Common Standards Expected to Boost Machine Vision Technology
SAN JOSE, CAAs machine vision technology rapidly expands to meet market demands, developing a common standard is necessary to increase the system component and capability options available to end users, and to make systems more appealing.
New analysis from Frost & Sullivan’s World Machine Vision Inspection System Markets reveals that the industry generated revenues totaling $1.12 billion in 2002. Total market revenues could reach $2.62 billion in 2009, but a lack of common standards may affect this figure.