TechNavio today launched its report Global Machine Vision and Vision Guided Robotics Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Many vendors are developing high-resolution cameras that provide more accurate and clear results and output. Machine vision technology is rapidly evolving, and therefore the market creates opportunities for high-resolution cameras. Many end-users prefer high-resolution cameras to improve their accuracy. Additionally, the development of high-resolution cameras helps vendors improve the interoperability features in the market. The increasing adoption of high-bandwidth applications is one of the challenges in the market, and the vendors are developing next-generation products to tackle this problem. Therefore, the vendors are developing next-generation machine vision components and products, and these products are expected to enhance the market potential in the future.”
According to the report, the Global Machine Vision and Vision Guided Robotics market receives major demand through the digitalization of machine vision products. Many end-users prefer digitalized machine vision products such as digital cameras and digital interfaces as they increase the functional operability of the systems. For instance, the demand for digital cameras has increased, and the rate of adoption of digital cameras is faster than the rate of adoption of analog cameras.
Further, the report also discusses that one of the major challenges faced by the market is the high level of price wars among the competitors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/oBWkc
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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