Market study shows positive outlook
Staff -- Test & Measurement World, 5/1/2006
A new market study from the Automated Imaging Association (AIA) indicates that 2005 was a good year for the machine-vision and imaging industry and that continued growth is expected for 2006. The study, entitled Machine Vision Markets—2005 Results and Forecasts to 2010, reports that smart cameras saw the strongest growth in 2005, with a 19.1% increase in units and a 14.4% jump in revenue. Sales of application-specific machine-vision systems rose 13.6% in units and 6.4% in revenue.
"All indications point to continued growth in 2006, as companies continue to invest in technologies such as machine vision that can help them become stronger global competitors," said Paul Kellett, AIA's director of market analysis. The study costs $1395 ($995 for AIA members). www.machinevisiononline.org.
