The machine vision market is projected to reach US $ 17.2bn by 2027 from US $ 12.0bn in 2022 at a CAGR of 7.4 % during the forecast period
The automotive machine vision market is expected to grow at a CAGR of 9.7 % from 2021 to 2028 , driven by the increasing demand for advanced driver assistance systems ( ADAS ) and autonomous vehicles