Tuesday 12 June 2018

Machine Vision System Market and Vision Guided Robot Market are Anticipated to Grow at a CAGR of 7.2% and 13.2% Respectively During the Forecast Period 2018-2025

Automotive segment garnered the lions share in the global machine vision system market due to the surging applications of these systems in such a mass production industry
Industrial robots are on the edge of transforming the face of automotive industry. Machine vision plays a crucial role in the automotive sector as it functions like the brain and eyes of the blind robotic bodies working in the manufacturing plants. As per a research, the automotive industry is one of the largest consumers of automation equipment. If calculated, one single automobile unit can have more than 12,000 precision parts that are to be placed at the correct place. Being a high volume industry, automotive industrialists are traditionally focused upon mass-production and thus cater to the need for machine vision systems.

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