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Machine Vision System Market Expected to Reach $18.7 Billion, Globally, by 2022

Machine Vision System Market, published by Allied Market Research, forecasts that the global market was valued at $10.6 billion in 2015 and is projected to reach $18.7 billion by 2022, growing at a CAGR of 8.7% during the forecast period 2016-2022 .Industrial segment held the highest share of the total market in 2015.<br>

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Machine Vision System Market Expected to Reach $18.7 Billion, Globally, by 2022

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  1. Machine Vision System Market Machine Vision System Market, published by Allied Market Research, forecasts that the global market was valued at $10.6 billion in 2015 and is projected to reach $18.7 billion by 2022, growing at a CAGR of 8.7% during the forecast period 2016-2022 .Industrial segment held the highest share of the total market in 2015. Machine vision systemhave evolved rapidly to accelerate high performance for production line monitoring system and automated guidance of industrial robots. Continued evolution of CMOS image sensors and rise in demand for automation in industrial applications are the factors that drive the growth of the market. However, intensive training and education, an essential requirement to enable entry of machine vision in newer markets restrain the market growth. Machine vision systems have penetration in a wide range of industries, such as industrial, healthcare, electronics, automotive, aerospace & defense, and many more. In 2015, industrial and electronics segments had more than 50% market share in the overall machine vision system market. The manufacturers of automated guided robots and vehicles incorporate advanced machine vision systems for applications such as positioning and identification to maintain a competitive advantage. Get the PDF Brochure@ https://www.alliedmarketresearch.com/request-sample/1907

  2. Machine Vision System Market Key Findings of the Machine Vision System Market *Smart camera is expected to be the fastest growing component segment of the machine vision system industry, growing with a CAGR of 10.3% from 2016 - 2022 *3D measurement is expected to exhibit the highest CAGR of 13.2% during the forecast period Flaw detection and verification applications are two of the fastest growing application segments *in machine vision system market, together constituting more than half of the overall market revenue in 2015 *Industrial segment contributed over 29.0% of the overall market in 2015, and is expected to grow with a CAGR of 6.9% during the forecast period *Europe is expected to be the fastest growing machine vision system market, and projected to grow at a CAGR of 11.8% during the forecast period

  3. Asia-Pacific Mobile Security Market Machine Vision System Market By Geography North America U.S. Canada Mexico Europe UK France Germany Rest of Europe Asia-Pacific China Japan By Geography Asia-Pacific China Japan India South Korea Rest of Asia-Pacific India South Korea Rest of Asia-Pacific LAMEA Latin America Middle East Arica

  4. Machine Vision System Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/checkout/328261 Follow Us On

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