Machine vision grows more quickly in Americas and EMEA

IMS Research revealed in its quarterly tracker that market growth in Asia Pacific from 2010 to 2011 was only 8.5%, which was far less than the EMEA or the Americas over that same time span.

03/29/2012


IMS Research, recently acquired by IHS Inc., revealed in its quarterly tracker of the machine-vision market that from 2010 to 2011 the market in Asia Pacific grew significantly less than in EMEA or the Americas.

The tracker takes published as well as submitted data from leading suppliers to the market to calculate the overall effect in revenues; they showed that the estimated worldwide growth from 2010 to 2011 was 12.8%; in EMEA and the Americas it was 16.8% and 16.1%, respectively, but Asia Pacific was much less at 8.5%.

"This result is contrary to what might be expected," commented John Morse, senior market analyst, IMS Research. "I have been tracking this market on a quarterly basis since 2006 and always found Asia to be leading the charge in growth terms."

Morse continued, “Over a third of the machine-vision business in Asia Pacific is in Japan (included in Asia Pacific in the tracker). Most manufacturers questioned believe that the slower economic growth in Japan, exacerbated by the tsunami and subsequent infrastructure problems, resulted in the low growth figure for the whole region.

"However, research for the current report on the world market for machine vision has revealed that the remainder of the Asia Pacific market, led by China, South Korea and Taiwan, has grown faster than either the EMEA or the American market."

The machine-vision market tracker showed that business during the first half of 2011 was very buoyant, but tailed off somewhat during the third and fourth quarters. Morse added finally, "I am very interested to see how 2012 pans out, as there are very mixed views among manufacturers at present."



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Your leaks start here: Take a disciplined approach with your hydraulic system; U.S. presence at Hannover Messe a rousing success
Hannover Messe 2016: Taking hold of the future - Partner Country status spotlights U.S. manufacturing; Honoring manufacturing excellence: The 2015 Product of the Year Winners
Inside IIoT: How technology, strategy can improve your operation; Dry media or web scrubber?; Six steps to design a PM program
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Warehouse winter comfort: The HTHV solution; Cooling with natural gas; Plastics industry booming
Managing automation upgrades, retrofits; Making technical, business sense; Ensuring network cyber security
Designing generator systems; Using online commissioning tools; Selective coordination best practices

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me