Trade Resources Company News Total Sales of Machine Vision Components and Systems Fell Over Four Percent in 2012

Total Sales of Machine Vision Components and Systems Fell Over Four Percent in 2012

Total sales of machine vision components and systems fell over four percent in 2012, but are expected to rebound in 2013 according to new statistics issued by AIA, the industry's trade group.

North American Machine Vision Market Contracts in 2012, Gains Expected in 2013

"In 2012 the vision market in North America suffered from a slowdown in the second half of the year caused in part by the uncertainty over the U.S. Presidential election as well as a cooling manufacturing environment," said Jeff Burnstein, AIA President. "However, based on surveys of our members, we see an optimistic outlook about the economy and North American manufacturing, which indicates a likely return to growth in 2013."

The overall North American vision market totaled $1.8 billion in 2012. While some segments such as cameras, lighting and imaging boards saw increased sales last year, optics, software, smart cameras and application specific machine vision systems sales declined.

Alex Shikany, AIA's Director of Market Analysis, said "the contraction in machine vision sales in 2012 was not surprising, as many companies reduced capital equipment expenditures late in the year." Shikany added, "Despite the decline, the industry's historical trend-line still points upward."

AIA's Quarterly Machine Vision Sales Tracking Report is available free of charge to all AIA members participating in AIA's sales data program. In addition to its quarterly sales tracking report, AIA's comprehensive Machine Vision Camera Study is available at a discounted rate to AIA members. AIA also prepares studies on special topics, which it makes available to all AIA members free of charge on its website, Vision Online.

Source: http://www.packagingdigest.com/article/523068-North_American_machine_vision_market_contracts_in_2012_gains_expected_in_2013.php
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North American Machine Vision Market Contracts in 2012, Gains Expected in 2013