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The global industrial machine vision market is expected to see strong growth in the next few years, reaching a value of $16.18 billion in 2028. This growth can be attributed to factors such as increased adoption of explainable AI, advancements in hyperspectral imaging, and integration with augmented reality and virtual reality. Major companies in this market include Siemens AG, Sony Corporation, and Panasonic Corporation. Other key drivers and trends include the growing demand for automation and the integration of machine vision with edge computing and IoT.
