MarketsandMarkets: Global Machine Vision and Vision Guided Robotics Market Worth US$15.3 billion by 2015

DALLAS, May 17, 2011 - According to a new market research report, "Global Machine Vision and
Vision Guided Robotics Market (2010 - 2015)", published by MarketsandMarkets
(www.marketsandmarkets.com), the total global machine vision system
and component market is expected to be worth 15.3 billion USD by 2015, out of
which the camera & smart camera will account for nearly 27.3% of the total
revenues. The global market is expected to record a CAGR of 9.3% from 2010 to
2015.

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The machine vision system and component market has advanced very fast to
meet the growing demand for traditional and non-traditional applications
areas. Advancement in processing capabilities has made the machine vision
systems more powerful; coupled with the development of smart camera and new
interfaces. These advancements have also increased processing power, reduced
cost and operational complexities, thereby increasing the scope of machine
vision technology for a wider application. The global machine vision system
and components market is estimated to reach $9,830.4 million in 2010; growing
at an estimated CAGR of 9.3% from 2010 to 2015.

Amongst all the market segments, the optics, lighting & frame grabbers
commanded the largest share in terms of revenues in 2010, while camera &
smart camera came second in terms of revenues. However, camera & smart camera
is the fastest growing market, growing at a CAGR of 10.2% from 2010 to 2015,
due to the higher demand for smart camera because of its lower cost of the
system and easy to install and use. Processor, software, and hardware market
is expected to reach $3,641.6 million in 2015 with an estimated CAGR of 8.8%
from 2010 to 2015.

At present, Asia Pacific region dominates the global machine vision
system & component market, which is also the fastest growing region, at a
double digit CAGR of 11.1% from 2010 to 2015 and this trend is expected to
continue in the forecasted period as well; followed by North American region,
the second largest market for machine vision, which occupied market share of
32.2% of the overall market in 2010. However, ROW was the smallest market for
machine vision system & components in 2010.

Scope of the report

This report analyzes the global machine vision markets based on:

    - Machine vision products:

    - Camera & smart camera
    - Optics, lighting and frame grabber
    - Processor, software and hardware
    - Miscellaneous components

    - Camera technology

    - Area and line scan cameras
    - Camera by frame rates
    - CCD and CMOS sensor
    - Cameras by color

    - Applications:

      - Industrial

        - Automotive
        - Semiconductor
        - Glass
        - Metal
        - Wood and paper
        - Pharma and cosmetic
        - Container & packaging
        - Medical devices
        - Printing
        - Food
        - Other industrial

      - Non-industrial

        - Transportation, Traffic management, and road safety
        - Security & surveillance
        - Medical Imaging & lab automation
        - Postal & logistic
        - Document processing
        - Military & defense
        - Other non-industrial

    - Market players

      - Camera & smart camera manufacturer
      - Sensors manufacturers.
      - Processor and frame grabber manufacturers
      - Machine vision cable manufacturers
      - Machine vision lightings manufacturers
      - Machine vision system manufacturers
      - LED manufacturers
      - R&D equipment manufacturers
      - Distributors and value added resellers

In addition to market sizes and forecasts, the report also provides a
detailed analysis of the market trends and factors influencing market growth,
offering in-depth geographic analysis of the machine vision systems and
component markets in the U.S., Europe, Asia Pacific, and Rest of the World
(ROW). The report draws the competitive landscape of the global machine
vision market, providing an in-depth comparative analysis of the
technological and marketing strategies adopted by key players in order to
gain an edge over their competitors.

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