AIA Report: Machine Vision sales up 19% in first quarter of 2018

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  AIA Report: Machine Vision revenues up 19% in first quarter of 2018

20. June 2018 – North American integrated components and systems sales for industrial imaging increased 19% to $ 709 million in the first quarter of 2018 compared to the same period last year. According to new statistics from AIA, the industry's trading group, an all-time record has been set for quarterly sales.

The total sales of Machine Vision involves the sale of components and systems. The category of image processing components rose 28% in the first quarter to a new record high of $ 107 million. Component growth was driven primarily by camera sales, which increased 44% to $ 65 million. Optics ($ 16 to $ 12 million) and Software ($ 9 to $ 5 million) also performed well in the first quarter.

The Imaging Systems category increased 17% to $ 597 million in the first quarter of 2018. Within the system category, smart camera sales increased 26% to $ 109 million, while application-specific image processing systems (ASMV) grew 16% to $ 488 million.

"Our recent survey of industry experts found that 45% of respondents expect the market to rise in the next two quarters, predict 42% stagnation and 13% decline," said Alex Shikany, vice president – AIA , "We continue to see a demand for image processing systems that are smaller, more intuitive, more cost effective, and complementary to a more networked automation system, and it's an exciting time to be in that area with the innovation we see at every turn." [19659003] "Vision technology is now being integrated into a growing number of automation applications as technology enables new ways to solve complex challenges," said AIA President Jeff Burnstein. "Growing global trends such as autonomous vehicles, artificial intelligence and unmanned aerial vehicles (UAVs) rely heavily on vision and imaging, which is a good sign of the future of this industry."

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