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WirelessDevNet.com Press Release
Machine Vision Gets Smarter
Wellingborough, UK – Smart cameras, smart sensors and compact vision systems all have one thing in common; they are leading the charge in the field of machine vision with above average growth, according to a new report by IMS Research. The world hardware market is estimated to have been worth over $1.5 billion in 2007 and is forecast to grow to $2.1 billion in 2012.
Unit shipments are predicted to grow faster than revenues as prices are steadily chipped away. “The reasons for this are well understood”, commented John Morse, author of the report. “Developments in software and sensor technology help manufacturers to produce greater functionality per dollar to reduce prices”.
Morse continued, “Market growth in machine vision is above the average for industrial automation in general but there are substantial regional differences; not surprisingly Asia Pacific is expected to grow fastest”.
If you would like an interview with an expert in this area, please contact Alison Bogle, Marketing Manager, at Alison.Bogle@imsresearch-usa.com or +1 412-441-1888.
About IMS Research
IMS Research is a supplier of market research and consultancy services on a wide range of global electronics markets. The company’s headquarters are in Wellingborough, UK with offices in Austin, Texas and Shanghai, China. IMS Research regularly publishes detailed research on industrial automation markets, among others. www.imsresearch.com
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