Machine Vision Market is projected to grow USD 25.02 billion by 2030 at a CAGR of 7.10%
The Global Machine Vision (MV) Market is projected to grow from USD 11.01 billion in 2021 to USD 25.02 billion by 2030 at a CAGR of 7.10% during the forecast period. Digital cameras and image processing are used in machine vision technologies to supplement manual measurements and inspections. By evaluating a picture, it can give the needed information and operate machinery or processes. Different sectors use this technology to automate production, boost productivity, and enhance product quality. A machine vision system operates continually, is faster, and is more objective. Machine systems are better suited for repetitive inspection tasks since they can quickly inspect hundreds or even thousands of items. The market is projected to be driven by the rising need for automation and quality inspection across various industrial sectors. Furthermore, the demand for vision-guided robotic systems in the packaging, food and beverage, pharmaceutical, and chemical industries is anticipated to dr