Machine Vision Looks Ahead to a Bright Future

  Enquire / contact me

projected to grow faster than the average

Machine Vision Looks Ahead to a Bright Future
Machine Vision Looks Ahead to a Bright Future

Revenues for machine vision hardware are projected to grow faster than the average for industrial automation, according to the latest report on this market by IMS Research. The world machine vision hardware market was estimated to be worth over $1.6 billion in 2008 and forecast to grow to over $2.1 billion by 2012. The average annual growth in revenues was projected to be 7.2%, and in unit shipments 9.0%. Fierce competition, particularly from manufacturers in the Far East, is driving average prices down. “However, there are substantial differences between the market growth expected in different regions. Two thirds of revenue growth to 2012 will come from Asia” commented John Morse, author of the report.

Posted on May 1, 2009 - (244 views)
Related articles
Roger PES will Exhibit its CapLink Solutions at PCIM Europe
Quickly identify small volume products
Enclosed Filter
Safety shock absorbers
Tiny Boost Regulator
30W Modular AC/DC Series
Miniature High-Performance Connector
Condition Monitoring Devices
Military Specification Lenses
High Performance SWIR Camera
2 in 1 Mechanical Position Sensor
The Reel That Works as Hard as you
Constand Force Spring and Clip For Carbon Brush Holder Application
High Precision Laser Scanners for profile and gap measurement
Alarm-Annunicators, Grouped Indicators, Tri-Led and Phase Presences
IR-SyM Easy Case
Sensing Incredible Things: Flow Meters
Maximum Efficiency Please.
Reflowable Thermal Switch
Regulators to maintain the desired temperature