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Teledyne DALSA - Linea HS2 11/24 LB

European Vision to See Growth

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Frost & Sullivan of San Jose, Calif., has released the results of a study of the European industrial vision systems markets that suggest revenues will almost quadruple by 2006. Total market revenues are expected to rise from $574.9 million in 1999 to $2.1 billion, driven by flexibility in automation and growth in the electronic components market. The largest market sectors are for one- and two-dimensional metrology, guidance and web inspection systems. The report notes that no company plays a dominant role in the market; 81.6 percent of the firms control a market share of less than...Read full article

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    Published: September 2000
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    Businessindustriallight speedmetrology

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