North America Machine Vision Market Forecast 2017-2025

NEW YORK, Oct. 11, 2017 /PRNewswire/ --

KEY FINDINGS
North America Machine Vision Market was valued at $2318.1 million in 2016. The market is predicted to generate $4718.3 million by 2025, growing at a CAGR of 7.96% for the forecast period of 2017- 2025.

Read the full report: https://www.reportlinker.com/p05138424

MARKET INSIGHTS
Factors like a profitable integration of cloud technology with machine vision and the potential application of machine visions in the industrial internet of things (IIOT) are providing the market with conceivable growth opportunities. The market is segmented by type, by component, by applications, and by end-users. Although the prospects look ood, factors like the difficulty in implementation of machine visions and a dearth of skilled professional required for managing this technology is challenging the market growth.

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SOURCE Reportlinker

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