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Frost & Sullivan

Higher demand of machine vision systems to be seen in F&B

January 31, 2022 by Cath Isabedra

The machine vision industry is projected to see positive growth in the next 3 years, according to analysis conducted by Frost & Sullivan. Market opportunities are driven by increasing demand for automation to boost operations and productivity, particularly in the food and beverage industry. The industry is estimated to reach $14.02 billion in revenue by 2025, up from $10.28 billion in 2020. Annual growth rate is expected to be at 6.4%, with the Asia-Pacific region being the largest and … [Read more...] about Higher demand of machine vision systems to be seen in F&B

Other Topics: artificial intelligence, Automation, food automation, food manufacturing, food manufacturing equipment, food manufacturing tech, food processing, Food tech, food technology, food technology innovations, food technology systems, Frost & Sullivan, machine vision, machine vision industry, machine vision systems, Robotics

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