Vision Sensor Market Size

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. In the year 2025, the industry size of vision sensor is assessed at USD 4.16 billion. The growth of the global market can be primarily attributed to the increasing utilization of vision sensors in the electronic devices, for various purposes, such as on-road safety, automation, efficient governance, and others. For instance, in 2022, the electronics segment was valued at about USD 700 billion.

Global market trends such as higher demand for vision sensors in food packaging and increasing disposable income are projected to influence the growth of the market positively over the forecast period. It is noticed that in 2019, the global food packaging industry was projected to reach approximately USD 300 billion. Moreover, the spiking demand for vision sensors in the automobile industry is further expected to propel the growth of the market during the forecast period. As of 2021, the sales of automobiles worldwide dropped to about 65 million units. Vision sensors are highly used in industries such as automotive, pharmaceuticals, food packaging, and others to determine product quality. Hence, all these factors are projected to hike the market growth over the forecast period.