The machine vision industry is primed for continued growth in the coming decade. Built on the rapid advancement of smarter, smaller, faster and cheaper sensors and processors, the industry was estimated at about $7.9 billion in 2017. By 2023, it could grow to about $12.29 billion, according to according to a study by Research and Markets, growing at an annual rate of almost 8%.

Whether an automated machine vision system measures a spark plug’s gap, locates an assembly line item, reads 2D code, counts parts, checks for flaws or performs a host of other tasks, it is running at a greater speed and higher resolution than ever before.