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The global machine vision market recorded revenues of $5.6 billion in 2024, representing a decline of 3.9% compared to 2023.
The global market for lithium-ion (Li-ion) batteries is showing strong growth, driven by energy storage deliveries.
A study has predicted the recovery of the manufacturing industry for 2025, but the slowdown is “tough”
Global manufacturing industry recovery in 2025 to follow sluggish 2024
According to a study by market research company Interact Analysis, the market for industrial machine vision will grow again in 2024.