The computer vision section here is really well done. Cognex showing up as one of the key players makes sense given their dominance in industrial machine vision. What's interesting is how much of their future growth is tied to these emerging applications in healthcare, ag, and autonomous vehicles versus their core strenght in manufacturing. The 58 billion market size projection by 2030 feels plausible but I'm curious how much of that will be commoditized hardware versus high margin software and services. The edge computing trend you mentioned is huge for Cognex becuase it means more value add happens locally instead of being captured by cloud providers. That should help their margins hold up better than I initially thougth.
The computer vision section here is really well done. Cognex showing up as one of the key players makes sense given their dominance in industrial machine vision. What's interesting is how much of their future growth is tied to these emerging applications in healthcare, ag, and autonomous vehicles versus their core strenght in manufacturing. The 58 billion market size projection by 2030 feels plausible but I'm curious how much of that will be commoditized hardware versus high margin software and services. The edge computing trend you mentioned is huge for Cognex becuase it means more value add happens locally instead of being captured by cloud providers. That should help their margins hold up better than I initially thougth.