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NEW YORK , June 15, 2022 /PRNewswire/ -- The global Machine Vision Camera Market size is expected to grow by USD 15.07 billion, at a CAGR of 7.25% as per Technavio. The market is segmented by product (line scan, area scan, and 3D), end user (industrial and non-industrial), and geographic (APAC, Europe , North America , South America , MEA, APAC, Europe , North America , South America , and MEA). The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
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The machine vision camera market is driven by the increasing adoption of machine vision systems for medical and life science research. In addition, the increased demand for vision-guided robots in APAC is anticipated to boost the growth of the Machine Vision Camera Market.
Machine vision cameras increase the sensitivity in interferometric microscopy, which is required to analyze the biophysical properties at the individual cell level. Machine vision cameras are also used to detect metastases in ovarian tissue during cancer diagnosis and treatment. Machine vision technologies are used to inspect, identify, gauge, or guide products such as ventilators, respirators, and protective gears.
Hence, the growing adoption of vision systems in medical and life science research will boost the demand for the machine vision camera market during the forecast period.
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Major Five Machine Vision Camera Companies:
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Machine Vision Camera Market Key Highlights
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Machine Vision Camera Market Scope
Accelerate at a CAGR of 7.25%
APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA
China, US, Japan, Germany, and South Korea (Republic of Korea)
Leading companies, Competitive strategies, Consumer engagement scope
Basler AG, Baumer Holding AG, Cognex Corp., FLIR Systems Inc., Hitachi Kokusai Electric America, Ltd., National Instruments Corp., OMRON Corp., Sony Corp., Teledyne DALSA Inc., and TKH Group NV
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected]
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