New ARC Advisory Group research on the machine vision market reveals that it is an essential technology for industrial automation and is crucial for building smart manufacturing infrastructure. Integratingon of machine learning with machine vision drives operational efficiencies, accelerates inspection processes, and increases productivity in a way that was that were not cost-effective to strive for in the past.
“Machine learning technologies and machine vision can be deployed profitably in a wide range of applications allowing enhanced industrial automation and robust inspection processes. As manufacturers make the transition to the smart connected factory and extend Industrial Internet of Things (IIoT) ecosystems across factories, plants, and supply chains, efficient and flexible data analysis will be critical for operations of production systems and plant assets,” according to Anju Ajaykumar, Analyst at ARC Advisory Group and key author of ARC’s Machine Vision Systems Global Market Research report.
“End users are looking to do more with the data they collect from vision solutions. No longer is the data merely used for inspection or gauging and then discarded. Customers need not only use the best product for an application, but also one that can be easily and completely integrated into the operation,” added Ms. Ajaykumar.
About the Machine Vison Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the machine vision market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.