The global robot vision system market is likely at $2,690.4 million in 2023 and expected to grow at a compound annual growth rate of 10.4 percent during the forecast years of 2023-2033, according to a report by Fact.MR.
In order to improve job efficiency and replace human labour, the market for robots is rising and is anticipated to rise more during the coming year.
The market is expanding as a result of increased adoption of machine vision systems and the use of cognitive humanoid robots in end use industries such as automotive industry and others. [Read more…] about Demand for robot vision system set to surpass $7 million by 2033