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Vision Sensor market size to reach $4.6 billion by 2024 scrutinized in new research

AA semiconductor

The design and structure of vision sensors systems consist of a display, interface, video camera, and a computer processor to automate the industrial processes. These sensors are widely implemented for pass/fail decisions, measurement, and other observable characteristics pertaining to the product quality. These parts are integral to the manufacturing processes as they primarily focus upon increasing the efficiency. With the help of images captured by the camera, vision sensors can be used to determine orientation, presence and accuracy of the parts.


According to a new report Global Vision Sensor Market, published by KBV research, the Global Vision Sensor Market size is expected to reach $4.6 billion by 2024, rising at a market growth of 11.8% CAGR during the forecast period.

The Asia Pacific market would dominate the Global Vision Sensor Less Than 3D Vision Sensors Market by Region by 2024, growing at a CAGR of 11.7 % during the forecast period. The Europe market is expected to witness a CAGR of 10% during (2018-2024).

Additionally, The North America market is expected to witness a CAGR of 9.7% during (2018-2024).


The Inspection market dominated the Global Vision Sensor Market by Application 2017. The Gauging market is expected to witness a CAGR of 10.8% during (2018-2024).

Additionally, The Code Reading market is expected to witness highest CAGR of 13.3% during (2018-2024).

The Automotive market dominated the Global Vision Sensor Market by End User 2017, growing at a CAGR of 10.5 % during the forecast period. The Electronics & Semiconductor market is expected to witness a CAGR of 10.9% during (2018-2024).

The Consumer Electronics market is expected to witness a CAGR of 13.4% during (2018-2024). Additionally, The Pharmaceuticals market is expected to witness highest CAGR of 13% during (2018-2024).

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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Omron Corporation, Basler AG, Sick AG, Datalogic, Balluff, Teledyne Technologies Inc., IFM Electronic GmbH, Keyence Corporation, Baumer Holding AG, and Cognex Corporation.

Global Vision Sensor Market Size Segmentation

By Sensor Type

Less Than 3D Vision Sensors

3D Vision Sensors

Others

By Application

Inspection

Gauging

Code Reading

Others

By End User

Automotive

Electronics & Semiconductor

Consumer Electronics

Pharmaceuticals

Food & Packaging

Others

By Geography

 

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Omron Corportation

Basler AG

Sick AG

Datalogic

Balluff

Teledyne Technologies Inc.

IFM Electronic GmbH

Keyence Corporation

Baumer Holding AG

Cognex Corporation

Unique Offerings from KBV Research

Exhaustive coverage of Vision Sensor Market Size

Highest number of market tables and figures

News From

KBV ResearchKBV Research
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