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
By End User
Electronics & Semiconductor
Food & Packaging
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Teledyne Technologies Inc.
IFM Electronic GmbH
Baumer Holding AG
Unique Offerings from KBV Research
Exhaustive coverage of Vision Sensor Market Size
Highest number of market tables and figures
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