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3D Machine Vision Market is Expected to be Worth USD 1.63 Billion by 2020

DUBLIN, Dec. 01, 2015 — (PRNewswire) —

Research and Markets ( http://www.researchandmarkets.com/research/t3gwb4/3d_machine_vision) has announced the addition of the "3D Machine Vision Market - Global Forecast to 2020" report to their offering.

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3D machine vision market is expected to be worth USD 1.63 Billion by 2020, growing at an estimated CAGR of 10.53% between 2015 and 2020. It holds a great potential across the automation industry. It is mainly used for the quality assurance and inspection applications to provide more accuracy in the manufacturing procedures and for proper inspection in detecting flaws.

Healthcare accounted for the largest share among all non-industrial verticals of the market, followed by postal & logistics in 2014. The 3D medical imaging and lab automation inspection is leading the healthcare sector. In the logistics segment, 3D machine vision is expected to find high opportunities in bin picking and placing during the forecast period. It is also being used for postal sorting, parcel counting, and for the measurement of dimensions of the parcels.

APAC accounted for the largest share of the 3D machine vision market in 2014; the market in the region is expected to grow at a high CAGR between 2015 and 2020. Increasing consumer electronics and automotive manufacturing activities are driving this market in the APAC region.

One of the key restraining factors in this market is the lack of awareness and technical knowledge about the 3D machine vision technology.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 3D Machine Vision Market, By Component

8 3D Machine Vision Market, By Product

9 3D Machine Vision Market, By Application

10 3D Machine Vision Market, By Vertical

11 3D Machine Vision Market, By Geography

12 Competitive Landscape

13 Company Profiles

For more information visit http://www.researchandmarkets.com/research/t3gwb4/3d_machine_vision

Media Contact: Laura Wood , +353-1-481-1716, Email Contact

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SOURCE Research and Markets

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