Food, Transportation Are Vision Growth Areas
The semiconductor and electronics industries remain the largest consumers of North American machine vision systems, but food and transportation are also key markets, according to a study that the
Automated Imaging Association released at the 1997 Robots and Vision show in April.
North America's machine vision market grew by 13.5 percent in 1996, reaching $1.35 billion, the report said. These revenues follow a 54 percent revenue growth in 1995. Based on capital investment expansion and industry needs for productivity and quality improvements, the report predicts that machine vision revenues will break the $2 billion mark by the year 2000.
LATEST NEWS
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024
- One-Step Hologram Generation Speeds 3D Display Creation
Apr 24, 2024
- Innovation Award Winners for Laser Technology Honored in Aachen
Apr 23, 2024
- Intech 2024: AI Arrives on the Shop Floor
Apr 22, 2024