Global Factory Automation and Machine Vision Market: Overview
Information and communication technology (ICT) have become crucial to the social infrastructure, therefore systems that allow society to function more efficiently are increasingly needed. Machine vision (MV) is a technology that meets these expectations and controls the movement of machinery by processing visual information. Machine vision plays vital role of factory automation (FA) in industrial manufacturing. Moreover, machine vision has also extended its scope to the fields of medicine, security, and agriculture. The growth is mainly driven by the introduction of innovative image sensing devices and the development of computing technologies, including communication. With technological advancements, machine vision not only serves as a replacement for human vision but also handle multidimensional invisible information.
Major Key Players of the Factory Automation and Machine Vision Market are:
ABB LTD (Switzerland), Siemens Ag (Germany), Rockwell Automation Inc (U.S.), Emerson Electric Company (U.S), Honeywell International Inc (U.S.), Johnson Controls Inc (U.S), General Electric Company (U.S.), Schneider Electric SA (France), Teledyne Dalsa Inc (Canada), Texas Instruments Inc (U.S), Eastman Kodak (U.S.) and Yokogawa Electric Corporation (Japan).
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Machine vision (MV) uses automated technology for capturing images and transferring it to a PC. The captured images are then processed for inspection. A camera along with an image sensor is used to capture images, where in vision software analyzes it and information is communicated to the other equipment. Advancements in machine vision (MV) technology including vision-guided robotics and smart cameras have augmented the scope of the MV market with a broader application in the manufacturing sectors. These systems are utilized in applications such as manufacturing of semiconductor, pharmaceuticals, electronics, medical devices, automotive, packaging, and consumer goods.
Factory automation systems are used in discrete industry and process industry applications. Mexico factory automation and machine vision market is classified by technology into Industrial Control Systems (ICS), Enterprise Resource Planning (ERP), Manufacturing Execution System (MES), and Information Technology System (ITS). Different types of machine vision (MV) systems are PC-based, smart camera based and embedded based systems. Machine vision (MV) systems include various components such as camera, optics frame grabber and lighting, software and hardware.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
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