Analysis on Impact of COVID-19 - Machine Vision Market 2020-2024

By: Technavio
 
 
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Machine Vision Market

Industry:
Business

Location:
Elmhurst - Illinois - US

ELMHURST, Ill. - July 7, 2020 - PRLog -- The machine vision market and it is poised to grow by USD 4.42 billion during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Basler AG, Cognex Corp., Datalogic Spa, FLIR Systems Inc., JAI AS, Keyence Corp., OMRON Corp., Sony Corp., Teledyne DALSA Inc., and Toshiba Teli Corp. are some of the major market participants. The increase in demand of machine vision systems from APAC will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increase in demand of machine vision systems from APAC has been instrumental in driving the growth of the market.

Machine Vision Market 2020-2024: Segmentation

Machine Vision Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our machine vision market report covers the following areas:
• Machine Vision Market Size
• Machine Vision Market Trends
• Machine Vision Market Industry Analysis
This study identifies the incorporation of thermal inspection in machine vision systems as one of the prime reasons driving the machine vision market growth during the next few years.

Machine Vision Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the machine vision market, including some of the vendors such as Basler AG, Cognex Corp., Datalogic Spa, FLIR Systems Inc., JAI AS, Keyence Corp., OMRON Corp., Sony Corp., Teledyne DALSA Inc., and Toshiba Teli Corp. Backed with competitive intelligence and benchmarking, our research reports on the machine vision market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact- https://www.technavio.com/talk-to-us?report=IRTNTR43479&a...

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Tags:Machine Vision Market
Industry:Business
Location:Elmhurst - Illinois - United States
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