Vision Sensor Market to Register 12.7% CAGR during 2020–2030

Vision sensors are utilized for a number of applications, such as localization, inspection, code reading, and gauging. The largest demand for vision sensors was created for inspection applications in the past. These sensors are used for inspecting finished components or products in electronics, automotive, and food & beverages industries. Other than the packaging industry, vision sensors are utilized in pharmaceutical, automotive, electronics, and food & beverage industries. 

Geographically, Asia-Pacific (APAC) has emerged as the largest vision sensor market, which can be attributed to the expanding automotive industry, surging population, and rising requirement for consumer electronics devices in the region. The growing adoption of electric vehicles in Japan and China is the major factor for the rising need for vision sensors in APAC.

The packaging industry is projected to create a substantial demand for vision sensors in the coming years, which can be ascribed to the rising requirement for flexible packaging, primarily in countries including China and the U.S.

In North America, the U.S. has been the major consumer of vision sensors up till, owing to the advancements in the packaging industry and growing need for vision sensors in label position checking and label inspection applications in the country.

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Hence, the demand for vision sensors is majorly driven by the growth of the packaging industry across the globe.