Currently, industrial machine vision in China is mainly applied in three major sectors: 3C electronics, semiconductors, and automotive. In the future, with the transformation and upgrading of industries and the development and innovation of machine vision, industrial machine vision solutions will be applied in more industries to improve automation levels and production efficiency. The increasing popularization of artificial intelligence brings new opportunities for the development of industrial machine vision solutions. With the gradual maturity and application of cutting-edge technologies, industrial machine vision solutions will become more intelligent and automated.
With the upgrade of major application areas of machine vision (such as consumer electronics, semiconductors, automotive, etc.), the demand for machine vision solutions is gradually expanding. The market scale of machine vision products in China's industrial sector has increased from about 8 billion yuan in 2020 to 268.3 billion yuan by 2024, with an annual compound growth rate of over 30%. It is expected to exceed 600 billion yuan by 2029.
