Machine Vision Camera Market Expected Growth Rate Is 10.97% CAGR By 2021.

Machine Vision (MV) cameras are basically industrial cameras which are designed for high performance and challenging applications such as locating applications, measurement applications, inspection and identification applications. These cameras are basically built up on two varied types of technologies  Complementary Metal Oxide Semiconductor (CMOS) and Charge-Coupled Device (CCD); CMOS cameras taking the industrial toll in the near future.
MARKET TRENDS & MARKET GROWTH:
The growth in the Machine Vision Camera Market can be attributed to the increase in demand for the connected products and the high standards set by the industries to meet the production target.
According to the latest market research report by IndustryARC, The experts also estimate that the market will grow at a 10.97% CAGR during the forecast period of 2016-2021. The major source in terms of application, to which the success of the market will owe to, is the demand from Factory and Building Automation Applications.
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The PC-Based machine vision systems are estimated to contribute the largest market share during the forecast period. Smart camera-based systems market is expected to gain traction and grow at the highest CAGR in the next five years. These are the most sustainable product segment for the machine vision market.
Due to rise in the demand for machine vision in the non-industrial verticals such as healthcare and security & surveillance, the machine vision market finds huge opportunity to proliferate in the next five years. This report segments the machine vision market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions

REPORT SCOPE: Market Segmentation:
Machine Vision (MV) cameras Market is segmented into 5 broad types with further classifications. Broad factors being:
By Types: Vision Sensors, Smart Cameras, PC Based Systems.
By Products: Area Scan Cameras, Line Scan Cameras, Infrared Cameras, 3D Cameras, Video Cameras, Multiple Cameras and Others.
By Application: Inspection, Location Analysis, Pattern Recognition, Medical Treatment Equipment, Food & Beverage Quality, and Medicine Bottles & Packs.
By End-User Industries: Electronics and Semi-Conductors, Healthcare, Automotive, Packaging and Printing Industry, Pharmaceuticals and Others.
By Geographic Analysis: Introduction, Americas, Europe, Asia-Pacific and ROW.

Key Players:
Among a wide range of manufacturers, major players that contribute to the Machine Vision Cameras market are
 Allied Vision Technologies GmbH,
 ASENTICS GmbH & Co. KG,
 Balluff GmbH,
 Basler AG
 Baumer GmbH  Baumer Inspection GmbH.
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