Last Updated on August 30, 2020 by Henry John
Computer vision is a field of artificial intelligence that trains computers to interpret and understand the visual world. Its solutions are critical for the development of AI-powered technologies such as self-driving cars, autonomous drones, industrial robots, and augmented reality headsets, among numerous other technologies.
Companies that manufactures/develop critical components of computer vision systems are in all rights computer vision companies. This includes computer vision chip makers (SoCS and LoCS) and companies offering full computer vision solutions.
Like AI, computer vision technologies have been around for a while and are beginning to gain mainstream traction as technologies advance.
It is expected that the deployment of 5g will boost numerous technologies and increase demand for them, including those that relies on computer vision solutions. #Find out the number 1 5g stock.
This in turn will increase demands for computer vision solutions and technology components.
The Computer Vision Market was valued at USD 13.75 Billion in 2019 and is projected to reach USD 24.03 Billion by 2027, growing at a CAGR of 7.8% from 2020 to 2027, according to a report by VerifiedMarketResearch.
Here are the top computer vision stocks traded publicly to consider investing in:
1. Ambarella, Inc. (AMBA)
Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition (HD), video capture, analysis, sharing, and display worldwide.
The company’s system-on-a-chip designs integrated HD video processing, image processing, computer vision functionality, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.
Its solutions enable the creation of video content for wearable cameras, automotive cameras, drones, and virtual reality cameras, as well as Internet Protocol security cameras for professional use and home security and monitoring.
The company sells its solutions to original design manufacturers and original equipment manufacturers through its direct sales force and distributors.
Ambarella, Inc. was founded in 2004 and is headquartered in Santa Clara, California.
2. Cognex Corporation (CGNX)
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide.
Its machine vision products are used to automate the manufacture and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.
The company offers VisionPro software, a suite of patented vision tools for advanced programming; Cognex Designer that allows customers to build vision applications with a graphical, flowchart-based programming environment; and Cognex deep learning vision software.
It also provides general-purpose vision systems for vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; and vision sensors for vision applications, such as checking the presence and size of parts; the In-Sight product line of vision systems and sensors.
In addition, the company offers ID products comprising DataMan image-based barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications.
It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators.
The company was founded in 1981 and is headquartered in Natick, Massachusetts.
3. Himax Technologies, Inc. (HIMX)
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.
The company operates in two segments, Driver IC and Non-Driver Products.
It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices.
The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry.
In addition, it offers digital camera solutions, including complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, machine vision, and ultra-low power smart sensing, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, home appliance, and Internet of Things.
The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers.
Himax Technologies, Inc. was founded in 2001 and is headquartered in Tainan City, Taiwan.
4. CyberOptics Corporation (CYBE)
CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide.
Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity.
The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.
It also provides SMT electronic assembly alignment sensor products, including LaserAlign sensors for incorporation into pick-and-place machines; and InPrinter Inspection Camera, which identifies fiducial markings on a circuit board to ensure accurate board registration prior to placement of solder paste.
In addition, the company offers 3D solder paste inspection sensors; inspection system products primarily used in the semiconductor and SMT electronic assembly industries for process control, inspection, and metrology; AOI products to inspect circuit boards after component placement; and 3D solder paste measurement machines.
Further, it provides general industrial metrology products and services, such as CyberGage 360, which are used as in-line or offline metrology tools; and sells 3D scanning and metrology equipment manufactured by other suppliers and provides 3D scanning and metrology services, as well as provides WaferSense family of products that provide measurements of critical factors in the semiconductor fabrication process.
The company sells its products to SMT electronic assembly circuit board manufacturers, end-user customers manufacturing their own circuit boards, semiconductor manufacturers, and outsourced semiconductor assembly and test companies through independent sales representatives and distributors.
CyberOptics Corporation was founded in 1984 and is headquartered in Minneapolis, Minnesota.
5. LightPath Technologies, Inc. (LPTH)
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies.
The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light.
Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries.
The company sells its products directly to customers in North America, Europe, and China, as well as through distributors and channel partners in the United States and internationally.
LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.