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Mobile robots grow precision gearbox market
The global market for precision gearboxes used in industrial robots was worth just over $1 billion in 2023.Read more
Machine vision players opt for acquisition route for growth
While many new vendors are entering the machine vision market, global corporations are investing in acquiring technology and expertise in each of the machine vision component sectors, says Jonathan Sparkes.Read more
3D cameras to drive machine vision market growth
Revenue for 3D machine vision cameras is expected to grow from $767 million in 2022 to almost $1.6 billion in 2028, with particularly strong growth projected for time-of-flight and stereo-vision cameras, says Jonathan Sparkes.Read more
Machine vision market aims CAGR of 6.4% between 2022 and 2028
The machine vision market is anticipated to recover from 2025 onwards, in line with Interact Analysis’ predictions for manufacturing and machinery production growth.Read more