Market
As recently as 2006, one industry consultant reported that MV represented a $1.5 billion market in North America. However, the editor-in-chief of an MV trade magazine asserted that "machine vision is not an industry per se" but rather "the integration of technologies and products that provide services or applications that benefit true industries such as automotive or consumer goods manufacturing, agriculture, and defense."
As of 2006, experts estimated that MV had been employed in less than 20% of the applications for which it is potentially useful.
Read more about this topic: Machine Vision
Famous quotes containing the word market:
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—Willa Cather (1876–1947)
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—Robert Frost (1874–1963)
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—Geoffrey Chaucer (1340?–1400)