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Machine Vision Market Size

The integration of ai based deep learning software in machine vision is expected to fuel the growth of the machine vision market for software during the forecast period. The ability of machine vision systems to process massive amounts of information in a just a few seconds is a major factor driving the market.

Deep Learning In Machine Vision Market Analysis Provides

Machine Vision Market Trends Rising Opportunities Size

Machine Vision Market Size Share Analysis Industry Demand

Global machine vision market analysis.

Machine vision market size. Based on component the market comprises smart camera embedded system frame grabber lighting and lenses. The global machine vision market reached a value of us 91 billion in 2018. By application the market is divided into positioning identification verification measurement and flaw detection. The global machine vision market is expected to grow at a cagr of 98 from 2017 to 2025. The market is further projected to reach us 146 billion by 2024 exhibiting a cagr of 82 during 2019 2024. Deep learning based machine vision software helps in. The global machine vision system market size is expected to reach 187 billion by 2022 from 106 billion in 2015 growing at a cagr of 87 from 2016 to 2022. Machine vision market for software component expected to grow at higher cagr than hardware during forecast period. Machine vision system market outlook 2022. According to verified market intelligence the global machine vision market was valued at usd 796 billion in 2017 and is projected to reach usd 1411 billion by 2025 growing at a cagr of 74 from 2018 to 2025. The global machine vision market size is expected to reach usd 1824 billion by 2025 at a 77 cagr during the forecast period according to a new report by grand view research inc.