The latest industry figures show that the machine vision market in North America posted its best first half performance compared to any other year.
The Association for Advancing Automation (Ann Arbor, Michigan, US), revealed that a total of $1.241 billion was sold in the first six months of the year, with an increase of 11% over the same period in 2016. Machine vision component markets were up 11% in total to $177 million and systems increased 10% to $1.058 billion. Some notable growth rates were: Lighting (20% to $35 million), Smart Cameras (16% to $183 million), and Optics (16% to $20 million).
Experts expect software to trend up, cameras, lighting, and imaging boards to be flat, and optics to trend down over the next six months. Additionally, expectations are for Application Specific Machine Vision (ASMV) systems to increase and smart cameras to remain flat in the next two quarters.
President of A3 Jeff Burnstein said (pictured above): “Year over year, our membership has been on a steady growth trajectory, the result of more companies understanding, and embracing, the direct impact automation can have on their bottom line. We look forward to the continued advancement of our industry and helping companies of all sizes access the connections, information, and training they need to succeed with automation.”