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Market Forecast: Positive for Machine Vision

Photonics Spectra
Jun 2007
Caren B. Les, Associate News Editor

The machine vision and imaging industry experienced strong growth in 2006, a trend that is expected to continue in 2007, according to a study published recently by the Automated Imaging Association (AIA) of Ann Arbor, Mich. The report, titled Machine Vision Markets — 2006 Results and Forecasts to 2011, indicates that the markets for cameras and smart cameras demonstrated the strongest rise in 2006, gaining a 16.8 and a 15.2 percent increase in revenue, respectively. Growth to a lesser extent materialized in revenues for optics, software and application-specific machine vision systems.

CCDFeat_BW-lead.jpg

The historical and projected machine vision revenue (USD) is shown for components, which include cameras, optics, lighting, imaging boards and software; smart cameras; and application-specific machine vision systems (ASMV). Courtesy of the Automated Imaging Association.


Although there was an increase in lighting unit sales, the revenue in this segment was down as a result of price reductions, according to the study. Growth in the lighting industry has been negatively affected in recent years by increased competition and the emergence of the LED. Revenue from imaging board sales has experienced negative growth as a result of a decline in average unit price because of discounting that is intended to lock in sales.

Authored by Paul Kellett, director of market analysis at the association, the report suggests that machine vision sales will continue to increase in 2008 and beyond, both in the manufacturing and nonmanufacturing markets. Trends that will drive the industry include expanding core capabilities, decreasing machine vision product prices, and product miniaturization and integration, according to the study.

This year’s report includes chapters on the North American economy and related machine vision trends as well as analyses of market developments such as GigE Vision. The 294-page document provides numerous data exhibits. Visit www.machinevisiononline.org for additional information.

GLOSSARY
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
camerasCCDConsumerFeature ArticlesFeaturesimagingindustrialmachine visionoptics

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