How Will Automation Trend Benefit The Machine Vision Market?
Rapidly evolving technology and a digitally focused world have paved the way for advanced automation to enter the workforce. The desire to reduce human interference in various operations, with a need to fasten processes, has enhanced its demand. Automating processes with central control calls for strict inspection by using visual cameras and inspection software, and has generated the demand for machine vision. Machine vision (MV) is a technology that facilitates a computational device to identify, assess, and analyze still or moving images. This process involves integrating several components like digital cameras, back-end hardware, and software for image processing. It enables to visually inspect products and guide robots in real time without the need for operator intervention. Overview – Market Share & Dynamics According to Triton Market Research’s estimates, the global machine vision market is likely to advance with a CAGR of 7.55% ...