The machine vision market for the electronics and semiconductor industry is highly competitive, with a mix of international players and small and mid-sized component manufacturers. Several smaller players or startups innovating in specific segments, such as lenses, software, and artificial intelligence (AI) in machine vision systems, are also present.
With the growing need to automate high-quality inspection tasks in the electronics and semiconductor space, machine vision industry participants offering lower-cost solutions portfolios and innovative business models have a competitive advantage. Standard machine vision system components include industrial cameras, frame grabbers, illumination and optics, software, and services.
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