012, while Optics, frame grabber and lightning segment, which are clubbed together for the calculation purposes; and software & hardware component share similar share in overall cost of the system. It is also expected to be the fastest growing market, growing at a CAGR of 10.1% from 2013 to 2018. The higher demand for centralized processing and lower cost of the system clubbed with ease to install and use are some of the drivers for this segment. http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

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  7. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/machine-vision-systems-market-963.html

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