PUBLISHER: KBV Research | PRODUCT CODE: 1450719
PUBLISHER: KBV Research | PRODUCT CODE: 1450719
The Europe Vision Sensor Market would witness market growth of 10.6% CAGR during the forecast period (2023-2030).
Vision sensors play a role in the food and beverage industry for quality control and inspection. They can identify defects, contaminants, or inconsistencies in food products during the production and packaging processes, ensuring compliance with quality standards. In textile and apparel manufacturing, vision sensors are used for fabric inspection, pattern recognition, and quality control. These sensors help identify defects, ensure accurate cutting and stitching, and maintain consistency in the production of textiles and garments.
The integration of edge computing with vision sensors is a prominent trend. Edge computing involves processing data closer to the generation source, reducing latency, and enabling real-time decision-making in applications where immediate response is crucial, such as autonomous vehicles and industrial automation, adopting edge computing enhances the efficiency of vision sensor systems. Integrating vision sensors with artificial intelligence (AI) and machine learning algorithms is a transformative trend. AI-driven vision systems can analyze and interpret visual data, learn from patterns, and make intelligent decisions. This trend is particularly evident in applications like facial recognition, object detection, and anomaly detection, where AI enhances the capabilities of vision sensors.
According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. automotive sector with its varied products, encompassing volume, premium, and niche vehicles. Vision sensors play a crucial role in developing autonomous vehicles, providing real-time data for navigation, object detection, and decision-making in the UK. Thus, all these factors will uplift the regional market's expansion in the coming years.
The Germany market dominated the Europe Vision Sensor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $475.9 million by 2030. The UK market is exhibiting a CAGR of 9.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 11.4% during (2023 - 2030).
Based on Sensor Type, the market is segmented into Less Than 3D, 3D, and Others. Based on End User, the market is segmented into Automotive, Consumer Electronics, Electronics & Semiconductor, Pharmaceuticals, Food & Packaging and Others. Based on Application, the market is segmented into Inspection, Code Reading, Gauging, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Vision Sensor Market Report Segmentation
By Sensor Type
By End User
By Application
By Country