|Analysis of Global Machine Vision Equipment Market, Forecast to 2022|
|Internet of Things and Advancements in Technical Capabilities will Open a Plethora of Opportunities for Machine Vision Vendors|
Machine vision technology has been in the market for years. However, with advances in technology and with the evolution of smart factory, the past decade has seen a drastic revolution in machine vision equipment.
The different product categories within the machine vision equipment market are PC-based machine vision and smart camera–based machine vision. The proliferation of technologies and their applications within industries have created a lot of excitement for the small and medium-sized manufacturers. The market is very competitive, and to remain competitive in the market, end users demand advanced machine vision solutions to ensure greater robustness, reliability, and stability. Machine vision comprises a combination of hardware and software to capture and process images and execute their functions.