AIA foresees solid growth for machine-vision market in North America
Overall, year-over-year growth hit 68%, up from second quarter 2010 at 60% and first quarter 2010 at 34%, according to the Automated Imaging Association’s (AIA; Ann Arbor, MI, USA) “Quarterly Machine Vision Sales Tracking Report.”
Sales of machine-vision components and systems in North America rose substantially in 3Q10. Overall, year-over-year growth hit 68%, up from 2Q10 at 60% and first quarter 2010 at 34%, according to the Automated Imaging Association’s (AIA; Ann Arbor, MI, USA) “Quarterly Machine Vision Sales Tracking Report.”
The report shows 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.
The study also discloses that 68% of companies submitting data for the report expect sales to improve in the next six reported months; that is, 4Q10 through 1Q11. Of the remaining companies, 28% anticipate sales at or near the level reached in 3Q10, and just 4% believe that sales will decrease.
“These results are very impressive, leaving little doubt that the recovery in the North American machine vision market is real and sustainable,” notes Paul Kellett, AIA’s director of market analysis.
“Based on industry expectations, we expect the recovery to continue at least another six months,” Kellett adds. He will provide more details and analysis on Jan. 20, 2011, at the AIA Business Conference in Orlando, FL, which is open to AIA members.
-- Posted by Vision Systems Design