3D Machine Vision Market worth $2.4 billion by 2025 – Exclusive Report by MarketsandMarkets™

According to the new market research report "3D Machine Vision Market with COVID-19 impact Analysis by Offering (Hardware and Software), Product (PC-based and Smart Camera-based), Application, Vertical (Industrial and Non-Industrial) & Geography – Global Forecast till 2025", published by MarketsandMarkets™, the 3D Machine Vision Market was valued at USD 1.5 billion in 2019 and is projected to reach USD 2.4 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. The rising awareness of consumers about product quality has led to an increased demand for quality inspection and automation of end products. A growing number of companies are focusing on automation systems to reduce their production costs post-COVID-19. Changes related to high-quality standards have also led to the introduction of factory automation solutions, thereby increasing the demand for 3D machine vision systems and solutions in industries.

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