Yole Développement announces its Machine vision technology & market trends report. Yole Développement's report provides a complete analysis on machine vision market, including segmentation and market forecasts 2013-2018, detailed value chain and supply chain.
"Total industrial machine vision sales accounted for 1.2M cameras in 2012, a number expected toreach $2B in 2018, at an 8% CAGR. After moderate 1% growth in 2012 (a reflection of the economic downturn facing the global industry), an upturn is expected in the future, thanks to the automatization trend in Asian factories, new capital expenditures in the semiconductor industry and the emergence of new low-end applications," explains Paul Danini, Technology & Market Analyst, Imaging Technologies & MEMS Devices, at Yole Développement.
Growth in the low-end segments will be driven by strong price erosion stemming from the commoditization of machine vision subsystems. Machine vision players' main challenge will be how to gain market share in the dynamic low-end market segments while maintaining sustainable profitability. Concurrently, adjacent non-industrial applications are expected to burgeon at a double-digit rate, driving future growth.
Yole Développement's report includes market insights in the form of units & revenue for marketsegments in both industrial and non-industrial machine vision. Industrial machine vision market forecasts are realized for 2013-2018 and include industrial cameras, smart cameras and vision sensors.
