Press Release

Food and Beverages Segment is Expected to Dominate the Global Commercial Solar Lights Market

Increased Demand for Robotics and Rapid Technological Advancements drive the market in the forecast period.

 

According to TechSci Research report, “Global Commercial Solar Lights Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”. The Global Commercial Solar Lights is anticipated to project robust growth in the forecast period with a CAGR of 14.20% through 2028. Machine vision provides machines with a gift of sight, complementing or replacing manual inspection tasks, using cameras and image processing. Machine vision applications range from basic tasks, like presence detection, to real-time inspection and grading tasks in harsh environments.

Manufacturing firms worldwide realize the benefits of machine vision systems, particularly in areas where redundant tasks, like inspection, should be performed with precision. They are playing an essential role in high-speed production lines and hazardous environments. Some of the significant benefits offered by these systems include increased productivity, reduced machine downtime, and tighter process control.

 

Browse over xx market data Figures spread through 188 Pages and an in-depth TOC on "Commercial Solar Lights Market"

 

Based on End-user Industry, Food and Beverage segment will dominate the market, The food and beverage sector is one of the most significant markets for machine vision systems owing to growing safety culture and stringent government regulations forcing companies to adopt advance inspection procedures as a part of automation. The uniform and systematic application of machine vision in the food industry over the past decade is mainly attributed to continual developments in constituent methodologies, such as image processing and pattern recognition. Moreover, technological advancements have permitted feasible implementation of these machines at lower cost.

Inspection of food (concerned predominantly with defects or contaminants), quality control, and in some cases, assembly control of more complex foods (pizzas and layer cakes) during the processing of food are some of the major areas of scope where the machine vision systems find applications. For instance, chocolate inspection is one such application where machine vision is utilized to control the amount of chocolate that reaches the product. Any change in the amount of chocolate may either increase the cost of the product or break the layer of chocolate, leading to product failure or consumer dissatisfaction. The rapid development in the computer technology and improved expectations of the customers and regulatory bodies have boosted the demand for food quality and safety, resulting in the increasing adoption of automated systems in the food industry.

Based on Region, North America is Expected to Hold a Significant Share in the Market, North America is a substantial market for vendors offering solutions for machine vision. The regional market is expected to grow significantly over the forecast period, owing to the early adoption of automation in the manufacturing and healthcare industries. In North America, the sales of machine vision components and systems that provide vision intelligence to robots and other machines increased significantly in 2018, according to AIA, the industry trade group, and part of the Association for Advancing Automation (A3).

In July 2019, Microchip Technology Corporation introduced its Smart Embedded Vision Initiative. The new ecosystem utilizes Microchip’s low-power PolarFireFPGAs with a series of high-speed imaging interfaces, intellectual property for image processing, and an enhanced ecosystem of outside partnerships. This initiative is designed to bolster machine vision advances for applications such as industrial, medical devices, automotive, and aerospace.

In November 2019, First Sensor AG collaborated with a Canadian expert to produce image sensors for industrial visual inspection in the field of machine vision. The project has a duration of seven years.

Beckhoff Automation introduced new TwinCAT Vision software at the US Pack Expo 2019. It adds a comprehensive image processing feature into the range of machine control programming and runtime in TwinCAT 3 (a software system with real-time control). It also enables users to harness the benefits of GigE Cameras on diverse machines and lines without requirements for separate, third-party vision systems. Such innovations by vendors, both in terms of hardware and software, are expected to amplify the market demand over the forecast period.

 

Key market players in the Global Commercial Solar Lights Market are following:-

  • Cognex Corporation
  • Keyence Corporation
  • Omron Corporation
  • ISRA Vision AG
  • IDS Imaging Development Systems GmbH
  • National Instruments Corporation
  • MVTec Software GmbH
  • Sony Corporation
  • Teledyne DALSA
  • Toshiba Corporation

 

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“The 2D and 3D machine vision systems market is primarily driven by the increasing demand for automation across industries, coupled with rapid technological advancements. These systems enable automation and robotics to perceive and interact with their environment accurately. Additionally, the integration of artificial intelligence and deep learning enhances their capabilities, improving image recognition and object tracking. Growing applications in quality control, robotics, and autonomous vehicles further boost the market. As industries strive for greater efficiency and data-driven decision-making, the demand for machine vision systems continues to rise, fostering innovation and market growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

2D & 3D Machine Vision Systems Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by Component (Hardware, Software), Product (PC-based, Smart Camera-based), End-user Industry (Electronics and Semiconductors, Automotive, Medical Devices, Pharmaceutical, Food and Beverage, Other Industry Verticals), By Region, By Competition 2018-2028 has evaluated the future growth potential of Global Commercial Solar Lights Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Global Commercial Solar Lights Market.

 

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