Thursday, May 19, 2011

Machine vision and vision-guided robotics markets expected to record 9.3% growth from 2010-2015

Industry analyst firm Marketsandmarkets, published that list the total global machine-vision system and component market at US$15.3 billion by the year 2015, with cameras and smart cameras accounting for approximately 27.3% of total revenue. It expects the global market to record a compound annual growth rate (CAGR) of 9.3% over the five-year period forecasted. The worldwide machine-vision system and components market is estimated to reach $9830.4 million in 2010, according to Marketsandmarkets. The cameras market is exhibiting the fastest growht, growing at 10.2% CAGR from 2010-2015 as a result of the lower costs and ease-of-use of leading-edge smart cameras. The processor, software, and hardware segment is expected to reach $3641.6 million in 2015 with CAGR estimated at 8.8% over the five-year period.

The market study shows that Asia-Pacific has the largest market share and is the regional leader in growth, at 11.1% from 2010-2015, and forecasted to continue this trend. North America is the second largest market for machine vision, occupying 32.2% of 2010 market share. The rest of the world (ROW) was the smallest market for components and systems in 2010.

See more in

No comments:


Blog Archive

About Me

My photo
HD Multimedia Technology player