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smart vision sensors market size is expected to reach USD 31.73 Billion at a revenue CAGR of 18.6% in 2028, according to latest analysis by Emergen Research. Rapid market revenue growth can be attributed to increasing use of smart vision sensors in end-use industries such as electronics & semiconductors, pharmaceuticals, and food & beverage, among others. Use of smart vision sensors in industrial settings has garnered significant traction over last couple of years. These sensors deliver several benefits over host-based systems and provide innovative functionalities in measurement, inspection, and various other vision-based applications. In industrial-settings, smart vision sensors aid in decision making associated with localized pass/fail, networked management capabilities, and I/O part rejection. This results in smaller system footprints and in turn, simplifies and streamlines machine vision applications. Majority of such sensors enable manufacturers and system integrators in the customization for image enhancement, object measurement, and feature location, among others.

Increasing use of machine vision is a key factor fueling market revenue growth. Machine vision is immensely beneficial for quantitative measurement of a structured scene owing to its precision, speed, and repeatability. As an instance, machine vision camera system on a production line is capable of inspecting numerous part/minute and can easily scrutinize object details that is not possible for human eye. Also, machine vision helps in eradicating physical contact between a test system and items/parts to be tested, thereby averting possibility of any damage and removes maintenance time and expenses linked with wear & tear caused to mechanical components. Additionally, machine vision improves safety and enhances operational benefits by decreasing need for human involvement in a production process.

Smart Vision Sensors market that offers key insights about the regional and global scope of the Smart Vision Sensors market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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The research report offers details about leading companies in the global Smart Vision Sensors market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.

The report also discusses the key players involved in the market such as Datalogic SPA, Aquifi Inc., Omron Corporation, Isra Vision AG, Baumer, Ximea GmbH, Baster AG, Qualitas Technologies, SensoPart Industriesensorik GmbH, and Cognex Corporation. and others as well as new entrants in the market.

Some Key Highlights From the Report

In January 2021, LMI Technologies, which is a firm engaged in 3D scanning & inspection, acquired FringeAI, which is a firm engaged Artificial Intelligence and Industrial Internet of Things/5G inspection solutions.

By product type, 2D smart vision sensors segment accounted for a significantly large revenue share in 2020. 2D vision finds application in aiding in tasks associated with inspection, positioning, reading, and measuring. It is especially beneficial in applications requiring high contrast, or in applications where object color or texture is crucial.

By technology, MEMS segment revenue is expected to expand a rapid rate over forecast period. MEMS technology enables smart vision sensors to handle and maintain considerable volumes of data, which is collected by the sensor and processed with the help of a microprocessor. Primary benefits of MEMS technology are low power consumption, enhanced reproducibility, better precision, and increased selectivity and sensitivity.

The report further segments the global Smart Vision Sensors market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

Emergen Research has segmented the global smart vision sensors market on the basis of product type, technology, connectivity, application, industry vertical, and region:

Product Type Outlook (Revenue, USD Million; 2018–2028)

2D Smart Vision Sensor

3D Smart Vision Sensor

Others

Technology Outlook (Revenue, USD Million; 2018–2028)

MEMS

CMOS

Others

Connectivity Outlook (Revenue, USD Million; 2018–2028)

Wired

Wireless

Application Outlook (Revenue, USD Million; 2018–2028)

Inspection

Code Reading

Gauging

Localization

Others

Industry Vertical Outlook (Revenue, USD Million; 2018–2028)

Electronics & Semiconductors

Automotive

Pharmaceuticals

Food & Packaging

Others

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

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Smart Vision Sensors Market Segmentation based on Regions:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)

Excerpts from the summary:

Chapter 1: Smart Vision Sensors Market Overview, Drivers, Restrictions and Opportunities, Segmentation Overview

Chapter 2: Market competition by manufacturers

Chapter 3: Production by regions

Chapter 4: Consumption by Regions

Chapter 5: Production, by types, revenue and market share by types

Chapter 6: Consumption, by applications, market share (%) and growth rate by applications

Chapter 7: Profiling and comprehensive analysis of Producers

Chapter 8: Production Cost Analysis, Raw Material Analysis, Regional Production Expenses.

Chapter 9: Industrial chain, sourcing strategy and downstream buyers

Chapter 10: Marketing strategy analysis, distributors / merchants

Chapter 11: Smart Vision Sensors Market Effect Factors Analysis

Chapter 12: Market Forecasts

Chapter 13: Smart Vision Sensors Research findings and conclusions, Appendix, methodology and data source.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

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