Bharat Book Bureau Provides the Trending Market Research Report on “Latin America Machine Vision Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2028” under Services Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK

Bharat Book Bureau’s report states that the Latin America Machine Vision Market is anticipated to advance at a compound annual growth rate of 6.78% during the years 2021-2028. Brazil, Mexico, and Rest of Latin America outline the market in this region.
Mexico has a well-established manufacturing sector in the region, attracting several investments across aerospace, automotive, electrical, electronic, and semiconductor. These investments are anticipated to increase the demand for machine vision systems across the region in the upcoming years. Further, the country is observing a boost in the automotive industry, with key companies like Honda, Nissan, and Mazda setting up new high-volume facilities in the country. Hence, such developments hold the potential to widen the growth of the machine vision market.


In Rest of Latin America, Chile and Peru are witnessing a surge in the industrial sectors owing to increasing foreign investments. As per World Bank, these countries are considered safe and stable economies, making them favorable among international companies. Earlier, the ATCO Group invested significantly in port infrastructure in Chile, stating its plan to adopt advanced control systems and automation technologies. Thus, such investments supplement the growth of the machine vision market across the region.

COMPETITIVE OUTLOOK
The key companies in the machine vision market consist of Allied Vision Technologies GmbH, Baumer Optronic GmbH, Jai AS, Flir Systems Inc, USS Vision Inc, Omron Corporation, and National Instruments Corporation.

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https://www.bharatbook.com/report/1188427/latin-america-machine-vision-market

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