Vision Sensor Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to vision sensor market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Vision Sensor Market News

in Vision Sensor Market
  • Gates Frontier and MetaVC Partners invested USD 45 million in the Redmond-based semiconductor firm Lumotive's Series B fundraising round in March 2025. For 3D sensing in an array of use cases, including industrial robots and cars, Lumotive is creating optical chips offering performance and cost benefits over classical mechanical LiDAR systems.
  • With the launch of the Insight SnAPP vision sensor in September 2024, Cognex Corporation set a new benchmark for usability, accuracy, and utility for industrial sensing. The product adds approximately USD 1 billion to the serviced markets of Cognex and deepens the firm's penetration into the vision sensor market.
  • Iris+, the next-generation Iris LiDAR sensor from Luminar, launched in February 2024. Iris+ provides triple the range and resolution boost of its predecessor, and its more compact profile ensures easy integration into the rooflines of electric vehicles. Integration into series production vehicles is expected in 2025.
  • FSM:GO, a deployable optical sensor module system that allows robots to "see" and "analyze" their environment, was launched by FRAMOS GmbH in January 2024. FSM:GO makes the embedded vision development process simpler by integrating pre-selected sensors and perfectly aligned lenses to deliver top-notch picture quality out of the box.

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Global Vision Sensor Market size was valued at USD 1.3 Billion in 2023 and is poised to grow from USD 1.5 Billion in 2024 to USD 3.73 Billion by 2032, growing at a CAGR of 11.66% in the forecast period (2025-2032).

Large players in the competitive vision sensor market are expanding R&D and strategic collaborations. AI-driven vision sensors are being launched by players such as Cognex, Omron, and Keyence with a view to enhance performance. Mergers enable corporations to gain better access to markets, while collaborations between automation and sensor firms are enhancing product ability. Further, companies are concentrating on energy-efficient and high-resolution vision sensors to address changing industrial needs. 'SAP', 'Deloitte', 'Amplitude', 'Pegasystems', 'AppLearn Ltd.', 'Inline Manual Ltd.', 'Newired Srl', 'Pendo.io Inc.', 'Toonimo', 'Userlane', 'WalkMe', 'Whatfix'

The demand for vision sensors is being propelled by increasing automation adoption in industries such as manufacturing, electronics, and automotive. Vision sensors are being utilized by companies to minimize human intervention and enhance productivity by automating quality inspection, defect inspection, and robot guidance. The demand for smart vision sensors with AI and IoT capabilities is also being further driven by the growth of Industry 4.0 projects across the globe.

Intelligent Decision-Making with AI-Based Vision Sensors: Through facilitating real-time analysis and decision-making, artificial intelligence (AI) for vision sensors is transforming several industries. Vision sensors based on AI lower errors and boost automation in the manufacturing, shipping, and healthcare industries by classifying objects, identifying anomalies, and offering predictive analysis.

How Is North America Leading the Vision Sensor Market?

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Global Vision Sensor Market
Vision Sensor Market

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