Machine Vision Market Continues Solid Recovery in North America
Sales of machine vision components and systems in North America jumped 60% in the second quarter of 2010 over the same period in 2009, according to new statistics from the Automated Imaging Association (AIA), the industry’s trade group.
Second quarter sales were also up 20% over the first quarter of 2010, indicating an acceleration in this year’s market recovery.
The new report, entitled Quarterly Machine Vision Sales Tracking Report, showed that sales were robust in all major machine vision supplier markets, including cameras, lighting, optics, imaging boards, software, application-specific machine vision systems and smart cameras.
AIA noted that 65% of companies participating in the report expect sales to improve in the second half of 2010 over second quarter 2010 results. Thirty percent anticipate sales at or near the level reached in the second quarter, and just five percent believe that sales will decrease in the second half of the year.
“These results clearly show that machine vision companies have succeeded in extending the recovery through the second quarter of 2010,” noted Paul Kellett, AIA’s Director of Market Analysis.” “If industry expectations are correct, the recovery should extend even further with solid growth in the second half of the year,” Kellett added.
The quarterly tracking report is available to all participating AIA members.
In addition to the new report and an annual market study, AIA provides regular reports on the health of the machine vision market and economic trends that impact the industry at “Market Data and Trends,” which is a special section of the Machine Vision Online website. Machine Vision Online is the world’s most important resource for machine vision and imaging information.
Founded in 1984, AIA was organized specifically to promote the understanding and use of image capture and analysis technology and now represents over 280 machine vision suppliers, system integrators, users, researchers, and consulting firms from 30 countries. In addition to the annual study, AIA is best-known for The Vision Show (May 2012 in Boston); the Automate 2011 show set for March 21-24, 2011 in Chicago; its annual AIA Business Conference (January 19-21, 2011 in Orlando) and the newly enhanced Machine Vision Online, the world’s leading online resource for machine vision information.
For more information on AIA, visit www.MachineVisionOnline.org or contact AIA Headquarters at (734) 994-6088.