Global Factory Automation and Machine Vision Market Size, Status and Forecast 20

Posted by Daniel Web on January 4th, 2019

Looking at the current trends across the Factory Automation and Machine Vision market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Factory Automation and Machine Vision Market Size, Status and Forecast 2019-2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Factory Automation and Machine Vision market" together with their market value. 

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Information and communication technology (ICT) have become vital part of social infrastructure. Hence, such system that permits society for better and efficient functioning is needed. The machine vision (MV) is a new concept that meets such expectations. This technology controls machine movement by processing visual information. Machine vision (MV) acts as a backbone for factory automation (FA) in any manufacturing industries. Moreover, machine vision (MV) has extended its advantage in several applications such as security, medicine, and agriculture. Machine vision (MV) automatically captures pictures & transfers files on computer. Captured pictures go through inspection. Small camera is fixed along with image sensor for capturing the image where vision software examines image and data are communicated to other peripheral devices.
In 2018, the global Factory Automation and Machine Vision market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Factory Automation and Machine Vision status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Factory Automation and Machine Vision development in United States, Europe and China.

In this study, the years considered to estimate the market size of Factory Automation and Machine Vision are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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