How will Automation Trend Benefit the Machine Vision Market?

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How will Automation Trend Benefit the Machine
Vision Market?
Rapidly evolving technology and a digitally
focused world have paved the way for advanced
automation to enter the workforce. The desire to
reduce human interference in various operations,
with a need to fasten processes, has enhanced its
demand. Automating processes with central control
calls for strict inspection by using visual
cameras and inspection software, and has
generated the demand for machine vision. Machine
vision (MV) is a technology that facilitates a
computational device to identify, assess, and
analyze still or moving images. This process
involves integrating several components like
digital cameras, back-end hardware, and software
for image processing. It enables to visually
inspect products and guide robots in real time
without the need for operator intervention.
Overview Market Share Dynamics According to
Triton Market Researchs estimates, the global
machine vision market is likely to advance with a
CAGR of 7.55 during the forecasted period
2022-2028. The need for proper defect detection
and the surging trend of miniaturized products
are prime drivers to the market. On the contrary,
limited awareness pertaining to MV systems is
vastly restraining the markets growth. Moreover,
the dearth of professionals to operate these
systems and the complications encountered while
deploying them also create hurdles in the growth
path. Global Machine Vision Market Segmentation
Trends Machine vision is considered a remarkable
technological advancement as it provides
innovative solutions in the direction of
industrial automation for various manufacturing
processes. Today, various end-user verticals have
incorporated machine vision technology in their
processes, which has led to its
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• increased demand. In addition, rapid development
  is seen in MV technology. Thus, newer types of
  imaging systems are available today, with robust
  components, and are used for a range of purposes,
  thereby creating greater benefits for the users.
• Check out key Segmentation Trends that Shape the
  Market
• Machine vision sees huge potential in the
  healthcare vertical. Quality control is very
  important in the field of healthcare-related
  manufacturing, and the implementation of MV
  systems plays a major role in achieving the
  highest accuracy. In February 2018, Dubai
  strengthened its position as a global leader in
  medical technology, by launching the Mobilis
  (MOdern BIonic LImb Solutions) smart factory. The
  plant facilitates advanced manufacturing
  processes like IoT, cloud computing, and robotics
  to produce prosthetic and orthotic devices.
• 3D machine vision systems perform multiple
  inspections and are equipped with advanced
  cameras, sensors, processors, and illuminators.
  3D type systems are the most dynamically
  performing MV systems. One of the most eminent
  and widely used 3D imaging products is the
  Microsoft Kinect for the gaming console Xbox 360,
  which uses the structured light principle for
  calculating depth. Other common 3D imaging
  techniques include stereo vision, laser
  triangulation, interferometry, and time of flight
  (TOF).
• Camera is a vital hardware component that plays
  an important role of capturing images. The
  segment is driven primarily by smart cameras.
  Smart camera-based machine vision systems are in
  high demand due to their advanced technology,
  ease of installation, low cost, and user-
  friendliness. With rapid adoption, this equipment
  is slowly capturing the market. In June 2021,
  Teledyne FLIR launched A500f and A700f smart
  sensor-based cameras. They offer high-
  temperature detection and condition monitoring
  for extreme environments and are paired with
  on-camera analytics and alarm capabilities.
• Inspection is one of the prime applications of MV
  systems and is crucial for assuring product
  quality. Inspecting products helps detect
  functional flaws, contaminants, and other
  defects. Some examples include inspecting
  displays to confirm pixel presence or verifying
  icons, assessing medicine tablets for flaws, or
  monitoring touch screens to measure backlight
  contrast levels. In August 2021, OMRON
  Corporation introduced the PCB inspection system
  as a part of its VT-S10 Series. It is enabled
  with AI to automate the inspection process with
  high-precision and features an industry-first
  imaging technique, eliminating the need for
  specialist skills.
• Future Scope - Smart Manufacturing
• In this global race towards greater automation,
  machine vision is not only being used in
  traditional industrial sectors, but is also
  conquering brand new areas. Several organizations
  are using these advanced systems in a bid to
  reduce manufacturing cost time, enhance
  flexibility, gain better process control, and
  easily oversee daily processes. This is
  facilitating the shift towards upgradation to
  completely automated smart factories to stay
  ahead of intense competition.
• Additionally, with high market attractiveness,
  numerous global players have begun investing
  heavily in the machine vision market. They are
  also engaging in research and development
  activities to make their

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systems more efficient and cost-effective. The
adoption of automation by the manufacturing
sector has thus led to a technological
renaissance, thereby propelling the growth of the
machine vision market. FAQs Q 1) What are the
different types of machine vision systems? 1D,
2D, and 3D are the different types of machine
vision systems used. Q 2) Which are the different
verticals in which MV systems are
used? Automotive, electronics semiconductors,
healthcare, food packaging, and other
industries are the key areas where machine vision
systems are being adopted.