The Asia Pacific Vision Processing Unit Market would witness market growth of 20.3% CAGR during the forecast period (2019-2025).
In the coming years, APAC's Vision Processing Unit Market is anticipated to encounter profitable development possibilities. This region's demand is attributed to the existence of multiple start-ups of AI processors, which are probable to provide the VPU companies with significant development opportunities in the near future. In addition, APAC is the home to major producers of drones and smart camera suppliers that integrate VPUs into their products. The Tello drone utilizes Intel Movidius Myriad 2 VPU chip used in DJI aircraft, and features such as instant take-off and landing are displayed. Samsung has also launched a new AI-enabled processor or chip, the Exynos 9 Series 9810.
The Vision Processing Unit (VPU) market is driven primarily by the growing adoption of machine vision systems along a diverse range of vertical industries including consumer electronics and automotive, among others. In addition, it is expected that the advent of Artificial Intelligence (AI) and machine learning technologies needed to program the systems will assist market growth. Different robots with vision abilities are progressively being introduced across the manufacturing and automotive industries for various purposes, including product inspection, quality control, assisting in the different production stages, and security and monitoring among others. In addition, the increasing advances in cars in particular, the autonomous vehicles are expected to have a positive effect on the industry.
Based on Fabrication Process, the market is segmented into >16-28 NM Node and Equals to16 NM Node. Based on Application, the market is segmented into Smartphones, ADAS, Drones, Cameras and Others. Based on End User, the market is segmented into Consumer Electronics, Automotive, Security & Surveillance and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co. Ltd., Intel Corporation, NXP Semiconductors N.V., Cadence Design Systems, Inc., MediaTek, Inc., Inuitive Ltd., Synopsys, Inc., Verisilicon Holdings Co., Ltd., Lattice Semiconductor Corporation and Google, Inc.
Market Segmentation:
By Fabrication Process
By Application
By End User
By Country
Companies Profiled
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