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Food, Transportation Are Vision Growth Areas

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The semiconductor and electronics industries remain the largest consumers of North American machine vision systems, but food and transportation are also key markets, according to a study that the Automated Imaging Association released at the 1997 Robots and Vision show in April.
North America's machine vision market grew by 13.5 percent in 1996, reaching $1.35 billion, the report said. These revenues follow a 54 percent revenue growth in 1995. Based on capital investment expansion and industry needs for productivity and quality improvements, the report predicts that machine vision revenues will break the $2 billion mark by the year 2000.
Hamamatsu Corp. - Earth Innovations MR 2/24

Published: June 1997
Glossary
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
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