The success of CoaXPress as a high-end machine vision standard has been driven by its reliability, simplicity in terms of cable and connectors, extended cable lengths, and other industry-required features such as very low jitter triggers, camera control, and power over cable. The CoaXPress Standard Version 2.0 brings a rich new set of features while remaining backwards compatible to CoaXPress 1.1.1. This is an overview of these new features along with example use cases.