Zion Market Research Machine Vision Market, 2016–2024 | Page 3

Machine Vision Market On the other hand, high cost for maintenance costs of machine vision devices is the main reason hampering the growth of global machine vision market. The high cost of transportation is one of the reasons that are decreasing the growth of the global market. Lastly, high cost for raw material is also one of the significant reasons that are restraining the growth of the global market. Global Machine Vision Market: Segmentation Based on the types of component, the global machine vision market is mainly classified as FPGA, processor, microcontroller, DSP, optics, microprocessor, LED lighting, frame grabber, application specific, deep learning, and others. On the basis of product, the global market is divided into smart camera-based machine vision system and PC-based machine vision system. Based on the application, the global market for machine vision segmented into positioning and guidance, quality control and inspection, identification, measurement, recognition, and others. On the basis of the camera, the global market is bifurcated into interface standards, sensor type, format, frame rate, and others. Based on the industrial verticals, the global market for machine vision segmented into consumer electronics, automotive, printing, electronics & semiconductor, wood & paper, metals, rubber & plastics, food & packaging, glass, pharmaceutical, solar panel manufacturing, machinery, and others.