High Demand for Smart Vision Sensors to Propel Vision Sensor Market Growth

The vision sensor market generated revenue worth $2.5 billion in 2019 and is expected to reach $9.2 billion by 2030, while displaying a CAGR of 12.7% during the forecast period. The growth will be driven by the surging demand for vision sensors from the automobile industry, advent of Industry 4.0, and increasing adoption of smart vision sensors.

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Vision Sensor Market – Latest Trends and Demand Forecast, 2020-2030

The global vision sensor market is predicted to register a CAGR of 12.7% between 2020 and 2030, reaching $9.2 billion by 2030 from $2.5 billion in 2019. Among all the regions, Asia-Pacific is expected to register the fastest growth during the forecas