Mitsubishi Electric, Sony Form AI Vision Sensor Venture, Launch October 2026

According to Sony Semiconductor, Mitsubishi Electric and Sony Semiconductor Solutions agreed on July 22 to establish a joint venture called Advanced Vision Solutions Co. Ltd. The venture will combine Sony's image sensors and edge AI capabilities with Mitsubishi Electric's factory automation technology to deliver on-sensor AI vision solutions for manufacturing, quality inspection, equipment monitoring, and maintenance. Operations are scheduled to begin in October 2026, pending regulatory approvals.

The industrial machine vision market is projected to grow at a compound annual growth rate of 8.3%, from US$15.83 billion in 2025 to US$23.63 billion by 2030.