Factory Automation and Machine Vision Market is Booming Massively by 2020

Posted by Katheine Silway on April 20th, 2021

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).

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.