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The Asia Pacific Machine Vision Systems Market Size is anticipated to experience a CAGR of 9.8% during the forecast period (2016 - 2022).
Machine vision system enables automatic analysis and inspection of the production line, imaging, process control, verification, measurements, robot guidance, and other functions. Machine vision is a full-fledged solution that works from acquiring an image to interacting with the management information system. A machine vision system is a very efficient system that almost negates the limitation caused due to human intervention and at the same time offer a significantly high level of error recognition for a long period of time.
Continued growth in the CMOS image sensors and growing demand for automation in industrial applications are some of the major factors that supplement the market growth. Machine vision system maintains high level of accuracy for a long period, thus, enabling high-speed production lines, clean room environments, microscopic inspection, closed-loop process control, and precise non-contact measurement.
Based on type, the market is segmented into 1D, 2D, and 3D. Based on Component, market is segmented into Embedded system, Smart Camera, Lighting, Frame Grabber, and Lens. Based on Application, market is segmented into Verification, Identification, Measurement, Positioning, and Flaw Detection. Based on Vertical, market is segmented into Industrial, Healthcare, Electronics, Automotive, and Others.
Based on country, Asia-Pacific Machine Vision Systems market is segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific. China remained the dominant region in the Asia-Pacific Machine Vision Systems market in 2015. India would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Machine Vision Systems market. Key companies profiled in the report include Cognex Corporation, Teledyne Technologies, Keyence Corporation, Basler AG, Texas Instruments Incorporated, Omron Corporation, Sick AG and Allied Vision Technologies GmbH.