Machine Vision Market To Expand Industry Growth At USD 21.17 Billion By 2028
San Francisco, 15 Dec 2021: The Report Machine Vision Market Size, Share & Trends Analysis Report By Offering (Hardware, Software, Services), By Product (PC Based, Smart Camera Based), By Application, By End-use Industry, By Region, And Segment Forecasts, 2021 - 2028 The global machine vision market size is expected to reach USD 21.17 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.9% from 2021 to 2028. The ability of machine vision systems to process a large amount of information in a fraction of seconds is a major factor driving the market. The quick processing ability of machine vision systems is paving the way for manufacturers to achieve new milestones in manufacturing products with negligible defects. Moreover, the increasing adoption of robots across the industrial sectors is leading to the application of vision-guided robotic systems. Industrial verticals such as automotive, pharmaceutical, packaging, and