The prime catalyst behind the projected growth is the increasing use of smart cameras and smart sensors.
IMS consulted manufacturers and users for its study and concluded there is a great need for "smart" solutions to machine vision. Features should be integrated into cameras, and setup and use should be easy. As a result, revenues from the frame grabber market are expected to decline substantially. And machine-vision systems will rely more on Ethernet devices for communication.
IMS Research, a British firm, supplies market research and consultancy services on global electronics markets.
