Revised: Common Industrial Standards Expected to Boost Machine Vision Technology

„Revised: Common Industrial Standards Expected to Boost Machine Vision Technology System Markets\r\n
\r\nSAN JOSE, Calif., Feb. 6 /PRNewswire/ — As machine vision technology rapidly expands to meet sophisticated market demands, developing a common standard is necessary to increase the system component and capability options available to end users, and to make systems more appealing.“;“New analysis from Frost & Sullivan (www.testandmeasurement.frost.com ), World Machine Vision Inspection System Markets, reveals that the industry generated revenues totaling $1.12 billion in 2002. Total market revenues could reach $2.62 billion in 2009.\r\n
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\r\n\“The lack of operating standards within the machine vision industry creates difficulties in developing and operating vision systems and end users often cannot connect desired components,\“ says Frost & Sullivan Research Analyst Sunderraju Ramachandran. \“Conflicts between components, computer software and hardware technologies, and user interfaces reduce credibility for the industry as a whole as there exists no plug-and-play for a generic system.\“\r\n
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\r\nWith the industry working toward making machine vision technology irreplaceable in the inspection and quality control processes, research and development budgets are likely to be strained.\r\n
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\r\nEnd users want systems based on technology that is more robust, have greater potential applications, and add value. Simpler user interfaces that allow comfortable interaction with the system, regardless of the level of technical knowledge, are also in demand. Other areas that need additional focus include optical character and pattern recognition algorithms, resolution and image mapping.\r\n
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\r\nIncreasing buyer awareness of the vastly improved capabilities of machine vision systems is also important to overcome lingering skepticism or misinformation created by the earlier less capable systems.\r\n
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\r\nInnovation is the key to success in this market. With processes in the automotive, electronic, semiconductor, food and pharmaceutical industries requiring more high-technology vision systems, products that have greater flexibility, the ability to inspect multiple parts and handle product changeovers seamlessly and efficiently without major reprogramming, are the order of the day.\r\n
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\r\nFrost & Sullivan will hold a conference call at 1:00 p.m. (EST)/ 10:00 a.m. (PST) on February 11, 2003 to provide a summary and analysis of the latest developments in machine vision inspection system markets. Those interested in participating in the call should send an e-mail to Julia Rowell at jrowell@frost.com with the following information for registration:\r\n
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\r\nFull name, Company Name, Title, Contact Tel Number, Contact Fax Number, E-mail. Upon receipt of the above information, a confirmation/pass code for the live briefing will be e-mailed to you.\r\n
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\r\nFrost & Sullivan is a global leader in strategic growth consulting. This ongoing research also includes market analysis of the World Automotive Test Equipment Markets and World ATE Services Markets. Frost & Sullivan also offers custom growth consulting to a variety of national and international companies. Executive summaries and interviews are available to the press.\r\n
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\r\n World Machine Vision Inspection System Markets\r\n
\r\n Report: A246\r\n
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\r\n Contact:\r\n
\r\n Julia Rowell\r\n
\r\n P: 210.247.3870\r\n
\r\n F: 210.348.1003\r\n
\r\n E: jrowell@frost.com\r\n
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\r\n www.frost.com\r\n
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\r\nSource: Frost & Sullivan“;0;100;5;“admin“;““;0;““;0;0;0;0;0