Color Sensors Market Trends, Dynamics & Market Insights
The Color Sensors Market is estimated to grow from USD 1.8 billion in 2020 to USD 2.9 billion by 2026 at a healthy CAGR of 8.5% during the forecast period.
Market Drivers:
A strong rise in the automation sector along with high-efficiency demands is a key driver for color sensors. Also, growing demand from the food & beverage sector who are particular about their packaging. Future advancements in optics, electronics, and software are likely to promulgate the color sensors which output the reading intensity and color value.