Lucintel Forecasts Vision Sensor Market To Grow At A Cagr Of 11%-13%

By Author: Lucintel LLC
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According to the recent study the vision sensor market is projected to grow at a CAGR of 11%-13% from 2020 to 2025. Growth in this market is primarily driven by growth of the consumer electronics and electrical industries and high focus of manufacturing companies on cost and time saving.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in vision sensor market by sensor type (less than 3D vision sensor and 3D vision sensor), application (inspection, gauging, and code reading), end use industry (automotive, electronics, healthcare, food & packaging, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/vision-sensor-market.aspx
“Code reading market is expected to remain the largest segment during the forecast period.”
Based on application, the vision sensor market is segmented into inspection, gauging, and code reading. Lucintel forecasts ...
... that the code reading market is expected to witness the highest growth over the forecast period because code reading will be a crucial activity in industries, such as food & beverages, packaging, and logistics, in the coming years.
“Within the forensic technology market, the automotive segment is expected to remain the largest end use industry.”
Based on end use industry, the automotive segment is expected to witness the largest segment over the forecast period due to increasing demand for this sensor in inspection, identification, and localization applications.
“Asia Pacific will dominate the vision sensor market in near future.”
Asia Pacific is expected to witness the highest growth over the forecast period due to growth of the automotive, healthcare, and food & packaging industries.
Download Brochure of this report by clicking on https://www.lucintel.com/vision-sensor-market.aspx
Major players of vision sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Omron, Basler AG, Sick AG, Datalogic, Balluff, and Teledyne Technologies Inc are among the major vision sensor providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vision-sensor-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

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Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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