[Page 2] VDMA: European machine vision industry to grow 12% in 2014

July 2, 2014
Total sales in the European machine vision industry grew by almost 10% in 2013, according to a recent VDMA market survey, but on the horizon is an even larger gain, as the organization expects total turnover to grow by 12% in 2014.

Pictured:Imaging system automates food sorting

Additional items of note within the press release include:

  • Strong growth in Asia, as the surveyed European machine vision companies saw an increase of 28% year over year.
  • China accounted for approximately 9% of total European machine vision turnover
  • North America purchased almost 13% more, year over year, from Europe.
  • European manufacturers of application-specific and configurable systems increased turnover by 12%.
  • European manufacturers of compact systems such as intelligent cameras and vision sensors increased turnover by 20%.
  • European manufacturers of machine vision components increased turnover by 6%.
  • The German machine vision industry increased turnover by 8% in 2013, mainly from exports, which saw a 15% increase in 2013.
  • The German machine vision industry is expected to grow by 10% in 2014.

In addition, the VDMA identified a number of trends and predictions to keep an eye on going forward. These include:

  • Quality assurance-related machine vision technology is on the rise, particularly in China.
  • The demand for non-industrial applications will rise faster than manufacturing applications, especially in intelligent traffic systems, logistics, medical engineering and security.
  • The agricultural sector represents a potential high growth area.
  • The automotive industry will continue to remain the most important industrial customer for machine vision in the foreseeable future.
  • 3D applications will become more popular.

View the press release.
View an accompanying presentation.

Also check out:
Global expansion aids record-setting 2013 for German machine vision market
North American machine vision sales up 10% in first quarter 2014
New VDMA Robotics and Automation managing director discusses the state of the industry

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About the Author

James Carroll

Former VSD Editor James Carroll joined the team 2013.  Carroll covered machine vision and imaging from numerous angles, including application stories, industry news, market updates, and new products. In addition to writing and editing articles, Carroll managed the Innovators Awards program and webcasts.

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