The Latin America, Middle East and Africa Vision Sensor Market would witness market growth of 15.7% CAGR during the forecast period (2018 – 2024).
High demand for vision sensors in the usage of part detection and automotive measurement is the main driving force for the global vision sensor market over the period of forecast. Furthermore, the expanded automation industry and the rapidly growing advanced automation technology are the driving forces behind the growth of the vision sensors market due to the essential use of vision for automation in manufacturing products worldwide. In addition, the vision sensor market will be driven through the forecast period by high product innovation in vision sensors, such as working capabilities in harsh conditions, and 3D vision sensors supplied by key players.
Based on Sensor Type, the market is segmented into Less Than 3D Vision Sensors, 3D Vision Sensors, and Others. Based on Application, the market is segmented into Inspection, Gauging, Code Reading, and Others. Based on End User, the market is segmented into Automotive, Electronics & Semiconductor, Consumer Electronics, Pharmaceuticals, Food & Packaging, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Basler AG, Sick AG, Datalogic, Balluff, Teledyne Technologies Inc., IFM Electronic GmbH, Keyence Corporation, Baumer Holding AG, and Cognex Corporation.