Study says worldwide machine vision market may be on road to recovery
Sept. 28, 2009
SEPTEMBER 28, 2009--– The worldwide machine vision market appears to be on the road to recovery after a very difficult six months, according to IMS Research (Wellingborough, UK; www.imsresearch.com), which has tracked it by quarter for the past two years.
Data for 2Q09 indicate that the EMEA and American markets leveled out and EMEA experienced only a slight decline on the previous quarter. Asian revenues grew sequentially 10% after a very large first quarter decline. The two graphs clearly illustrate reasons for hope, say researchers, but the question is will the improvements be sustained? John Morse, who manages the machine-vision tracker from the company's headquarters in the UK, believes it will, although recovery is likely to be steady rather that meteoric.
"IMS Research runs market trackers for many industrial automation product groups as well as machine vision," says Morse. "The tracker aggregates data submitted by companies that supply a great variety of machine-vision related products; feedback from the participants suggest that it is fast becoming an important general industry indicator and forecasting tool. New machine-vision suppliers are always welcome to participate as the more participants, the greater the accuracy of the data the tracker provides."
-- Posted by Vision Systems Design, www.vision-systems.com