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The Europe Machine Vision Systems Market would grow to register a CAGR of 6.5% during the forecast period (2016 - 2022).
Europe would be highly potential regions for manufacturers to explore the market potential due to ongoing research activities that are geared towards developing efficient machine vision system components such as smart camera, software, embedded system, frame grabber, and many more. 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.
Machine vision system is a very efficient system that almost negates the limitation caused due to human intervention and at the same time offer significantly high level of error recognition for a long period of time.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, Europe Machine Vision Systems market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant region in the Europe Machine Vision Systems market in 2015. France 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.