Machine vision is the process of applying a range of technologies & methods to provide imaging-based automatic inspection, process control and robot guidance in industrial applications. Machine vision tends to focus on applications, mainly in manufacturing, e.g., vision based autonomous robots and systems for vision based inspection or measurement. This implies that image sensor technologies and control theory often are integrated with the processing of image data to control a robot and that real-time processing is emphasised by means of efficient implementations in hardware and software. It also implies that the external conditions such as lighting can be and are often more controlled in machine vision than they are in general computer vision, which can enable the use of different algorithms.

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"According to the new market research report, "Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor) and Software (Deep Learning and Application Specific)), Product (PC Systems and Smart Camera Systems), Application, Vertical, and Geography - Global Forecast to 2022", the overall machine vision market is expected to be valued at USD 14.43 Billion by 2022, growing at a CAGR of 8.15% between 2016 and 2022. The major factors driving the growth of the machine vision market are the increasing need for quality inspection and automation across industry verticals, surge in demand for vision-guided robotic systems in automotive, pharmaceutical, food and packaging, and industrial sectors, and growing demand for application-specific machine vision systems."

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