As industrial automation technologies continue to proliferate in industries ranging from logistics and manufacturing to agriculture and automotive, vision systems are tasked with greater responsibility and increased demand. Whether used for inspection, product assembly or identification, traceability, or even automated checkout, machine vision is more prevalent than ever.
"We've seen machine vision move from inline modules on production lines into bigger spaces for bin picking large objects, palletizing operations, and other larger area solutions," says Steve Kinney, director of training, compliance, and technical solutions at Smart Vision Lights. "With COVID and the massive rise in automated warehousing, machine vision became normal in even larger spaces and began to be networked to interlace into other tactical operations."
"This kind of machine vision technology, coupled with the autonomous vehicle technology developed for the various mobile robots moving product within the warehouse, has now become attractive to many agricultural applications, and we see the beginnings of a potentially huge 'smart farming' market," Kinney explains. "Machine vision will now move out and become normal in the largest space of all — the real world."
As we see more applications for machine vision emerging, the market is growing accordingly. In fact, Interact Analysis projects the machine vision market to grow at an estimated compound annual growth rate (CAGR) of 6.4% through 2028, with revenues reaching $9.3 billion.
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