SEE THE SUMMITMachine vision financial transactions climbed by more than one-third from Q1 2009 to the same period in 2010.
AIAThe new report also showed that improvement occurred across all major machine vision supplier markets, including cameras, lighting, optics, imaging boards, software, application-specific machine vision systems and smart cameras. As a whole, major vision component sales increased 57%, while machine vision system sales rose by 31%.
In addition to determining sales results, the new report also summarizes industry expectations about sales growth for the next six months compared to the present. The report found that participating companies were nearly equally split between those that expected sales to increase during the next two quarters and those that believe sales will remain more or less equal in volume to first quarter 2010 sales.
The results of the new report leave little doubt that machine vision sales have entered a period of recovery; however, it must be recognized that the robust rates of growth for machine vision product markets also reflect severely depressed sales in 2009," noted Paul Kellett, AIA's director of market analysis. "Based on industry expectations, market growth over 2009 levels will probably continue to occur in 2010, even if growth over first quarter 2010 levels fails to materialize."
