Study Finds Thriving U.S. Machine Vision Market
The U.S. machine vision and imaging industry had a strong 2005 and will likely experience continued growth in 2006.
According to the recent study Machine Visions Markets-2005 Results and Forecasts to 2010, in 2005 smart cameras, in particular, enjoyed a 19.1 percent increase in units sold and a 14.4 percent jump in revenue. The study, which was conducted by the Automated Imaging Association (AIA, Ann Arbor, MI), also found that sales of application-specific machine vision systems increased 13.6 percent.
"Machine vision markets in North America continue to display strength and vitality, with 2005 results building upon the record sales figures of 2004," says Paul Kellett, AIA director of market analysis. "All indications point to continued growth in 2006, as companies continue to invest in technologies such as machine vision that can help them become stronger global competitors."
The Automated Imaging Association, which has approximately 250 member companies in 24 countries, has been conducting an annual market survey for more than a decade. This year's study includes an in-depth look at component markets, product details for new components and systems, export analyses, an in-depth look at market and technology trends, and an overview of major market participants. To obtain a complete copy of the study, visit www.machinevisiononline.org or call 734-994-6088.