Automotive Machine Vision Market 2018-2027: Trends, Opportunities, and Forecasts | Techsci Research

TechSci Research's report titled "Automotive Machine Vision Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027" predicts that the global market for automotive machine vision will experience significant growth during the forecast period of 2023-2027. This growth is expected due to the increasing demand for technological automation in the automotive industry. The deployment of autonomous vehicles, along with the advancement of SAE Level 3 and 4 technologies, will further contribute to the growth of the global automotive machine vision market over the next five years. Additionally, growing concerns for driver safety and a shift towards safety-critical functions being performed by the vehicle itself will also support market growth during this period. The introduction of technological advancements such as Light Detection and Ranging (LiDAR) sensors and advanced driver assistance software (ADAS) will further substantiate the growth of the global automotive machine vision market over the next five years.