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
Reasons for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a six-year forecast assessed on the basis of how the market is
predicted to grow
- It
helps in understanding the key product segments and their future
- It
provides pin point analysis of changing competition dynamics and keeps you
ahead of competitors
- It
helps in making informed business decisions by having complete insights of
market and by making in-depth analysis of market segments
- It
provides distinctive graphics and exemplified SWOT analysis of major
market segments
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The report sheds
light on various aspects and answers pertinent questions on the market. Some of
the important ones are:
1. What can be the best investment choices for venturing
into new product and service lines?
2. What value propositions should businesses aim at while
making new research and development funding?
3. Which regulations will be most helpful for stakeholders
to boost their supply chain network?
4. Which regions might see the demand maturing in certain
segments in near future?
5. What are the some of the best cost optimization
strategies with vendors that some well-entrenched players have gained success
with?
6. Which are the key perspectives that the C-suite are
leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status
of key regional markets?
8. How will the emerging political and economic scenario
affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various
segments?
10. What will be the barrier to entry for new players in the
market?
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