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Yiwei Sight: Chinese Market for Machine Vision Products in Automotive Manufacturing Projected to Hit 7.4 Billion Yuan by 2029
1 day ago /
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Author：小编
Recently, during institutional research, Yiwei Sight disclosed that the market size for machine vision products within China's automotive manufacturing sector has witnessed substantial growth. It surged from 930 million yuan in 2020 to 3.11 billion yuan in 2024, marking a Compound Annual Growth Rate (CAGR) of 35.2%. Looking ahead, the market size is anticipated to keep swelling, propelled by technological advancements in automotive manufacturing production lines, a rising penetration rate of new energy vehicles, and ongoing innovations in machine vision technology. By 2029, it is projected to reach an impressive 7.40 billion yuan.
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