Transparency Market Research has published a new report, titled “Vision Sensors Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”According to the report, the primary reason fuelling the demand for vision sensors is the burgeoning growth of the electronics and electrical industry. With an increasing demand for consumer electronics, the uptake of vision sensors will continue to rise. These sensors also find extensive use in the automotive sector for measurement and part detection. Advancements in automation will also have a positive impact on the growth of the global vision sensors market.
With improvements in technology, the capability of vision sensors to work even in harsh conditions will also boost the demand of these sensors. Additionally the development of 3D vision sensors by leading players is also positively influencing the market. There is also a high demand for vision sensors from the bar code scanning application area. On the downside, installation cost and high cost of production will be some of the issues that will hamper the market to some extent.
On the basis of end user, the market is segmented into food and beverages, automotive, cosmetics, retail and consumer goods, electrical and electronics, and packaging. Of these, the food and beverage and automotive sectors will be promising end use areas for vision sensors.
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On the basis of geography, North America currently holds the leading position among all other regional markets for vision sensors. The demand for inspection and verification on the packaging as well as consumer goods industry will drive the growth of North America vision sensors market. The Western part of Europe will be the second most lucrative regular market for these sensors. Asia Pacific excluding Japan will also witness high growth in the forecast period on account of the rapid growth in electronics and manufacturing industries. Japan is predicted to make significant progress in the vision sensors market on account of the high use of vision sensors in automotive sector for part detection. The Middle East and Africa region will witness moderate growth in the coming few years.