North American sales of machine vision components and systems that provide vision intelligence to robots and other machines reached $2.874 billion in 2018, an increase of 9.2 percent over 2017 and a new record for the market. According to statistics from the AIA, the industry trade group and part of the Association for Advancing Automation (A3), application-specific machine vision (ASMV) systems led the growth with $1.998 billion in sales in 2018, an increase of 7.8 percent over 2017, followed by smart cameras with $466 million, an increase of 14.2 percent.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-03-28
CTE source: https://ctemag.com/news/north-american-machine-vision-market-grows-nearly-10-percent-2018/
Legacy path: /north-american-machine-vision-market-grows-nearly-10-percent-2018