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Machine Vision Market Contracts in 2012, Gains Expected in 2013

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ANN ARBOR, Mich., March 19, 2013 — Total sales of machine vision components and systems fell more than 4 percent in 2012, but they are expected to rebound in 2013, according to statistics from industry trade group AIA. The overall North American vision market totaled $1.8 billion in 2012. Some segments, such as cameras, lighting and imaging boards, saw increased sales, while the market declined for optics, software, smart cameras and application-specific machine vision systems. “In 2012 the vision market in North America suffered from a slowdown in the second half of the year, caused in part by the...Read full article

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    Published: March 2013
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    AIAAlex ShikanyAmericasBusinesscamerasConsumerImagingindustrialJeff Burnsteinmachine visionMichiganNorth American machine vision salesOptics

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