The global multi-camera vision systems market is anticipated to grow at a CAGR of 9.8% during the forecast period. The growth of the market is attributed to the factors including acquisitions, collaborations, and product launches adopted by the key market players. For instance, In April 2021, NODAR Inc., the leading provider of long-range 3D vision technology, secured $12 million in Series A funding led by global venture capital firm New Enterprise Associates (NEA) with participation from existing investor Rhapsody Venture Partners. The funds used for R&D and further productization of NODAR's core technology, as well as expanded sales and marketing initiatives.
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In addition, partnerships, collaborations, and acquisitions strategies enable key market players to expand their offerings, enter new markets, technology integration, innovation, and research. This innovation drives market growth by meeting the evolving needs of businesses and providing solutions that deliver increased efficiency and accuracy in financial processes. In June 2023, e-con Systems launched a multi-camera solution that enhanced the capabilities of the Qualcomm Robotics RB5 Kit, which is a heterogeneous computing platform that integrates advanced connectivity and high-accuracy AI technology. The e-con module enabled the integration of up to six cameras into the RB5 kit.
Global Multi-Camera Vision Systems Market Report Segment
By Type
- 2D Vision Systems
- 3D Vision Systems
By End-User
- Automotive & Transportation
- Healthcare
- Manufacturing
- Industrial
- Others (Retail & E-Commerce, Government & Defense)
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Multi-Camera Vision Systems Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Allied Vision Technologies GmbH
· Ark Vision Systems GmbH & Co KG
· Basler AG
· Baumer Holding AG
· HAMAMATSU Group
· IDS Imaging Development Systems GmbH
· MVTec Software GmbH
· Nextsense GMBH
· Novasis Innovazione Srl
· OMRON Corp.
· OPTEX GROUP CO., LTD.
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