North American machine vision orders slow in Q1 2019

AIA statistics show 4.5 percent decline in sales over same period in 2018, down to $674 million

By MMH Staff    June 19, 2019         

Email Sign Up

Get news, papers, media and research delivered. Sign up for our free newsletters.

Stay up-to-date with news and resources you need to do your job. Research industry trends, compare companies and get weekly market intelligence with Robotics 24/7.

Robotics 24/7 newsletter

North American sales of machine vision (MV) components and systems that provide vision intelligence to robots and other machines declined 4.5 percent over the same period last year. According to statistics from the AIA, the industry’s trade group part of the Association for Advancing Automation (A3), financial transactions for the entire market contracted to $674 million, with sales of MV components down 12.6 percent to $93 million and sales of MV systems down 3.1 percent to $579 million.

“Based on what we were hearing from our member companies at the end of last year and into the new year, we expected the statistics to reflect fewer sales for the quarter,” said Alex Shikany, vice president of membership and business intelligence at A3. “The semiconductor industry, which is a leading indicator for machine vision, showed signs of contraction at the end of last year, which led us to believe lower sales figures might’ve been ahead to begin 2019. Fortunately, machine vision technologies are still becoming smarter and smaller to fit within in-demand automation applications such as AI-driven bin picking, autonomous vehicles, and advanced inspection technologies, which is a positive indicator for the future health of this industry.”

According to AIA’s latest survey of industry experts, 41 percent believe machine vision component sales in total will increase, 39 percent believe they will remain flat and 21 percent are bracing for further declines. There is more consensus for machine vision systems markets with 71 percent of respondents expecting flat performance, 23 percent expecting increases and only 6 percent bracing for declines. Overall, two-thirds (66 percent) of respondents believe the overall machine vision market in North America will remain flat in the next six months. 

Learn more about the machine vision market and innovation in the technologies at the Collaborative Robots, Advanced Vision & AI Conference (CRAV.ai) – November 12-13, 2019, San Jose, California.

 

Latest in Technology

Latest in Artificial Intelligence

Article Topics

Artificial Intelligence   Machine Vision   Industrial Automation   Collaborative Robots   News   AIA   Association for Advancing Automation   Data Management   Inspection   Technology  

All topics

Enjoyed this article? Add Robotics 24/7 as a preferred source in Google Search.

Editors' Picks

From AI Agents to Robot Action: Building the Edge Architecture for Physical AI
From AI Agents to Robot Action: Building the Edge Architecture for Physical AI

Edge computing gives AI agents the processing power to turn instructions into…

White House targets robotics imports in new national security trade review
White House targets robotics imports in new national security trade review

President Trump orders a review of robotics imports over national security…

OSARO SightWorks advances AI-powered robotic picking and packing
OSARO SightWorks advances AI-powered robotic picking and packing

Platform helps robots adapt to complex tasks