Asia Pacific Market Forecast
The Asia Pacific vision sensor market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market is ascribed to rising disposable income and ongoing development in automation techniques. For instance, Singapore became the country with the highest disposable income with a figure of about USD 30,000 per capita in 2021. Moreover, rising R&D in pharmaceuticals and growing penetration of major key players are further anticipated to hike the growth of the market over the forecast period.
Author Credits: Abhishek Verma
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