Vision Sensor Market Share

  • Report ID: 3163
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Vision Sensor Market Share

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.

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Author Credits:  Abhishek Verma


  • Report ID: 3163
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of vision sensor is assessed at USD 4.16 billion.

The vision sensor market size was valued at USD 3.79 billion in 2024 and is likely to cross USD 17.12 billion by 2037, registering more than 12.3% CAGR during the forecast period i.e., between 2025-2037. Growing demand for vision sensors in traffic safety will boost the market growth.

Asia Pacific industry is likely to account for largest revenue share of 45% by 2037, impelled by rising disposable income and ongoing development in automation techniques in the region.

The major players in the market include Ifm Electronic GmbH, Cognex Corporation, Basler AG, Balluff Automation India Pvt. Ltd., Datalogic S.p.A., Honeywell International Inc., Omron Corporation, Sick AG, Keyence Corporation, Siemens Aktiengesellschaft
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