Ann Arbor MI – According to a news release this month from the Automated Imaging Association (AIA) the first quarter of 2022 saw an 11% drop in sales of machine vision components and systems in North America. Year over year sales were $546 million, while the components category alone decreased 7% to $79 million. However component sales saw a 5% increase over Q4 2021
Despite the downturn, interest in vision technology remains at an all-time high. According to Alex Shikany, AIA’s Director of Market Analysis, 56% of industry experts are expecting an upturn in sales activity in the coming six months.
AIA President Jeff Burnstein also commented. “Despite the market’s cyclicality, interest in vision and imaging is at an all-time high,” he said. “The growing interest in these technologies was apparent at The Vision Show in Boston this past May. The show set new records for attendance, exhibitors, and its corresponding technical conference, and brought in interested users of vision technology from a multitude of industries.” […]
Click here to view original web page at www.vision-systems.com
