Details:Europe Computer Vision Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2021 to 2028 and expected to reach USD 3,626.02 million by 2028.
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Computer vision systems are those systems which can see and understand the world around it just as humans, those are the computer capable of understanding digital image and videos. This is possible due to advancement in technology of vision systems, artificial intelligence, and computational power. The fundamental principles used in the systems are data or image acquisition, data or image processing, and data or image classification. Data acquired can be in the form of images or videos which are captured using high definition cameras, smart cameras, sensors, among others. Data processing is done through various trained models of machine learning algorithms, deep learning algorithms and AI algorithms. It can be used for abundant applications such as object detection, facial recognition, pattern detection among others, in various verticals such as automotive, manufacturing, healthcare, financial services, agriculture among others.
Some of the factors that are driving the market are accuracy and reliability offered by computer vision system. But threats from viruses and malwares in computer vision system can be a restraining factor for the European computer vision market growth. Growing interest towards financial services and agriculture sector are among some of the factors which can be opportunity for the market penetration. Lack of potential skilled workers to operate and maintain the system can be a major challenge for the market growth. This computer vision market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Computer Vision Market Scope and Market Size
Europe computer vision market is segmented on the basis of component, application, vertical, and product. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of component, the Europe computer vision market is segmented into
Hardware segment is further sub segmented as
• Frame grabbers,
• Led lighting,
Cameras segment is further divided by interface standards into
• USB 2.0,
• USB 3.0,
• Camera link,
• Camera link HS,
Others, by frame rate into
• Less than 25 FPS,
• 25–125 FPS,
• More than 125 FPS
On the basis of application, the Europe computer vision market has been segmented into
• Predictive maintenance,
• Positioning & guidance,
• Quality assurance & inspection.
On the basis of vertical, Europe computer vision market has been segmented into
• Industrial vertical,
• Non-industrial vertical.
• Industrial vertical segment is further sub segmented as
• Solar panel manufacturing,
• Food and packaging,
• Rubber and plastics,
• Wood and paper,
• Electronics and semiconductor,
• Consumer electronics.
On the basis of product, Europe computer vision market has been segmented into
• Smart camera-based computer vision systems,
• PC-based computer vision systems.
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Europe Computer Vision Market Country Level Analysis
Europe computer vision market is analysed and market size information is provided by component, application, vertical and product.
The countries covered in Europe computer vision market report are,
• Rest of Europe in Europe
The U.K. dominates the Europe computer vision market owing to various factors like rising adoption of AI using computer vision and growing demand for augmented reality.
Competitive Landscape and Europe Computer Vision Market Share Analysis
Europe computer vision market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe computer vision market.
The major players covered in the report are
• Texas Instruments Incorporated,
• Cognex Corporation,
• KEYENCE CORPORATION,
• AMETEK, Inc
• OMRON Corporation,
• Teledyne Technologies Incorporated,
• Intel Corporation,
• ISRA VISION AG,
• MVTEC SOFTWARE GMBH,
• Clarifai Inc.,
• Tordivel AS,
• SICK AG,
• JAI A/S,
• SONY CORPORATION,
• CEVA, Inc.,
• Synopsys, Inc.,
• Cadence Design Systems, Inc.,
• NATIONAL INSTRUMENTS CORP.,
• Basler AG,
• Among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Europe Computer Vision Market by Product & Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=europe-computer-vision-market
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