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The Machine Vision Camera Market is estimated to hit $2.5 billion by 2023

The demand for machine vision cameras is continuously rising due to increased automation in the manufacturing section. Line scan camera and area scan camera dominate the overall machine vision camera market. Line scan market generated a highest revenue of $679.3 million in 2017 and is estimated to grow with a CAGR of 9.47% during the forecast period 2018-2023. Asia-Pacific market generated a revenue of $388.4 million in 2017 and is set to grow at a CAGR of 10.6% during 2018-2023.

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The Machine Vision Camera Market is estimated to hit $2.5 billion by 2023

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  1. The Machine Vision Camera Market is estimated to hit $2.5 billion by 2023

  2. Americas was the largest market for Machine Vision Cameras in 2017, closely followed by Europe, with both regions being technologically advanced in terms of innovation, manufacturing and inspection. However, increasing investments in Asia-Pacific (APAC) drives the adoption of automation and related devices, including Machine Vision Cameras. The APAC market is set to grow at a CAGR of 10.6% in the coming years. Contact : sales@industryarc.com

  3. Selected Analysis Done in the Full Report: Machine Vision Cameras are crucial components in the Machine Vision Systems, intended for capturing the imaging solely. But the recent developments in the field of miniature electronics has assisted in the creation of standalone cameras that are able to capture the image and process it with the integration of additional signal processing circuits. The value chain for machine vision camera is a subset of much wider ecosystem available in the form of machine vision systems. Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors Mentioned in the Full Report: • Increasing importance of industrial and factory automation due to rising labor costs has set up a progressive demand for machine vision cameras. • The enormous improvements in the field of image processing will drive the vision technology market in the coming years by creating new opportunities for applications across different industrial and also non-industrial verticals. Contact : sales@industryarc.com

  5. Key Players of the Machine Vision CameraMarket Sony Corp. Omron Corp. Sick AG National Instruments Hitachi Corp. And 15+ more Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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