Machine Vision - Market

Market

As recently as 2006, one industry consultant reported that MV represented a $1.5 billion market in North America. However, the editor-in-chief of an MV trade magazine asserted that "machine vision is not an industry per se" but rather "the integration of technologies and products that provide services or applications that benefit true industries such as automotive or consumer goods manufacturing, agriculture, and defense."

As of 2006, experts estimated that MV had been employed in less than 20% of the applications for which it is potentially useful.

Read more about this topic:  Machine Vision

Famous quotes containing the word market:

    the old palaces, the wallets of the tourists,
    the Common Market or the smart cafés,
    the boulevards in the graceful evening,
    the cliff-hangers, the scientists,
    and the little shops raising their prices
    mean nothing to me.
    Anne Sexton (1928–1974)

    I respect not his labors, his farm where everything has its price, who would carry the landscape, who would carry his God, to market, if he could get anything for him; who goes to market for his god as it is; on whose farm nothing grows free, whose fields bear no crops, whose meadows no flowers, whose trees no fruit, but dollars; who loves not the beauty of his fruits, whose fruits are not ripe for him till they are turned to dollars. Give me the poverty that enjoys true wealth.
    Henry David Thoreau (1817–1862)

    The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.
    Mikhail Gorbachev (b. 1931)