NEW YORK -- Overall revenues from automated optical equipment sales will reach $6.75 billion in 2016, up from $4.50 billion in 2012, a new study says.

The research, which covers the vision systems, industrial cameras, frame grabber, optics and illumination systems, and machine vision software, says adoption in markets like transportation, surveillance, biomedicine, security and agriculture is on the rise, says Frost & Sullivan.

“The simplicity and cost-effectiveness of current machine vision solutions have enabled it to penetrate a number of adjacent markets,” a firm spokesman said.

The firm did not break out the market for printed circuit board AOI.

Frost analysts cited continuous improvements in machine vision technology, including advances in sensor, digital signal processors, field-programmable gate array and microprocessors, electronics and computing.

“The camera segment has the most potential. With technological innovations, the lines between vision sensors, smart cameras, and PC-based machine vision systems will blur,” Frost said. “The integration of robotics in machine vision technology will continue to increase through partnerships, as well as mergers and acquisitions, giving the market significant scope for growth.”