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Overview Global Machine Vision Market 2018, Demand by Regions, Share and Forecast to 2023

united states, 7 December 2018 -- Over the past few years, the global machine vision market has witnessed a healthy growth. The trend of product miniaturization has increased the demand for machine vision systems as they play an important role in inspecting defects in both industrial and non-industrial applications.

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According to the latest report by IMARC Group, titled “Machine Vision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global machine vision market reached a value of US$ 8.4 Billion in 2017. Machine vision (MV) refers to the technology which performs image-based automatic inspections by employing video cameras, digital signal processing (DSP) and analog to digital conversion (ADC). The data captured is then transferred to a computer for further analysis and to provide the desired output. The two main aspects of machine vision systems are sensitivity and resolution. Sensitivity refers to the machine’s capability of inspecting objects in dim light or detecting weak impulses at invisible wavelengths, whereas resolution assists in differentiating objects. Nowadays, machine vision systems are gaining traction as they help in lowering production cost, increasing productivity, improving quality and reducing equipment cost.

Global Machine Vision Market Trends:

The ongoing trend of product miniaturization has made machine vision systems vital for inspecting measurements and defects in miniaturized products. These systems can inspect minute details which may otherwise be too small for the human vision to detect.

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Media Contacts:
IMARC Group
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Email:
Website: https://www.imarcgroup.com
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Submitted by Imarc Group, IMARC Group on Friday, 7 December 2018 at 5:57 PM
Category: Enterprise Technology
 
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