Machine Vision Camera Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Machine Vision Camera Market is expected to register a CAGR of approximately 9% over the forecast period (2021 - 2026). The machine vision technology uses an image-recognition algorithm to the object within the image. It facilitates a more detailed and accurate picture of the object without distortion for the applications such as automation, robotics, agriculture drones, and 3D modeling.
Key HighlightsThe market for Machine Vision Camera is moderately consolidated with a few numbers of dominating players in the market. The companies are adopting strategic partnerships and new product development strategies to gain more market share and presence across the world. The companies are also focusing on increasing their product portfolio for machine vision camera accessories.
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