string(27) "www.mvpromedia.com/article/" Next Page

German machine vision market performance update

  • By Neil Martin

IN 2018, the German machine vision market was “…able to maintain the record level of 2.6 billion euros set in the previous year.”

The figure was released as part of an update from the VDMA Robotics and Automation Association.

The update highlighted that last year the German robotics and automation sector achieved record sales of €15bn, an increase of 4%.

Wilfried Eberhardt, Chairman of the VDMA Robotics and Automation Association, said: “The new record shows that worldwide demand for robotics and automation technologies from Germany remains high. However, the general political uncertainty and cooling of the global economy led to a more moderate growth than originally expected.

“Continuing global economic uncertainties do not permit a precise forecast for 2019. We are currently expecting growth of between 2% and 5% in the current year.”

The VDMA statement added: “According to a preliminary analysis of the 2018 data, the development in the sub-sectors varied: with an increase in sector sales of 9% to a total of 8.3 billion euros, Integrated Assembly Solutions was able to continue its dynamic growth course of the previous year. This was due, in particular, to a very high order backlog and strong domestic business.

“In 2018, Machine Vision was able to maintain the record level of 2.6 billion euros set in the previous year. Robotics, on the other hand, only slightly missed the previous year’s sales record of 4.2 billion euros and closed 2018 with industry sales of 4.1 billion euros. This is mainly attributed to the weakness in automobile sales – especially in the main market China.”

Get more stories like these Subscribe Sign in