Texas Instruments Incorporated, Cognex Corporation and Teledyne Technology Incorporated are Dominating the Global Computer Vision Market in 2020

Global Computer Vision Market is expected to grow with the CAGR of 5.3% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-computer-vision-market

Global Computer vision market is a fragmented, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global computer vision market are introducing strong range of hardware and software portfolio. This helped companies to maximize the sales with enhanced service portfolio.

For instance,

  • In March 2021, Clarifai, Inc. partnered with CheckMarc to reduce the spread of offensive images, videos, and text content and increase the company’s product reliability. This move would help the company to grow and enhance its reputation across the globe.

Texas Instruments Incorporated is the dominating player in global Computer vision market. The other key players existing in the market includes  Cognex Corporation, Omron Corporation, Teledyne Technologies Incorporated, Texas Instruments Incorporated, Intel Corporation, Sony Corporation, ISRA Vision AG, Baumer, MVTECH Software GmbH, Clarifai Inc., Tordivel Inc., SICK AG, JAI A/S, CEVA Inc., Synopsys Inc., Keyence Corporation, Cadence Design Systems Inc., National Instruments Corp., Basler AG, Ametek Inc., and among others.

Computer Vision Market Texas Instruments Incorporated

Texas Instruments Incorporated is headquartered in Texas, U.S. which was established in 1951. The company is engaged in manufacturing of analog and embedded product which provide unique facilities for the consumers. The product categories of the company include industrial, automotive, personal electronics, communication equipment, enterprise systems and industrial segment is market focused category

  • In September 2018, Texas Instruments Incorporated launched a new product that could make its own decision, which can significantly help automobile industries. It is designed using CMOS radar sensor, with a microcontroller, a radio frequency. This was a product for the future as it’s a unique concept. This product helped to gain reliability and trust for the company among customers.

The company has presence in North America, Europe, Asia-Pacific, South America, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Texas Instruments Japan Ltd. (Japan), Texas Instruments Korea Limited (Korea), Texas Instruments Taiwan Limited (China), Unitrode, (U.S.), and among others.

Cognex Corporation

Cognex Corporation is headquartered in Massachusetts, U.S. and it was established in year 1981. The company is engaged in manufacturing of vision systems, software, sensors for industrial and public sector application. Some of the product category includes machine vision, barcode readers, deep learning solutions and the market focused category is machine vision.

  • In October 2020, Cognex Corporation upgraded In-Sight D900 with a Deep Learning Vision System. This upgradation gave an essential feature of distinguishing numerous colors, which can be used for many assembly verifications and defect detection applications with key features such as easy detection, quick response, and cost-effectiveness. This product has wide applications such as industrial, public service, and healthcare, which will help the company expand its market.

The company has presence in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Cognex Asia Inc. (U.S.), Cognex Enshape GmbH (Germany), Cognex Europe B.V. (Netherlands) and among others.

Teledyne Technologies Incorporated

Teledyne Technologies Incorporated is headquartered in California, U.S. which was established in 1960. The company is engaged in manufacturing of instrumentation, digital imaging, aerospace & defense electronics. The product categories of the company include industrial, healthcare, aerospace & defense, scientific, MEMS foundry out of energy segment is market focused category

  • In May 2021, Teledyne Technologies Incorporated launched a new 2k and 4k line scan camera, which was designed keeping compactness and size in mind. It was 45% smaller than the original line camera. The cameras are available in 2k and 4k resolutions in monochrome and bilinear color. This product was unique as it can be used for various applications, and due to the versatility, it’s a unique asset for the company.

The company has presence in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Flir Systems (U.S.) Teledyne e2v (U.K.), Teledyne Instruments (U.S.), LeCroy Ltd (U.S.) and among others.